Cell Culture Consumables Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025
Technavio has been monitoring the cell culture consumables market and it is expected to grow by $ 8.66 bn, accelerating at a CAGR of almost 13% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking
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Cell Culture Consumables Market: Key Trends to impact market growth
The Increased application of single-use technologies is one of the key cell culture consumables market market trends. This research report provides a detailed impact analysis of all the trends that are likely to influence the growth of the market in focus.
Cell Culture Consumables Market: Top Drivers to Boost Demand
The Rise in production of cell culture-based viral vaccines is one of the primary factors driving the growth of the cell culture consumables market. The report provides a detailed study of all the factors that are likely to boost the market. This analysis will enable clients to leverage growth opportunities to their advantage and set their business
Vendor Analysis: Corning Inc., Danaher Corp. and Eppendorf AG are key growth contributors
The market is fragmented. The research report provides insights into the top market player and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Corning Inc., Danaher Corp., Eppendorf AG, FUJIFILM Holdings Corp., General Electric Co., HiMedia Laboratories Pvt. Ltd., Lonza Group Ltd., Merck KGaA, Sartorius AG, and Thermo Fisher Scientific Inc. are some of the major market participants.
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Cell Culture Consumables Market: Key Highlights of the Report for 2021-2025
The Global Cell Culture Consumables Market has the potential to grow by $ 8.66 bn during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of almost 13% .
This cell culture consumables market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by Application (Biopharmaceutical production, Cancer research, and Others) and Geography (North America, Europe, Asia, and ROW). The cell culture consumables market report also offers information on several market vendors, including Corning Inc., Danaher Corp., Eppendorf AG, FUJIFILM Holdings Corp., General Electric Co., HiMedia Laboratories Pvt. Ltd., Lonza Group Ltd., Merck KGaA, Sartorius AG, and Thermo Fisher Scientific Inc. among others.
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The Health Care sector is expected to have POSITIVE impact due to the spread of COVID-19 virus. Even if the spread of the virus is contained, we expect that it may take more than two quarters (six months) to reach a normal state of economic activity. The Cell Culture Consumables Market 2021-2025 market is expected to witness DIRECT impact.
Cell Culture Consumables Market Growth Drivers & Trends
The growing prevalence of infectious diseases is one of the major factors that will drive the growth of the cell culture consumables market during the forecast period. There have been several cases of viral infections spreading at an alarming rate. Leading healthcare companies are focusing on cell culture techniques and R&D of antiviral drugs, which is likely to drive the demand for cell culture consumables.
There is a rising demand for 3D cell culture as it helps to enhance the structure of the cultured cells and provide a suitable microenvironment for optimal cell differentiation, growth, function, and production of tissue-like structures in vitro. Several vendors are introducing advanced 3D culture techniques in cancer discovery and treatment. 3D cell culturing technology is also used in disease pathology, gene and protein expression, developmental biology, regenerative medicine, tissue morphogenesis, and therapeutic developments.
Cell Culture Consumables Market: Report Highlights:
Market Segmentation by Application