Healthcare Medical Devices Biotechnology

Cell Culture Market

Global Industry Analysis and Forecast 2023-2030

Pages : 120

Base Year : 2022

Released Year : January 2024

Format :Pdf Ppt Xls

Report ID:KR405

Author : Omkar R.

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Base Year

2022

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Forecast Year

2023-2030

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Historical Years

2018-2021

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Market Value (2022)

USD 26.96 Billion

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Forecasted Value (2030)

USD 60.03 Billion

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CAGR (2023 - 2030)

10.59%

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Fastest Growing Region (2023 - 2030

Asia Pacific

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Largest Region

North America

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By Product Type

Consumables, Instruments & Accessories.

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By Cell Type

Mammalian Cells, Microbial Cells, Insect Cells, Stem Cells, Primary Cells.

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By Application

Cancer Research, Vaccine Production, Drug Development and Screening, Biopharmaceutical Production, Stem Cell Research, Tissue Engineering and Regenerative Medicine

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By End User

Biopharmaceutical Companies, Research Institutes and Academia, Hospitals and Diagnostic Centers.


Market Perspective

The global Cell Culture Market was valued at USD 26.96 billion in 2022 and is projected to reach USD 60.03 billion by 2030, growing at a CAGR of 10.59% from 2023 to 2030.

The cell culture market is currently witnessing a dynamic and promising landscape, with notable advancements in bioprocessing technology playing a pivotal role. Continuous improvements in bioprocessing techniques, which include the integration of perfusion systems and the utilization of single-use bioreactors, have emerged as key drivers of growth in the industry. These technological innovations are revolutionizing the efficiency and scalability of cell culture processes, offering researchers and biopharmaceutical companies greater flexibility and enhanced productivity.

The growing adoption of perfusion systems enables the continuous supply of nutrients and removal of waste, leading to higher yields and reduced production costs. Meanwhile, single-use bioreactors provide cost-effective, scalable solutions that reduce the risk of contamination and significantly streamline the manufacturing process. These advancements are not only propelling the market forward but also holding the promise of breakthroughs in the production of biopharmaceuticals and cell-based therapies.

Analyst’s Review on Cell Culture Market

The cell culture market is increasingly focused on regenerative medicine and cell-based therapies, which has led to groundbreaking innovations. Precision medicine is also gaining traction, resulting in patient-specific cell cultures and tailored treatments. The use of 3D cell culture models is revolutionizing in vitro experimentation by creating a more physiologically relevant environment, thereby advancing drug development and disease modeling.

Additionally, the integration of artificial intelligence and machine learning is set to transform data analysis and process optimization, improving research outcomes. Ongoing advancements in bioprocessing technology, such as perfusion systems and single-use bioreactors, are expected to fuel remarkable growth in the cell culture market. This will offer unprecedented efficiency and scalability to researchers and biopharmaceutical companies, with the potential to transform the healthcare and biotechnology sectors.

Market Definition

Cell culture is a fundamental technique in biology and biotechnology, involving the growth and maintenance of cells outside their natural environment. Cells derived from animals, plants, or microorganisms are cultivated in a controlled, artificial environment with the right conditions for their growth and proliferation. Cell cultures are used for various purposes, such as basic research, drug development, vaccine production, and regenerative medicine. They provide valuable insights into cell behavior, disease mechanisms, and the effectiveness of pharmaceuticals and therapies.

In the cell culture market, important regulations have been put in place to ensure the safety, quality, and ethical use of cell-based products and technologies. These regulations differ by region but often include guidelines on Good Manufacturing Practices (GMP) to ensure consistent products, traceability, and contamination control.

Furthermore, ethical considerations are crucial, particularly when working with human and animal cell cultures. Many countries have established oversight bodies and ethical review boards to address issues such as informed consent, privacy, and the welfare of research subjects or animals involved in cell culture studies.

Regulatory agencies such as the U.S. Food and Drug Administration (FDA) and the European Medicines Agency (EMA) are responsible for supervising the approval and commercialization of cell-based therapies and biopharmaceutical products, ensuring their safety and efficacy. Compliance with these regulations is vital to build trust and drive progress in the cell culture market.

Market Dynamics

The cell culture market is experiencing significant growth due to the increasing focus on regenerative medicine. There is a growing interest in utilizing cell-based therapies to treat various debilitating diseases, which is driving the demand for specialized cell culture techniques. Regenerative medicine aims to repair, replace, or regenerate damaged tissues and organs, heavily relying on cell culture to produce the necessary cells in large quantities. As this field gains momentum, there is a rising need for advanced methodologies and technologies that can support the isolation, expansion, and manipulation of different cell types, including stem cells.

Regulatory compliance and quality control challenges are significant restraints in the cell culture market. In the highly regulated biopharmaceutical and biotechnology industries, adherence to strict guidelines and standards is paramount to ensure the safety, efficacy, and reproducibility of cell culture processes and products. Meeting these regulations can be arduous and costly, often requiring substantial investments in infrastructure, documentation, and staff training. Failure to comply can result in regulatory sanctions, product recalls, and reputational damage.

Advancements in stem cell research present a significant market opportunity within the field of cell culture. Stem cells possess the remarkable ability to transform into different cell types, making them invaluable in applications such as regenerative medicine, disease modeling, and drug development. The continuous progress in stem cell research paves the way for innovative cell culture technologies and products that support the isolation, expansion, and manipulation of stem cells. This creates a thriving market for specialized culture media, reagents, and bioprocessing techniques that cater to the unique needs of stem cell-based applications.

Segmentation Analysis

The global cell culture market is segmented based on product type, cell type, application, end-user, and geography.

