The global cell culture market is expected to reach USD 37.0 billion by 2022, according to a new report by Grand View Research, Inc. This expected growth in demand can be ascribed to the growing need for biopharmaceutical development, vaccine research and development, and protein production; all of which rely heavily on cytological R&D in which cell culture plays a pivotal role.
The development and commercialization of integrated robotic liquid handling laboratory automation culture systems is also expected to considerably enhance growth over the forecast period. These systems provide highly improved capacity handling, higher efficiency and reproducible purity levels.
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Further key findings from the report suggest:
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Grand View Research has segmented cell culture market on the basis of consumables, products, applications and regions:
Cell Culture Consumables Outlook (Market Revenue in USD Billion, 2012 – 2022 )
Cell Culture Product Outlook (Market Revenue in USD Billion, 2012 – 2022 )
Cell Culture Applications Outlook (Market Revenue in USD Billion, 2012 – 2022 )
Cell Culture Regional Outlook (Revenue, USD Million, 2012 – 2022)
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About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research Guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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