What Is The Current and Historic Market Size Analysis Of The Cell Culture Media Storage Containers Market?
The cell culture media storage containers market has seen considerable growth due to a variety of factors.
• The cell culture media storage containers market has grown rapidly in recent years. It is expected to increase from $2.51 billion in 2024 to $2.9 billion in 2025, with a compound annual growth rate (CAGR) of 15.6%.
The historical growth can be attributed to the rise in life sciences research, growing demand for cell-based therapies, personalized medicine, expansion of the biotechnology sector, and growth in the biopharmaceutical industry.
What Are The Predictions for The Cell Culture Media Storage Containers Market in the Coming Years?
The cell culture media storage containers market is expected to maintain its strong growth trajectory in upcoming years.
• The cell culture media storage containers market is expected to grow to $5.11 billion by 2029 at a CAGR of 15.2%.
Growth is attributed to expanding regenerative medicine applications, cell therapy technologies, 3D cell culture demand, automated processes, and increasing cell-based assays. Trends include single-use systems, eco-friendly packaging, smart technology integration, customizable designs, and focus on traceability and quality assurance.
Which Drivers Are Accelerating Growth In The Cell Culture Media Storage Containers Market?
The rising focus on personalized medicine is expected to drive the growth of the cell culture media storage containers market. Personalized medicine tailors treatments to individual patients' needs, driven by advancements in genomics and precision healthcare. Cell culture media storage containers are essential in maintaining cell cultures for the production of personalized therapies. For instance, in February 2024, the Personalized Medicine Coalition reported that the U.S. Food and Drug Administration approved 16 new personalized treatments for rare diseases in 2023, up from 6 in 2022. The growing focus on personalized medicine will spur the demand for this market.
What Are The Core Segments Of The Global Cell Culture Media Storage Containers Market?
The cell culture media storage containers market covered in this report is segmented –
1) By Product: Storage Bag, Storage Bottle, Storage Bin And Drum, Other Products
2) By Application: Biopharmaceutical Production, Tissue Engineering, Diagnostic, Regenerative Medicine
3) By End Use: Pharmaceutical And Biotechnology Companies, Contract Research Organizations And Contract Manufacturing Organizations, Academic And Research Institutes
Subsegments:
1) By Storage Bag: Single-Use Storage Bags, Biopharmaceutical Storage Bags, Sterile Storage Bags
2) By Storage Bottle: Polycarbonate Storage Bottles, Plastic Storage Bottles, Glass Storage Bottles
3) By Storage Bin And Drum: Plastic Storage Bins, Metal Storage Drums, Food-Grade Storage Bins
4) By Other Products: Cryogenic Storage Containers, Vials And Tubes, Storage Carboys
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What New Trends Are Influencing The Cell Culture Media Storage Containers Market?
Companies in the cell culture media storage containers market are developing innovative products like single-use bioprocess containers to support biopharmaceutical fluid management. Single-use bioprocess containers are used to store and transport biological materials during various stages of bioprocessing. For instance, in October 2022, Single Use Support GmbH, an Austria-based company, launched the IRIS single-use bioprocess containers, designed for robust storage and shipping of biopharmaceutical substances, with customization options to meet specific customer needs.
Who Are the Key Players In The Cell Culture Media Storage Containers Market?
Major companies operating in the cell culture media storage containers market are:
• Merck KGaA
• Thermo Fisher Scientific Inc.
• FUJIFILM Holdings Corporation
• Becton Dickinson and Company
• Corning Incorporated
• Medline Industries Inc.
• Avantor Inc.
• Danaher Life Sciences LLC
• Lonza Group AG
• Sartorius AG
• Bio-Rad Laboratories Inc.
• Eppendorf AG
• STEMCELL Technologies Inc.
• Greiner Bio-One International GmbH
• Hamilton Company
• SARSTEDT AG & Co KG
• Cole-Parmer Instrument Company LLC
• BioLife Solutions Inc.
• DWK Life Sciences
• MP Biomedicals LLC
• HiMedia Laboratories Pvt Ltd.
• OriGen Biomedical Inc.
• ThermoGenesis Holdings Inc.
• CELLTREAT Scientific Products
• TPP Techno Plastic Products AG
What Are The Regional Insights Into The Cell Culture Media Storage Containers Market?
North America was the largest region in the cell culture media storage containers market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cell culture media storage containers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
