Global Cell Culture Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Cell Culture Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Product and Consumables (Product (Biosafety Equipment, Centrifuges, Cryostorage Equipment, Culture Systems/Bioreactors, Incubators, Pipetting Instruments, and Others), and Consumables (Media, Sera, and Reagents)), Application (Biopharmaceuticals, Drug Development, Gene Therapy, Tissue Culture and Engineering, Vaccine Production, and Other Applications), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Cell Culture Market was valued at USD 18,472.6 million in 2023 and is expected to reach USD 43,562.5 million by 2031 while growing at a CAGR of 11.3% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global cell culture market growth. Cell culture involves growing and maintaining cells outside their natural environment in a lab. Cells are life's basic units, and studying their behavior, physiology, and responses is vital for science and medicine. Researchers use cell culture in diverse areas like basic research, drug discovery, regenerative medicine, and biotechnology.
Increasing demand for biopharmaceuticals and the rise in stem cell research and regenerative medicine are expected to drive substantial growth in the cell culture market. However, obstacles such as the cost of cell culture products and ethical concerns and regulatory challenges may hinder market expansion.
Furthermore, the global cell culture industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Product and Consumables Analysis
The Global Cell Culture Market is segmented among Products and Consumables, based on Product and Consumables. In 2023, Consumables accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Application Analysis
The Global Cell Culture Market is segmented among Biopharmaceuticals, Drug Development, Gene Therapy, Tissue Culture and Engineering, Vaccine Production, and Other Applications, based on Application. In 2023, Biopharmaceuticals accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Cell Culture Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Biospherix, Hi-Media Laboratories, Merck KGaA, Promocell GmbH, Sartorius AG, Thermo Fisher Scientific, Danaher Corporation, Sekisui XenoTech LLC, Lonza Group, and Agilent Technologies Inc.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Cell Culture Market Dynamics
Drivers
Restraints
Opportunity
4. Global Cell Culture Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Cell Culture Market Segmentation, By Product and Consumables
Global Cell Culture Market Share Analysis, By Product and Consumables
Global Cell Culture Market Growth Analysis, By Product and Consumables
Global Cell Culture Market Trends, By Product and Consumables
o Product
Ø Biosafety Equipment
Ø Centrifuges
Ø Cryostorage Equipment
Ø Culture Systems/Bioreactors
Ø Incubators
Ø Pipetting Instruments
Ø Others
o Consumables
Ø Media
Ø Sera
Ø Reagents
6. Global Cell Culture Market Segmentation, By Application
Global Cell Culture Market Share Analysis, By Application
Global Cell Culture Market Growth Analysis, By Application
Global Cell Culture Market Trends, By Application
o Biopharmaceuticals
o Drug Development
o Gene Therapy
o Tissue Culture and Engineering
o Vaccine Production
o Other Applications
7. Global Cell Culture Market Segmentation, By Region
Global Cell Culture Market Share Analysis, By Region
Global Cell Culture Market Growth Analysis, By Region
Global Cell Culture Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
Biospherix*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Hi-Media Laboratories
Merck KGaA
Promocell GmbH
Sartorius AG
Thermo Fisher Scientific
Danaher Corporation
Sekisui XenoTech LLC
Lonza Group
Agilent Technologies Inc.
*Similar analysis will be provided for each company listed above.