October 6, 2024

Cell Culture Market Sales to Exceed 52.65 Billion by 2030

The global cell culture market is on the rise. According to research and consulting company, Precedence Research, the market size of cell culture worldwide will hit US$ 52.65 billion by 2030, up from US$ 24.19 billion in 2022. This means a cumulative average growth rate (CAGR) of 10.21% from 2022 to 2030. The report contains 150+ pages with detailed analysis.

Cell Culture Market Size 2021 to 2030

The surging awareness regarding the benefits of cell based vaccines, rising prevalence of cancer and other diseases, growing demand for monoclonal antibodies, increasing investments in the cell based research studies, rising focus towards personalized medicines, growing adoption of single use technologies, and rising technological advancements in the cell culture techniques are some of the major factors that are expected to boost the growth of the global cell culture market.

As per the International Agency for Research on Cancer, in 2020, there were around 10 million deaths and 19.3 million new cases of cancer recorded across the globe. The rising prevalence of cancer is significantly boosting the demand for the monoclonal antibodies for the treatment and hence, the demand for the cell culture is bolstering.

Moreover, the rapid emergence and rapidly growing adoption of the 3D cell culture techniques is further fueling the growth of the global cell culture market. The rising investments towards the development of cell based vaccines and drugs is expected to drive the global market during the forecast period. Moreover, the various developmental strategies such as new product launches, mergers, and acquisitions are expected to significantly contribute towards the market growth in the forthcoming future.

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Cell Culture Market Report Scope

Report CoverageDetails
Market Size by 2030USD 52.65 Billion
Growth Rate from 2022 to 2030CAGR of 10.21%
Largest MarketNorth America
Fastest Growing RegionAsia Pacific
Base Year2021
Forecast Period2022 to 2030
Segments CoveredType, Application, End User, Distribution Channels, Geography

Cell Culture Market Report Highlights

  • Based on product, the consumables segment dominated the market. The extensive usage of consumables in the research activities and the presence of huge number of research institutes, biopharmaceutical companies, and numerous contract manufacturing and contract research organizations has led to the extensive demand for the consumables across the globe.
  • Based on the application, the drug discovery is expected to be the fastest-growing segment. The rising prevalence of various chronic and gene related diseases has fueled the demand for the innovative therapies and vaccines to effectively treat the diseases. The biopharma companies are extensively investing in the drug discovery and development activities to develop new and effective therapies.

Cell Culture Market Regional Snapshot

North America was the leading cell culture market in 2021. The outbreak of COVID-19 diseases and its rapid spread across the globe has attracted huge investments in the research studies that exponentially contributed to the growth of the cell culture market. Moreover, the North America region is the home to several top biopharmaceutical companies and several contract manufacturing and research organizations that spurs the demand for the cell culture techniques exponentially.

The various government policies in US supports the medical research activities as the healthcare is one of the major industries in US. Healthcare expenditure accounted for around 18% of the US GDP in 2018.In 2016, The Human Cancer Models Initiative was undertaken to grow 1,000 new cell line for scientific studies within a period of three years. The favorable government support in medical research studies has significantly fostered the growth of the North America cell culture market.

Asia Pacific is estimated to be the most opportunistic market during the forecast period. The presence of several top research institutes and contract research organizations significantly boosts the demand for the cell culture consumables. The rising demand for the development of various new and innovative drugs and vaccines is bolstering the growth of the Asia Pacific cell culture market.

Cell Culture Market Dynamics

Driver: Surging awareness regarding the advantages of cell-based vaccines

Climate change, rising global population, and rising contact between animals and human has increased the risks of outbreaks of new viruses. Influenza, Swine Flu, and COVID-19 are some examples. This is a major factor that is boosting the need for cell based medical research studies to develop cell based vaccines to treat the various viruses and infections. Previously, the cell culture techniques has helped in the development of vaccines for various diseases such as smallpox, polio, rotavirus, hepatitis, and chickenpox. Therefore, the rising awareness regarding the benefits of cell based vaccines is expected to drive the growth of the cell culture market.

Restraint: High costs involved in cell biology research

The cell biology involves research and development on new therapies like gene therapies and stem cell therapies. A high capital investment is required in the acquisition of various equipment and consumables that facilitates cell based biology research. Moreover, maintaining quality of the research studies and compliances to the regulatory guidelines has fueled the costs involved. Thus the high costs is a major restraining factor in the cell culture market.

