The global cell culture market registered significant growth during the last decade and is expected to expand further in the years to come. The demand for biopharmaceuticals and artificial organs has propelled the global cell culture market in the recent past. Apart from this, the increasing use of cell culture models in medicine discoveries is predicted to create new growth opportunities in the global cell culture market in the coming few years.
Increasing Usage to Study Cellular Structures Driving Cell Culture Market
The global cell culture market was valued at US$6.1 bn in 2013 and is expected to reach US$11.3 bn by 2022, progressing at a 7.10% CAGR during the period between 2014 and 2022. Factors such as technical advancements in the operation of numerous cell culture instruments and the increasing applications of cell culture media to study cellular structures, stem cell research, and genetic engineering are predicted to propel the global cell culture market in the years to come.
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Cell culture is a procedure by which prokaryotic or eukaryotic cells are grown outside their natural environment, under artificial lab conditions. Cell culture is primarily used in cellular and molecular biology to examine the biochemistry and physiology of cells, the effects of drugs and biomolecules on cells, and for mutagenesis studies.
The global cell culture market is divided into the market for cell culture instruments and the market for cell culture consumables. Some of the key products in the global cell culture consumables market are reagents, media, and sera. The media segment is further segmented into chemically defined media, classical media, specialty media, lysogeny broth, protein-free media, and serum-free media. The sera segment is further segmented into fetal bovine serum and others. The reagents segment includes key products such as albumin, amino acids, cytokines, and thrombin.
Some of the key segments of the global cell culture instruments market are incubators, pipetting instruments, roller bottle equipment, culture systems, cryostorage equipment, and biosafety cabinets.
Asia Pacific to Register Maximum Demand for Cell Culture Techniques
Based on geography, the global cell culture market is divided into Asia Pacific, North America, Europe, and Rest of the World. In 2013, North America led the global cell culture market; however, the Asia Pacific cell culture market is expected to register the fastest growth in the years to come. The improvements in the economies of developing countries are predicted to propel the Asia Pacific cell culture market in the next few years.
Restrictions Over Use of Animal Sources to Hamper Global Cell Culture Market
The global cell culture market is predicted to face certain challenges due to the stringent ethical concerns over the use of animal sources. The growing need to have advanced production capacities in place to meet the changing standards set by governing bodies is predicted to further hamper the growth of the global cell culture market in the next few years.
Some of the prominent companies operating in the global cell culture market are Thermo Fisher Scientific Inc., Lonza Group Ltd., Becton, EMD Millipore, PromoCell GmbH, Wheaton Industries Inc., VWR International LLC, GE Healthcare, Dickinson & Co., Corning Life Sciences B.V., and Sigma-Aldrich Co. LLC.