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Author
Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....
Insect Cell Culture Market: By Product Type, By Application, and Geography
Insect Cell Culture Market: By Product Type, By Application, and Geography
Insect cell culture Market size was valued at 1.9 billion in 2022 and is poised to grow at a CAGR of 8.8% from 2023 - 2029. The cultivation of insect cell lines and organs for the proliferation of entomopathogenic viruses. They are also used in for the production of recombinant proteins, due to their ability of quick multiplication of cells and protein modification. The development of genetic engineering, recombinant DNA technology, and genomic and proteomic profiling have increased the demand of cell media. In May 2018, GE Healthcare Life Sciences announced that company is increasing its annual cell culture media capacity by tenfold in its facility in Pasching, Austria.
Study Period
2024-2030Base Year
2023CAGR
8.8%Largest Market
North AmericaFastest Growing Market
Asia pacific
Increasing incidence of chronic diseases such as cancer, rise in awareness on the latest trends in cell culture technology are the major factors driving the growth of the market over the forecasted period. In addition, increase in the use of insect media as a research tool in academic and industrial research center, government support and regulatory approvals for cell cultured vaccines expected to offer significant growth for the insect cell culture market. However, stringent regulatory policies are expected the hinder the growth of the insect cell culture market in the forecasted years
Geographically, global insect cell culture market is widespread into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America is the dominating the market share of the insect cell culture market due to the increasing regulatory approvals for cell cultured based vaccines and increasing incidence of chronic diseases such as cancer. Europe is expected to show significant growth in the insect cell culture market. Asia pacific market is expected to show moderate growth over the forecasted period.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market CAGR |
8.8% |
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By Product type |
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By Application type |
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By Region |
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The insect cell culture market size was valued at US$ 1.9 billion in 2022
The insect cell culture market key players are: Life Technologies Corning (Cellgro) Sigma-Aldrich Thermo Fisher Merck Millipore GE Healthcare Lonza BD HiMedia Takara CellGenix Atlanta Biologicals PromoCell
The insect cell culture market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
Key Market Players
Author
Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthcare domain, encompassing pharmaceuticals, medical devices, and diagnostics. A graduate in Pharmacy, he possesses a strong foundation in the intricacies of the healthcare sector. He further enhanced his expertise by pursuing an MBA in Pharmaceuticals, equipping him with valuable business acumen. His analytical skills and market insights have contributed to strategic decision-making and enhanced market positioning for various healthcare organizations. Committed to driving innovation and excellence, Muni continues to seek opportunities to improve healthcare delivery through data-driven insights.