Global Cell Culture Instruments and Consumables Market 2017-2022 - Rising Demand for Cell Based Therapies

DUBLIN, October 11, 2017 /PRNewswire/ --

The "Cell Culture Instruments and Consumables Market - Global Opportunity Analysis And Industry Forecasts to 2022" report has been added to Research and Markets' offering.

Global Cell Culture Market is expected to reach USD 21,058 million by 2022, at a CAGR of 10.7% during the forecast period of 2017 to 2022

The global cell culture market is mainly driven by the increase in the life science research, advancement in cell based technology, increasing prevalence of chronic diseases, rising demand for cell based therapies, and increasing cell based production. However, lack of awareness about emerging diagnosis technologies, high cost of cell culture research, and high risk of contamination inhibits the growth of the market to some extent. Moreover, handling and optimization of cell based protocol further challenges the growth of this market.

The large share of this region is primarily attributed to the increased funding in medical research, drug development regulations which demand cell culture products, growing aging population and thereby prevalence of various chronic diseases, and direct & indirect financial investments in the pharma biotech industries.

However, Asia-Pacific region possesses lucrative growth potential for the cell culture market during the forecast period, owing to the increasing demand in China and India, high population zone, various technological advancements, increasing investment in the healthcare and pharmaceutical sector, rising investment from government & non-government bodies, and growing pharma biotech industry in the region.

Market Dynamics

Drivers

• Increasing Life Science Research
• Advancement in Cell Based Technology
• Increasing Prevalence of Chronic Diseases
• Rising Demand for Cell Based Therapies
• Increase in Cell Based Vaccine Production

Restraints

• High Cost of Cell Culture Research
• High Risk of Contamination

Challenge

• Handling and Optimization of Protocol for in Vitro Study

Trend

• Transition from Animal Based Diagnosis to in Vitro Cell Based Diagnosis
  

Key Topics Covered:

1. Introduction
1.1. Market Ecosystem
1.2. Currency and Limitations
1.2.1. Currency
1.2.2. Limitations
1.3. Key Stakeholders

2. Research Methodology