The global Cell Culture Protein Surface Coating market size is expected to be worth around US$ 12.3 billion by 2030, according to a new report by Vision Research Reports.
The global Cell Culture Protein Surface Coating market size was valued at US$ 413.7 million in 2020 and is anticipated to grow at a CAGR of 25.7 % during forecast period 2021 to 2030.
Growth Factors
Increasing focus on stem cell research and development is the most substantial factor that drives market growth during the forecast period. Stem cell therapy is the most promising method to treat severe medical conditions such as cardiovascular disease, brain disease, cell deficiency therapy, and blood disease. Thus, the biotechnology companies and research laboratories are adopting innovative protein surface coating products for the development of stem cells.
Rising demand for biopharmaceutical products including antibodies, vaccines, proteins, and drugs is another major factor driving the growth of the cell culture protein surface coatings market. The production of biopharmaceutical products such as monoclonal antibodies and recombinant proteins is carried out by using a cell culture technique. The protein surface coating provides improved adhesion and proliferation of cells in vitro. Thus, the demand for cell culture protein surface coating is growing at a high rate, which is estimated to drive the growth of this sector.
Report Highlights
The global cell culture protein surface coating market size was valued at USD 313.7 million in 2020 and is projected to grow at 15.7% over the forecast period. The increasing interest of scientists and biotechnology companies in research is a major factor driving the growth of the market. Cell culture protein surface coating provides improved cell adhesion and growth of in vitro cell culture. Thus, the demand for these products is increasing, which is expected to propel the growth of the market during the forecast period. The stem cell is a very effective and promising therapy to treat several severe diseases such as cancer, brain diseases, cell deficiency therapy, and cardiovascular diseases. For instance, Parkinson's and Alzheimer's disease can be treated by replacing damaged cells and tissues.
In addition, increasing the adoption of is a major factor considerably contributing to market growth. 3D cell culture is a process in which biological cells are grown in a controlled condition, wherein cells could interact with their surrounding across all three dimensions. The protein-coated cell culture instruments provide a 3D microenvironment to achieve optimal cell adhesion and proliferation. For example, Millicoat Extracellular Matrix (ECM)-Coated Plasticware delivers enhanced cell adhesion, proliferation, and differentiation of cells.
On the basis of type, the market is segmented into precoating and self-coating. In 2020, the self-coating segment was the highest revenue-generating segment. Rising investment in research and development is a key factor in boosting segment growth. The biotechnology and biopharmaceutical companies are focusing on the production of the monoclonal antibodies, protein therapeutics, induced pluripotent stem cells research, cryobanking, and cell-based assays development. Thus, the demand for the self-coating segment is also expected to remain high during the study period.
The precoating segment is expected to exhibit the fastest growth rate during the forecast period. This segment is classified into multiwall/microwell plates, flasks, Petri dishes, slides, and coverslips. The precoated cultureware provides several advantages such as it is ready-to-use, time-saving, delivers consistent quality, and improves isolation & cultivation of cells. Thus, the popularity of precoating cultureware is increasing, which is projected to boost the segment growth.
The animal-derived material segment is reported to have a major revenue share of the cell culture protein surface coating market in 2015. The large application of these products in the production of biopharmaceutical products including monoclonal antibodies and recombinant proteins is the most predominant factor contributing to its highest share. On the other hand, the demand for human-derived protein products is also high due to its large application in insulin production. The increasing incidence of diabetes drives the demand for insulin. For instance, in 2015, about 415 million people were suffering from diabetes worldwide. Thus, the escalating incidence of diabetes boosts the growth of the human-derived protein segment.
The synthetic material segment is expected to exhibit the fastest growth rate during the study period. The growing demand for animal-free components is a prime factor attributing to the growth of this segment. Ethical and religious constraints on the application of animal-derived protein propel the adoption of synthetic proteins.
North America dominated the overall market in 2020 and is followed by Europe. The highly developed healthcare & research infrastructure and a large focus on drug discovery in North America have fueled the regional market. Moreover, the presence of advanced technology and the existence of leading biotechnology companies in this region drive the growth of the sector.
The Asia Pacific is expected to showcase the highest growth during the study period due to untapped opportunities in this region. There are many clinical research organizations and biopharmaceutical companies, which are targeting Asian countries, such as China & India for drug discovery and development. The availability of a vast genome pool, less stringent regulations for biologic product development, and developing healthcare infrastructure in this region are some of the major factors supporting the growth of the sector in this region.
Key Players
Corning Inc.; Thermo Fisher Scientific, Inc.; Merck KGaA; PerkinElmer, Inc.; Greiner Bio-One International GmbH; BioVision, Inc.; and Trevigen Inc.
Market Segmentation
Coating Type Outlook
Self-coating
Precoating
Multiwall/microwell plates
Petri dishes
Flasks
Slides
Coverslips
Protein Source Outlook
Animal-derived
Human-derived
Synthetic
Plant-derived
Regional Outlook
North America
The U.S.
Canada
Europe
Germany
The U.K.
Asia Pacific
China
India
Latin America
Brazil
Mexico
MEA
South Africa
The Cell Culture Protein Surface Coating market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Cell Culture Protein Surface Coating market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Cell Culture Protein Surface Coating market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Cell Culture Protein Surface Coating market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Cell Culture Protein Surface Coating market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the Cell Culture Protein Surface Coating capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of Cell Culture Protein Surface Coating by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Cell Culture Protein Surface Coating market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Cell Culture Protein Surface Coating market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Cell Culture Protein Surface Coating market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the Cell Culture Protein Surface Coating industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
The Cell Culture Protein Surface Coating market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Cell Culture Protein Surface Coating market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Cell Culture Protein Surface Coating market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Cell Culture Protein Surface Coating market. These factors have benefited the growth of the global market for Cell Culture Protein Surface Coating. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Cell Culture Protein Surface Coating. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of Cell Culture Protein Surface Coating are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
Research Methodology:
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Market Size Estimation
Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).
The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.
Secondary Sources
Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.
Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.
The study objectives of this report are:
To strategically profile the key players and comprehensively analyze their growth strategies.
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