Increase in the prevalence of malignant cases across the world has given way to surge in adoption of advanced cell culture techniques.
Cell Culture Industry:
Increase in the prevalence of malignant cases across the world has given way to surge in adoption of advanced cell culture techniques. At the same time, growing awareness in the domain and rise in cell-based research activities & funding have boosted the growth of the global cell culture market in more than one way.
Over the last decade, there’s been a steep incline in demand for personalized medicines in the developed as well as developing economies. High-end advancements in technology have helped researchers bring forth innovative therapies that can help encounter life-threatening syndromes. And, the fact that novel cell culture techniques are now being increasingly used in developing vaccines and personalized drugs has supplemented the market growth yet more. According to Allied Market Research, the global cell culture market is anticipated to exhibit a striking CAGR from 2020 to 2027.
Huge support from several government bodies, incorporation of avant-garde technologies in the healthcare sector, and emergence of regulatory consents & agreements for cell culture-based inoculations are the major factors driving the market players to introduce novel strategies, initiate exclusive product launches, and opt for partnerships & collaborations to heighten their status in the industry.
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Top Leading Players:
- BECTON, DICKINSON AND COMPANY
- CORNING INCORPORATED
- DANHER CORPORATION
- EPPENDORF AG
- HIMEDIA LABORATORIES
- LONZA GROUP LTD
- MERCK KGAA
- PROMOCELL GmbH
- SARTORIUS AG
- THERMO FISHER SCIENTIFIC, INC
Covid-19 Scenario-
Here, it’s worth mentioning that the outbreak of the pandemic led to a sound incline in demand for cell culture products across the world. Rise in the Covid-19 cases had accentuated the need for vaccines, giving way to greater number of clinical trials.
Researchers were constantly trying to twig the disease at a molecular pitch so as to improve their therapeutic interventions. They were working hard on related viruses emphasizing on cell culture-based treatment methods for dealing with the corona virus and administering widespread research in developing vaccines based on cell cultures.
A renowned investment platform Gramma Biosciences invested around fifty million Euros to Belgium based CDMO Univercells for the fabrication of cutting-edge biologic therapies such as cell-based and gene-based therapies, in February 2020.
Primary cells are often considered, by the experts, as exceptional models for reading up on respiratory diseases. It also provided the very opportunity to get cognized with the mechanism of lung issues at a cellular level throughout the pandemic. All these factors had a positive impact on the global cell culture market, especially during the initial phase. This trend is also going to continue post pandemic as well.