Global Cell Culture Consumables And Equipment Market Analysis 2024, Forecast To 2033
9 Jan, 2024
The cell culture market has experienced rapid growth, surging from $25.14 billion in 2023 to $28.16 billion in 2024, presenting a CAGR of 12.0%. Historical growth aligns with demand for biopharmaceutical research and the rise in regenerative medicine. Future growth, expected at $40.3 billion in 2028, will be fueled by infectious disease research, biologics demand, and advanced therapies.
Global Cell Culture Consumables And Equipment Market Key Driver
The cell culture consumables and equipment market is witnessing growth fueled by the rising prevalence of chronic diseases. Conditions like cancer, diabetes, heart diseases, obesity, and hypertension are on the upswing, often involving cell damage or loss. Cell culture consumables and equipment play a vital role in generating new cells outside the natural environment, meeting the demand for treating chronic diseases. With chronic diseases causing 74% of global deaths (41 million annually, as per the World Health Organization), the market is poised for expansion.
Get A Free Sample Of The Global Cell Culture Consumables And Equipment Market ReportGlobal Cell Culture Consumables And Equipment Market Segments
The cell culture consumables and equipment market covered in this report is segmented –
1) By Product: Consumables, Instruments
3) By Application: Vaccination, Toxicity testing, Cancer Research, Drug Screening and Development, Recombinant Products, Stem cell technology, Regenerative Medicine, Other End Users
2) By End User: Industrial, Biotechnology, Agriculture, Other End Users
By Geography: The regions covered in the cell culture consumables and equipment market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions
North America was the largest region in the cell culture consumables and equipment market in 2023. Western Europe was the second-largest region in the global cell culture consumables and equipment market share. The regions covered in the cell culture consumables and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Major Cell Culture Consumables And Equipment Industry Players
Becton Dickinson and Company, Corning Inc., Danaher Corporation, Eppendorf AG, HiMedia Laboratories Private Limited, Lonza Group AG, Merck KGAA, Promocell GmbH, Sartorius AG, Thermo Fisher Scientific Inc., Irvine Scientific Sales Company Inc., CellGenix GmbH, InVitria Inc., Cytiva, Bio-Techne Corporation, GenScript Biotech Corporation, Gedeon Richter Plc., Hetero Drugs Limited, Intas Pharmaceuticals Ltd., LG Chem Ltd., Lupin Limited, Bio-Rad Laboratories Inc., Illumina Inc., Qiagen NV, F. Hoffmann-La Roche Ltd, Norgen Biotek Corporation, Tecan Group Ltd.
Get The Full Global Cell Culture Consumables And Equipment Market ReportCell Culture Consumables And Equipment Market Overview
Cell culture consumables and equipment are designed to aid scientists in growing new cells in the culture media for drug development, tissue culture, engineering, gene therapy, vaccine production, and toxicity testing.
Cell Culture Consumables And Equipment Global Market Report 2023 provides data on the global cell culture consumables and equipment market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The cell culture consumables and equipment market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.