Cell Culture Media Storage Containers Market to Grow with a CAGR of 6.79%Through 2028
Rising
Demand for Biopharmaceuticals and Therapeutics and Growing Academic and
Industrial Research are expected to drive the Global Cell Culture Media Storage
Containers Market in the forecast period 2024-2028.
According
to TechSci Research report, “Cell Culture Media
Storage Containers Market - Global Industry Size, Share, Trends, Opportunity,
and Forecast, 2018-2028”, the
Global Cell Culture Media Storage Containers Market stood at USD 3.45 billion
in 2022 and is anticipated to project steady growth in the forecast period with
a CAGR of 6.79% through 2028. Cell culture media storage containers play
a pivotal role in maintaining the quality and integrity of cell culture media,
which provides the essential nutrients, growth factors, and environment for the
growth of cells. These containers, available in various forms such as bottles,
flasks, and bags, help safeguard the viability of cell cultures and the success
of experiments, drug development, and medical research. The global market for
cell culture media storage containers has been witnessing steady growth due to
several key drivers. The biotechnology and pharmaceutical sectors have been
expanding rapidly, driven by factors such as population growth, aging
demographics, and increasing healthcare needs. As these industries continue to
grow, the demand for cell culture media storage containers also rises. Whether
it's for research purposes, product development, or quality control, the need
for effective storage solutions remains a constant. Global health crises, such as the COVID-19
pandemic, have underscored the importance of rapid and scalable
biomanufacturing processes for vaccines and therapeutics. Cell culture
techniques are integral to these processes, and reliable storage containers are
essential to maintain the stability and viability of cell culture media during
production.
However, maintaining sterility is a perpetual challenge
in cell culture. Further,
fluctuations in temperature can impact
the composition of cell culture media, affecting cell growth. Also, high-quality storage containers can be
costly, particularly for small-scale research or resource-limited settings, which
may hamper the growth of the market in the projected period.
Browse
over XX market data Figures spread through XX Pages and an in-depth TOC on
" Global Cell
Culture Media Storage Containers Market.”
Global
Cell Culture Media Storage Containers is segmented based on Product, Application
and End-Use. Based
on Product, the market is divided into Storage Bags , Storage Bottles, Storage
Bins & Drums , Storage Assemblies and Other. The Storage Bags segment is
expected to witness a rise over the forecast period. This is attributed to the
fact that storage bags are environmentally friendly and offered a more
sustainable option compared to traditional plastic containers, they could
attract environmentally conscious customers.
Based
on Application, the market is divided into Biopharmaceutical Production,
Diagnostics, Tissue Engineering and Regenerative Medicine. The Parenteral segment
is expected to witness a rise over the forecast period. This is attributed to
the fact that biopharmaceutical companies continually invest in research and
development to improve cell culture techniques, media formulations, and
production processes. This ongoing innovation drives the demand for specialized
storage containers that can accommodate evolving requirements and new
formulations.
Based
on End-Use, the market is divided into Academic & Research Institutes,
Contract Research Organizations, Pharmaceutical & Biotechnology Companies. The
Pharmaceutical & Biotechnology Companies segment is expected to witness a
rise over the forecast period. This is attributed to the fact that biopharmaceutical
production processes often require large-scale cell culture operations. These
operations demand substantial quantities of cell culture media to sustain cell
growth and product formation. Consequently, there is a need for efficient
storage containers that can maintain the quality and sterility of the media
throughout the production process.
Major
companies operating in Global Cell Culture Media Storage Containers market are:
- Medtronic
Inc.
- Thermo
Fisher Scientific Inc.
- Merck KGaA
- Danaher Corp
- Sartorius AG
- Greiner
Bio-One International GmbH
- Corning
Incorporated
- VWR
International, LLC.
- Saint
Gobain Ltd
- HiMedia
Laboratories Pvt Ltd
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" Asia-Pacific is dominating in Cell
Culture Media Storage Containers Market. The region has been quick to adopt and
develop new technologies. This includes advancements in bioprocessing
techniques, cell culture methodologies, and storage solutions. This
technological progress can attract global attention and contribute to dominance
in the market. Some governments in the Asia-Pacific region have introduced
policies and initiatives to promote the biotechnology and healthcare
industries. These policies can include funding for research, incentives for
companies, and supportive regulatory frameworks, all of which can foster growth
in the cell culture media storage containers market, leading to the expansion
of the global demand for Cell Culture Media Storage Containers till 2028.” said
Mr. Karan Chechi, Research Director with TechSci Research, a research-based
global management consulting firm.
“Cell
Culture Media Storage Containers Market,2028- Global Industry Size, Share,
Trends, Opportunity, and Forecast, 2018-2028. Segmented By Product (Storage
Bags , Storage Bottles, Storage Bins & Drums , Storage Assemblies, Other), By
Application (Biopharmaceutical Production, Diagnostics, Tissue Engineering and
Regenerative Medicine), By End Use (Academic & Research Institutes,
Contract Research Organizations, Pharmaceutical & Biotechnology Companies),
By Region, By Competition. has
evaluated the future growth potential of global Cell Culture Media Storage
Containers and provides statistics & information on market size, structure,
and future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in Global Cell Culture Media Storage
Containers market.”
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