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(Medical-NewsWire.com, September 11, 2018 ) Market Overview:
In the year 2018, Global Cell Culture Market was valued at USD 15.25 Billion. By the year 2023, it is predicted to reach USD 25.12 Billion with pace of 10.5% CAGR. The development of biopharmaceuticals has realized an extraordinary increment in the interest for cell culture items. Strategies utilized for cell culture are a large portion of 10 years old yet just connected underway or a large portion of that time. It rose in the 80s with the use of recombinant DNA technology and has being major supporting of the biopharmaceutical market.
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Increasing in products of customized cell culture and researches and developments are estimated to drive the market in forecasted period.
Factors affecting market growth:
Increasing investment for healthcare. (+)
Researches, conferences and increasing number of workshops. (+)
Major tie-ups between companies and development strategies of companies. (+)
High costs incurred in researches. (-)
Expensive prices of equipment used for cell culture. (-)
Lack of infrastructure for cell-based research. (-)
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Market Segmentation
Global Cell Culture Market is segmented on the basis of
Product
o Equipment That Includes Bioreactors
o Cell Culture Vessels
o Cell Culture Storage Equipment
o Consumables
· Sera
· Media
· Reagents
o Bioreactor Accessories
Application
o Biopharmaceutical
o Cancer Research
o Stem Cell Technologies
o Drug Screening and Development
o Tissue Engineering & Regenerative Medicine and Other Applications
· End User
o Pharmaceutical & Biotechnology Companies
o Research Institutes
Market is segmented depending upon the several factors. Pharmaceutical and biotechnology segment is estimated to claim the major share of the market in forested period.
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Key players:
The major shareholders of the Global Cell Culture Market include Hi-Media Laboratories, Promocell GmbH, Dickinson and Company, Corning, Becton, Lonza AG, Eppendorf AG, Sartorius AG, Merck KGaA, GE Healthcare, and Thermo Fisher Scientific.
Market Data Forecast.
Abhishek Shukla
+1-888-702-9626
abhishek@marketdataforecast.com
Source: EmailWire.Com 
Source: EmailWire.com
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