Global Cell Culture Consumables And Equipment Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Equipment;

Biosafety Equipment, Centrifuges, Cryostorage Equipment, Culture Systems/Bioreactors, Incubators, Pipetting, Instruments, and Others.

By Consumables;

Media, Sera, Reagents, Vessels and Accessories.

By Application;

Biopharmaceutical Production - Monoclonal antibodies, Vaccines production, and Others, Diagnostics - Drug Screening & Development - Tissue Engineering & Regenerative Medicine, Cell and gene therapy, and Others

By End User;

Pharmaceutical & Biotechnology Companies, Hospitals & Diagnostic Laboratories, Research & Academic Institutes, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn933552504 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Cell Culture Consumables And Equipment Market (USD Million), 2020 - 2030

In the year 2023, the Global Cell Culture Consumables And Equipment Market was valued at USD 11,301.38 million. The size of this market is expected to increase to USD 21,060.69 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 9.3%.

Numerous biotechnology and pharmaceutical companies, along with government organizations and research institutes worldwide, have shifted their focus towards developing effective vaccines and therapeutics to combat the COVID-19 pandemic. Cell culture has emerged as a promising platform for the development of novel vaccines and therapeutics for COVID-19 and other emerging diseases. Market players have initiated various initiatives in this direction, such as the launch of specialized cell culture tools by Captivate Bio in January 2021 to aid in the fight against COVID-19. Consequently, the COVID-19 pandemic has exerted a significant influence on the growth trajectory of the cell culture market.

The market is being propelled by several key factors, including the increasing demand for personalized medicine, vaccines, biopharmaceuticals, and artificial organs. Advancements in technology and the introduction of new products and consumables are also driving market growth. The rising global burden of cancer, as indicated by GLOBOCAN Statistics, underscores the need for precision medicine, thereby driving the demand for cell culture technologies. Additionally, the pharmaceutical industry's significant investments in research and development, as highlighted by the European Federation of Pharmaceutical Industries and Associations, are driving the adoption of cell cultures for drug testing and development, further bolstering market growth.

Product launches, particularly those featuring technologically advanced and innovative offerings, are expected to fuel market expansion. For instance, Thermo Fisher Scientific's introduction of Gibco Human Plasma-like Medium (HPLM) in March 2021, designed to mimic the metabolic profile of human plasma, demonstrates the industry's commitment to developing cutting-edge cell culture solutions. Similarly, the launch of Krakatoa by Nucleus Biologics in February 2022 represents an innovative approach to manufacturing cell culture media at the point of use, catering to the evolving needs of researchers. Despite these growth drivers, challenges such as the high cost of cell-based research and inadequate infrastructure in emerging economies may hinder market growth to some extent.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Equipment
    2. Market Snapshot, By Consumables
    3. Market Snapshot, By Application
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Global Cell Culture Consumables And Equipment Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growth of the Biopharmaceutical Industry

        2. Advancements in Cell Biology Research

        3. Increasing Automation and High-Throughput Screening

        4. Growing Focus on Single-Use Technologies

      2. Restraints
        1. High Cost of Consumables and Equipment

        2. Stringent Regulatory Requirements

        3. Limited Shelf Life of Consumables

      3. Opportunities
        1. Automation and High-Throughput Screening

        2. Expansion of Contract Research Organizations (CROs)

        3. Cell Therapy Development

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Cell Culture Consumables And Equipment Market, By Equipment, 2022 - 2032 (USD Million)
      1. Biosafety Equipment
      2. Centrifuges
      3. Cryostorage Equipment
      4. Culture Systems/Bioreactors
      5. Incubators
      6. Pipetting
      7. Instruments
      8. Others
    2. Global Cell Culture Consumables And Equipment Market, By Consumables, 2022 - 2032 (USD Million)
      1. Media
      2. Sera
      3. Reagents
      4. Vessels
      5. Accessories
    3. Global Cell Culture Consumables And Equipment Market, By Application, 2022 - 2032 (USD Million)
      1. Biopharmaceutical Production
        1. -Monoclonal antibodies
        2. Vaccines production
        3. Others
      2. Diagnostics
        1. Drug Screening & Development
          1. Tissue Engineering & Regenerative Medicine
        2. Cell and Gene therapy
      3. Others
    4. Global Cell Culture Consumables And Equipment Market, By End User, 2022 - 2032 (USD Million)
      1. Pharmaceutical & Biotechnology Companies
      2. Hospitals & Diagnostic Laboratories
      3. Research & Academic Institutes
      4. Others
    5. Global Cell Culture Consumables And Equipment Market, By Geography, 2022 - 2032 (USD Million)
  6. Competitive Landscape
    1. Company Profiles
      1. Thermo Fisher Scientific Inc
      2. Merck KGaA
      3. Danaher Corporation
      4. Corning Incorporated
      5. Eppendorf AG
      6. FUJIFILM Irvine Scientific, Inc
      7. Lonza Group AG
      8. Sartorius AG
      9. Agilent Technologies, Inc
      10. Getinge AB
  7. Analyst Views
  8. Future Outlook of the Market

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