Global Cell Culture Market

Cell Culture Market Size, Share, Growth Analysis, By Product (Consumables, Equipment), By Application (Biopharmaceutical Production, Diagnostics), By End User (Pharmaceutical & Biotechnology Companies, Hospitals & Diagnostic Laboratories), By Region - Industry Forecast 2024-2031


Report ID: SQMIG35H2257 | Region: Global | Published Date: November, 2024
Pages: 208 | Tables: 96 | Figures: 71

Cell Culture Market Regional Insights

North America, with its advanced healthcare system, huge efforts in research and development, and clustering of leading biotechnology and pharmaceutical firms, is today the world leader in global cell culture markets. Besides, there are many academic and research institutions that facilitate innovation and technology transfer in cell culture, thereby strengthening this region. North America's market leadership is further cemented by the region's advantageous legislative framework, significant financing for life sciences, and high adoption rates of cutting-edge technologies. North America is positioned as the major hub for cell culture breakthroughs and applications due to its highly qualified workforce, increased emphasis on personalized medicine, and use of regenerative medicines.

Europe is the highest growing country in the global cell culture market due to its fast-growing life sciences sector, increased research funding, and high investments in biotechnology and pharmaceutical sectors. The continent also has many universities and research centers focusing on cell culture advances which promote collaborative research. The expansion of the market in Europe owes its rise to government initiatives and support systems, personalized medicines and regenerative medicine. Increasing clinical trials and development of new cell culture technologies are also contributing factors to this field's growth. By incorporating modern technologies and establishing strong ties with academia, Europe is consolidating its leadership role in cell culture development.

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Global Cell Culture Market size was valued at USD 28.2 billion in 2022 and is poised to grow from USD 32.01 billion in 2023 to USD 88.15 billion by 2031, growing at a CAGR of 13.50% during the forecast period (2024-2031).

Trained with data till October 2023. Seriously competitive global cell culture market due to continuous innovation and technological advancement. Major players are focusing on strategic alliances, acquisitions as well as product development to expand their market share. Corning Incorporated, GE Healthcare, Merck KGaA, Thermo Fisher Scientific and Lonza Group are leading global companies supplying various cell culture products like medium, reagents among others. These companies are shaping the market by investing in biopharmaceuticals and cell-based research solutions. 'Thermo Fisher Scientific Inc. (US)  ', 'Danaher Corporation (US)  ', 'Merck KGAA (Germany)  ', 'Sartorius AG (Germany)  ', 'Corning Incorporated (US)  ', 'Fujifilm Holdings Corporation (Japan)  ', 'BD (Becton, Dickinson and Company) (US)  ', 'Eppendorf SE (Germany)  ', 'Lonza (Switzerland)  ', 'Getinge AB (Sweden)  ', 'Agilent Technologies, Inc. (US)  ', 'Himedia Laboratories (India)  ', 'Bio-Techne (US)  ', 'Miltenyi Biotec (Germany)  ', 'Stemcell Technologies (Canada)  ', 'Solida Biotech GmbH (Germany)  ', 'Caisson Labs Inc. (US)  ', 'Promocell GmbH (Germany)  ', 'Invivogen (US)  ', 'Pan-Biotech (Germany)  ', 'Cellexus (UK)  ', 'Meissner Filtration Products, Inc. (US)  ', 'Adolf Kühner AG (Switzerland)  ', 'Advancion Corporation (US)  ', 'Biospherix, Ltd. (US)'

Increased demand for biopharmaceuticals, such as cell-based therapies and monoclonal antibodies, is a result of the rising incidence of chronic diseases like diabetes, cancer, and autoimmune disorders. Cell culture is an indispensable instrument in medication manufacture since these biologics demand complex cell culture procedures for large-scale manufacturing, research, and development.

Rise of 3D Cell Culture Systems for Enhanced Drug Discovery: As they can more closely resemble in vivo settings, 3D cell culture methods are gradually taking the place of conventional 2D models. This trend is driving drug discovery, cancer research and toxicity testing which allows for improved efficacy in the development of therapies and accurate human tissue modeling.

North America, with its advanced healthcare system, huge efforts in research and development, and clustering of leading biotechnology and pharmaceutical firms, is today the world leader in global cell culture markets. Besides, there are many academic and research institutions that facilitate innovation and technology transfer in cell culture, thereby strengthening this region. North America's market leadership is further cemented by the region's advantageous legislative framework, significant financing for life sciences, and high adoption rates of cutting-edge technologies. North America is positioned as the major hub for cell culture breakthroughs and applications due to its highly qualified workforce, increased emphasis on personalized medicine, and use of regenerative medicines.

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Global Cell Culture Market

Report ID: SQMIG35H2257

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