Cell Culture Media Storage Containers Market, By Product Type, By Application, By End-User, By Country, and By Region - Industry Analysis, Market Size, Market Share & Forecast from 2023-2030
Cell Culture Media Storage Containers Market size was valued at USD 1,790 Million in 2022, expanding at a CAGR of 14% from 2023 to 2030.
Cell culture media storage containers play a crucial role in the field of cell culture and biotechnology. These containers are specifically designed to store and preserve cell culture media, which is a vital component in the growth and maintenance of cells in a laboratory setting. The proper storage of cell culture media is extremely important as it guarantees the integrity of the media components and the success of cell culture experiments. Cell culture work often requires adherence to specific regulations and standards, such as Good Cell Culture Practice (GCCP) or Good Manufacturing Practice (GMP). Containers must meet these standards to ensure the quality and reproducibility of experimental results.
Cell Culture Media Storage Containers Market- Market Dynamics
Increasing demand for biopharmaceuticals and growing advancement in cell-based therapies are expected to drive the growth of the market
The production of biopharmaceuticals involves complex cell culture processes, and as the demand for these drugs rises, there is a need for specialized storage containers to preserve the integrity of the cell culture media. The United States is the largest market for biopharmaceuticals, accounting for a significant portion of the global market and leading in biopharmaceutical R&D. According to the Pharmaceutical Research and Manufacturers Association (PhRMA), biopharmaceutical firms spent about USD97 billion on R&D in the U.S. in 2017- more than any other industry. Cell-based therapies, such as gene therapies and immunotherapies, are also gaining prominence in the healthcare industry. Technological innovations in cell culture, such as 3D cell culture and advanced bioreactor systems, present opportunities for the Cell Culture Media Storage Containers Market. However, the market growth may be hindered by factors such as increasing awareness of sustainability and environmental impact, which can influence purchasing decisions.
Cell Culture Media Storage Containers Market- Key Insights
As per the analysis shared by our research analyst, the global Cell Culture Media Storage Containers market is estimated to grow annually at a CAGR of around 14% over the forecast period (2023-2030)
Based on product type segmentation, Storage Bags was predicted to show maximum market share in the year 2022
Based on application segmentation, Biopharmaceutical Production was the leading type in 2022
Based on End-User segmentation, Pharmaceutical & Biotechnology Companies were the leading type in 2022
On the basis of region, North America was the leading revenue generator in 2022
Cell Culture Media Storage Containers Market- Segmentation Analysis:
The Global Cell Culture Media Storage Containers Market is segmented on the basis of Product Type, Application, End-User, and Region.
The market is divided into three categories based on product type: Storage Bags, Storage Bottles, Storage Bins & Drums and Other. The market is predominantly controlled by the Pharmaceutical & Biotechnology Companies sector. These companies frequently participate in the production of biopharmaceuticals, utilizing living cells to manufacture therapeutic proteins, vaccines, and other biological drugs.
The market is divided into three categories based on Application: Biopharmaceutical Production, Tissue Engineering and Regenerative Medicine, and Diagnostics. The market is primarily controlled by the Biopharmaceutical Production segment. Biopharmaceutical production encompasses the production of drugs and therapeutic proteins by utilizing living cells, usually in a laboratory environment. The cultivation and growth of cells in a controlled setting, known as cell culture, plays a vital role in biopharmaceutical production. It is imperative to store cell culture media appropriately to ensure the cells' viability and productivity are maintained.
The market is divided into three categories based on End-User: Pharmaceutical & Biotechnology Companies, CROs & CMOs and Academic & Research Institutes. The Pharmaceutical & Biotechnology Companies segment dominates the market. Pharmaceutical and biotechnology companies often engage in biopharmaceutical production, where living cells are used to produce therapeutic proteins, vaccines, and other biological drugs.
Cell Culture Media Storage Containers Market- Geographical Insights
Geographically, this market spans across various regions including North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further categorized based on the countries involved in business activities. The growth of the market is expected to be dominated by North America, primarily due to its well-established infrastructure, advanced facilities, and a strong manufacturing industry. In particular, the United States possesses a highly developed infrastructure that supports the biopharmaceutical and biotechnology sectors. In 2018, the U.S. spent 16.9 percent of gross domestic product (GDP) on health care, nearly twice as much as the average OECD country. The second-highest ranking country, Switzerland, spent 12.2 percent. At the other end of the spectrum, New Zealand and Australia devote only 9.3 percent, approximately half as much as the U.S. does, according to U.S. Health Care from a Global Perspective. Despite these challenges, the region boasts a robust and highly advanced manufacturing industry, particularly in the field of biopharmaceuticals. With a significant number of biotech companies and pharmaceutical manufacturers, there is a consistent need for cutting-edge storage solutions, including containers for cell culture media.
