Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 170.29 Million | USD 323.77 Million | 7.4% | 2023 |
According to the report published by Zion Market Research, the global Balanced Salt Solution For Cell Culture Market size was valued at USD 170.29 Million in 2023 and is predicted to reach USD 323.77 Million by the end of 2032. The market is expected to grow with a CAGR of 7.4% during the forecast period. The report analyzes the global Balanced Salt Solution For Cell Culture Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Balanced Salt Solution For Cell Culture industry.
A combination or mixture of the inorganic salts is called the balanced salt solution and it is generally used as a carbohydrate for the energy source. The balanced salt solutions are used for maintaining the mammalian cells for a short period of time when their growth is outside their regular environment and it is also used as a cell rinsing solution. The solutions offer appropriate osmotic pressure for the cells and protect them against the pH fluctuations throughout the lab manipulations.
The global market for the balanced salt solution for the cell structure is fragmented into its product, application, and end-user.
On the basis of product, the global market is segregated into Earle's balanced salt solutions (EBSS), Dulbecco's phosphate-buffered saline (DPBS), Hank's balanced salt solutions (HBSS), and others.
On the basis of application, the market is categorized into cancer research, drug screening & development, biopharmaceuticals\therapeutics, stem cell technology, genetic engineering, and others.
On the basis of the end-users, the market is divided into pharmaceutical & biotechnology companies and research institutes.
The major factors that are contributing to the market growth of the balanced salt solution for the cell structure are a rise in the approvals by the regulatory bodies for the production of the vaccines with the help of cell culture and the growing importance for the monoclonal antibodies. The development in the investments that are being made for the research activities that deals with the technological advancements in the cell culture propels the growth of the market. Owing to all these factors the market is growing at a good speed. There are also certain factors that are restraining the growth of the market such as the lack of the infrastructure for the cell culture research and the high cost of the research activities for the cell culture.
Report Attributes | Report Details |
---|---|
Report Name | Balanced Salt Solution For Cell Culture Market |
Market Size in 2023 | USD 170.29 Million |
Market Forecast in 2032 | USD 323.77 Million |
Growth Rate | CAGR of 7.4% |
Number of Pages | 209 |
Key Companies Covered | Lonza Group Ltd., EMD Millipore, Corning Life Sciences B.V., PromoCell GmbH., IB Biological Industry, Thermo Fisher Scientific Inc., Dickinson & Co., Becton, Wheaton Industries Inc., and Sigma-Aldrich Co. LLC |
Segments Covered | By product, By application, By end-user and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
According to the regional study, the global market for the balanced salt solution for cell culture is diversified into Eastern Europe, North America, Asia Pacific, Latin America, Western Europe, and the Middle East and Africa. The region that is dominating the balanced salt solution for the cell structure market is the North America. The region that is following the North American region is Europe. The factors that are contributing to the market growth include the development in the media demands that are animal component free and the advancements that are made in the techniques of the cell culture. In the European region, the research industry has developed significantly thus contributing to the market growth. The market in Asia Pacific will be growing in the coming years.
The key market players that are involved in the balanced salt solution for cell structure include
By Product
By Application
By End-Users
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