Market Reports Center has added a new research
report on the Cell Culture Market to their repository. According to this
professional study based report, the global cell culture market was
valued at US$ 12,251.3 million in 2015 and is projected to expand at a CAGR of
7.1% during the forecast period (2016–2024), as highlighted in a new report
available at Market Reports Center. The last century has witnessed a steep rise
in number of deadly viruses that cause various diseases. Rise in number of
virus infections is expected to propel the cell culture market in the near
future. According to W.H.O, in 2015, prevalence of human immunodeficiency virus
(HIV) infection in the U.S. is estimated to be 0.32%, which inadvertently fuels
growth of the cell culture market.
Cell culture is an important tool
used in the field of molecular biology that offers excellent model systems for
studying and analyzing normal physiology and biochemistry of cells.
Furthermore, cell culture technique is used in drug screening and development
and manufacturing of various biological compounds such as vaccines and
therapeutic proteins. Rise in demand for animal and human vaccines is projected
to support the cell culture market over the forecast period. High-income
countries are characterized by high demand for vaccines in terms of value as
compared to low-income countries, as the healthcare standards and awareness
about the vaccinations is more in the former. According to WHO, in 2015,
high-income countries contributed around 80% of global vaccine sales in terms
of value, while accounting for under 20% sales volume. Conversely, around 20%
of the global vaccines sales is from the low and middle-income countries
contributing to the 80% of the volume of the total vaccines sold. Certain
non-profit organizations such as UNICEF and PAHO have high power for low-income
countries and middle-income countries. According to WHO, in 2011, the estimated
purchase by such groups was around US$ 1.4 billion, which accounted for 7% of
the total sales globally.
Report has 45 market tables and 30 figures
spread across 180 pages know more at https://marketreportscenter.com/reports/511210/global-cell-culture-market-trends-analysis-and-forecast-till-2024
Product from cell culture are to
be utilized as a biomarker for serious conditions such as cancer and also for
clinical and diagnostic purpose in various other disease. Centrifugation
technique is used for isolation of exosome, which is present in almost every
fluid in humans. Companies are focusing on development of new methods for
betterment of future healthcare. The implication of exosomes may be in various
disorders such as cardiovascular disorder, Alzheimer’s, Parkinson’s and HIV.
According to the latest updates in 2017 by International Labmate Limited, the
Beckman Coulter’s life sciences division is involved in exosomes isolation
process, which concluded that exosomes work under cell-to-cell communication
process that is critical for homeostasis. They are further being studied and
analyzed for their therapeutic efficiencies under nano delivery device to
affected cells. Although the cell culture field consists of various products,
their properties can be utilized to clinically treat and diagnose various
abnormalities in humans and animals. Companies are inclined towards providing
specific products to the customers. For instance, Becton Dickinson (BD) offers
customized products and services for characterization of cells and defined
environment for cell culture to the customers involved in drug discovery, and
cell biology. BD’s custom products and services offers with dependable,
reproducible tools. Such tools are able to reduce risks related to technology
and finances, which in turn is expected to improve the research quality and
operational benefits.
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Increasing research on
personalized therapies and stem cells is driving growth of the market for cell
culture. Also, growing organ transplantation and biobanking of cells tissues
and organs is driving growth of the market for cell culture instruments and
consumables. According to the Global Observatory on Donation and
Transplantation (GODT), around 119,873 organs were transplanted worldwide in
2014 (1.81% increase over 2013). The demand-supply gap of organ transplantation
is a major problem faced globally. In the U.S. alone, nearly 118,652 patients
are waiting for organ transplant (U.S. Department of Health & Human
Service, 2017). Using cell culture technique to differentiate cells of liver,
heart and nervous system would aid in the treatment of millions of such
patients globally. Further, advent of 3D cell culture technique has enabled
researchers to understand the body physiology and biological systems much
better. Moreover, the spheroid formation and scaffold-based techniques are driving
demand for 3D cell culture products.
Key takeaways of the market:
• The global cell culture market
is expected to expand at a CAGR of 7.1% during the forecast period (2016–2024).
The increase in number of cancer patients globally is expected to favor the
market for cell culture in the near future. According to, Surveillance Research
Program, in NCI's Division of Cancer Control and Population Sciences, based on
data available between 2009 and 2013, number of new cases of cancer of any site
was 448.7 per 100,000 per year.
• The instrument product type
segment in the global cell culture market was estimated to be the largest in
2015 and is expected to dominate the market throughout the forecast period in
terms of value. Rise in number adoption for vaccination worldwide in lower and
middle-income countries in terms of volume. According to W.H.O, in 2016, around
19.4 million infants are still deprived of necessary vaccinations.
• The cancer research application
segment is expected to expand at a CAGR of 8.0% during the forecast period.
This is expected to support the market on the backdrop of increase in global
biopharmaceutical market due to the cost-effectiveness and high efficacy of the
products.
• The global cell culture market
is characterized by rise in focus on biopharmaceutical and other biological
products. For instance, according to McKinsey & Company, in 2015,
biopharmaceuticals contributes to around 20%, which is around US$163 billion of
the total pharma market. This is expected to increase and to support the cell
culture market.
• Some of the major players are
Becton, Dickinson and Company, EMD Millipore, Sartorius AG, Merck KGAA,
Biospherix, Sigma-Aldrich Corporation, Biovest International Inc. Cell Culture
Company, LLC.
This report segments the global
cell culture market on the basis of products, applications, end user, and
geography. On the basis of product type, the market is segmented into
consumables and instruments. The consumables market is categorized into media,
sera, and reagents. The instruments market is categorized into culture systems,
incubators, pipette, roller bottles, cryostorage equipment and biosafety
cabinets. The end users segment comprises academic and research institutes and
commercial pharma and biotech product manufacturers. For comprehensive
understanding of market dynamics, the global cell culture market is analyzed
across key geographical regions namely North America, Europe, Asia Pacific,
Latin America, Africa, and Middle East. Each of these regions is analyzed on basis
of market findings across major countries in these regions for a macro-level
understanding of the market.
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Related Reports;
Stem Cell Therapies - Global Trends in the Competitive, Technological
and R&D Landscape
Global Cell Culture Media Market by Manufacturers, Regions, Type and
Application, Forecast to 2021
Global Cell Culture Media Market Research Report 2016 – 2020
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