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Download Free sampleThe global Cell Culture market was valued at 1149.85 Million USD in 2021 and will grow with a CAGR of 6.19% from 2021 to 2027, based on Research newly published report.
The prime objective of Cell Culture Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Cell Culture Market covers market segmentation by major market vendors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Cell culture is the process by which cells are grown under controlled conditions, generally outside of their natural environment. Cell culture is one of the major tools used in cellular and molecular biology, since it provides excellent model systems for studying the normal physiology and biochemistry of cells and the effects of drugs and toxic compounds on the cells. It is also used in the development of biological compounds.The global average price of Cell Culture is in the decreasing trend, from 45.4 USD/L in 2012 to 42.6 USD/L in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years. The classification of Cell Culture Media includes Classical Media & Salts, Serum-free Media Stem Cell Media, and the proportion of Classical Media & Salts in 2016 is about 58%, and the proportion is in decreasing trend from 2012 to 2016. Cell Culture Media is widely used in Biopharmaceutical Manufacturing, Tissue Culture & Engineering, Gene Therapy and other field. The most proportion of Cell Culture Media is Biopharmaceutical Manufacturing, and the market share in 2016 is 52%. The trend of Biopharmaceutical Manufacturing is decreasing. China is the largest consumption place in Asia-Pacific, with a consumption market share nearly 52% in 2015. Following China, Japan is the second largest consumption place with the consumption market share of 20%. Market competition is not intense. Thermo Fisher, Merck Millipore, Corning, GE Healthcare, BD, Takara etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
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