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The cell culture consumables and equipment global market consists of sales of cell culture consumables, equipment and related service. Cell culture consumables include sera, media, reagents, and equipment such as bioreactors, cell counters, filtration systems, centrifuges, and incubators. The services includes only installation and maintenance services offered by equipment manufacturers. Cell culture consumables and equipment are designed to aid scientist in growing new cells in the culture media for drug development, tissue culture, and engineering, gene therapy, vaccine production and toxicity testing.
Global Cell Culture Consumables And Equipment Market Size And Drivers:
The global cell culture consumables and equipment market is expected to grow from $8.55 billion in 2020 to $9.46 billion in 2021 at a compound annual growth rate (CAGR) of 10.6%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The cell culture consumables and equipment global market is expected to reach $13.49 billion in 2025 at a CAGR of 9.3%. Increase in prevalence of chronic diseases is driving the growth of cell culture consumables and equipment market.
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Trends In The Global Cell Culture Consumables And Equipment Market
Companies in cell culture consumables and equipment are investing more in 3D cell culture for its new and advantageous features. 3D cell culture may be defined as the culture of living cells within micro-assembled devices and supports that present a three-dimensional structure and are used to replicate a tissue or an organ in an artificial environment by allowing the cells to interact with the surroundings in all three directions. 3D cell cultures are more relevant with higher degree of structural complexity and maintains the steady state for more time as compared to 2D cell cultures. Visikol launched OpenLiver 3D cell culture models in January 2019 to enter into 3D cell culture technology.
Global Cell Culture Consumables And Equipment Market Segments:
The global cell culture consumables and equipment market is further segmented –
By Product: Consumables, Instruments
By End User: Industrial, Biotechnology, Agriculture, Others
By Application: Vaccination, Toxicity Testing, Cancer Research, Drug Screening and Development, Recombinant Products, Stem Cell Technology, Regenerative Medicine, Others
By Consumables: Media, Sera, Reagents
By Instruments: Cell Culture Vessels, Bioreactors, Biosafety Cabinets, Carbon Dioxide Incubators, Centrifuges
By Geography: The global cell culture market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Read More On The Report For The Global Cell Culture Consumables And Equipment Market At:
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Cell Culture Consumables And Equipment Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides cell culture consumables and equipment market overviews, analyzes and forecasts market size and growth for the global cell culture consumables and equipment market, cell culture consumables and equipment market share, cell culture consumables and equipment market players, cell culture consumables and equipment market segments and geographies, cell culture consumables and equipment market’s leading competitors’ revenues, profiles and market shares. The cell culture consumables and equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
