the global Automated Cell Culture Market is expected to grow at an estimated CAGR of 8.5% during the forecast period. automated cell cultures grows and maintain cell lines by mechanically controlled procedures. Regular cell culturing involves various procedures such as inoculation- excessive care is required since the procedure is more susceptible to the contamination during the inoculation as well as growth of the cell. Whereas, automated cell culturing minimizes such manual operations during the cellular growth, which reduces the error and time.
In the recent years, rising use of regenerative medicine and increasing R&D in biotechnology on various diseases such as cancer have boosted the demand for the automated cell cultures. As per WHO (2017), cancer caused over 8.8 million deaths across the globe in 2015, which has increased investments in R&D by biotechnology based pharmaceutical companies. This has boosted the market growth.
Increasing R&D in the life-sciences, and rising use of cell based assays in the drug development will boost the market growth over the corresponding period. However, lack of awareness about the advanced techniques and skilled workforce, followed by high cost of the technology will restrain the market growth during the assessment period.
Prominent key players profiled in the report are BD., Tecan Trading AG, Sartorius, TAP Biosystems, Cell Culture Company, LLC, Eppendorf AG., Merck KGaA, Hamilton Company., Thermo Fisher Scientific Inc., and OCTANE BIOTECH INC.
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Automated Cell Culture Market Segmentation:
The Automated Cell Culture Market has been segmented on the basis of application, type, end users.
Based on the application, the market has been segmented into drug development, stem cell research, regenerative medicine, cancer research, and others.
Based on type, the market has been segmented into finite cell line cultures and infinite cell line cultures.
Based on consumables, the market has been segmented into media, sera, reagents, and others.
Based on the end users, the market has been segmented into biotech companies, research organizations, academic institutes, and others.
Automated Cell Culture Market Regional Analysis:
The Americas dominate the global market on account of high per capita healthcare expenditures, presence of leading players and prevailing developed technologies within the region.
Europe holds the second largest market share due to high acceptance of new technologies and high demand for biotechnology. Moreover, rising investments in healthcare services will boost the market growth.
Asia Pacific is expected to show the fastest growth owing to the presence of growing economies within the region including India and China, which have developing biotech and medical services sector. Moreover, increasing investments and initiatives taken by the governments along with the rising acceptance of biotech products within the region will boost the market.
The Middle East & Africa holds the least market share and the region is expected to account for the same during the assessment period. The Middle East countries such as Saudi Arabia will lead the market. However, African region will experience the least growth due to low per capita income, low R&D investments, lack of technology and acceptance as well as political barriers.
Taste the market data and market information presented through more than 50 market data tables and figures spread over 80 pages of the project report. Avail the in-depth table of content (TOC) & market synopsis on “Global Automated Cell Culture Market” Research Report – Forecast till 2023.
Automated Cell Culture Market Table of Content:
1. Report Prologue
2. Introduction
2.1 Definition
2.2 Scope Of The Study
2.3 Research Objective
2.4 Assumptions
2.5 Limitations
2.6 Market Structure
2.7 Market Segmentation
3. Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4. Market Dynamics
…Continued
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