Also Read: Vascular Grafts Market Sales to Exceed 8.5 Billion by 2030

Opportunity: Surging demand for the 3D cell culture

The various advantages of the 3D cell culture over the 2D cell culture is boosting the demand for the 3D cell culture techniques. The greater stability and extended life spans of the 3D cell cultures over the 2D counterpart has boosted the adoption of the 3D cell culture across the globe. The rising adoption of the 3D cell culture is expected to drive the market growth in the foreseeable future.

Challenge: Generation of plastic wastes

The extensive usage of the plastic consumables in the cell based research activities generates a huge volume of plastic wastes. Plastics are non-biodegradable are have a negative impact on the environment. The disposal of the plastic wastes has emerged as a major challenge for the market players.

Cell Culture Market Key Players

  • Corning Incorporated
  • Merck KGaA
  • Sartorius AG
  • BioSpherix, Ltd.
  • Cell Culture Company, LLC
  • Thermo Fisher Scientific Inc.
  • VWR International LLC
  • Lonza
  • Eppendorf AG
  • FUJIFILM Irvine Scientific, Inc.

Segments Covered in the Report

By Product

  • Equipment
    • Centrifuges
    • Culture Systems/Bioreactors
    • Biosafety Equipment
    • Cryostorage Equipment
    • Pipetting Instruments
    • Incubators
    • Cell Culture Vessels
    • Others
  • Consumables
    • Reagents
    • Growth Factors & Cytokines
    • Albumin
    • Protease inhibitor
    • Thrombin
    • Attachment Factors
    • Amino Acids
  • Sera
    • Fetal Bovine Serum (FBS)
    • Others
  • Media
    • Chemically Defined
    • Classical Media
    • Lysogeny Broth
    • Serum Free
    • Protein Free
    • Specialty Media

By Application

  • Drug Discovery
  • Biopharmaceuticals
    • Monoclonal antibodies
    • Vaccines production
    • Other therapeutic proteins
  • Tissue Culture and Engineering
    • Cell and gene therapy
    • Other tissue engineering & regenerative medicine applications
  • Vaccine Production
  • Gene Therapy
  • Others

By End User

  • Pharmaceutical & Biotechnology Companies
  • Hospitals & Diagnostic Laboratories
  • Research & Academic Institutes
  • Other

By Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Malaysia
    • Philippines
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East & Africa (MEA)
    • GCC
    • North Africa
    • South Africa
    • Rest of the Middle East & Africa

Research Methodology

A unique research methodology has been utilized to conduct comprehensive research on the growth of the global cell culture market and arrive at conclusions on the future growth prospects of the market. This research methodology is a combination of primary and secondary research, which helps analysts warrant the accuracy and reliability of the draw conclusions.

Secondary sources referred to by analysts during the production of the global market report include statistics from company annual reports, SEC filings, company websites, World Bank database, investor presentations, regulatory databases, government publications, and industry white papers. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, and market intelligence managers, who contributed to the production of our study on the market as a primary source.

These primary and secondary sources provided exclusive information during interviews, which serves as validation from mattress topper industry leaders. Access to an extensive internal repository and external proprietary databases allows this report to address specific details and questions about the global cell culture market with accuracy. The study also uses the top-down approach to assess the numbers for each segment and the bottom-up approach to counter-validate them. This has helped to estimate the future prospects of the global market more reliable and accurately.

Why should you invest in this report?

If you are aiming to enter the global cell culture market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for cell culture are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Cell Culture Market 

5.1. COVID-19 Landscape: Cell Culture Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Cell Culture Market, By Product

8.1. Cell Culture Market, by Product, 2022-2030

8.1.1 Equipment

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Consumables

8.1.2.1. Market Revenue and Forecast (2017-2030)

8.1.3. Sera

8.1.3.1. Market Revenue and Forecast (2017-2030)

8.1.4. Media

8.1.4.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Cell Culture Market, By Application

9.1. Cell Culture Market, by Application, 2022-2030

9.1.1. Drug Discovery

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. Biopharmaceuticals

9.1.2.1. Market Revenue and Forecast (2017-2030)

9.1.3. Biopharmaceuticals

9.1.3.1. Market Revenue and Forecast (2017-2030)

9.1.4. Vaccine Production

9.1.4.1. Market Revenue and Forecast (2017-2030)

9.1.5. Others

9.1.5.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Cell Culture Market, By End User 

