Progressive Developments In Regenerative Drugs And High Unmet Medical Requirements In Developing Markets To Boost The Cell Culture Market Growth

Cell Culture Market

Cell Culture Market By Consumable (Media, Sera, Reagents), By Product (Culture Systems, Centrifuges), by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)- Size, Share, Outlook, and Opportunity Analysis, 2022 – 2030

The global Cell Culture Market is estimated to be valued at US$ 27.9 billion in 2023 and is expected to exhibit a CAGR of 12.9 % over the forecast period, as highlighted in a new report published by Coherent Market Insights.

Market Overview:

Cell culture is a procedure in which cells are grown under specific conditions. The development of microorganisms such as microbes and yeast, or human, flora, or fauna tissues in the lab. Cell cultures may be utilized to examine inflammation, to test novel medicines, and in study.

Competitive Landscape:

Key players involved in the growth of the global Cell Culture for Market are Bio-Rad Laboratories, Inc., Sartorius AG, Bio-Techne Corporation, Thermo Fisher Scientific, Inc., PromoCell GmbH, Becton, Dickinson and Company, Eppendorf SE, Merck KGaA, BioSpherix, Ltd. and VWR International, LLC.

Market Key Drivers:

Progressive developments in regenerative drugs and high unmet medical requirements in developing markets are projected to adopt cell culture techniques which is expected to augment the growth of global Cell Culture Market. For instance, in January 2022, India’s UHM revised the New Drugs & Medical Trials Rules for the inclusion of cell-derived or stem cell-derived commodities in the scope of novel medicines.

Rising regulatory initiatives and partnerships by the key players for the expansion of the product in the market is projected to propel the growth of the global Cell Culture for Market. For instance, For instance, in January 2022, Cytiva partnered with Nucleus Biologics for the advancement of custom culture medium for cell and gene therapies.

Covid-19 Impact Analysis:

The COVID-19 pandemic has positively affected the growth of the global Cell Culture for Market due to the advancement of new diagnostic and treatment options for the disorder. For example, research claims of cell lines such as high-output COVID-19 drug monitoring for detection of potential medicine candidates and examinations focused at knowing the function of viral entry in the host cells which propels the market growth.

Cell Surface Markers is typically performed using flow cytometry, which is a technique that uses fluorescently-labeled antibodies to target specific markers. The cells are passed through a flow cytometer and the emitted fluorescence is measured, allowing for the identification and quantification of specific cell types.

Key Takeaways:

The global Cell Culture Market is anticipated to exhibit a CAGR of 12.9 % during the forecast period owing to the rising product launches and approvals by the key players. For instance, in March 2022, CELLINK introduced its BIO CELLX bio-dispensing marketplace for the mechanization of 3D cell-based assesses for drug developments and tumor research.

Among regions, North America, Europe and Asia Pacific are expected to witness robust growth in global Cell Culture for Market due to rising technological developments, rising cardiovascular diseases, favorable government rules, rising healthcare infrastructure. For instance, as per CDC over 805,000 people in U.S suffer heart attack annually.