• The global cell culture market is expected to expand at a CAGR of 7.1 % during the forecast period ( 2016 – 2024 ). The increase in number of cancer patients globally is expected to favor the market for cell culture in the near future . According to , Surveillance Research Program , in NCI ' s Division of Cancer Control and Population Sciences , based on data available between 2009 and 2013 , number of new cases of cancer of any site was 448.7 per 100,000 per year .
• The instrument product type segment in the global cell culture market was estimated to be the largest in 2015 and is expected to dominate the market throughout the forecast period in terms of value . Rise in number adoption for vaccination worldwide in lower and middle-income countries in terms of volume . According to W . H . O , in 2016 , around 19.4 million infants are still deprived of necessary vaccinations .
• The cancer research application segment is expected to expand at a CAGR of 8.0 % during the forecast period . This is expected to support the market on the backdrop of increase in global biopharmaceutical market due to the costeffectiveness and high efficacy of the products .
• The global cell culture market is characterized by rise in focus on biopharmaceutical and other biological products . For instance , according to McKinsey & Company , in 2015 , biopharmaceuticals contributes to around 20 %, which is around US $ 163 billion of the total pharma market . This is expected to increase and to support the cell culture market .
• Some of the major players are Becton , Dickinson and Company , EMD Millipore , Sartorius AG , Merck KGAA , Biospherix , Sigma-Aldrich Corporation , Biovest International Inc . Cell Culture Company , LLC .
This report segments the global cell culture market on the basis of products , applications , end user , and geography . On the basis of product type , the market is segmented into consumables and instruments . The consumables market is categorized into media , sera , and reagents . The instruments market is categorized