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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.
Report Attribute | Details |
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Base Year: | 2022 |
Mammalian Cell Fermentation Technology Market Size in 2022: | USD 38 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 8.4% |
2032 Value Projection: | USD 80.5 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 120 |
Tables, Charts & Figures: | 209 |
Segments covered: | Type, Application, End-use, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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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.