Cell culture media storage containers refer to vessels designed to maintain the integrity of cell culture media. These containers offer tight-sealing lids or caps to prevent evaporation and maintain optimal conditions for cell growth. The cell culture media storage containers come in various sizes and shapes to accommodate different volumes of media and fit into various laboratory equipment.
Sizing and Forecast
The cell culture media storage containers market size has grown rapidly in
recent years. It will grow from $2.18 billion in 2023 to $2.51 billion in 2024
at a compound annual growth rate (CAGR) of 15.1%. The growth in the historic period can be
attributed to the demand for cell-based therapies rose, research activities in
the life sciences increased, the biopharmaceutical industry grew, the demand
for personalized medicine heightened, and the biotechnology sector expanded.
The cell culture media storage containers market size is expected to see rapid
growth in the next few years. It will grow to $4.44 billion in 2028 at a
compound annual growth rate (CAGR) of 15.3%.
The growth in the forecast period can be attributed to expanding
regenerative medicine applications, emerging cell therapy technologies, growing
demand for 3D cell culture systems, adoption of automated cell culture
processes, and increasing focus on cell-based assays. Major trends in the
forecast period include increased adoption of single-use systems, development
of eco-friendly packaging options, integration of smart technology for monitoring
and control, customization and modular designs for flexible use, and emphasis
on traceability and quality assurance in storage solutions.
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Segmentation & Regional Insights
The cell culture media storage containers market covered in this report is
segmented –
1) By Product: Storage Bag, Storage Bottle, Storage Bin And Drum, Other
Products
2) By Application: Biopharmaceutical
Production, Tissue Engineering, Diagnostic, Regenerative Medicine
3) By End Use: Pharmaceutical And Biotechnology Companies, Contract Research
Organizations And Contract Manufacturing Organizations, Academic And Research
Institutes
North America was the largest region in the cell culture media storage
containers market in 2023. Asia-Pacific is expected to be the fastest-growing
region in the forecast period. The regions covered in the cell culture media
storage containers market report are Asia-Pacific, Western Europe, Eastern
Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
The rising focus on personalized medicine is expected to propel the cell
culture media storage containers market going forward. Personalized medicine,
also known as precision medicine, is a medical approach that tailors treatment
and healthcare practices to the individual characteristics of each patient. The
rising focus on personalized medicine is due to the need for more targeted and
effective treatments and advancements in genomics and precision healthcare
technologies. Cell culture media storage containers are utilized in
personalized medicine formation to maintain and preserve cell cultures,
enabling the production of patient-specific therapies and personalized
treatments. For instance, in February 2024, according to the Personalized
Medicine Coalition, a US-based organization promoting the adoption of
personalized medicine, the U.S. Food and Drug Administration approved 16 new
personalized treatments for rare disease patients, up from 6 in 2022.
Therefore, the rising focus on personalized medicine drives the growth of the
cell culture media storage containers market.
Key Industry Players
Major companies operating in the cell culture media storage containers market
are Merck KGaA, Thermo Fisher Scientific Inc, FUJIFILM Holdings Corporation,
Becton Dickinson and Company, Corning Incorporated, Medline Industries Inc,
Avantor Inc, Danaher Life Sciences LLC, Lonza Group AG, Sartorius AG, Bio-Rad
Laboratories Inc, Eppendorf AG, STEMCELL Technologies Inc, Greiner Bio-One International
GmbH, Hamilton Company, SARSTEDT AG & Co KG, Cole-Parmer Instrument Company
LLC, BioLife Solutions Inc, DWK Life Sciences, MP Biomedicals LLC, HiMedia
Laboratories Pvt Ltd, OriGen Biomedical Inc, ThermoGenesis Holdings Inc,
CELLTREAT Scientific Products, TPP Techno Plastic Products AG
The cell culture media storage containers market report table of contents
includes:
1. Executive Summary
2. Cell
Culture Media Storage Containers Market Characteristics
3. Cell
Culture Media Storage Containers Market Trends And Strategies
4. Cell
Culture Media Storage Containers Market - Macro Economic Scenario
5. Global
Cell Culture Media Storage Containers Market Size and Growth
.
32. Global
Cell Culture Media Storage Containers Market Competitive Benchmarking
33. Global
Cell Culture Media Storage Containers Market Competitive Dashboard
34. Key
Mergers And Acquisitions In The Cell Culture Media Storage Containers Market
35. Cell
Culture Media Storage Containers Market Future Outlook and Potential Analysis
36.
Appendix
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