Cell Culture Market worth $41.3 billion by 2026

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Key Market Players Thermo Fisher
Scientific, Inc. (US) Merck KGaA
(Germany) Danaher Corporation (US) Sartorius AG
(Germany)
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Based on product, the cell culture market
is segmented into equipment and consumables. The
cell culture equipment market is further
segmented into supporting equipment, bioreactors,
and storage equipment. The cell culture
consumables market is segmented into sera, media
reagents, vessels, and bioreactor accessories.
In 2020, the consumables segment accounted for
the largest share of the market. The large share
and high growth of the consumables segment can be
attributed to the repeated purchase of
consumables and an increase in funding for
cell-based research.
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Based on application, the cell culture
market is categorized into biopharmaceutical
production, diagnostics, drug discovery
development, tissue engineering regenerative
medicine, and other applications. The
biopharmaceutical production segment is further
divided into monoclonal antibody production,
vaccine production, and other therapeutic protein
production. The tissue engineering regenerative
medicine segment is further divided into cell
gene therapy and other tissue engineering
regenerative medicine applications. The
biopharmaceutical production segment is estimated
to grow at the highest CAGR of 14.1 during the
forecast period. The high growth of this segment
is attributed to the commercial expansion of
major pharmaceutical and biotechnology companies,
the increasing demand for mAbs, and the growing
regulatory approvals for the production of cell
culture-based vaccines
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The Asia Pacific region is the
fastest-growing region of the cell culture market
in 2020. Based on the region, the global cell
culture market has been segmented into North
America Europe Asia Pacific Latin America
Middle East and Africa.