The cell culture market involves various consumables, equipment, and services used for the cultivation of cells isolated from multicellular organisms. Cell culture finds widespread adoption in bioprocessing and biopharmaceutical applications for the production of biopharmaceuticals, conducting toxicity testing, vaccine production, and stem cell therapy. Cells are capable of growing in suspension as single cells or anchorage-dependent cells growing as a monolayer attached to a flat surface. Key advantages of cell culture include enabling the controlled cultivation of live human or animal cells outside their natural environment for scientific experimentation purposes. The extensive usage of cell culture in drug development and testing processes has significantly accelerated research activities related to developing novel biologics, vaccines, and stem cell therapy.
The Global cell culture market is estimated to be valued at US$ 22.56 BN in 2024 and is expected to exhibit a CAGR of 11% over the forecast period from 2024 to 2031.
Key Takeaways
Key players operating in the cell culture market are Merck KGaA, Sartorius AG, BioSpherix, Ltd., Cell Culture Company, LLC, Thermo Fisher Scientific Inc., Danaher Corporation, Becton, Dickson and Company, Evonik, Promocell GmbH, Hi-Media Laboratories, Sekisui XenoTech LLC, Lonza Group, Agilent Technologies Inc., Cytiva, 300MICRONS GmbH, PL BioScience GmbH, and denovoMATRIX GmbH.
The cell culture market offers lucrative opportunities for key players owing to growing adoption in bioprocessing applications. Technological advancements in continuous bioprocessing have accelerated the large-scale production of biopharmaceuticals. Emerging economies are witnessing increasing translational research activities and clinical trial volumes, which is auguring well for the cell culture market.
Key players are expanding their geographic presence across emerging markets to leverage the high growth potential and take advantage of substantial funding opportunities for cell-based research. North America dominated the cell culture market due to the presence of major players and established biopharmaceutical industry. However, Asia Pacific is expected to offer high growth opportunities owing to growing R&D investments, increasing research infrastructure, and rising penetration of cell-based therapies.
Market Drivers
The key drivers favoring the Cell Culture Market Size include extensive usage of cell culture in bioprocessing applications for the production of biologics, media, reagents, and consumables. Continuous innovations in cell culture technologies such as microcarrier-based cultures, perfusion cultures, and 3D cell culture have optimized large-scale manufacturing processes. Growing applications of cell culture in pharmaceutical and biotechnology industries for developing personalized medicine, recombinant proteins, and conducting toxicity testing and drug discovery studies are augmenting the market potential. Increasing stem cell therapies for conditions such as diabetes, cancer, and cardiovascular disease also favor the cell culture industry.
PEST Analysis
Political: cell culture market is influenced by regulations set by FDA and EMA regarding approval of new techniques and applications. Strict laws ensure safety and efficacy of cell culture products.
Economic: increasing R&D investment in healthcare globally drives demand for cell culture products. Growing bioprocessing industry for manufacturing biopharmaceuticals also contributes to market growth.
Social: rising incidence of chronic diseases and awareness about advanced treatment options increases adoption of cell-based therapies dependent on cell culture technology. Favorable reimbursement policies support the social demand.
Technological: continuous technological advancement allows development of improved cell lines, media formulations and bioreactors for more efficient production. Automation of cell culture processes helps reduce production costs. Adoption of single-use bioprocessing systems also contributes.
Geographical regions where market in terms of value is concentrated:
North America dominates the cell culture market owing to strong healthcare infrastructure, high healthcare spending, presence of leading players and active R&D in the region. Majority of cell culture product manufacturing also takes place in the US and Canada.
The fastest growing region for the cell culture market is Asia Pacific due to increasing healthcare investments, expanding biopharmaceutical industry and rising medical tourism in countries like China and India. Growing patient pools, presence of contract manufacturing organizations and favorable business environments also support market growth in the Asia Pacific region.
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Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc. (https://www.linkedin.com/in/money-singh-590844163).