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Cell Culture Global Market Report 2022: Strong R&D Pipeline for Biopharmaceuticals Bolsters Sector – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Cell Culture Market by Product [Consumables (Media, Reagents, Sera, Cell Lines), Equipment (Bioreactor, Centrifuge, Cell Counter)], Application (Bioproduction, Cancer Research, Stem Cell, Diagnostic), and End User (Pharma, Academic) – Global Forecast to 2029” report has been added to ResearchAndMarkets.com’s offering.

The cell culture market is expected to reach $48.63 billion by 2029, at a CAGR of 11.7% from 2022 to 2029.

After extensive primary and secondary research, the report provides an in-depth analysis of the cell culture market and insights into the key drivers, restraints, challenges, and opportunities in the cell culture market.

The growing demand for monoclonal bodies, increasing prevalence of chronic diseases, funding for cell-based research, rising adoption of single-use technologies, growing demand for biopharmaceuticals, and increasing R&D spending in the life science sector are the major factors driving the growth of this market.

Furthermore, the growing adoption of 3D cell culture and personalized medicine to offer new growth potential are expected to provide significant growth opportunities. However, disposal of plastic waste generated from single-use technologies, cell line misidentification and cross contamination, and reproducibility of results challenge the growth of the market up to a certain extent.

Based on product, in 2022, the consumables segment is estimated to account for the largest share of the cell culture market. The large market share of this segment is attributed to the recurrent usage of the consumables such as media, reagents, sera, and cell culture vessels for carrying out the cell culture technique. Additionally, companies are launching products specific to cell type, further supporting cell-specific research studies.

Based on application, in 2022, the bioproduction segment is estimated to account for the largest share of the cell culture market. The large market share of this segment is attributed to the growing demand for biopharmaceutical products and the need for cell culture products for the bioprocessing of these biopharma products. Furthermore, research for novel products such as therapeutic proteins, vaccines, and cell and gene therapy contributes to market growth.

Based on end user, in 2022, the pharmaceutical and biotechnology companies segment is estimated to account for the largest share of the cell culture market. The large market share of this segment is attributed to the increasing research and commercial production of biopharmaceuticals, increasing clinical pipeline, and rising funding for R&D related to cell-based therapies.

Market Dynamics

Drivers

Restraints

Opportunities

Challenges

Scope of the Report:

Cell Culture Market, by Product

Cell Culture Market, by Application

Cell Culture Market, by End User

Cell Culture Market, by Geography

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Insights

5. Global Cell Culture Market, by Product

6. Global Cell Culture Market, by Application

7. Global Cell Culture Market, by End User

8. Cell Culture Market, by Geography

9. Competitive Landscape

10. Company Profiles (Business Overview, Financial Overview, Product Portfolio, Strategic Developments)

11. Appendix

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/r/70xx30

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