Global Cell Culture Market was valued US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at CAGR of 12% during forecast period.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Utilization of cell cultures has improved to an extent where old small-scale production and handling of cultures decreasing for the growing demand. This has stimulated the development of automatic large-scale cell culture systems which are proficient of creating high throughput cell cultures of exceptional purity and in larger quantities. Continued development of cell culture methods and applications has poised this market to anticipate a steady and substantial growth by to 2026.
The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
Because of the revolutions in genetic engineering there has been a major increase in the usage of protein based biopharmaceuticals. Their invention is greatly dependent on the protein expression systems resultant from mammalian cell cultures and production of high yielding cell lines. This newly developed application of cell cultures in the biopharmaceutical is responsible for most of the revenue generated from this segment and is also estimated to be the main cause for the same during the forecast period.
Largest share of revenue produced worldwide was accounted for by North America in 2017. Because of the introduction and progress of automated cell culture techniques and increasing usage of stem cell therapy in the region, cell culture finds maximum application in U.S. and Canadian life science laboratories. In U.S. alone, cell culture mechanization for cell-based assays like induced pluripotent stem cell research, cellular expression, culturing of monoclonal antibodies (MaBs) and cryobanking accounted for around a third of the income generated.
As a result of unconventional developments in bioreactors, companies are also contained in the summary and improvement of 3D cell culture methods which are a step up from the predictable 2D cell cultures. Three-dimensional cell collections which are acquired from 3D cultures are more accurate models of in vivo cells and it is projected that there expansion will further boost the market growth.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Cell Culture Market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in Cell Culture Market.
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Scope of Global Cell Culture Market:
Global Cell Culture Market by Product:
Global Cell Culture Market by Application:
• Stem Cell
• Therapeutic proteins
Global Cell Culture Market by End User:
• Research Institutes
Global Cell Culture Market by Region:
• North America
• Asia Pacific
• Middle East & Africa
• South Africa
Key Players Operating in the market includes:
• Dickinson and Company
• Thermo Fisher Scientific
• Merck KGaA
• HiMedia Laboratories
• GE Healthcare
• Corning Incorporated
• Sartorius AG
• Eppendorf AG
• PromoCell GmbH
• Danaher Corporation
• Irvine Scientific
• CellGenix GmbH
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