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From USD 19.0 billion in 2020 to USD 33.1 billion in 2025, the cell culture market is expected to grow at a CAGR of 11.8 percent over the forecast period. Growing awareness of the benefits of cell culture-based vaccines, rising demand for monoclonal antibodies (mAbs), financing for cell-based research, rising preference for single-use technologies, and the introduction of enhanced cell culture products are all driving this market forward.
Growing demand for 3D cell culture, rising dangers of pandemics and infectious diseases, and new markets are likely to provide substantial potential prospects for global Cell culture market participants. The high cost of cell biology research, on the other hand, and the absence of adequate infrastructure for cell-based research activities are the key factors limiting the market's expansion.
The COVID-19 pandemic has put a significant amount of strain on healthcare organisations all around the world. According to the WHO, 43,540,739 cases of COVID-19 have been confirmed, with 1,160,650 deaths (as of October 28, 2020). The Americas had the highest number of deaths, followed by Europe and Southeast Asia. Furthermore, governments around the world have announced country-wide lockdowns and social distancing measures in response to the COVID-19 pandemic, in order to keep their health systems from collapsing.
COVID-19 has no effective treatment currently accessible in the form of vaccinations or antiviral medicines, hence patients are managed symptomatically. According to the WHO, 70 vaccine candidates are now being developed, with three of them already being tested in human trials. Many experts throughout the world are studying SARS-CoV-2, the virus that causes COVID-19, at the forefront of the COVID-19 outbreak.
Humans are immunised against infections using cell culture-based viral vaccines all around the world. For research reasons, mammalian cell lines are currently employed to cultivate the SARS-CoV-2 virus. Culture mediums in bioproduction supply the nutrients and component cells needed for therapies to grow under controlled environmental circumstances and achieve the necessary level of pharmacological efficacy. Researchers can use cell culture goods including medium, reagents, and equipment to explore cellular activity, which will aid vaccine development. The use of cell culture technologies is intended to speed up vaccination research and development.
The development of substrates for the safe manufacture of viral vaccines is a constant process of cell culture. Researchers and producers have been driven to develop cell culture-based vaccinations due to rising global demand and tight safety regulations for innovative medicines to control and eradicate the coronavirus's spread. This trend increased demand for cell culture goods significantly in the first three quarters of 2020, and it is predicted to continue to rise in the fourth quarter of 2020 and 2021.
Cell culture is employed in the development of biological products for the treatment of a variety of ailments, including cancer and cardiovascular disease. Government and corporate groups are funding large R&D operations to develop new and novel cell therapy products around the world. For example, the California Institute for Regenerative Medicine (CIRM) funded USD 16.4 million on stem cell research in November 2017 with the goal of developing novel medicines for leukaemia, lung difficulties, and skin illness. The Government of Canada committed roughly USD 7.0 million towards stem cell research in Canada through the Stem Cell Network's competitive research funding programme in March 2020.
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