Global cell and tissue culture supplies market is propelled by increasing need for artificial organs


Posted September 25, 2017 by priya14

Global Cell and Tissue Culture Supplies Market Report, published by Variant Market Research, forecast that the global market is expected to reach $36,744 million by 2024 from $17,863 million in 2016, growing at a CAGR of 9.4% from 2016 to 2024.

 
Global Cell and Tissue Culture Supplies Market Report, published by Variant Market Research, forecast that the global market is expected to reach $36,744 million by 2024 from $17,863 million in 2016, growing at a CAGR of 9.4% from 2016 to 2024. By geography, Asia-Pacific and Europe are expected to grow at a CAGR of 10.5% and 10.0%, respectively, during the forecast period.
Cell or tissue culture is a procedure which includes isolating of a tissue from plant or animal and transferring to an artificial environment under controlled conditions. Cell and tissue culture experiments requires a wide range of equipment and supplies for growing and monitoring the cultures. Type, application, and geography are the major bifurcations considered in the global cell and tissue culture supplies market.
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The factors driving the growth of the global cell and tissue culture supplies market includes increasing demand for artificial organs, rising investments in R&D for advanced cell-based research and tissue engineering, increasing occurrence of chronic diseases, and surge in the demand for serum and vaccines. Though, complication involved in cell culture procedures and ethical concern over misuse of animals would pose challenge for the development of the market. Besides, mounting demand for tailored media solutions, and increasing third party research contracts would create several growth opportunities in years to come.
Type, application, and geography are the major segmentations considered in the global cell and tissue culture supplies market. By type, the segment is categorized as consumable products (media (serum free media, classical media, specialty media, lysogeny broth, chemically defined media, and protein free media), reagent (protease inhibitors, growth factors & cytokines, thrombin, albumin, amino acids, and others), sera (fetal bovine serum and others), contamination detection kits, cryoprotective agents) and instruments (culture systems (tissue culture flasks, multiple well plates, roller bottles, bioreactors, culture bags and culture dishes), incubators, biosafety cabinets, cryostorage equipment, roller bottle equipment, pipetting instruments and others). Furthermore, applications are sub-segmented as vaccine production, biopharmaceutical production, toxicity testing, gene therapy, drug screening & development, cancer research and others.
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Instruments accounted the largest market share in type segment in the year 2016, followed by consumable products, whereas, consumable products will attain fastest CAGR. Biopharmaceutical production accounted the largest market share in the application segment, followed by vaccine production in 2016.
The global cell and tissue culture supplies market by geography is bifurcated as North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America accounted the market share with 49.4% in 2016, followed by Europe with 25.9%. While, Asia-pacific is predicted to attain fastest CAGR during the forecast period 2016 to 2024, driven by, increasing need for mechanized cell culture process, rising demand for drug discovery and growing number of people suffering from chronic diseases.
The key players considered in this market comprises of STEMCELL Technologies Inc., VWR International, Wheaton Industries, Inc., Corning, Inc., Thermo Fisher Scientific, Inc., Merck KGaA, Lonza Group AG, Promo cell GmbH, Eppendorf AG, and GE Healthcare, among others.
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Scope of the Global Cell and Tissue Culture Supplies Market
• Consumable Products
o Media
 Serum Free Media
 Classical Media
 Specialty Media
 Lysogeny Broth
 Chemically Defined Media
 Protein Free Media
o Reagent
 Protease Inhibitors
 Growth Factors & Cytokines
 Thrombin
 Albumin
 Amino Acids
 Other Reagents
o Sera
 Fetal Bovine Serum
 Other Sera’s
o Contamination Detection Kits
o Cryoprotective Agents
• Instruments
o Culture Systems
 Tissue Culture Flasks
 Multiple Well Plates
 Roller Bottles
 Bioreactors
 Culture Bags
 Culture Dishes
o Incubators
o Biosafety Cabinets
o Cryostorage Equipment
o Roller Bottle Equipment
o Pipetting Instruments
o Other Instruments
Application Segments
• Vaccine Production
• Biopharmaceutical Production
• Toxicity Testing
• Gene Therapy
• Drug Screening & Development
• Cancer Research
• Other Applications
Geography Segments
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Other
• Asia-Pacific
o China
o Japan
o India
o South Korea
o Others
• RoW
o South America
o Middle East
o Africa
About Variant Market Research
Variant Market Research offers syndicated and customized reports to fulfil clients' objectives. We also provide customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy & Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.
For further information, visit https://www.variantmarketresearch.com
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Issued By Priya Sharma
Country United States
Categories Science
Tags Cell and tissue culture supplies market , cell and tissue culture supplies market trend , Life Sciences , cell and tissue culture supplies market forecast
Last Updated September 25, 2017