Global Cell Culture Market Size, Share And Growth Analysis For 2024-2033

August 07, 2024 08:28 PM AEST | By EIN Presswire
 Global Cell Culture Market Size, Share And Growth Analysis For 2024-2033
Image source: EIN Presswire

LONDON, GREATER LONDON, UK, August 7, 2024 /EINPresswire.com/ -- The cell culture market has experienced robust growth in recent years, expanding from $27.66 billion in 2023 to $30.67 billion in 2024 at a compound annual growth rate (CAGR) of 10.9%. The growth in the historic period can be attributed to increasing demand for cell culture products, growing vaccine production, growing demand for 3d cell culture, and demand for cell culture consumables.

Strong Future Growth Anticipated
The cell culture market is projected to continue its strong growth, reaching $48.33 billion in 2028 at a compound annual growth rate (CAGR) of 12.0%. The growth in the forecast period can be attributed to expansion of cell therapy, precision medicine, globalization of research and production, cell-based assays.

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Growth Driver Of The Cell Culture Market
The growing demand for personalized medicine is expected to propel the growth of the cell culture market. Personalized medicines, also known as precision medicine, are a category of medical treatments and therapies that are tailored to the specific characteristics of individual patients. Cell culture plays a crucial role in personalized medicine by serving as a foundational tool for research, drug development, disease modeling, and therapeutic applications tailored to individual patients.

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Major Players And Market Trends
Key players in the cell culture market include Becton Dickinson, Corning Incorporation, Eppendorf, GE Healthcare, Merck KGaA, Thermo Fisher Scientific, Lonza Group.
Major companies operating in the cell culture market are developing innovative cell culture solutions, such as the cQrex portfolio, to improve the efficiency and productivity of cell cultures and address the challenges of cell culture. cQrex portfolio of cell culture ingredients to increase efficiency and productivity. The cQrex portfolio of cell culture ingredients is a suite of peptides and the keto acid AKG, which are designed to help manage the supply of critical nutrients by improving their stability or solubility to increase productivity.

Segments:
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

Geographical Insights: North America Leading The Market
North America was the largest region in the cell culture market in 2023. The Middle East is expected to be the fastest-growing region in the global cell culture market share during the forecast period. The regions covered in the cell culture market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Cell Culture Market Definition
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.

Cell Culture Global Market Report 2024 from The Business Research Company covers the following information:
•Market size data for the forecast period: Historical and Future
•Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
•Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.
The Cell Culture Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on cell culture market size, cell culture market drivers and trends, cell culture market major players, cell culture competitors' revenues, cell culture market positioning, and cell culture market growth across geographies. The cell culture market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

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