The primary cell culture global market report 2024from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Primary Cell Culture Market, 2024report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size — The primary cell culture market size has grown rapidly in recent years. It will grow from $5.91 billion in 2023 to $6.79 billion in 2024 at a compound annual growth rate (CAGR) of 14.9%. The growth in the historic period can be attributed to increasing demand for monoclonal antibodies, increased demand for novel therapeutics, growing demand for personalized medicine, growing demand in cell therapy research.
The primary cell culture market size is expected to see rapid growth in the next few years. It will grow to $11.89 billion in 2028 at a compound annual growth rate (CAGR) of 15%. The growth in the forecast period can be attributed to rapid growth in incidence of cancer, rising growth in pharmaceutical and biotechnology industries, growing demand for personalized medicine, growing applications in 3D cell culture models. Major trends in the forecast period include technological advancements ,product innovation, partnerships, research and development.
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Scope Of Primary Cell Culture MarketThe Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Primary Cell Culture Market Overview
Market Drivers -The increasing prevalence of chronic diseases is expected to propel the growth of the primary cell culture market going forward. Chronic diseases are long-lasting conditions that typically progress slowly and persist for long, often for the remainder of an individual’s life. The rise in chronic diseases can be attributed to various factors, including lifestyle changes, environmental influences, physical inactivity, dietary shifts, and demographic shifts. Primary cell cultures significantly advance knowledge and treatment strategies for chronic diseases, ultimately improving patient outcomes. For instance, in January 2023, according to the National Center For Biotechnology Information, a US-based government agency, the number with at least one chronic disease is estimated to increase by 99.5% from 71.522 million in 2020 to 142.66 million by 2050. Therefore, the increasing prevalence of chronic diseases drives the primary cell culture market.
Market Trends — Major companies operating in the primary cell culture market are developing cell banks that contain primary cells specifically for cultivated meat research, aiming to advance sustainable and ethical meat production technologies. The Cell Bank initiative aims to support early-stage companies and researchers by providing high-quality animal primary cells suitable for cultivated meat research and development, up to 90% cheaper than other cell line providers, and free from licensing restrictions. For instance, in June 2023, Extracellular, a UK-based CDMO (contract development and manufacturing organization), launched low-cost, license-free cell banks to support the cultivated meat sector. The cell banks initially offer cells isolated from cows, pigs, and lambs’ fat, muscle, and bone marrow tissues. This project demonstrates a collaborative approach to accelerate the growth of the cultivated meat industry in the UK by increasing the availability of cell lines and enabling researchers and companies to develop innovative technologies without restrictions from licensing or commercial agreements.
The primary cell culture market covered in this report is segmented –
1) By Product: Primary Cell, Reagents, Supplements, Media
2) By Cell Type: Animal Cells, Human Cells
3) By Separation And culture Techniques: Explant Method, Enzymatic Disaggregation, Mechanical Separation, Other Separation
4) By Application: Tissue Culture and Tissue Engineering, Vaccine Production, Gene Therapy And Regenerative Medicine, Drug Screening And Toxicity Testing, Cancer Research , Virology, Strem Cell Therapy, Other Applications
5) By End User: Pharmaceutical And Biotechnology Company And Contract Research Organizations, Academic And Research Institutes, Other End Users
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Regional Insights — North America was the largest region in the primary cell culture market in 2023. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the primary cell culture market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies — Major companies operating in the primary cell culture market are Thermo Fisher Scientific Inc., Merck KGaA , FUJIFILM Holdings Corporation, GE HealthCare Technologies Inc., Corning Incorporated, Lonza Group Ltd., Sartorius AG, Miltenyi Biotec and CO.KG, STEMCELL Technologies Inc., Cyagen Biosciences Inc., Hi Media Laboratories Pvt. Ltd., PromoCell GmbH, AllCells LLC, BPS Bioscience Inc., MatTek Ltd., Axol Bioscience Ltd., Lifeline Cell Technology Corp., Neuromics Inc., Cell Biologics Inc., ZenBio Inc., Epithelix Sàrl, ReachBio LLC, AcceGen Biotechnology, Biopredic International, ixCells Biotechnologies
Table of Contents 1. Executive Summary2. Primary Cell Culture Market Report Structure3. Primary Cell Culture Market Trends And Strategies4. Primary Cell Culture Market — Macro Economic Scenario5. Primary Cell Culture Market Size And Growth…..27. Primary Cell Culture Market Competitor Landscape And Company Profiles28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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