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Bacterial Cell Culture Market Drivers, Restraints, Opportunities, Challenges, Technology Trends & Assessment | Global Industry Size, Share, Analysis and Forecast to 2023
Apr 26, 2019 (AB Digital via COMTEX) —
Market Research Future (MRFR) has published a research report about the global bacterial cell culture market according to which, the market is expected to experience decent growth during the forecast period between 2018 and 2023. The key factors driving the growth for global bacterial cell culture market include growing demand for advanced antibiotics and increasing investments for life science research and development (R & D). Other important factors include increased use of bacterial cell culture to check the contamination in the animal feed, and the rising applications of the bacterial cell in the field of pharmaceuticals, cosmetics & food & beverages. However, the speed of market growth can hit breaks due to factors like contamination concerns, high capital investment, high costs of consumables & instruments, and untrained professionals.
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The global bacterial cell culture market has been segmented on the basis of application, consumable, end-user, instruments, and lastly region. The segmentation based on application covers agricultural research, animal feed testing, bioenergy production, food testing, water testing, and others. The consumable-based segmentation segments the market into media, reagents, and others. Based on end users, the market has been segmented into academic & research institutes, biotechnology companies, diagnostic centers, hospital & clinics, and the pharmaceutical industry. As per instruments-based segmentation, the market has been segmented into biosafety cabinet, centrifuge, incubator, and spectrophotometer.
The regional segmentation of the global bacterial cell culture market segments the market into continent-based regional markets namely The Americas (North America & South America), Europe, Asia Pacific, and the Middle East & Africa (MEA). The Americas is the largest regional market. At the moment, North America is ruling the market with its well-structured biopharmaceuticals and life science industries that are continuously developing new products. In this region, the most important country-specific markets are the United States of America (USA) and Canada. Compared to North America, South America is a smaller market because technologically, it is less advanced than North America. Here, the strongest economies that have the potential to emerge is powerful markets are Argentina and Brazil.
Europe is the second largest market. Due to reasons same as the Americas, Western Europe is a bigger market than Eastern Europe. In Western Europe, the cream of whole market revenue comes from France, Germany, Italy, Spain, and the United Kingdom (UK), followed by the rest of Western Europe.
The Asia Pacific region has the potential to emerge as an important market due to high patient population, increasing R&D, and improving medical facilities in this region. The important country-specific markets in this region are Australia, China, India, Japan, and South Korea, followed by the rest of Asia Pacific.
In the MEA region, the market is small and limited. Reasons for the limited market growth in this region are lack of awareness, lack of education, lack of technological development, political instability and healthcare not being considered a priority by the government. The significant country-specific markets in this region are Kuwait, Oman, Qatar, Saudi Arabia, and United Arab Emirates (UAE), followed by the rest of the MEA region.
The key players in the global bacterial cell culture market include Becton Dickinson and Company (USA), bioMérieux S.A. (France), Bio-Rad Laboratories, Inc. (the USA), Culture Media & Supplies Inc. (USA), Eiken Chemical Co, Ltd. (Japan), EMD (Merck) Millipore (USA), HiMedia Laboratories Pvt. Ltd. (India), Neogen Corporation (USA), Scharlab S.L. (Spain), ScienCell Research Laboratories Inc. (USA) and Thermo Fisher Scientific Inc. (USA).
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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), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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