Automated Cell Culture Equipment Market Size, Revenue Growth Factors & Trends, Key Player Strategy Analysis Till 2027

 


Automated Cell Culture Equipment Market is estimated to be valued at USD 4,906.53 Millionby 2025 and is expected to register a CAGR of 12.04% during the forecast period.

Automated cell culture equipment aids in maximizing accuracy, precision, and minimizes time and consumable costs. The global automated cell culture equipment market is witnessing a significant market growth due to enhanced productivity and good quality of cell lines than manual cell culture equipment.

The growing research & development (R&D) initiatives in the pharmaceutical industry, rise in adoption of liquid handling systems, and increasing prevalence of cancer and other infectious diseases are expected to drive the growth of this market during the forecast period. However, high maintenance costs, lack of awareness, and shortage of skilled professionals are restraining the growth of the market. The increasing focus on regenerative medicine is likely to create an opportunity for the growth of the global automated cell culture equipment market.

Segment Analysis

The Global Automated Cell Culture Equipment Market has been segmented into lab automation type, product type, application, and end-user.

Based on the lab automation type, the global automated cell culture equipment market has been segmented into modular automation and whole lab automation. The modular automation segment accounted for the largest market share of 67.20% in 2018, with a market value of USD 1484.16 million, which is projected to register a CAGR of 11.68% during the forecast period. On the basis of product type, the global automated cell culture equipment market has been classified into consumables, equipment, and software.

Based on application, the global automated cell culture equipment market is segmented into biopharmaceutical production, tissue engineering, vaccine production, drug screening and development, gene therapy & regenerative medicine, stem cell therapy, toxicity testing, diagnostics, and others.

On the basis of end-user, the global automated cell culture equipment market has been segmented into pharmaceutical & biotechnology companies, research and academic institutes, and hospitals and diagnostic laboratories, and others.

Regional Analysis

The global automated cell culture equipment market has been segmented based on region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.

The existence of key market players, a well-developed healthcare infrastructure, significant per capita healthcare spending, high funding for research & development, focused research on cancer along with grants from government healthcare agencies, and high adoption of advanced medical technologies in the US and Canada are likely to support the dominance of the Americas on this market during the forecast period. According to the American Cancer Society, in 2019, an estimated 1,762,450 new cancer cases are expected to be diagnosed. The US expenditure for cancer care was approximately USD 147.3 billion in 2017. This high incidence of cancer cases and growing investment in R&D to develop new treatment options is expected to drive the American automated cell culture equipment market during the forecast period.

Market Players

Market Research Future (MRFR) recognizes Tecan Trading AG, Hamilton Company, Beckman Coulter, Inc., Pfizer Inc., Hitachi, Ltd, F. Hoffmann-La Roche Ltd., Thermo Fisher Scientific Inc., Anton Paar GmBH, Sartorius AG, Perkinelmer, Inc., and Siemens as the key players in the global automated cell culture equipment market.

Key Findings of the Study

  • The Global Automated Cell Culture Equipment Market is projected to reach over USD 4,906.53 Million by 2025 at a 04% CAGR during the review period of 2019 to 2025.
  • Americas accounted for the largest market share with the US being the major contributor to the growth of the market.
  • By lab automation type, modular automation segment is projected to register the largest market share of 20% during the forecast period. The rising adoption of modular laboratory automation is has helped pre-clinical and clinical studies by optimizing, developing, and streamlining the laboratory workflow.
  • Key manufacturers are adopting geographic expansions, corporate acquisitions, and product launches as growth strategies. Moreover, they are focusing on e-commerce for distribution.

Access Report Details @ https://www.marketresearchfuture.com/reports/automated-cell-culture-equipment-market-8770

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street, 5Th Floor,

New York, New York 10013

United States of America

+1 628 258 0071

Email: sales@marketresearchfuture.com

Comments

Post a Comment

Popular posts from this blog

Digital Pathology Market Research, Size, Revenue, Trends, Competitive Landscape Study & Analysis, Forecast To 2028

Image
  The growing number of innovations in the areas of pathology would further increase the size of the market to a great deal, in the next six years. According to MRFR, the Digital Pathology Market is expected to register a CAGR of 6.5% over the review period from 2021 to 2028 and expected to reach USD 1.4 Billion by 2028. Digital Pathology or Computational Pathology leverages completely new perceptions through data analysis, enabling pathologists to consult on treatment options. The rapidly evolving pathology sector is a key element of modern diagnostic practices. There have been several innovations and widespread adoption of digital pathology. It has long been realized that the traditional histopathology is inefficient as it exposes samples to various handlers, increasing the scope for human error. The digital pathology, on the other hand, eliminates the risk factors, while also providing the pathologist with the necessary images and clinical information to generate the most a...
Read more

Structural Heart Devices Market Size, Key Player Revenue, SWOT, PEST & Porter’s Analysis Till 2027

Image
Structural heart diseases   are problems associated with the valves or tissues of the heart. These diseases may be congenital or might be acquired later in life. Structural heart diseases include cardiomyopathy, myocarditis, aortic valve stenosis, heart valve disease, atrial septal defect, mitral valve regurgitation, and others. As per the latest report of Market Research Future (MRFR), the structural heart devices market is poised to expand at CAGR of 10.4% over the forecast period. The  structural heart devices market  is primarily driven by a radical rise in the incidence rate of non-coronary heart disorders, increased demand for minimally invasive surgical procedures, and improving reimbursement schemes. In the past few years, tremendous advances have been achieved with respect to the understanding of these diseases, and accordingly, therapeutic modalities have been developed. A number of clinical trials and technology developments are underway, which is likely to pro...
Read more

Anal Fissure Treatment Market Competitive Landscape, Growth Factors, Revenue Analysis Till 2030

Image
  The global  anal fissure treatment market  is expected to rise and touch a valuation of USD 2,526.5 million by 2023, at a 7.6% CAGR during the forecast period. Anal fissures are small tears near the mucosal lining of the anus. Deeper cuts may take a combination of oral and topical medicine to alleviate the pain. The anal fissure treatment market is expected to thrive owing to the booming pediatric and geriatric patient pool. Advances in technology coupled with various treatment options is likely to lead to a windfall for the market over the forecast period. High incidence of constipation is predicted to drive the need for anal fissure treatments. This is backed by vulnerability of the elderly which find it difficult to pass stools properly. According to the American Gastroenterological, nearly 33% of Americans above 60 experience the condition. Request Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/3841 Unhealthy lifestyles adopted by pat...
Read more