The Cell Culture Plates Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Cell Culture Plates Global Market Report 2024, The cell culture plates market size has grown strongly in recent years. It will grow from $2.16 billion in 2023 to $2.28 billion in 2024 at a compound annual growth rate (CAGR) of 5.2%. The growth in the historic period can be attributed to biopharmaceutical research growth, increasing incidence of chronic diseases, advancements in cell biology, drug screening and toxicology studies, academic and industrial research activities.
The cell culture plates market size is expected to see strong growth in the next few years. It will grow to $2.8 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to rise of personalized medicine, expansion of stem cell research, biotechnology industry growth, shift towards 3d cell culture, automation and high-throughput screening. Major trends in the forecast period include increased use of coated and functionalized plates, focus on automation and robotics compatibility, incorporation of advanced materials, emphasis on sustainable and biodegradable materials.
The rising prevalence of chronic diseases is expected to propel the growth of the cell culture plates market going forward. Chronic diseases are problems that last a year or longer, necessitating continuing medical care, restricting everyday activities, or both. Cell culture plates combine several types of cells in integrated and self-organized systems to understand illness progression, provide optimum conditions for cell culture, test new treatments, and assess drug performance in research and development efforts. For instance, in September 2022, according to the World Health Organization, a Switzerland-based specialized agency of the United Nations, there were 41 million deaths, which is 74% of those caused by non-communicable diseases (NCDs) or chronic diseases every year globally. There were 17.9 million deaths from cardiovascular diseases, 9.3 million deaths from cancer, 4.1 million deaths from chronic respiratory diseases, and 2.0 million deaths from diabetes. Therefore, the rising prevalence of chronic diseases is driving the growth of the cell culture plate market.
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The cell culture plates market covered in this report is segmented –
1) By Type: Standard Cell Culture Plates, Coated Cell Culture Plates, Specialty Cell Culture Plates
2) By Material: Polystyrene, Glass, Other Materials
3) By Surface: Treated, Untreated
4) By Application: Drug Discovery And Development, Biopharmaceutical Production, Tissue Engineering And Regenerative Medicine, Other Applications
5) By End-User: Research Institutes, Pharmaceutical And Biotechnology, Diagnostic Laboratories
Product innovation has emerged as a key trend gaining popularity in the cell culture plates market. Major companies operating in the cell culture plate market are developing innovative products to strengthen their position in the market. For instance, in April 2022, Porvair Sciences, a UK-based manufacturer of microplates and microplate instrumentation, launched the Sero Krystal PDL-coated microplate. It promotes improved cell adhesion, development, and proliferation in serum-free media for various cell types. Poly-D-Lysine is a synthetic (non-animal) extracellular matrix used in cell culture to increase cell adhesion. These new Sero Krystal PDL microplates, available in 96- and 384-well configurations, are evenly coated with a 70–150 kDa PDL polymer utilizing unique processes. The coating generates a homogeneous net positive charge on the plate well surface.
The cell culture plates market report table of contents includes:
1. Executive Summary
2.Cell Culture Plates Market Characteristics
3.Cell Culture Plates Market Trends And Strategies
4. Cell Culture Plates Market analysis
5.Cell Culture Plates Market Size And Growth
6.Cell Culture Plates Segmentation
7.Cell Culture Plates Regional And Country Analysis
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27.Cell Culture Plates Competitive Landscape And Company Profiles
28. Cell Culture Plates Key Mergers And Acquisitions
29.Cell Culture Plates Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- Thermo Fisher Scientific Inc.
- USA Scientific Inc.
- Merck KGaA
- Corning Inc.
- Lonza Group AG
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