Double-Digit Growth Expected to Drive World Cell Culture Market to $2.6 Billion

January 12, 2007 (PRLEAP.COM) Health News
New York, January 12, 2007 — Growth in the development and production of biopharmaceuticals is the most significant driver in the world cell culture market, which is expected to grow in excess of 10% annually over the next five years, surpassing $2.6 billion by 2011, according to Cell Culture: The World Market for Media, Sera, and Reagents, a new study from market research firm Kalorama Information.

Worldwide sales of media, sera, and reagents utilized in research, process development, and biomanufacturing were expected to reach $1.5 billion in 2006, up 13% from 2005 sales. The U.S. and Europe dominate the market, with sales in the U.S. reaching $850 million in 2006.

To date, approximately 165 biopharmaceuticals have gained marketing approval in the U.S. and Europe. Nearly one in every four drugs launched on the market is a biopharmaceutical, making the supply of cell culture media and components one of the major foundations of the biopharmaceutical market.

While still contentious, stem cell research is opening up potentially lucrative avenues for the development of cell culturing protocols and technologies. Similarly, the cell culture market will continue to be strengthened by biomedical research and bioprocessing where a wide range of supply needs, including high quality media and reagents for fermentation and cell culture, will be necessary in the quest to improve cell lines.

“This is a market which shows tremendous potential as we are already seeing, for example, in the successful use of cell culture in the production of seasonal influenza vaccines which is slowly replacing the labor-intensive approach of using egg-based technology,” notes Anne Anscomb, the report’s author. “Similarly, the accelerating trend towards serum-free and chemically defined cell-culture products looks to be a positive market stimulator in the near future.”

Cell Culture: The World Market for Media, Sera, and Reagents provides a comprehensive market overview with in-depth scientific and technological background information, growth trends, market share of leading providers, details of recent mergers and acquisitions, and profiles of 28 leading players in the market. It is available from Kalorama Information by visiting http://www.kaloramainformation.com/Cell-Culture-Media-1354382. It is also available at MarketResearch.com.

About Kalorama Information
Kalorama Information, a division of MarketResearch.com, supplies the latest in independent market research for the life sciences. For more information, contact Tom Ehart at 240.747.3014 or tehart@marketresearch.com, or visit www.KaloramaInformation.com.