Acknowledging the kind of traction gained by this market, Industry Data Analytics recently published a study report asserts the global Cell Culture Vessels Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 10.7% during the review period (2022 to 2027).
Cell Culture Vessels Market Overview
The global cell culture market is projected to reach USD 41.3 billion by 2027 from USD 22.8 billion in 2022, at a CAGR of 10.7 % between 2022 and 2027. The growth of this market is majorly driven by the rising consciousness about the benefits of cell-based vaccines, cumulative demand for monoclonal antibodies (mAbs), funding for cell-based research, growing preference for single-use technologies, the launch of advanced cell culture products, and the growing focus on personalized medicine. On the other hand, the high cost of cell biology investigate is warning the growth of this market. the market for Cell Culture Vessel is driven by factors, such as rising demand for vaccines, artificial organs and biopharmaceuticals, and a growing focus on personalized medicine. Additionally, there is a growing demand for personalized medicine across major developed economies. Technological advancements have helped researchers to come up with novel therapies that can help treat life-threatening diseases. For vaccines and personalized medicine, there is the mandatory use of cell culture. Hence, the market for cell culture is positively impacted due to the factors mentioned above.
In cell culture Market, the frequent usage of consumables in large quantity for bioproduction and clinical diagnostics applications help to uphold the revenue growth. The cell culture media commands the largest share of the consumables market. Continuous growths in appearance systems and culture media accompaniments are the key technological factors which have reduced the culture volume supplies and have slowed down the growth in income coming from culture media. However, the increased usage of more expensive serum-free and bioprocess-specific-optimized culture media have aided to nullify this factor to some extent.
Who are the Major Players in Cell Culture Vessels Market?
Top Key players in the Cell Culture Vessels Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Cell Culture Vessels Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes Corning Incorporated (NYSE:GLW), Thermo Fisher Scientific (NYSE:TMO), VWR, Greiner Bio-One, Sumitomo Bakelite Company Limited (Tokyo:4203.T), Sarstedt, TPP Techno Plastic Products, Jet Bio-Filtration, sorfa Life Science, Wuxi NEST Biotechnology, Crystalgen, Merck & Co., Inc. (NYSE:MRK), CELLTREAT Scientific, Himedia Laboratories and others.
Industry News:
January 24, 2022: Corning Expands High-Index Glass Portfolio to Help Accelerate Mass Adoption of Augmented Reality Technology
Corning Incorporated (NYSE: GLW) announced that the launch of a new glass composition to advance the development of augmented and mixed reality (AR/MR) diffractive waveguides for wearable devices. Optical advancements inherent in the glass take the augmented reality experience to the next level through larger, clearer digital content that creates more engaging and immersive user experiences
March 22, 2021: Thermo Fisher Scientific launched the new Gibco Human Plasma-like Medium (HPLM), the first cell culture medium on the market that mimics the metabolic profile of human plasma that is designed to provide researchers with a realistic view of cell growth within the human body.
What are the major Applications, Types and Regions for Cell Culture Vessels Market?
Cell Culture Vessels Market is segmented based on the type, applications, companies and regions.
By Type, Cell Culture Vessels Market has been segmented into
- Cell Culture Plates
- Cell Culture Flasks
- Cell Culture Dishes
- Cell Roller Bottles
- Other
The end user’s industry application on Cell Culture Vessels Market are,
- Pharmaceutical and Biotechnology
- Academic Institutes
- Other
Cell Culture Vessels Market Regional Analysis:
North America is currently dominating the cell culture market and is expected to follow the same trend over the forecast period. This is majorly attributed to the growing demand for personalized medicine and the presence of key players in the market. Additionally, the United States government is supportive in terms of medical research as healthcare is one of the major priorities in the country.
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
What is our Cell Culture Vessels Market report scope?
Report Attributes
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Report Details
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Forecast Period 2022 to 2027 CAGR
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CAGR of 10.7% during the review period (2022 to 2027).
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By Type
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- Cell Culture Plates
- Cell Culture Flasks
- Cell Culture Dishes
- Cell Roller Bottles
- Other
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By Application
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- Pharmaceutical and Biotechnology
- Academic Institutes
- Other
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By Companies
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Corning Incorporated (NYSE:GLW), Thermo Fisher Scientific (NYSE:TMO), VWR, Greiner Bio-One, Sumitomo Bakelite Company Limited (Tokyo:4203.T), Sarstedt, TPP Techno Plastic Products, Jet Bio-Filtration, sorfa Life Science, Wuxi NEST Biotechnology, Crystalgen, Merck & Co., Inc. (NYSE:MRK), CELLTREAT Scientific, Himedia Laboratories and others.
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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117
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Cell Culture Vessels Report
- Evaluate Cell Culture Vessels market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.
- Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
- Analyze the sales and distribution channels across key geographies to improve top-line revenues.
- Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Cell Culture Vessels market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
Frequently Asked Questions
What is the study period of this market?
The Cell Culture Vessels Market is studied from 2017 - 2027.
What is the growth rate of Cell Culture Vessels Market?
The Cell Culture Vessels Market is growing at a CAGR of 10.7% over the next 5 years.
Who are the leading key players in Cell Culture Vessels Market?
Corning Incorporated (NYSE:GLW), Thermo Fisher Scientific (NYSE:TMO), VWR, Greiner Bio-One, Sumitomo Bakelite Company Limited (Tokyo:4203.T), Sarstedt, TPP Techno Plastic Products, Jet Bio-Filtration, sorfa Life Science, Wuxi NEST Biotechnology, Crystalgen, Merck & Co., Inc. (NYSE:MRK), CELLTREAT Scientific, Himedia Laboratories and others.
What are the significant types of Cell Culture Vessels Market?
Cell Culture Plates, Cell Culture Flasks, Cell Culture Dishes, Cell Roller Bottles, Other
What are the significant Applications of Cell Culture Vessels Market?
Pharmaceutical and Biotechnology, Academic Institutes, Other
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
