In its new market study, Future Market Insights (FMI) estimates global cell culture media bags market will Expanding at an impressive CAGR of 10.8%, the global cell culture media bags market is projected to increase from a valuation of US$ 1.18 Billion in 2022 to US$ 2.67 by the end of 2030.
The report attributes the growth of the market to soaring demand for disposable packaging solutions in life sciences R&D activities and manufacturing of biopharmaceuticals.
Moreover, the emergence of innovative techniques such as four-layered films, which provide exceptional oxygen and moisture barrier properties, is also expected to boost demand.
Having analyzed the impact of the COVID-19 pandemic, the report opines that increasing health concerns and high emphasis on biopharmaceutical research will augur well for market growth during the assessment period.
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Key Takeaways
- 2D bag designs are expected to account for over half of the market value, owing to their high flexibility
- Very large bags (>3000 ml) will remain the most sought out size, owing to low contamination properties
- By host cell, the bacterial cell segment is projected to account for the majority of market value, ascribed to an increasing number of studies on diseases caused by bacteria.
- Biopharmaceutical manufacturing will remain a key end-use segment, capturing over 2/3rds of market value through the forecast period.
- US will remain the largest market for cell culture media bags globally.
“Market players are investing in new product innovation and are focusing on procuring FDA approvals to facilitate wide-scale deployment,” remarks FMI analyst.
COVID-19 Impact
The outbreak of COVID-19 is expected to positively influence the demand for cell culture media bags as players operating in the healthcare and pharmaceutical sectors emphasize on high quality and safe packaging and storing solutions. Moreover, an upsurge in the number of studies and researches during the pandemic to develop a vaccine is, in turn, propelling demand for cell culture media bags.
Likewise, the need for disposable and single-use solutions for applications such as large-scale purification, cell storage, protein purification, and polishing applications in the biopharmaceutical market will continue to offer remunerative opportunities to market players through the pandemic period.
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Who is Winning?
Cell culture media bags manufacturers are focusing on developing solutions that address the key challenges such as recycling of multilayer flexible packaging consisting of plastic and barrier materials. Moreover, new product development and strategic partnerships have been identified as key growth strategies adopted by market players.
- In April 2019, Thermo Fisher Scientific launched a new immunoassay – CEDIA Mitragynine (Kratom) Assay – for kratom alkaloid mitragynine screening solely for criminal justice and forensic applications.
- In August, 2015, Rim Bio partnered with Playmouth based Sentrol for sales and distribution of its single-use bio containers across the United States.
FMI’s report includes profiles of some of the most prominent names in the market including Parker Hannifin Corp, Pall Corporation, Sartorious AG, Thermo Fisher Scientific Inc., and GE Healthcare Inc.
To Know More About Cell Culture Media Bags Market
A new market research report published by Future Market Insights (FMI) on the global cell culture media bags market offers a blueprint of the market. It offers insights into demand trends and provides analysis of opportunities over the forecast period, 2020-2030. The report examines the market through four different segments – bag size, bag design, application, hostel cell, end-use, and region. The report also provides extensive assessment of pricing by different key market dynamics, life cycle analysis, and technologies that are being deployed in the supply and product adoption across several end-use industries.
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Key Segments of Cell Culture Media Bags Industry Survey
Cell Culture Media Bags Market by Bag Size:
- Very Small Bags (< 150 ml)
- Small Bags (151 – 500 ml)
- Medium Sized Bags (501 – 1000 ml)
- Large Bags (1001- 3000 ml)
- Very Large Bags (>3000 ml)
Cell Culture Media Bags Market by Application:
- Storage
- Mixing
- Processing
- Gas Exchanges
- Heat Transfer
- Turbidity
- Flow Rate Monitoring
- Pressure
- Viscosity
Cell Culture Media Bags Market by Host Cell:
- Mesenchymal Cells
- Plant Cells
- Insect Cells
- Bacteria Cells
- Yeast Cells
- Chinese Hamster Ovary
- Baby Hamster Kidney
Cell Culture Media Bags Market by Bag Design:
- 2D Cell Culture Media Bags
- 3D Cell Culture Media Bags
Cell Culture Media Bags Market by End Use:
- Life Science R&D
- Biopharmaceutical Manufacturers
Cell Culture Media Bags Market by Region:
- North America Cell Culture Media Bags Market
- Latin America Cell Culture Media Bags Market
- Europe Cell Culture Media Bags Market
- East Asia Cell Culture Media Bags Market
- South Asia & Pacific Cell Culture Media Bags Market
- Middle East & Africa (MEA) Cell Culture Media Bags Market
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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