Cell Culture Market is Expected to Reach USD 16.85 Billion Globally in 2018: Transparency Market Research

 Cell Culture Market is Expected to Reach USD 16.85 Billion Globally in 2018:
                         Transparency Market Research

  PR Newswire

  ALBANY, New York, May 6, 2013

ALBANY, New York, May 6, 2013 /PRNewswire/ --

According to a new market report published by Transparency Market Research (
http://www.transparencymarketresearch.com ) " Cell Culture Market (Media,
Sera, Reagents, Serum-free Media, Albumin, Growth Factors & Cytokines,
Instruments, Bioreactors, Roller Bottle Equipment, T-flasks and Cryostorage
Equipment)  -  Global Industry Analysis, Size, Sha re, Growth, Trends and
Forecast, 2012  -  2018, " in 2011, the global cell culture market was
valued at USD 8.5 billion and is expected to grow at a CAGR of 10.3% from 2012
to 2018, to reach an estimated value of USD 16.85 billion in 2018.

Browse the full report at

The growth of this market is driven by the shift towards use of live model
systems for drug discovery and evaluation, use of animal-derived component
free media and reagents, and growing demand for advanced biologics and
biosimilars produced by biopharmaceutical manufacturers. Increasing demand for
automated cell culture processes and systems will help boost growth in the
cell culture instruments market. A shift towards contract manufacturing and
research to cater to the ever-increasing demands of the healthcare sector with
respect to advanced treatment options will further help fuel growth of this
market during the forecast period from 2012 to 2018.

The market for serum-free media is the fastest growing segment with a CAGR of
21.1%. The adoption of serum-free, chemically defined and specialty media will
be considerably high, driving growth of this segment. The bioreactor and
culture system segments form the most attractive markets in the consumables
segment, in terms of revenues as well as CAGR.

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Geographically, North America constituted the major market for cell culture in
2011. This can be attributed to the presence of a large number of leading
market players, high healthcare expenditure and availability of advanced
technologies in the fields of biotechnology. However, Asia-Pacific is expected
to be the fastest growing region, growing at a high CAGR of 15.6%, due to the
emergence of many small regional players, lower operating costs as compared to
developed markets and growing economies.

The global cell culture market is dominated by a small number of large players
such as BD Biosciences, Corning Biosciences, EMD Millipore, Life Technologies
Corporation, Lonza Group, Sigma-Aldrich Corporation and Thermo Fisher
Scientific, Inc. In 2011, Life Technologies Corporation accounted for the
largest market share, followed by BD Biosciences and EMD Millipore.

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The global cell culture market is segmented as follows:

Cell Culture Consumables Market, by Products

  *Media, by types

       *Chemically defined media
       *Classical media
       *Lysogeny Broth (LB)
       *Protein-free media
       *Serum-free media
       *Specialty media

  *Sera, by types

       *Fetal Bovine Serum
       *Other animal sera

  *Reagents, by types

       *Amino acids
       *Attachment factors
       *Growth factors & Cytokines
       *Protease Inhibitors

Cell Culture Instruments Market, by Products

  *Culture Systems, by types

       *Culture Bags
       *Culture Plates
       *Culture Dishes
       *Roller Bottles

  *Pipetting Instruments
  *Roller Bottle Equipment
  *Biosafety Cabinets
  *Cryostorage Equipment

Cell Culture Market, by End Users

  *Academics & Research
  *Commercial Producers

Cell Culture Market, by Geography

  *North America
  *Rest of the World (RoW)

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