The global cell
culture market is currently expected to grow at a CAGR of 10.3% from
2012 to 2018, according to a report published by Transparency Market
Research (TMR). The market was valued to be US$8.5 billion in 2012
and if the CAGR holds true, the market should reach an overall value
of US$16.85 billion in 2018.
Browse the full Cell
Culture Market Report at
http://www.transparencymarketresearch.com/cell-culture-market.html
The TMR report,
titled “Cell Culture Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast, 2012 - 2018”, reveals key
aspects to consider while formulating any strategy within the global
cell culture market.
According to the
report, the major factor driving the global cell culture market is a
shifting preference towards performing drug discovery and evaluation
with the help of live model systems. Other drivers include reagents
and media free of animal-derived components and biosimilars, and
advanced biologics that are produced by biopharmaceutical
manufacturers. The growth of the global cell culture market is also
attributed to the escalating demand for automated cell culture
systems and processes.
“The rise in
demand in the global cell culture market is actually expected to
create a market shift towards research and manufacturing contracts
that will fulfill them in a more efficient manner,” states a TMR
analyst, based on findings of the research.
The fastest-growing
sector in the global cell culture market is serum-free media, which
is forecast to register a CAGR of 21.1% from 2012 to 2018. This
segment is being fueled by the growing demand for serum-free,
chemically-defined, and specialty media. Another segment that is
expanding rapidly is bioreactor and culture systems, which is proving
to be favorable in terms of both revenue and CAGR.
Browse the full
Press Release:
http://www.transparencymarketresearch.com/pressrelease/cell-culture-market.htm
Life Technologies
Corporation held the largest market share in the global cell culture
market in 2011. Other key players in the global cell culture market
include EMD Millipore, BD, Thermo Fisher Scientific, Inc., Sigma
Aldrich Corporation, Lonza Group, Life Technologies Corporation, and
Corning Biosciences.
The report’s
geographical analysis reveals that the largest regional share in the
global cell culture market belonged to North America in 2011. Factors
that drive this regional market are presence of a large number of top
companies in the field, rising expenses towards healthcare, and easy
availability of advanced technologies in the field of biotechnology.
The fastest-growing
region in the global cell culture market is Asia Pacific, which is
doing so at a CAGR of 15.6%. This regional market is driven by
emerging small players that are currently operating at a regional
level and lower costs of operation in comparison to developed
economies.
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this Report :
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Cell culture is
largely used in applications such as model systems development for
research, analysis of the mechanism of cell structures, and new
avenues of drug discovery for treating previously incurable diseases
such as Alzheimer’s.
About Us
Transparency Market
Research (TMR) is a global market intelligence company providing
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blend of quantitative forecasting and trend analysis provides
forward-looking insight for thousands of decision makers. TMR’s
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and analyze information.
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experts so that it always reflects the latest trends and information.
With extensive research and analysis capabilities, Transparency
Market Research employs rigorous primary and secondary research
techniques to develop distinctive data sets and research material for
business reports.
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