A recent research report by Report Ocean Market Research predicts that the global cell culture market is poised to surpass USD 49 billion by 2026. Cell culture is rapidly emerging as a critical tool for the analysis and treatment of various diseases, such as Alzheimer’s and cancer. Major industry players are focusing on expanding their cell reservoirs and enhancing their expertise by placing significant emphasis on hiring highly trained specialists to gain a competitive edge in the market. The European Collection of Authenticated Cell Cultures (ECACC) plays a vital role in patent collection for Europe, conducting research data and acting as an international reservoir authority.
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According to VF Bioscience SAS, the cell culture method is gaining global acceptance in the field of food and beverages, and this trend is expected to gain substantial traction in 2017. Furthermore, cell culture is also gaining importance as a significant factor in the production of high-quality plant actives.
Automated culture frameworks offer highly enhanced capacity handling, increased efficiency, and reproducible purity levels. Ongoing government initiatives related to increasing investments by manufacturers and governments in biopharmaceutical manufacturing, as well as significant untapped market opportunities, are vital factors contributing to this rapid growth.
The demand for cell culture has reached a point where traditional manual scale handling and production of cultures cannot meet the growing requirements. This has led to the development of automated large-scale cell culture systems capable of producing high-throughput cell cultures of high purity and in larger quantities. The continuous advancement of cell culture systems and applications has positioned this market for steady and substantial growth through 2026. This surge in demand has propelled the cell culture market, with an estimated value of over USD 49 billion by 2026.
This increased demand can be attributed to the evolving need for biopharmaceutical development, vaccine research and development, and protein production, all of which heavily rely on cytological R&D in which cell culture plays a significant role. The growing demand for biopharmaceuticals is also expected to fuel regional market growth during the forecast period.
Key findings from the study indicate that North America held the largest share of this market in 2017, as a substantial number of ongoing research projects in the region are related to cytological analysis for proteomics, genomics, and drug and vaccine development. Europe has shown significant improvement in the adoption of cell culture technology and cell biology research, with companies investing in innovative technologies and advances in cell culture applications. The Asia Pacific market is expected to grow at a lucrative pace due to the evolving healthcare infrastructure, driving demand for biotechnological products.
Cell culture sera accounted for over half of the revenue generated in 2017, primarily due to high serum utilization in cell culture components and their relatively high average market prices. Additionally, the commercialization of serum-free sera is expected to drive market demand in the coming years. Culture reagents, including amino acids, cofactors, thrombin, and growth factors, though used in small quantities, represent a significantly large share of revenue due to their relatively high costs.
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- The research provides valuable insights for top management, policymakers, professionals, product developers, sales managers, and stakeholders in the market, helping them make informed decisions and effective strategies.
- The report offers comprehensive analysis of Cell Culture market revenues on a global, regional, and country level, projecting trends until 2030. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
- The research includes segmentation of the Cell Culture market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
- Analysis of the Cell Culture market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
- The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
- The study helps evaluate Cell Culture business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
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