Cell Culture Media Storage Containers Market- Competitive Landscape:
To ensure the integrity of their final products, many biopharmaceutical manufacturers have transitioned from using media containing animal-derived components. They have also adopted media with plant-based hydrolysates to minimize the variability of raw materials, which can impact the quality and productivity of the products. However, the development of CD media presents its own challenges. CD media can be sensitive to changes in raw material sources and the mixing and blending processes involved in production. Additionally, storage conditions are crucial for maintaining the quality of CD media. To remain competitive, companies are investing in material innovation to enhance the quality and performance of storage containers. The use of innovative materials offers advantages such as improved gas permeability, reduced leachables and extractables, and increased durability. Companies with a global presence and efficient distribution networks have a stronger competitive position. The ability to supply Cell Culture Media Storage Containers to research institutions, biopharmaceutical companies, and other end-users worldwide is a key factor in gaining market share.
Recent Developments:
March 22, 2021 Thermo Fisher Scientific today launched the new Gibco Human Plasma-like Medium (HPLM), the first cell culture medium on the market that mimics the metabolic profile of human plasma that is designed to provide researchers with a realistic view of cell growth within the human body.
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL CELL CULTURE MEDIA STORAGE CONTAINERS MARKET KEY PLAYERS
Thermo Fisher Scientific Inc.
Merck KGaA
Danaher
Sartorius AG
Greiner Bio-One International GmbH
Corning Incorporated
VWR International, LLC.
Saint Gobain
Diagnocine
HiMedia Laboratories
Others
GLOBAL CELL CULTURE MEDIA STORAGE CONTAINERS MARKET, BY PRODUCT TYPE
Storage Bags
Storage Bottles
Storage Bins & Drums
Other
GLOBAL CELL CULTURE MEDIA STORAGE CONTAINERS MARKET, BY APPLICATION
Biopharmaceutical Production
Tissue Engineering and Regenerative Medicine
Diagnostics
GLOBAL CELL CULTURE MEDIA STORAGE CONTAINERS MARKET, BY END-USER
Pharmaceutical & Biotechnology Companies
CROs & CMOs
Academic & Research Institutes
GLOBAL CELL CULTURE MEDIA STORAGE CONTAINERS MARKET, BY REGION
North America
The U.S.
Canada
Europe
Germany
France
Italy
Spain
United Kingdom
Russia
Netherlands
Sweden
Poland
Rest of Europe
Asia Pacific
India
China
South Korea
Japan
Australia
Thailand
Indonesia
Philippines
Rest of APAC
Latin America
Brazil
Mexico
Argentina
Colombia
Rest of LATAM
The Middle East and Africa
Saudi Arabia
United Arab Emirates
Israel
Turkey
Algeria
Egypt
Rest of MEA
Table of Contents
1. Cell Culture Media Storage Containers Market Overview
1.1. Study Scope
1.2. Market Estimation Years
2. Executive Summary
2.1. Market Snippet
2.1.1. Cell Culture Media Storage Containers Market Snippet by Product Type
2.1.2. Cell Culture Media Storage Containers Market Snippet by Application
2.1.3. Cell Culture Media Storage Containers Market Snippet by End-User
2.1.4. Cell Culture Media Storage Containers Market Snippet by Country
2.1.5. Cell Culture Media Storage Containers Market Snippet by Region
2.2. Competitive Insights
3. Cell Culture Media Storage Containers Key Market Trends
3.1. Cell Culture Media Storage Containers Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Cell Culture Media Storage Containers Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Cell Culture Media Storage Containers Market Opportunities
3.4. Cell Culture Media Storage Containers Market Future Trends
4. Cell Culture Media Storage Containers Industry Study
4.1. PEST Analysis
4.2. Porter's Five Forces Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. Cell Culture Media Storage Containers Market: COVID-19 Impact Analysis
5.1. Pre-COVID-19 Impact Analysis
5.2. Post-COVID-19 Impact Analysis
5.2.1. Top Performing Segments
5.2.2. Marginal Growth Segments
5.2.3. Top Looser Segments
5.2.4. Marginal Loss Segments
6. Cell Culture Media Storage Containers Market Landscape
6.1. Cell Culture Media Storage Containers Market Share Analysis, 2022
6.2. Breakdown Data, by Key Manufacturer
6.2.1. Established Players' Analysis
6.2.2. Emerging Players' Analysis
7. Cell Culture Media Storage Containers Market - By Product Type