Cell Culture Media Storage Containers Market
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Cell Culture Media Storage Containers Market size was around USD 2.2 billion in 2022 and is expected to reach USD 6.7 billion by 2032 with a CAGR of 11.5%. Major growth driving factors for the market are the increasing demand for biopharmaceuticals, rising investments in life science research, advancements in cell-based therapies, technological innovations, and ongoing research in stem cell therapy.
The increasing production of biopharmaceuticals is a significant driver for the market. They require precise and controlled cell cultures for their production. These cultures need to be stored in specialized containers to maintain their integrity and effectiveness. As the demand for biopharmaceuticals continue to rise, the need for reliable and efficient cell culture media storage solutions will also increase, thereby fostering the market progress.
Cell culture media storage containers are specialized vessels or containers designed for proper storage, preservation, and transport of cell culture media in laboratory settings. These containers are crucial in maintaining the sterility, pH balance, and temperature of the cell culture media, ensuring the health & viability of cells, and are typically made from materials that are compatible with cell cultures, ensuring that they do not contaminate the media and interfere with the growth and behaviour of cells.
Report Attribute | Details |
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Base Year: | 2022 |
Cell Culture Media Storage Containers Market size in 2022: | USD 2.2 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 - 2032 CAGR: | 11.5 |
2023 Value Projection: | USD 6.7 Billion |
Historical Data for: | 2018 to 2022 |
No of Pages: | 100 |
Tables, Charts & Figures: | 205 |
Segments Covered: | Product, Application, End-user, and Region |
Growth Drivers: |
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Pitfalls Challenges: |
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The COVID-19 pandemic had a positive impact on the global cell culture media storage containers market. The urgent need for vaccines led to accelerated R&D efforts. Cell cultures are crucial in vaccine development processes, and the demand for cell culture media storage containers increased as more research institutions and pharmaceutical companies got engaged in vaccine trials. The demand for sterile, easily accessible & affordable storage containers increased. Furthermore, COVID-19 treatments and therapies, including monoclonal antibodies, convalescent plasma therapies, and antiviral drugs required cell culture techniques. Hence, this elevated demand for these treatments led to a higher requirement for cell culture media and, consequently, storage containers.
Moreover, increasing investments in life science research result in a broader range of studies and experiments, majority of which involve cell cultures. The need to store and maintain these cultures under precise conditions fuels the demand for high-quality, specialized cell culture media storage containers, making them a fundamental component of modern life sciences research infrastructure.
Based on product, the global market is classified into storage bag, Storage bottle, storage bin & drum, and other products. In the year 2022, storage bag segment dominated the market with a substantial share of 41.1%. These bags come in various sizes and configurations, allowing flexibility and scalability in bioprocessing.
Based on application, the cell culture media storage containers market is divided into biopharmaceutical production, tissue engineering, diagnostic, and regenerative medicine. The biopharmaceutical production segment is expected to reach USD 3.2 billion by 2032.
Based on end-user, the cell culture media storage containers market is segmented into pharmaceutical & biotechnology companies, CROs & CMOs, and academic & research institutes. The pharmaceutical & biotechnology companies segment accounted for USD 966.1 million in 2022.
The North America cell culture media storage containers market is expected to grow at 11.2% during the analysis period.
The players operating in this market have established themselves through continuous research & development and ensuring high-quality products. Thermo Fisher Scientific Inc., Sartorius AG, and Corning Incorporated account for significant market share. These prominent players thrive through a combination of strategic initiatives, investing in research and development, meeting the specific needs of end-user, strategic approaches, product diversification, and regulatory compliance.
Market players operating in the cell culture media storage containers is as mentioned below:
By Product, 2018 – 2032 (USD Million)
By Application, 2018 – 2032 (USD Million)
By End-user, 2018 – 2032 (USD Million)
The above information is provided for the following regions and countries:
Who are the key players in the global cell culture media storage containers market?
North America cell culture media storage containers market is expected to record 11.2% CAGR from 2023 to 2032 owing to well-developed healthcare infrastructure and facilities, regulatory environment, innovation and technological advancements in the region.
The global cell culture media storage containers market size was around USD 2.2 billion in 2022 and is expected to reach USD 6.7 billion by 2032, owing to the increasing demand for biopharmaceuticals, rising investments in life science research, advancements in cell-based therapies, and ongoing research in stem cell therapy.
The biopharmaceutical production segment is expected to reach USD 3.2 billion by 2032 as the production process require specialized and high-quality storage containers for storage, transportation and further production maintaining their viability and quality.