Cell Culture Market worth 18.63 Billion USD by 2020

1
MarketsandMarkets Presents

• Cell Culture Market - Global Forecast to 2020

2

• The global cell culture market is expected to
  reach USD 18,630.7 Million by 2020 from USD
  11,310.9 Million in 2015, at a CAGR of 10.5. The
  increasing incidence of chronic diseases, growth
  in the number of regulatory approvals for cell
  culture-based vaccines, rising demand for mAbs,
  funding for cell-based research, growing use of
  single-use technologies, and technological
  advancements in cell culture products are key
  factors driving the market growth. However,
  factors such as high cost of research in cell
  biology and lack of infrastructure for cell-based
  research may hinder the market growth.
• Based on products, the cell culture market is
  segmented into instruments and consumables. The
  consumables segment is expected to account for
  the largest share in 2015. This segment is also
  slated to witness the highest CAGR during the
  forecast period owing to the repeated purchase of
  consumables compared to instruments.

3

• http//www.marketsandmarkets.com/Market-Reports/ce
  ll-culture-market-media-sera-reagents-559.html
• Based on applications, the cell culture market is
  segmented into biopharmaceutical/therapeutics,
  stem cell technologies, drug screening
  development, tissue engineering regenerative
  medicine, cancer research, and other
  applications. The biopharmaceutical/therapeutics
  segment is expected to grow at the highest CAGR
  during the forecast period. The high growth of
  this segment is attributed to the growing
  benefits of cell culture-based vaccines coupled
  with increasing regulatory approvals. 

4

• The global market is dominated by North America,
  followed by Europe. The market in Asia is
  expected to witness the highest CAGR during the
  forecast period. Factors such as favorable
  regulatory guidelines, government support for
  cell culture-based vaccine production, low
  manufacturing cost, and growing focus of global
  market players are expected to fuel the growth in
  emerging Asian economies.
• Key players in this market include Thermo Fisher
  Scientific, Inc. (U.S.), Merck KGaA (Germany), GE
  Healthcare (U.K.), Lonza Group AG (Switzerland),
  Becton, Dickinson and Company (U.S.), Corning,
  Inc. (U.S.), Eppendorf AG (Germany), Hi-Media
  Laboratories (India), Sartorius AG (Germany), and
  Promocell GmbH (Germany).

5
Contact Us

• Mr. RohanMarkets and Markets UNIT no 802, Tower
  no. 7, SEZMagarpatta city, HadapsarPune,
  Maharashtra 411013, India1-888-600-6441Email
  sales_at_marketsandmarkets.com
• MarketsandMarkets Blog
• http//www.linkedin.com/company/marketsandmarkets
• http//twitter.com/marketsmarkets

6
About MarketsandMarkets
MarketsandMarkets is a global market research and
consulting company based in the U.S. We publish
strategically analyzed market research reports
and serve as a business intelligence partner to
Fortune 500 companies across the
world. MarketsandMarkets also provides
multi-client reports, company profiles,
databases, and custom research services. They
cover thirteen industry verticals, including
advanced materials, automotives and
transportation, banking and financial services,
biotechnology, chemicals, consumer goods, energy
and power, food and beverages, industrial
automation, medical devices, pharmaceuticals,
semiconductor and electronics, and
telecommunications and IT. We at
MarketsandMarkets are inspired to help our
clients grow by providing apt business insight
with our huge market intelligence repository.