Cell Culture Market Size Worth USD 45.12 Billion By 2027 | Emergen Research
According to a recent analysis by Emergen Research, the worldwide cell culture market is anticipated to reach USD 45.12 billion by 2027. The increase in demand for biopharmaceuticals and cell-based therapeutics is the major factor driving the growth of this market. The increasing number of FDA-approved cell therapies and the rise in public and private funding for cell therapy research are also contributing to the market growth. However, the lack of skilled personnel and ethical issues associated with cell culture are restraining the growth of this market.
The increasing prevalence of cancer and other chronic diseases is one of the key factors driving the growth of the cell culture market. According to the World Health Organization, cancer is the second leading cause of death globally and is responsible for an estimated 9.6 million deaths in 2018. The number of new cases is expected to rise by about 70% over the next two decades. Cell culture is widely used in cancer research to study the development and progression of the disease.
Similarly, the rising prevalence of chronic diseases such as diabetes and heart disease is another major factor driving the growth of the cell culture market. According to the Centers for Disease Control and Prevention (CDC), about half of all adults in the United States have one or more chronic health conditions. The agency estimates that chronic diseases are responsible for 7 of 10 deaths each year and account for 86% of healthcare costs. Cell culture is used to study the development and progression of chronic diseases, which is expected to drive market growth.
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Cell culture is also used in the development of vaccines and therapeutics. The increasing prevalence of infectious diseases is driving the demand for cell culture-based vaccines. According to the World Health Organization, there were about 21 million cases of vaccine-preventable diseases such as measles, diphtheria, and pertussis in 2016. The demand for cell culture-based vaccines is expected to increase in the coming years.
Cell culture refers to the process of growing cells in an artificial environment. The artificial environment is generally designed to provide a habitat that enables the cells to proliferate and function normally. Various types of cell cultures are used for different purposes, such as research, clinical applications, and product manufacturing. Cell cultures can be derived from both prokaryotic and eukaryotic cells.. This technology is widely used in the pharmaceutical and biotechnology industries for research and development, and production of vaccines, therapeutics, and other biological products.
Some Key Highlights from the Report
- The biopharmaceutical application segment accounted for largest revenue share in 2021 due to factors such as growing investments in biopharmaceutical R&D and availability of financial support for cell culture research. The segment is projected to grow at the highest CAGR during the forecast period.
- The cancer research application segment also accounted for significant revenue share in 2021 due to increasing incidence of cancer globally. According to the World Health Organization, in 2020, there were 18.1 million new cancer cases and 9.6 million cancer deaths worldwide.
- The regenerative medicine application segment is projected to grow at the highest CAGR during the forecast period due to rising investments in regenerative medicine research and commercialization of cell therapies. According to the National Institutes of Health, in 2019, the U.S. National Institutes of Health (NIH) awarded approximately USD 937 million in regenerative medicine research grants.
- The sera segment accounted for largest revenue share in 2021 due to the widespread availability of serum-free media formulations, which are defined as those not containing any bovine or human-derived products. The segment is further expected to grow at the highest CAGR over the forecast period on account of their wide range of benefits in biopharmaceutical applications including uniform cell growth, consistent product quality, and others.
- North America is the largest market for cell culture and is projected to grow at a CAGR of 5.2% during the forecast period. The key drivers for the growth of cell culture in North America are the increasing demand for biopharmaceuticals, growing government support for stem cell research, and the presence of a large number of contract research organizations (CROs).
- The cell culture market in Asia Pacific is expected to grow at the highest CAGR during the forecast period. The key factors driving the growth of this market are the increasing investments by government and private organizations in research and development activities, growing number of stem cell banks, and the rising number of biopharmaceutical and CRO companies in the region.
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For the purpose of this report, Emergen Research has segmented the global Cell Culture Market on the basis of Consumables, Product, Application, and region:
Consumables Outlook (Revenue, USD Billion; 2017-2027)
- Media
- Sera
- Reagents
Product Outlook (Revenue, USD Billion; 2017-2027)
- Culture Systems
- Incubators
- Centrifuges
- Pipetting Instruments
- Biosafety Equipment
- Cryostorage Equipment
Application Outlook (Revenue, USD Billion; 2017-2027)
- Biopharmaceuticals
- Cancer Research
- Vaccine Production
- Drug Development
- Gene Therapy
- Others
Regional Outlook (Revenue, USD Billion; 2017-2027)
- North America
- U.S
- Canada
- Europe
- Germany
- UK
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- MEA
- Saudi Arabia
- UAE
- Rest of MEA
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