GVR Report coverCell Culture Media Storage Containers Market Size, Share & Trends Report

Cell Culture Media Storage Containers Market Size, Share & Trends Analysis Report By Product (Storage Bags, Storage Bottles), By Application, By End-Use, By Region, and Segment Forecasts, 2023 To 2030

  • Report ID: GVR455397
  • Number of Pages: 0
  • Format: Electronic (PDF)

细胞培养媒体存储容器参考storage apparatus or vessels specifically designed for storing cell culture media. Cell culture media is a gel or liquid prepared to help the growth of cells, microorganisms, or small plants. These formulations contain vitamins, inorganic salts, glucose, amino acids, and serum as a growth supplement. The cell culture media containers are designed to meet the specific requirements of cell culture, such as maintaining a sterile environment, preventing evaporation, and providing protection from light and temperature fluctuations. The wide range of products in the market include bottles, bags, bins & drums, flasks and others. Increasing research and development activities, growing demand for biopharmaceuticals and technological advancements in the industry are driving the market growth.

The biopharmaceutical industry depends heavily on cell culture techniques for producing vaccines, monoclonal antibodies, and recombinant proteins. These processes require large cell culture media storage to support the production. As the biopharmaceutical sector grows, the demand for cell culture media containers is also expected to increase. Moreover, the increasing R&D projects and activities in the biopharmaceutical market are anticipated to drive the demand for the storage containers market. According to the article published by the congressional budget office in April 2021, around USD 83 million were spent on biopharmaceuticals research & development activities in 2019. In May 2019, Under Operation Warp Speed, over USD 19 billion was provided by the federal government to develop a vaccine for COVID-19. These increased spending on R&D activities can fuel the cell culture media storage containers market growth.

In addition, the easy availability of technologically advanced containers and increasing focus on manufacturers to develop innovative containers are projected to drive the global market. These advancements include improved materials, optimized closures, and enhanced features for ease of use, sterility, and scalability. Technological innovations drive the market by offering better cell culture media Key players in the market offer a variety of containers in shape, size, features, and colors. For instance, Corning Incorporated offers break-resistant, leak-proof, and freezer-safe bottles in different sizes. In addition, VWR International provides bottles of polycarbonate and polystyrene in various shapes, such as square, octagonal, and round. These innovations in container design by market players are expected to drive market growth.

Moreover, the rising prevalence of chronic diseases and associated research activities to develop medicines and drugs is also the major factor boosting market growth. According to World Health Organization, around 41 million people die from non-communicable diseases every year. As per the article published by National Council on Aging, in March 2023, approximately 65 million individuals in America are 65 years old or above, and about 95% percent of older people have at least one chronic condition. This prevalence of diseases is expected to increase drug development activities, which is anticipated to augment market growth in the coming years.

The market is segmented based on product, application, end-use and region. Based on product the market is bifurcated as storage bags, storage bottles, storage bins & drums and other storage assemblies. Based on application the global market is segmented asbiopharmaceutical production, diagnostics and tissue engineering & regenerative medicine Furthermore, on the basis of end -use the market is classified as academic & research institutes, contract research organizations and pharmaceutical & biotechnology companies

Asia Pacific region is expected to witness growth in the market over the coming years owing to the growth of the region in the pharmaceutical sector. Japan, China, India, Australia, Thailand, and South Korea are the major countries included in the region. According to India Brand Equity Foundation, the pharmaceutical sector in India delivers over 50% of the worldwide demand for numerous vaccines. The country's pharmaceutical industry comprises a network of around 10,500 manufacturing units and 3,000 drug companies. Such factors of the countries in the region are projected to fuel the market growth.

Cell Culture Media Storage Containers Market Segmentation

Segments

Details

Products

Storage Bags , Storage Bottles, Storage Bins & Drums , Other Storage Assemblies

Application

Biopharmaceutical Production, Diagnostics, Tissue Engineering and Regenerative Medicine

End-Use

Academic & Research Institutes, Contract Research Organizations, Pharmaceutical & Biotechnology Companies

Region

North America (U.S., Canada),

Europe (UK, Germany, France, Italy, Spain, Denmark, Sweden, Norway)

Asia Pacific (Japan, China, India, Australia, Thailand, South Korea)

Latin America (Brazil, Mexico, Argentina),

Middle East & Africa (Saudi Africa, South Arabia, UAE, Kuwait)

Key players operating in the market include Thermo Fisher Scientific Inc., Merck KGaA, CYTIVA, Sartorius AG, Greiner Bio-One International GmbH, Corning Incorporated, VWR International, LLC., Saint Gobain, Diagnocine and HiMedia Laboratories.

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