Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 21.19 Billion | USD 45 Billion | 11.2% | 2021 |
FrequentlyAsked Questions
Extensive R&D in pharmaceutical and biotechnology sectors along a rise in the number of medical cases, chronic diseases, and rising pressure on medical experts to come up with solutions for diseases that have long prevailed without any medical solution like AIDS, cancer, diabetes is projected to propel the need for cell and tissue culture supplies in the coming years.
As per Zion Market Research, the global cell and tissue culture supplies market was at a market value of $21.19B in 2021 and is expected to generate a revenue of $45B by 2028 while growing at a CAGR of 11.2% during the forecast period.
North America dominated the global market in the previous years and is expected to follow the same trend in the coming years owing to the existence of large-scale cell and tissue culture supplies manufacturers along with the ready availability of monetary support from the government. The rising need for more exhaustive studies on cells and tissues may propel regional growth.
Some of the players in the global cell and tissue culture supplies market are Danaher Corporation, Merck KGaA, Fisher Scientific Inc., Sartorius AG, Dickinson and Company, Lonza Group, and Eppendorf AG
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