Global Cell Culture Monitoring Biosensor Market – Regional Analysis
On the basis of region, the global cell culture monitoring biosensor market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.
North America is expected to witness significant growth in the global cell culture monitoring biosensor market, owing to launch of new products in the market. For instance, in March 2019, Lonza launched Custom Cell Biology Services for pharmaceutical companies and contract manufacturing organizations. The services include cell-line expansion and banking, media production, cell isolation, cell characterization, transfection services, and 3-dimensional (3D) cell-culture services.
Asia Pacific is expected to witness significant growth during the forecast period, as key players are focused on adopting strategies such as distribution partnerships, which is expected to drive growth of the cell culture monitoring biosensor market in this region. For instance, in 2018, Ferring Pharmaceuticals and the Chinese Academy of Sciences (CAS) announced a long-term collaboration to advance basic and translational research in reproductive medicine through the development of novel product candidates and therapeutic strategies.
Europe is also expected to witness potential growth in the global cell culture monitoring biosensor market, owing to increasing product launches by the key players in the market. For instance, in August 2018, C-CIT Sensors launched CITSens MeMo, an electrochemical, enzyme-based and single-use sensor, which helps in continuous online/real-time measurement of glucose and lactate in cell cultures.
Figure 2. Global Cell Culture Monitoring Biosensor Market Value (US$ mn) & Y-o-Y Growth (%), 2017-2027
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