Transparency Market Research
The global cell culture market is witnessing impressive growth due to the increase in demand for biopharmaceutical products. Since its introduction as an integral part of the life sciences industry, the cell culture market has witnessed significant growth in terms of scope as well as adoption by the end-users. The double-digit growth in the biotechnology and biopharmaceutical industries is the major factor likely to boost the growth of the cell culture market in the near future.
The cell culture market has been extensively analyzed on the basis of instruments, consumables, and geography. Instruments include culture systems, incubators, pipette instruments, roller bottle equipment, biosafety cabinets, cryostorage equipment, and others. Cell culture consumables have been further segmented into media (chemically defines media, classical media, lysogeny broth, protein-free, serum-free and specialty media), sera (fetal bovine serum, others) and reagents (albumin, amino acids, attachment factors, growth factors and cytokines, protease inhibitors, thrombin and others). Each of the segments has been analyzed in detail for market trends, recent developments, outlook, and opportunities. The report provides current and future market size for each segment and sub-segment for the period from 2012 to 2022, in terms of revenue in USD million considering 2012 and 2013 as the base years. The compound annual growth rate (% CAGR) for each market segment has been provided for the forecast period from 2014 to 2022 along with the market size estimations.
In terms of geography, the global cell culture market has been classified into five major regions: North America (the U.S., Canada), Europe (Germany, the U.K.), Asia-Pacific (Japan, China), Latin America (Brazil, Mexico), and Rest of the World (RoW). The regions have been further segmented by major countries. The current and future market sizes in terms of revenue (USD million) of these regional markets and their major countries have been provided in the report for the period from 2012 to 2022, with their growth rate (%) for the period from 2014 to 2022. The study also offers a list of recommendations and highlights of the market for new companies willing to enter the market and for existing companies to increase market shares, which is likely to help in the decision-making process.