The Cell Culture Consumables And Equipment Global Market Report 2023 by The Business Research Company, provides cell culture consumables and equipment market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-yearforecast period – 2023-2032.
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According to The Business Research Company’s Cell Culture Consumables And Equipment Global Market Report 2023, the market grew from $10.99 billion in 2022 to $12.12 billion in 2023 at a compound annual growth rate (CAGR) of 10.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the cell culture consumables and equipment is expected to grow from $17.98 billion in 2027 at a CAGR of 10.4%.
An increase in the prevalence of chronic diseases is driving the growth of the cell culture consumables and equipment market. Chronic diseases such as cancer, diabetes, heart diseases, obesity, and hypertension are growing rapidly. A few chronic diseases are caused due to loss or damage of certain types of cells. Such diseases can be cured by replacing the destroyed cells with new ones that are produced by pluripotent stem cells, using cell culture consumables and equipment. So, with the rising incidence of chronic diseases, there is an increased need for such equipment that can produce new cells outside the natural environment, thus driving the growth of this market.
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The cell culture consumables and equipment market is segmented:
1) By Product: Consumables, Instruments
2) By End User: Industrial, Biotechnology, Agriculture, Other End Users
3) By Application: Vaccination, Toxicity testing, Cancer Research, Drug Screening and Development, Recombinant Products, Stem cell technology, Regenerative Medicine, Other End Users
4) By Consumables: Media, Sera, Reagents
5) By Instruments: Cell Culture Vessels, Bioreactors, Biosafety Cabinets, Carbon Dioxide Incubators, Centrifuges
Top Major Players:
Becton Dickinson
Corning Incorporation
Eppendorf
GE Healthcare
Merck KGaA
North America was the largest region in the cell culture consumables and equipment market in 2022.
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 a higher degree of structural complexity and maintain the steady-state for more time as compared to 2D cell cultures. In August 2021, Amerigo Scientific, a US-based manufacturer of biomedical and life sciences products, launched #D cell cultures for research purposes.
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The cell culture consumables and equipment market report table of contents includes:
1. Executive Summary
2. Cell Culture Consumables And Equipment Market Characteristics
3. Cell Culture Consumables And Equipment Market Trends And Strategies
4. Cell Culture Consumables And Equipment Market – Macro Economic Scenario
5. Cell Culture Consumables And Equipment Market Size And Growth
………………………………………………………………
26. Africa Cell Culture Consumables And Equipment Market
27. Cell Culture Consumables And Equipment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Cell Culture Consumables And Equipment Market
29. Cell Culture Consumables And Equipment Market Future Outlook and Potential Analysis
30. Appendix
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