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Cell Culture Market is Expected to Reach USD 16.85 Billion Globally in 2018: Transparency Market Research

May 6, 2013

ALBANY, New York, May 6, 2013 /PRNewswire/ –

According to a new market report published by Transparency Market Research
(http://www.transparencymarketresearch.com) “Cell Culture Market (Media, Sera,
Reagents, Serum-free Media, Albumin, Growth Factors & Cytokines, Instruments, Bioreactors,
Roller Bottle Equipment, T-flasks and Cryostorage Equipment) – Global Industry Analysis,
Size, Share, Growth, Trends and Forecast, 2012 – 2018,” in 2011, the global cell culture
market was valued at USD 8.5 billion and is expected to grow at a CAGR of 10.3% from 2012
to 2018, to reach an estimated value of USD 16.85 billion in 2018.

Browse the full report at

http://www.transparencymarketresearch.com/cell-culture-the-world-market-for-media-sera-and-reagents.html

The growth of this market is driven by the shift towards use of live model systems for
drug discovery and evaluation, use of animal-derived component free media and reagents,
and growing demand for advanced biologics and biosimilars produced by biopharmaceutical
manufacturers. Increasing demand for automated cell culture processes and systems will
help boost growth in the cell culture instruments market. A shift towards contract
manufacturing and research to cater to the ever-increasing demands of the healthcare
sector with respect to advanced treatment options will further help fuel growth of this
market during the forecast period from 2012 to 2018.

The market for serum-free media is the fastest growing segment with a CAGR of 21.1%.
The adoption of serum-free, chemically defined and specialty media will be considerably
high, driving growth of this segment. The bioreactor and culture system segments form the
most attractive markets in the consumables segment, in terms of revenues as well as CAGR.

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Geographically, North America constituted the major market for cell culture in 2011.
This can be attributed to the presence of a large number of leading market players, high
healthcare expenditure and availability of advanced technologies in the fields of
biotechnology. However, Asia-Pacific is expected to be the fastest growing region, growing
at a high CAGR of 15.6%, due to the emergence of many small regional players, lower
operating costs as compared to developed markets and growing economies.

The global cell culture market is dominated by a small number of large players such as
BD Biosciences, Corning Biosciences, EMD Millipore, Life Technologies Corporation, Lonza
Group, Sigma-Aldrich Corporation and Thermo Fisher Scientific, Inc. In 2011, Life
Technologies Corporation accounted for the largest market share, followed by BD
Biosciences and EMD Millipore.

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The global cell culture market is segmented as follows:

Cell Culture Consumables Market, by Products

        - Media, by types
             - Chemically defined media
             - Classical media
             - Lysogeny Broth (LB)
             - Protein-free media
             - Serum-free media
             - Specialty media
        - Sera, by types
             - Fetal Bovine Serum
             - Other animal sera
        - Reagents, by types
             - Albumin
             - Amino acids
             - Attachment factors
             - Growth factors & Cytokines
             - Protease Inhibitors
             - Thrombin
             - Others

Cell Culture Instruments Market, by Products

        - Culture Systems, by types
             - Culture Bags
             - Culture Plates
             - T-flasks
             - Culture Dishes
             - Roller Bottles
             - Bioreactors
        - Incubators
        - Pipetting Instruments
        - Roller Bottle Equipment
        - Biosafety Cabinets
        - Cryostorage Equipment
        - Others

Cell Culture Market, by End Users

        - Academics & Research
        - Commercial Producers

Cell Culture Market, by Geography

        - North America
        - Europe
        - Asia-Pacific
        - Rest of the World (RoW)

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