Cell Culture Reagents Market Report 2022: Rising Demand for Monoclonal Bodies


Posted February 17, 2023 by shitalt

The Cell Culture Reagents Market is expected to reach $11.04 billion by 2029, at a CAGR of 12.8% from 2022 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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Asia-Pacific: Fastest-growing Regional Market

Based on geography, Asia-Pacific is expected to register the highest CAGR during the forecast period. The growing population is the key factor that drives this region's healthcare & pharmaceutical sector, which draws a lot of investment from government & non-government bodies. Asia-Pacific countries aim to become competitive in the global biotech market, paving the way for a lot of research & development activities in this domain. Additionally, the increasing investments propel the demand for cell culture reagents across the Asia-Pacific region.

Key Players

The key players profiled in the cell culture reagents market study 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.).

Scope of the Report:

Cell Culture Reagents Market, by Product

Reagents
Growth Factors and Cytokines
Supplements
Cryoprotective Reagents
Antibiotics/Antimycotics
Cell Dissociation Reagents
Buffers & Chemicals
Balanced Salt Solutions
Contamination Detection Kits
Attachment and Matrix Factors
Other Cell Culture Reagents
(Other cell culture reagents include chelators, antioxidants, sugars, vitamins, stains, and dyes)
Cell Culture Reagents Market, by Application

Bioproduction
Monoclonal Antibody Production
Therapeutic Protein Production
Vaccine Production
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
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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?

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Issued By Shital Thakare
Country United States
Categories Blogging
Tags cell culture reagents market
Last Updated February 17, 2023