Cell Culture Consumables Market - Regional Analysis
North American Market Insights
The cell culture consumables market in the North America is estimated to hold the largest revenue share of 32% by the end of the forecast period. The increase in research into stem cells and cancer, the increased expenditure on healthcare at the local level as well and the presence of major industry participants are also contributing to the growth of the market in the region. Danaher, Thermo Fisher, General Electric, and Corning are market players based in North America that drive the market growth in the region. They invest considerable sums of money in research and development, as well as new production facilities with the necessary equipment for cell culture processing.
APAC Market Insights
The APAC cell culture consumables market is set to grow substantially during the anticipated period. The APAC region has large and growing number of skilled labors. This labor is available at low cost as compared to other regions which is making the region an attractive destination cell culture research and manufacturing as a result driving the market expansion in the region.
