Cell Culture Reagents Market - Global Opportunity Analysis and Industry Forecast (2022–2029)
Meticulous Research®—a leading market research company, published a research report titled, ‘Cell Culture Reagents Market by Product (Growth Factors and Cytokines, Supplements, Cryoprotective, Antibiotics, Buffers, Attachment Factors), Application (Monoclonal Antibody, Research, Stem Cell), End User (Pharma & Biotech, Academic)—Forecast to 2029.
According to this latest
publication from Meticulous Research®, the cell culture reagents market is expected to reach $11.04
billion by 2029, at a CAGR of 12.8% from 2022–2029. The factors contributing to
the growth of this market are the rising demand for monoclonal bodies, the
increasing prevalence of chronic diseases, funding for cell-based research, and
an increase in R&D spending in the life science sector.
Additionally, the growing adoption
of 3D cell culture, the growth potential of personalized medicine, and emerging
economies are expected to offer significant growth opportunities for the
players in the cell culture reagents market.
The cell culture reagents market
is segmented by product (growth factors and cytokines, supplements,
cryoprotective reagents, antibiotics/antimycotics, cell dissociation reagents,
buffers and chemicals, balanced salt solutions, contamination detection kits,
attachment and matrix factors, other cell culture reagents), application
[bioproduction (monoclonal antibody production, therapeutic protein production,
vaccine production, cell and gene therapy)], diagnostics, cancer research, drug
screening & development, stem cell research), end user (pharmaceutical
& biotechnology companies, academic & research institutes, diagnostic
laboratories), and geography. The study also evaluates industry competitors and
analyzes the regional and country-level markets.
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Scope
of the Report:
Cell
Culture Reagents Market, by Product
·
Reagents
o Growth Factors and Cytokines
o Supplements
o Cryoprotective Reagents
o Antibiotics/Antimycotics
o Cell Dissociation Reagents
o Buffers & Chemicals
o Balanced Salt Solutions
o Contamination Detection Kits
o Attachment and Matrix Factors
o Other Cell Culture Reagents
(Other cell culture reagents include chelators, antioxidants, sugars,
vitamins, stains, and dyes)
Cell
Culture Reagents Market, by Application
·
Bioproduction
o Monoclonal Antibody Production
o Therapeutic Protein Production
o Vaccine Production
o Cell and Gene Therapy
·
Diagnostics
·
Cancer Research
·
Drug Screening &
Development
·
Stem Cell Research
Cell
Culture Reagents Market, by End User
·
Pharmaceutical &
Biotechnology Companies
·
Academic & Research
Institutes
·
Diagnostic Laboratories
Cell
Culture Reagents Market, by Geography
·
North America
o U.S.
o Canada
·
Europe
o Germany
o France
o U.K.
o Italy
o Spain
o Rest of Europe (RoE)
·
Asia-Pacific (APAC)
o China
o Japan
o India
o Rest of APAC (RoAPAC)
·
Latin America
·
Middle East & Africa
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Based on product, the cell culture reagents market is segmented into growth
factors and cytokines, supplements, cryoprotective reagents,
antibiotics/antimycotics, cell dissociation reagents, buffers & chemicals,
balanced salt solutions, contamination detection kits, attachment and matrix
factors, and other cell culture reagents. In 2022, the growth factors and cytokines
segment is estimated to account for the largest share of the cell culture
reagents market. The major factor contributing to the large market share of
this segment is the utilization of growth factors for the growth and
proliferation of cells. Additionally, cytokines play an important role in
controlling the growth of cells, mainly the immune system and blood cells,
hence required for cell culture.
Based on application, the cell culture reagents market
is segmented into bioproduction, diagnostics, cancer research, drug screening
& development, and stem cell research. In 2022, the bioproduction segment
is estimated to account for the largest share of the cell culture reagents
market. The major factors contributing to the large market share of this
segment are the consumption of cell culture reagents for research and
commercial bioproduction, increased demand for pharma and biopharma products,
and the availability of funds for carrying out research activities.
Based on end user, the cell culture reagents market
is segmented into pharmaceutical & biotechnology companies, academic &
research institutes, and diagnostic laboratories. In 2022, the pharmaceutical
& biotechnology companies segment is estimated to account for the largest
share of the cell culture reagents market. The expansion of the
biotherapeutics market is due to the commercial success of antibody
therapeutics and emerging biosimilars. This resulted in the increased demand
for biotherapeutic products, which contributed to the rise in the usage of cell
culture reagents by pharmaceutical & biotechnology companies.
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Geographical Review
This research report analyzes
major geographies and provides a comprehensive analysis of North America (U.S.,
Canada), Europe (Germany, France, U.K., Italy, Spain, and the Rest of Europe),
Asia-Pacific (China, Japan, India, and RoAPAC), Latin America, and the Middle
East & Africa. In 2022, North America is estimated to dominate the cell
culture reagents market, followed by Europe and Asia-Pacific. The demand for
pharmaceutical & biopharmaceutical products, the increase in drug approvals
in the U.S., the presence of major players, and the availability of skilled
professionals working towards novel research activities are major contributing
factors to the large market share of this region.
Key Players
The key players operating in the
cell culture reagents market are Merck KGaA (Germany), Thermo Fisher Scientific
Inc. (U.S.), PromoCell GmbH (Germany), Cytiva (U.S.), Lonza Group Ltd
(Switzerland), Corning Incorporated (U.S.), Becton, Dickinson and Company
(U.S.), HiMedia Laboratories (India), Sartorius AG (Germany), FUJIFILM Holdings
Corporation (Japan), Agilent Technologies, Inc. (U.S.), Miltenyi Biotec B.V.
& Co. KG (Germany), BIOLOGOS (U.S.), STEMCELL Technologies Inc. (Canada),
and Cell Applications, Inc. (U.S.)
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Key questions answered in the report-
· Which are the high-growth
market segments in terms of product, application, end user, and geography?
· What was the
historical market for cell culture reagents across the globe?
· What are the market
forecasts and estimates for the period 2022–2029?
· What are the major
drivers, restraints, opportunities, and challenges in the cell culture reagents
market?
· Who are the major
players in the cell culture reagents market?
· What is the
competitive landscape, and who are the market leaders in the cell culture
reagents market?
· What are the recent
developments in the cell culture reagents market?
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