Cell Culture Media Market Trends: In-Depth Analysis

Overview and Scope

Cell culture consumables and equipment are designed to aid scientists in growing new cells in the culture media for drug development, tissue culture, engineering, gene therapy, vaccine production, and toxicity testing.

Sizing and Forecast

The cell culture market size has grown rapidly in recent years. It will grow from $25.14 billion in 2023 to $28.16 billion in 2024 at a compound annual growth rate (CAGR) of 12.0%. The growth in the historic period can be attributed to increasing demand for biopharmaceutical research, growth in regenerative medicine, vaccine development, growing demand for vaccines, rising prevalence of chronic diseases, increasing government funding for research and development.

The cell culture market size is expected to see strong growth in the next few years. It will grow to $40.3 billion in 2028 at a compound annual growth rate (CAGR) of 9.4%. The growth in the forecast period can be attributed to infectious disease research, growing demand for biologics, research into rare diseases, rise in personalized medicine, advanced therapies, cell-based assays, demand for stem cell therapies. Major trends in the forecast period include advances in cell culture technology, 3d cell culture, organoid culture, bioprocess automation, single-use bioreactors, cultured meat, drug screening and toxicity testing, artificial intelligence and machine learning, cell culture in space and bioprinting.

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Segmentation & Regional Insights

The cell culture consumables and equipment market covered in this report is segmented –

1) By Product: Consumables, Instruments

3) By Application: Vaccination, Toxicity testing, Cancer Research, Drug Screening and Development, Recombinant Products, Stem cell technology, Regenerative Medicine, Other End Users

2) By End User: Industrial, Biotechnology, Agriculture, Other End Users

Subsegment: Media, Sera, Reagents, Cell Culture Vessels, Bioreactors, Biosafety Cabinets, Carbon Dioxide Incubators, Centrifuges

North America was the largest region in the cell culture consumables and equipment market in 2023. Western Europe was the second-largest region in the global cell culture consumables and equipment market share. The regions covered in the cell culture consumables and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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Major Driver Impacting Market Growth

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. For example, in September 2023, according to the World Health Organization, the chronic diseases kill 41 million people each year, equivalent to 74% of all deaths globally.

Key Industry Players

Major companies operating in the cell culture market include Becton Dickinson and Company, Corning Inc., Danaher Corporation, Eppendorf AG, HiMedia Laboratories Private Limited, Lonza Group AG, Merck KGAA, Promocell GmbH, Sartorius AG, Thermo Fisher Scientific Inc., Irvine Scientific Sales Company Inc., CellGenix GmbH, InVitria Inc., Cytiva, Bio-Techne Corporation, GenScript Biotech Corporation, Gedeon Richter Plc., Hetero Drugs Limited, Intas Pharmaceuticals Ltd., LG Chem Ltd., Lupin Limited, Bio-Rad Laboratories Inc., Illumina Inc., Qiagen NV, F. Hoffmann-La Roche Ltd, Norgen Biotek Corporation, Tecan Group Ltd.

The cell culture consumables and equipment market report table of contents includes:

Executive Summary
Cell Culture Consumables And Equipment Market Characteristics
Cell Culture Consumables And Equipment Market Trends And Strategies
Cell Culture Consumables And Equipment Market – Macro Economic Scenario
Global Cell Culture Consumables And Equipment Market Size and Growth

Global Cell Culture Consumables And Equipment Market Competitive Benchmarking
Global Cell Culture Consumables And Equipment Market Competitive Dashboard
Key Mergers And Acquisitions In The Cell Culture Consumables And Equipment Market
Cell Culture Consumables And Equipment Market Future Outlook and Potential Analysis
Appendix

Top Major Players: