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Cell Culture Market worth $24,574 million by 2018

The “Cell Culture Market by Equipment (Bioreactor, Incubator, Centrifuge), by Reagent (Media, Sera, Growth Factors, Serum Free Media), by Application (Cancer Research, Gene Therapy, Drug Development, Vaccine Production, Toxicity Testing) - Global Forecast to 2018” report provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends, and strategies impacting the global cell culture market along with the estimates and forecasts of the revenue and market share analysis.

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The global cell culture market was valued at an estimated $14,772 million in 2013. This market is expected to grow at a CAGR of 10.71% between 2013 and 2018. It is expected to be valued at $24,574 million in 2018. Cell culture is the most widely used technique for biopharmaceutical production. A large quantity of cell culture media, sera, and reagents is required for biopharmaceutical production. Biopharmaceutical production is the largest application segment for the cell culture market in 2013. Furthermore, according to IMS Health, biopharmaceutical is expected to be one of the fastest growing pharmaceutical segments by 2017. Growth in the biopharmaceutical industry, aided by strong pipelines for antibiotics and vaccine products will drive the growth of the cell culture market.

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 This report segments the global cell culture market into two market segments, namely, the cell culture equipment and cell culture media, sera, and reagents. The cell culture equipment market is further subsegmented into lab equipment, bio-safety cabinets, consumables, storage equipment, and sterilization equipment. The lab equipment segment is further segmented into cell counters, centrifuges, fermentors and bioreactors, and incubators. The storage equipment segment is further segmented into cryogenic storage and refrigerators and freezers.

 The cell culture media, sera, and reagents market is subsegmented into serum, media, lab reagents, contamination detection kits, cryoprotective agents, and other reagents. The lab reagents segment is further subsegmented into balanced salt solutions, buffers and chemicals, cell dissociation reagents, and supplements and growth factors. The media segment is further subsegmented into basal media, reduced serum media, and serum-free media.

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 The application segments included in this report are biopharmaceutical production, cancer research, drug screening and development, gene therapy, tissue culture and engineering, toxicity testing, vaccine production, and other applications. The geographic segments included in this report are Asia-Pacific, Europe, North America, and Rest of the World.

 The major players in the cell culture market include Becton, Dickinson and Company (U.S.), Corning (U.S.), Eppendorf (Germany), General Electric (U.S.), Lonza (Switzerland), Merck (Germany), Promocell (Germany), Sartorius (Germany), Sigma-Aldrich Corporation (U.S.), and Thermo Fisher Scientific (U.S.).

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