Key Drivers and Opportunities in the Cell Culture Market: Insights into Trends and Growth
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What Long-Term Growth Rate is Expected for the Cell Culture Market Between 2025 and 2034?
In recent years, there has been a significant expansion in the size of the cell culture market. The market is projected to escalate from $27.85 billion in 2024 to $31.14 billion in 2025, reflecting a compound annual growth rate (CAGR) of 11.8%. The historic progress in the market size can be tied to a surge in the demand for cell culture products, an escalation in vaccine production, an increasing interest in 3D cell culture, and a rise in the demand for cell culture consumables.
In the upcoming years, the cell culture market is predicted to witness robust expansion. The market value is anticipated to reach $43.72 billion by 2029, growing at a compound annual growth rate (CAGR) of 8.9%. The projected growth during this period can be accredited to the proliferation of cell therapy, advancement in precision medicine, global expansion of research and production, as well as cell-based assays. Some of the prominent trends during this forecast period encompass improvements in cell culture technology, bioprocessing methodologies, refined cell imaging, incorporation of automation, and data management in biomanufacturing.
Which Drivers Are Expected to Have the Greatest Impact on the Cell Culture Market’s Growth?
The cell culture market is set to expand due to the increasing need for cell therapy. Cell therapy involves the provision of live cells into a patient’s body to counter any existing medical conditions, and cell culture serves as a crucial component of this process. As an example, Gilead Sciences Inc., a pharmaceutical corporation based in the U.S., reported in February 2023 that the sales for cell therapy products spiked by 75%, attaining $419 million in the final quarter of 2022, a clear contrast to the same period from the previous year. Cell culture plays a pivotal part in creating, manufacturing, and marketing cell therapies, offering transformative prospects for the healthcare sector in treating numerous diseases. Consequently, the rise in demand for cell therapy catalyzes the growth of the cell culture market.
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What Are the Key Firms That Are Driving Transformation in the Cell Culture Market?
Major companies operating in the cell culture market include Becton Dickinson, Corning Incorporation, Eppendorf, GE Healthcare, Merck KGaA, Thermo Fisher Scientific, Lonza Group, HiMedia Laboratories, Agilent Technologies Inc., PromoCell GmbH, CellGenix GmbH, InvivoGen, Greiner Bio-One, Irvine Scientific, Cell Culture Company (CCC) LLC, Sera Care Life Sciences Incorporation, American Type Culture Collection, Miltenyi Biotec, AITbiotech Pte Ltd., Bel-Art Products Inc., Sumitomo Bakelite, EMD Millipore, VWR International LLC, WHEATON IndustriesInc, Sartorius AG, Nunc Systems, Pall Corporation, PerkinElmer Genomics, Compagnie de Saint-Gobain S.A.
What Are the Top Trends Shaping the Evolution of the Cell Culture Market?
Key market players in the cell culture industry, such as the ones that have developed the cQrex portfolio, are introducing innovative solutions to enhance the effectiveness and output of cell cultures, thus tackling the challenges present in cell culture. The cQrex portfolio includes a set of ingredients known for augmenting the efficiency and output of cell culture. Among these products are peptides and the keto acid AKG, specifically designed to optimize the supply of crucial nutrients by enhancing their stability or solubility for increased productivity. For instance, Evonik Industries AG, a specialty chemicals company based in Germany, introduced the cQrex portfolio of cell culture ingredients to amplify efficiency and productivity in June 2023. This portfolio is an invaluable resource for cell culture researchers aiming to improve the effectiveness and output of their work, especially when dealing with cultures used to craft high-value products like monoclonal antibodies and vaccines. Not only are these ingredients pure and versatile, but they’re also user-friendly. Furthermore, these ingredients can assist cell culture researchers in elevating the efficiency and output of their cell cultures.
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Which Industry Segments Are Leading the Development and Expansion of the Cell Culture Market?
The cell culture market covered in this report is segmented –
1) By Type: Primary Cell Culture, Secondary Cell Culture, Cell Line
2) By Media: Natural, Artificial
3) By Applications: Stem Cell Technologies, Cancer Research, Biopharmaceutical, Tissue Engineering & Regenerative Medicine, Other Applications
Subsegments:
1) By Primary Cell Culture: Adherent Cell Culture, Suspension Cell Culture
2) By Secondary Cell Culture: Continuous Cell Lines, Finite Cell Lines
3) By Cell Line: Immortalized Cell Lines, Transformed Cell Lines
What Regions Are Driving Expansion in the Cell Culture Market?
The countries covered in the cell culture market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
What Key Parameters Define the Cell Culture Market’s Scope?
Cell culture refers to the growth of human, plant, or animal cells in a lab, as well as the growth of microorganisms like bacteria and yeast. Cell cultures can be used for research, medication testing, and infection diagnosis. The cells may come from multicellular eukaryotes, established cell strains, established cell lines, or any combination of these.
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