Thermo Fisher Scientific (US) and Danaher Corporation (US) are Leading Players in the Cell Culture Market
The global cell culture market is projected to reach USD 51.3 billion by 2028 from USD 27.9 billion in 2023, at a CAGR of 12.9% during the forecast period of 2023 to 2028. The growth of this market is majorly driven by the government support and funding for cell-based research, and emerging cell culture technologies for cell-based vaccines. On the other hand, the limitations in producing high-density cell cultures is restraining the growth of this market.
The global cell culture market is a consolidated market, with Thermo Fisher Scientific (US), Danaher Corporation (US), Merck KGaA (Germany), Sartorius AG (Germany), Corning Incorporated (US) together accounting for ~70–75% of the global market.
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Thermo Fisher Scientific (US) offers a complete and integrated portfolio of analytical instruments, reagents, consumables, and software services for research, discovery, analysis, diagnostics, and manufacturing. The company operates in four business segments: Life Sciences Solutions, Analytical Instruments, Specialty Diagnostics, and Laboratory Products & Services. It offers cell culture products, such as consumables, instruments, and equipment, through three segments—Life Sciences Solutions, Specialty Diagnostics, and Laboratory Products & Services. Thermo Fisher Scientific operates in more than 150 countries across North America, Europe, Latin America, and Asia. Its premier brands include Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, Unity Lab Services, and Patheon.
Danaher Corporation (US) manufactures medical, industrial, and commercial products and services. The company conducts its business through three segments: Life Sciences, Diagnostics, and Environmental & Applied Solutions. The Life Sciences segment offers a wide range of products, such as analytical instruments, reagents, consumables, software, and services for diagnostics, research, analysis, manufacturing, and drug discovery. The company’s product portfolio includes single-use mixers, bioreactors, storage systems, and packaging solutions for pharmaceutical and biopharmaceutical companies. Danaher has manufacturing and distribution facilities in North America, Europe, Asia, South America, and Australia.
Merck KGaA (Germany) is one of the world’s leading pharmaceutical, life science, and chemical manufacturing companies. Merck operates through three business segments: Healthcare, Life Science, and Performance Materials. Merck provides cell culture products through all subsegments under its Life Science segment. Merck has a strong global geographic presence, with operations in Europe, North America, Asia Pacific, Latin America, and the Middle East & Africa.
Related Reports:
Cell Culture Market by Product (Consumables (Media, Sera, Reagent), Vessel (Roller bottle, Cell Factory), Equipment (Bioreactor, Centrifuges, Incubators)), Application (mAbs, Vaccines, Diagnostics, Tissue Engineering), End User - Global Forecast to 2028
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