Based on product type, the market is bifurcated into consumables and instruments & accessories. The instruments & accessories segment generated the highest revenue of USD 21.18 billion in 2022. This underscores the significance of equipment and supplementary components that are essential for cell culture processes, including bioreactors, centrifuges, and incubators. The strong growth of this segment reflects the increasing demand for advanced technologies and tools that facilitate cell culture techniques, ensuring optimal conditions for cell growth and research applications.

Based on cell type, the market is divided into mammalian cells, microbial cells, insect cells, stem cells, and primary cells. In 2022, the microbial cells segment led the cell culture market with a 44.34% revenue share due to their pivotal role in biopharmaceuticals, vaccines, and industrial processes. The versatility and cost-effectiveness of microbial cell cultures have made them a preferred choice, driving demand for related technologies and contributing to their dominant market position.

By application, the market is divided into cancer research, vaccine production, drug development and screening, biopharmaceutical production, stem cell research, and tissue engineering and regenerative medicine. The drug development and screening segment is poised for substantial growth with a high CAGR of 13.50% between 2023 and 2030. This surge is primarily driven by the increasing emphasis on pharmaceutical research and the use of cell culture in early-stage drug development, leading to a strong demand for associated products and technologies.

Geographical Analysis

Based on region, the global cell culture market is classified into North America, Europe, Asia Pacific, MEA, and Latin America.

In 2022, North America emerged as the leading market for cell culture with the largest market share of 33.52%. This strong presence can be attributed to several factors such as the region boasting well-established pharmaceutical and biotechnology industries, which provide a solid foundation for the growth of the regional cell culture market. There is a strong emphasis on research and development in the region, driving innovation and advancing the field. Additionally, North America benefits from a robust healthcare infrastructure and significant investment in the sector. The region's favorable regulatory frameworks, skilled workforce, and access to advanced technologies have further played crucial roles in its market leadership.

Asia Pacific is set to exhibit impressive growth over the forecast period, with a projected CAGR of 14.73%. This growth is majorly fueled by several factors, including the region's increasing investment in healthcare and biotechnology, a rising emphasis on research and development, and a burgeoning pharmaceutical and biopharmaceutical sector. Additionally, the availability of a vast and skilled workforce, combined with a growing interest in cell culture technologies and applications, positions Asia Pacific as a major region in the global cell culture market, driving its impressive growth trajectory.

Competitive Landscape

The global cell culture market report will provide valuable insight with an emphasis on the fragmented nature of the industry. Prominent players are focusing on several key business strategies such as partnerships, mergers and acquisitions, product innovations, and joint ventures to expand their product portfolio and increase their market shares across different regions. Expansion & investments are the major strategic initiatives. Industry players are investing extensively in R&D activities, building new manufacturing facilities, and supply chain optimization. The major manufacturers in the market are:

  • Thermo Fisher Scientific, Inc.
  • Merck KGaA
  • Becton, Dickinson and Company (BD)
  • Lonza Group AG
  • GE Healthcare
  • Sartorius AG
  • Corning Incorporated
  • Promega Corporation
  • Eppendorf AG
  • Fujifilm Holdings Corporation

Key Developments

  • September 2023 (Partnership): Cell Culture Collective Inc. announced a partnership with Defined Bioscience Inc. to distribute serum-free stem cell culture products. This collaboration aimed to provide researchers and laboratories with high-quality, serum-free culture solutions, supporting the growing demand for stem cell research. The partnership leveraged Defined Bioscience's expertise in developing innovative culture products and Cell Culture Collective's distribution network, offering researchers improved access to essential tools for their stem cell studies.
  • March 2022 (Partnership): TurtleTree Scientific and JSBioSciences entered into a strategic partnership for the development of cell culture media and contract manufacturing services. The collaboration aimed to advance the production of sustainable and high-quality cell culture media for biopharmaceutical and cell therapy applications.

The global Cell Culture Market is segmented as:

By Product Type

  • Consumables
  • Instruments & Accessories

By Cell Type

  • Mammalian Cells
  • Microbial Cells
  • Insect Cells
  • Stem Cells
  • Primary Cells

By Application

  • Cancer Research
  • Vaccine Production
  • Drug Development and Screening
  • Biopharmaceutical Production
  • Stem Cell Research
  • Tissue Engineering and Regenerative Medicine

By End User

  • Biopharmaceutical Companies
  • Research Institutes and Academia
  • Hospitals and Diagnostic Centers

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • U.K.
    • Spain
    • Germany
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia Pacific
  • The Middle East & Africa
    • GCC
    • North Africa
    • South Africa
    • Rest of the Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America.
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Frequently Asked Questions (FAQ's)
The global thermal management market is projected to reach USD 60.03 billion by 2030, growing at a CAGR of 10.59% from 2023 to 2030.
The global thermal management market was valued at USD 26.96 billion in 2022.
The increasing demand for personalized medicine and the continuous advancements in bioprocessing technology are driving growth in the cell culture market.
Top manufacturers of thermal management market are Thermo Fisher Scientific, Inc., Merck KGaA, Becton, Dickinson and Company (BD), Lonza Group AG, GE Healthcare, Sartorius AG, Corning Incorporated, Promega Corporation, Eppendorf AG, Fujifilm Holdings Corporation, and others.
Asia-Pacific is the fastest growing region with the CAGR of 14.73% in the forecasted period (2023-2030) with the market value forecasted to reach at USD 18.34 billion.
By product type, instruments & accessories segment will hold the maximum share in the thermal management market with the revenue value of USD 47.96 billion in 2030.
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