Europe Cell Culture Market – Size, Outlook, Trends and Forecast (2024

Europe Cell Culture Market - Size

Study Period

2018 - 2030

Base Year For Estimation

2023

Forecast Data Period

2024-2030

Historical Data Period

2018-2021

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Cell culture refers to the removal of cells from an animal or plant and their subsequent growth in a favourable artificial environment. The cells may be removed from the tissue directly and disaggregated by enzymatic or mechanical means before cultivation, or they may be derived from a cell line or cell strain that has already been already conventional. Cell culture is used in pharmaceutical & biotechnology industries and research institutes.

Europe Cell Culture Market Size & Growth:

The Europe cell culture market was valued at $4.3 Billion in 2017 and is estimated to reach $8.12 Billion by 2024, at a CAGR of XX% during 2019-2025. The main factors responsible for the Europe cell culture market growth are growing awareness about the benefits of cell culture-based vaccines, increasing demand for monoclonal antibodies, funding for cell-based research, growing preferences for single used technologies and launch of advanced cell culture products. Cell biology involves extensive research and development on new therapies such as stem cell and gene therapies. The reagents and equipment’s related to this research must be of the highest quality to provide accurate results. Due to the increasing need to maintain high-quality standards and fulfil with guidelines set up by regulatory bodies, the high cost of cell biology is hampering the market growth during the forecast period. Growing demand for 3d cell culture, increased risk of pandemics and communicable diseases and emerging markets are the significant Europe cell culture market opportunities

Europe Cell Culture Market - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

during forecast 2019-2025

Europe Cell Cultures Market Segments Share:

The Europe cell culture market is segmented based on the product, application, and geography. By product, the Europe cell cultures market is segregated into equipment and consumables. Among the product segment, equipment segment shows the significant growth. By application, the market is categorised into biopharmaceutical, cancer research, stem cell technologies, drug screening & development and tissue engineering & regenerative medicine and others.

Among these, cancer research is expected to register the highest growth in the Europe cell cultures market, and biopharmaceuticals hold the most significant market share during the forecast period. It is mainly due to cell cultured based vaccines, an increase in demand for monoclonal antibodies, growing preference for single-use technologies and launch of

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Europe Cell Culture Market - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

advanced cell cultured products.

By end user, the market is classified into pharmaceuticals & biotechnology and research institutes. Among these, pharmaceuticals & biotechnology holds the most significant market share in Europe cell culture market and research institutes are expected to register the highest growth in Europe cell culture market due to growing awareness of cultured cell vaccines. By geography, Europe is segregated into the United Kingdom, France, Germany, Italy and Spain. Among these, Germany holds the most significant market share in Europe cell culture market due to increase in demand for monoclonal antibodies and France is expected to register the highest growth in Europe cell culture market due to increase in funding of cell-based research

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