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Mammalian Cell Fermentation Technology Market Size

  • Report ID: GMI6524
  • Published Date: Aug 2023
  • Report Format: PDF

Mammalian Cell Fermentation Technology Market Size

Mammalian Cell Fermentation Technology Market size was valued at USD 38 billion in 2022 and is expected to reach USD 80.5 billion by 2032, registering a CAGR of 8.4% between 2023 - 2032. High market growth can be attributed to the escalating demand for biologics, such as monoclonal antibodies, vaccines, and therapeutic proteins, that has stimulated the adoption of mammalian cell fermentation technology to efficiently produce these complex molecules.

 

Also, the growing emphasis on precision medicine has led to a surge in the development of cell-based therapies and personalized biologics, further propelling the utilization of these technology to ensure reliable and consistent production of tailored medical treatments. Furthermore, ongoing research and development efforts to optimize bioprocessing methods, coupled with the growing investments in biomanufacturing infrastructure, are further fostering the market's progress.

 

Mammalian cell fermentation technology, also known as mammalian cell culture technology, refers to the process of growing and cultivating mammalian cells in a controlled environment for various purposes, such as biopharmaceutical production, research, and the development of therapeutic proteins, vaccines, and other bioproducts. This technology involves creating a suitable environment that mimics the natural conditions required for mammalian cells to grow and reproduce.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global mammalian cell fermentation technology industry was valued at USD 38 billion in 2022 and is expected to reach USD 80.5 billion by 2032.

The monoclonal antibodies segment held a major market share of 41.9% in 2022 attributed to the pivotal role that antibodies play in therapeutic and diagnostic applications, leading to increased demand for efficient production methods.

North America mammalian cell fermentation technology industry accounted for a revenue of USD 18.2 billion in 2022 and is anticipated to record around 7.9% CAGR between 2023-2032 attributed to the thriving biopharmaceutical industry in the region.

Thermo Fisher Scientific, Inc., Merck KGaA, Danaher, Lonza, F. Hoffmann-La Roche Ltd, Sartorius AG, AstraZeneca, Bristol-Myers Squibb, Amgen, Gilead Sciences, Moderna, Inc., and Regeneron Pharmaceuticals among others.

Mammalian Cell Fermentation Technology Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 12
  • Tables & Figures: 209
  • Countries covered: 19
  • Pages: 120
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