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DUBLIN--(BUSINESS WIRE)--Nov 1, 2022--
The "Cell and Tissue Culture Supplies: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Cell and Tissue Culture Supplies Market to Reach $45.3 Billion by 2027
The global market for Cell and Tissue Culture Supplies estimated at US$19.4 Billion in the year 2020, is projected to reach a revised size of US$45.3 Billion by 2027, growing at a CAGR of 12.8% over the analysis period 2020-2027.
Consumables, one of the segments analyzed in the report, is projected to record 14.1% CAGR and reach US$25.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Equipment segment is readjusted to a revised 11.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $5.3 Billion, While China is Forecast to Grow at 17% CAGR
The Cell and Tissue Culture Supplies market in the U.S. is estimated at US$5.3 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$9.8 Billion by the year 2027 trailing a CAGR of 17% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9% and 11.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 10.2% CAGR.
What's New for 2022?
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. REGIONAL MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/fcvxu9
View source version on businesswire.com:https://www.businesswire.com/news/home/20221101005855/en/
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KEYWORD:
INDUSTRY KEYWORD: BIOTECHNOLOGY HEALTH STEM CELLS
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 11/01/2022 08:18 AM/DISC: 11/01/2022 08:18 AM
http://www.businesswire.com/news/home/20221101005855/en