Automated Cell Culture Equipment Market: Information by Lab Automation Type (Modular Automation and Whole Lab Automation), by Product Type (Consumables, Equipment and Software), Application (Biopharmaceutical Production, Tissue Engineering, Vaccine Production, Gene Therapy & Regenerative Medicine, Stem Cell Therapy, Toxicity Testing and Diagnostics), End User (Pharmaceutical & Biotechnology Companies, Research and Academic Institutes and Hospitals and Diagnostic Laboratories) - Forecast till 2027
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It is expected that the automated cell culture equipment market share will grow with a CAGR of 12.04%. It is expected to reach USD 4,906.53 Million by the end of 2025.
Segment Analysis
The Global Automated Cell Culture Equipment Market has been segmented into lab automation type, product type, application, and end-user.
Based on the lab automation type, the global automated cell culture equipment market has been segmented into modular automation and whole lab automation. The modular automation segment accounted for the largest market share of 67.20% in 2018, with a market value of USD 1484.16 million, which is projected to register a CAGR of 11.68% during the forecast period. On the basis of product type, the global automated cell culture equipment market has been classified into consumables, equipment, and software.
Based on application, the global automated cell culture equipment market is segmented into biopharmaceutical production, tissue engineering, vaccine production, drug screening and development, gene therapy & regenerative medicine, stem cell therapy, toxicity testing, diagnostics, and others.
On the basis of end-user, the global automated cell culture equipment market has been segmented into pharmaceutical & biotechnology companies, research and academic institutes, and hospitals and diagnostic laboratories, and others.
Regional Analysis
The global automated cell culture equipment market has been segmented based on region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.
The existence of key market players, a well-developed healthcare infrastructure, significant per capita healthcare spending, high funding for research & development, focused research on cancer along with grants from government healthcare agencies, and high adoption of advanced medical technologies in the US and Canada are likely to support the dominance of the Americas on this market during the forecast period. According to the American Cancer Society, in 2019, an estimated 1,762,450 new cancer cases are expected to be diagnosed. The US expenditure for cancer care was approximately USD 147.3 billion in 2017. This high incidence of cancer cases and growing investment in R&D to develop new treatment options is expected to drive the American automated cell culture equipment market during the forecast period.
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Market Players
Market Research Future (MRFR) recognizes Tecan Trading AG, Hamilton Company, Beckman Coulter, Inc., Pfizer Inc., Hitachi, Ltd, F. Hoffmann-La Roche Ltd., Thermo Fisher Scientific Inc., Anton Paar GmBH, Sartorius AG, Perkinelmer, Inc., and Siemens as the key players in the global automated cell culture equipment market.
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