North America Cell Culture Market Growth, Trends, and Forecasts (2016–2021)

(EMAILWIRE.COM, November 23, 2017 ) The North America Cell Culture Market was worth USD 4.75 billion in 2016 and estimated to be growing at a CAGR of 10.02%, to reach USD 7.6 billion by 2021.

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Cells are the fundamental building blocks of human life. Tissue culture was developed first in the 20th century for studying the behaviour of cells in response to stress and other external factors, be it induced or natural. Gradually techniques developed that enabled the study of single cells and cell culture was born.

Cell culture involves the dispersal cells into an artificial environment composed of nutrient solutions, a suitable surface for the growth of cells, and favourable conditions of temperature, humidity and gaseous atmosphere. This enables the researcher to precisely measure the responses of the cell in use the data in prospective drugs, and analysis of carcinogenic agents and viruses. Cell cultures can be established from various sources such as blood or even small fragments of tissues, called biopsies. Other sources include lymphocytes and fibroblasts each with its own positives.

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The major factors affecting the North America Cell Culture market include the increasing incidence of chronic diseases, the increasing regulatory approvals for cell-culture based vaccines and a rise in demand for mAbs. This along with the technological advancements in cell culture products and the growing adoption of single-use technologies is expected to drive the market forward in coming years. Inspite of the numerous drivers for the market, factors such as ethical concerns regarding treatment of animals as test subjects and the high costs associated with research in the field continue to hamper the growth of the market.

The North America Cell Culture market is broadly classified into Bioreactors, Cell Culture Vessels, Cell Culture Storage Equipment and Cell Culture Supporting Equipment based on product, by Consumables into Sera, Media and Reagents and Bioreactor Accessories, based on Application into Biopharmaceutical, Cancer Research, Stem Cell Technologies, Drug Screening and Development, Tissue Engineering & Regenerative Medicine and Other Applications and on the basis of End User into Pharmaceutical & Biotechnology Companies and Research Institutes. Based on geography, the North America market is analyzed under USA and Canada. The North America region has the highest market share globally inspite of having a below average growth rate. The growth rate is second lowest of all the regions and can be due to the fact that most markets in the region are already in their prime state of development.

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The Cell Culture market is highly competitive with a large number of players. Key market players Thermo Fisher Scientific, GE Healthcare, Merck KGaA, Sartorius AG, Eppendorf AG, Lonza AG, Corning, Becton, Dickinson and Company, Promocell GmbH and Hi-Media Laboratories.

Cell Culture Market Segmentation:
Product
• Introduction
• Equipment
I. Bioreactors
II. Cell Culture
III. Cell Culture Storage Equipment
IV. Cell Culture Supporting Equipment
• Consumables
I. Sera, Media & Reagents
II. Bioreactor Accessories
• Y-o-Y Growth Analysis, By Product
• Market Attractiveness Analysis, By Product
• Market Share Analysis, By Product

Application
• Introduction
• Biopharmaceutical
i. Vaccine Production
ii. Diagnostics
iii. Recombinant Therapeutic Proteins
• Cancer Research
• Stem Cell Technologies
• Drug Screening and Development
• Tissue Engineering & Regenerative Medicine
• Other Applications
• Y-o-Y Growth Analysis, By Application
• Market Attractiveness Analysis, By Application
• Market Share Analysis, By Application

End User
• Introduction
• Pharmaceutical and Biotechnology Companies
• Research Institutes
• Y-o-Y Growth Analysis, By End User
• Market Attractiveness Analysis, By End User
• Market Share Analysis, By End User

The scope of the report:
• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

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