10.1. Cell Culture Market, by End User, 2022-2030

10.1.1. Pharmaceutical & Biotechnology Companies

10.1.1.1. Market Revenue and Forecast (2017-2030)

10.1.2. Hospitals & Diagnostic Laboratories

10.1.2.1. Market Revenue and Forecast (2017-2030)

10.1.3. Research & Academic Institutes

10.1.3.1. Market Revenue and Forecast (2017-2030)

10.1.4. Others

10.1.4.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Cell Culture Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Product (2017-2030)

11.1.2. Market Revenue and Forecast, by Application (2017-2030)

11.1.3. Market Revenue and Forecast, by End User (2017-2030)

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Product (2017-2030)

11.1.4.2. Market Revenue and Forecast, by Application (2017-2030)

11.1.4.3. Market Revenue and Forecast, by End User (2017-2030)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Product (2017-2030)

11.1.5.2. Market Revenue and Forecast, by Application (2017-2030)

11.1.5.3. Market Revenue and Forecast, by End User (2017-2030)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Product (2017-2030)

11.2.2. Market Revenue and Forecast, by Application (2017-2030)

11.2.3. Market Revenue and Forecast, by End User (2017-2030)

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Product (2017-2030)

11.2.4.2. Market Revenue and Forecast, by Application (2017-2030)

11.2.4.3. Market Revenue and Forecast, by End User (2017-2030)

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Product (2017-2030)

11.2.5.2. Market Revenue and Forecast, by Application (2017-2030)

11.2.5.3. Market Revenue and Forecast, by End User (2017-2030)

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Product (2017-2030)

11.2.6.2. Market Revenue and Forecast, by Application (2017-2030)

11.2.6.3. Market Revenue and Forecast, by End User (2017-2030)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Product (2017-2030)

11.2.7.2. Market Revenue and Forecast, by Application (2017-2030)

11.2.7.3. Market Revenue and Forecast, by End User (2017-2030)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Product (2017-2030)

11.3.2. Market Revenue and Forecast, by Application (2017-2030)

11.3.3. Market Revenue and Forecast, by End User (2017-2030)

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Product (2017-2030)

11.3.4.2. Market Revenue and Forecast, by Application (2017-2030)

11.3.4.3. Market Revenue and Forecast, by End User (2017-2030)

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Product (2017-2030)

11.3.5.2. Market Revenue and Forecast, by Application (2017-2030)

11.3.5.3. Market Revenue and Forecast, by End User (2017-2030)

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Product (2017-2030)

11.3.6.2. Market Revenue and Forecast, by Application (2017-2030)

11.3.6.3. Market Revenue and Forecast, by End User (2017-2030)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Product (2017-2030)

11.3.7.2. Market Revenue and Forecast, by Application (2017-2030)

11.3.7.3. Market Revenue and Forecast, by End User (2017-2030)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Product (2017-2030)

11.4.2. Market Revenue and Forecast, by Application (2017-2030)

11.4.3. Market Revenue and Forecast, by End User (2017-2030)

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Product (2017-2030)

11.4.4.2. Market Revenue and Forecast, by Application (2017-2030)

11.4.4.3. Market Revenue and Forecast, by End User (2017-2030)

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Product (2017-2030)

11.4.5.2. Market Revenue and Forecast, by Application (2017-2030)

11.4.5.3. Market Revenue and Forecast, by End User (2017-2030)

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Product (2017-2030)

11.4.6.2. Market Revenue and Forecast, by Application (2017-2030)

11.4.6.3. Market Revenue and Forecast, by End User (2017-2030)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Product (2017-2030)

11.4.7.2. Market Revenue and Forecast, by Application (2017-2030)

11.4.7.3. Market Revenue and Forecast, by End User (2017-2030)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Product (2017-2030)

11.5.2. Market Revenue and Forecast, by Application (2017-2030)

11.5.3. Market Revenue and Forecast, by End User (2017-2030)

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Product (2017-2030)

11.5.4.2. Market Revenue and Forecast, by Application (2017-2030)

11.5.4.3. Market Revenue and Forecast, by End User (2017-2030)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Product (2017-2030)

11.5.5.2. Market Revenue and Forecast, by Application (2017-2030)

11.5.5.3. Market Revenue and Forecast, by End User (2017-2030)

Chapter 12. Company Profiles

12.1. Corning Incorporated

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Corning Incorporated

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Sartorius AG

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. BioSpherix, Ltd.

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Cell Culture Company, LLC

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Thermo Fisher Scientific Inc.

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. VWR International LLC

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Lonza

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Lonza

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. FUJIFILM Irvine Scientific, Inc.

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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