Global Cell Culture Market to Grow at a CAGR of 10.2% During 2024-2032, Aided by Advancements in 3D Cell Culture Technologies and their Expanding Applications in Various Fields

The robust growth of the global cell culture market is driven by two key factors:

• Increased adoption of cell culture for viral vaccine production: This method offers a safe and reliable platform for the development and manufacturing of viral vaccines, contributing significantly to market expansion.

• Growing demand for advanced therapy medicinal products (ATMPs): The rising need for ATMPs, such as cell and gene therapies, is fueling the demand for advanced cell culture techniques, further propelling market growth.

Significant R&D efforts by leading pharmaceutical and biotechnology companies to develop novel vaccines, therapies, and diagnostics have driven a substantial rise in the demand for cell culture research tools, aiding the cell culture market growth. This trend has been further amplified by the recent COVID-19 pandemic, which has underscored the critical need for innovative cell-based models, organoids, and high-throughput screening platforms to accelerate research and drug discovery efforts. Notably, the urgency to combat the pandemic has exacerbated the demand for bioreactors and culture systems, playing a crucial role in vaccine production and drug testing applications.

The potential of artificial organs to significantly improve the quality of life for patients suffering from organ failure is attracting significant attention from leading pharmaceutical and biotechnology companies. This focus is expected to drive the demand for advanced cell culture techniques, which are crucial for the development and production of these complex structures.

In August 2022, Thermo Fisher Scientific Inc. (NYSE: TMO) expanded its dry powder media manufacturing facility in Grand Island, New York, to address the rising global demand for cell culture media critical for the production of novel vaccines and biologics. This strategic investment bolsters the Grand Island site's capacity to ensure a reliable global supply chain for essential media, while simultaneously enhancing its capabilities to deliver the high-quality technology and materials required for the development and commercialisation of life-saving vaccines and biologic therapies.

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Market Breakup by Product, Application, End Use, and Region:

• On the basis of the product, the market is divided into instruments, mediums, sera, and reagents.

• The market can be segmented based on application into biopharmaceutical production, diagnostics, drug screening and development, stem cell research, and tissue engineering and regenerative medicine, among others.

• On the basis of the end use, the market is classified into biotechnology companies, pharmaceutical companies, academic institutes, and research institutes.

• By region, the market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

Key Findings of the Report:

• The cell culture market expansion is being aided by the increasing prevalence of chronic diseases, particularly cancer, necessitates the exploration of novel therapeutic strategies, significantly amplifying the demand for cell culture techniques in research and development. 

• The growing adoption of cell culture techniques across diverse fields, including drug discovery, vaccine development, and personalised medicine, further propels the market expansion. Additionally, heightened awareness regarding the versatility and efficacy of cell culture techniques within the scientific community fosters continuous market growth. 

• Moreover, increased funding allocated to research endeavours, both public and private, fuels advancements in cell culture technologies and applications, ultimately contributing to the market expansion. The surge in cancer-related research, specifically, acts as a major catalyst for the market, as these studies heavily rely on this critical technique.

Key Offerings of the Report:

• The EMR report gives an overview of the global cell culture market for the periods (2017-2023) and (2024-2032). 

• The report also offers historical (2017-2023) and forecast (2024-2032) market information for the products, applications, end uses, and regions of cell culture.

• The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global cell culture market are Sartorius AG, Thermo Fisher Scientific Inc., Eppendorf AG, Corning Incorporated, Becton, Dickinson and Company, Merck KGaA, Lonza, Bio-Rad Laboratories, Inc., BioTechne Corporation, BioSpherix®, Ltd, Synthecon, Incorporated, and SKE Research Equipment®, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

Key Highlights of the Report

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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.