In a remarkable surge, the Global Automated Cell Culture Systems Industry is expected to achieve unprecedented growth at an impressive Compound Annual Growth Rate (CAGR) of 8.4%. This market, which was valued at US$ 10.91 Billion in 2022, is poised to scale new heights and reach a valuation of US$ 20.87 Billion by 2030.
Automated cell culture systems presently hold a substantial 44.5% share in the global cell culture market. This surge is powered by several dynamic factors, including the burgeoning field of stem cell research and development, groundbreaking advancements in drug discovery, and substantial investments directed towards the creation of innovative products.
The projections for the global automated cell culture systems market underscore the industry’s robust potential and the substantial opportunities it presents for both investors and innovators. The remarkable CAGR of 8.4% signifies a promising future, as this market segment continues to evolve and redefine the landscape of cell culture technologies.
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Key Takeaways from Automated Cell Culture Systems Market
- Consumables are expected to reach US$ 11 Bn by 2030
- Academic institutes are expected to take greater interests in research related to cell culture over the forecast period due to increased government funding in developed countries
- North America and Europe collectively accounted for more than 60% of market share in 2019
- Infinite cell line cultures held close to 75% of market share in 2019
New Product Launches to Remain Key Strategic Focus of Market Players
Players in automated cell culture systems market are focusing on new product launches for expanding their global footprint and strengthening product portfolio.
For instance –
- In Jun 2020, faCellitate announced launching “BIOFLOAT”, its very first product to improve 3D cell culture.
- In Mar 2020, BioProcess International started implementing single-use miniature bioreactors for supporting intensified cell culture by using functional performance indicators for assessing small-scale model
- Corning Incorporated, in Oct 2019, came up with Corning Elplasia Plates and Matrigel for organoid culture. It was an addition to its 3D cell culture portfolio
- Ori Biotech has started developing an automated way of manufacturing cell and gene therapies
- In May, 2020, Sartorius announced launch of the Incucyte SX5® for live-cell analysis, for live-cell analysis experiments
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Automated Cell Culture Systems Market: Competitive Insights
The global automated cell culture systems market is set to expand its scope in the forecast period, stimulated by increasing drug discovery research and diverse applications of cell lines in research purposes. Furthermore, automated cell culture systems are used for experiments in drug discovery research and in cell banking process. In addition, cost effectiveness and rise in alternative methods for traditional cell culture production is augmenting the adoption of automated cell culture systems.
Key market players covered in the market include Thermo Fisher Scientific, Corning Incorporated, Merck KGaA, Lonza, Sartorius AG, Tecan Trading AG, Hamilton Medical AG., Biospherix and Promocell GmbH. Key players integrate their positions through acquisitions, mergers and new product launches.
Key Segments of Automated Cell Culture Systems Industry Survey
Automated Cell Culture Systems Market by Product:
- Automated Cell Culture Storage Equipment
- Automated Cell Culture Vessels
- Bioreactors
- Consumables
Automated Cell Culture Systems Market by Cell Culture:
- Finite Cell Line Cultures
- Infinite Cell Line Cultures
Automated Cell Culture Systems Market by Application:
- Drug Development
- Stem Cell Research
- Regenerative Medicine
- Cancer Research
Automated Cell Culture Systems Market by End User:
- Biotech Companies
- Research Organizations
- Academic Institutes
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Author
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
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