CELL AND TISSUE CULTURE SUPPLIES MARKET ANALYSIS

Cell and Tissue Culture Supplies Market, By Product Type (Consumables Products (Media (Classical Media, Lysogeny Broth, Chemically Defined Media, Specialty Media, Serum Free Media, and Protein Free Media), Reagents (Growth Factors & Cytokines, Albumin, Amino Acids, Thrombin, Protease Inhibitors, Others), and Sera (Fetal Bovine Serum and Others), Contamination Detection Kits, Cryoprotective Agents), and Instruments (Culture Systems, Biosafety Cabinets, Incubators, Cryostorage Equipment, Roller Bottle Equipment, Pipetting Instruments, and Others)), By Application (Biopharmaceutical Production, Vaccine Production, Drug Screening & Development, Gene Therapy, Toxicity Testing, Cancer Research, and Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) -

Published In : Jun 2023
Code : CMI3770
Pages :160
Formats :
Excel and PDF
Industry : Biotechnology

Cell And Tissue Culture Supplies MarketSize and Trends

Global cell and tissue culture supplies market is estimated to be valued at US$ 33.3 billion in 2023 and is expected to exhibit a CAGR of 12.4 % during the forecast period (2023-2030).

Global Cell and Tissue Culture Supplies Market Segmentation:

Global cell and tissue culture supplies market report is segmented into product type, application, and region.

Based on Product Type, the global cell and tissue culture supplies market is segmented into consumable products, and instruments. Out of which, consumable products segment is expected to dominate the market due to increasing launch of products.

Based on Application, the global cell and tissue culture supplies market is segmented into biopharmaceutical production, vaccine production, drug screening & development, gene therapy, toxicity testing, cancer research, and others. Among these, biopharmaceutical production segment is expected to dominate the market over the forecast period, owing to increasing research activities in biopharmaceutical companies.

Based on Region, the global cell and tissue culture supplies market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East & Africa. Among these, North America is expected to dominate the market over forecast period due to increased research and development activities.

Among all segmentation, the product type segment has the highest potential due to increasing launches of products by the key market players. For instance, on May 18, 2022, KromaTiD, a U.S.-based biotechnology company, launched PinPoint Fluorescence in Situ Hybridization (FISH) probes. The PinPoint FISH Probes build upon existing genomic assays with improved resolution and signal strength, while minimizing background noise. The probes allows rapid biomarker detection and quantification of chromosomal rearrangements, targeted mutations, and structural variants with high sensitivity. These FISH probes can be labeled as five fluorescent probe color options.

Figure 2. Global Cell and Tissue Culture Supplies Market Value (US$ Million), By Region, 2023