Cell And Tissue Culture Incubators Market size is estimated to reach ~USD 5 Billion by the end of 2035 by growing at a CAGR of ~7% over the forecast period, i.e., 2023 – 2035. In addition to this, in the year 2022, the market size of cell and tissue culture incubators was ~USD 3 Billion. The growth of the market can be attributed to the increasing number of chronic diseases. The desire for novel medicines and treatments is being driven by the rising prevalence of chronic diseases such as cancer, diabetes, and autoimmune disorders. For instance, several of these therapies are based on cell and gene therapies, which call for the utilization of sophisticated cell culture methods and premium incubation equipment. By 2030, there will be over 40 million more Americans who suffer from chronic illnesses.
In addition to these, factors that are believed to fuel the market growth of cell and tissue culture incubators include the rise in technological advancements. Technology advancements have resulted in the creation of more advanced cell and tissue culture incubators. For instance, some incubators now come equipped with enhanced imaging capabilities, and remote monitoring, which are increasing the demand in industrial and research environments.
Base Year |
2022 |
Forecast Year |
2023-2035 |
CAGR |
~7% |
Base Year Market Size (2022) |
~ USD 3 Billion |
Forecast Year Market Size (2035) |
~ USD 5 Billion |
Regional Scope |
|
Growth Drivers
Challenges
The cell and tissue culture incubators market is segmented and analyzed for demand and supply by end-user into pharmaceuticals, biomedical, academics, and IVF centers. Out of the four end-users of cell and tissue culture incubators, the IVF centers segment is estimated to gain the largest market share in the year 2035. The growth of the segment can be attributed to the growing frequency of IVF treatments being carried out. The demand for premium cell culture incubators is growing along with the number of IVF treatments. For instance, in IVF centers, cell culture incubators are crucial equipment for growing and keeping embryos in a controlled environment. In addition, the embryos are often cultivated in a lab for a few days before being transferred to boost the chances of success. Cell culture incubators are necessary to maintain the best conditions possible for the embryos to develop and thrive during this process. According to statistics, approximately 2 million IVF procedures are carried out annually throughout the world.
The cell and tissue culture incubators market is also segmented and analyzed for demand and supply by application into research, bioproduction, and diagnostics. Amongst these three segments, the research pharmacies segment is expected to garner a significant share in the year 2035. Incubators for cell and tissue culture are necessary instruments for preserving and developing cells and tissues in a controlled environment, which is critical for a variety of research applications. For instance, scientists employ cell culture methods to examine the effects of various medications, evaluate the efficacy and safety of novel treatments, and look into the molecular causes of disease. This, as a result, is anticipated to create numerous opportunities for the growth of the segment in the coming years.
Our in-depth analysis of the global cell and tissue culture incubators market includes the following segments:
By Type |
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By Application |
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By End User |
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The market share of cell and tissue culture incubators in North America, amongst the market in all the other regions, is projected to be the largest with a share of about ~35% by the end of 2035. The growth of the market can be attributed majorly to the increasing frequency of diseases such as cancer. There will would be a greater need for cancer research and treatment development owing to rising cancer cases in the region. In consequence, it is anticipated that this would result in an increased demand for cell and tissue culture incubators. For instance, cell and tissue culture incubators are widely used in cancer research and medication development since they provide the ideal conditions for cell and tissue growth and preservation. Further, the growing technological advancements in the region, along with the availability of a large number of incubators manufacturers, are also anticipated to contribute to the market growth in the region. In addition, the growing demand at research institutes and centers for cutting-edge cell culture incubators in the region is also anticipated to boost market growth during the forecast period. In the United States, there were over 609,000 cancer deaths and an estimated 1 million newly diagnosed cancer cases in 2022.
The European cell and tissue culture incubators market is estimated to hold the second-largest share by the end of 2035. The growth of the market can be attributed majorly to the enhanced flexibility in government rules and regulations for the region's research operations. Research institutions in the area can undertake research and development more effectively and with a less regulatory burden as government laws and regulations are more flexible. As a result, researchers are likely to have easier access to financing and resources for their further studies, which may increase the demand for cell and tissue culture incubators. Further, the favorable regulatory standards in the region, along with the growing biotech and pharmaceutical industry, are also anticipated to contribute to the market growth in the region.
Further, the market in the Asia Pacific region, amongst the market in all the other regions, is projected to hold a majority of the share by the end of 2035. The growth of the market can be attributed majorly to the increasing focus on cell culture-based vaccine production. For instance, the demand for specialist equipment, including incubators, is projected to rise as more biotech and pharmaceutical firms in the area turn to cell culture-based approaches for vaccine production. Further, the growing awareness of cell and gene therapy in the region, along with the increasing popularity of scientific technologies, is also anticipated to contribute to the market growth in the region.
Author Credits: Radhika Gupta, Shivam Bhutani
Ans: Rising geriatric population and the growing drug development are the major factors driving the market growth.
Ans: The market size of cell and tissue culture incubators is anticipated to attain a CAGR of ~7% over the forecast period, i.e., 2023 – 2035.
Ans: High price of incubators and the potential for a critical error are estimated to be the growth-hindering factors for the market expansion.
Ans: The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
Ans: The major players in the market are Thermo Fisher Scientific Inc., Bionics Scientific Technologies (P) Ltd., BioSpherix, Ltd, Adolf Kühner AG, Acmas Technologies Inc., Cole-Parmer Instrument Company, LLC, Sheldon Manufacturing, Inc., and others.
Ans: The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.
Ans: The market is segmented by type, application, end-user, and by region.
Ans: The IVF Centers segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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