Insect Cell Culture Market Size to Grow USD 3.74 Billion by 2029 at a CAGR of 8.3% | Valuates Reports
BANGALORE, India, Nov. 30, 2023 /PRNewswire/ -- Insect Cell Culture Market is Segmented by Type (Classical Media & Salts, Serum-free Media, Stem Cell Media), by Application (Biopharmaceutical Manufacturing, Tissue Culture & Engineering, Gene Therapy, Cytogenetic): Global Opportunity Analysis and Industry Forecast, 2023-2029. It is Published in Valuates Reports Under the Category of Biological Sciences.
The global Insect Cell Culture market was valued at USD 2.31 Billion in 2022 and is anticipated to reach USD 3.74 Billion by 2029, witnessing a CAGR of 8.3% during the forecast period 2023-2029.
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Major Factors Driving the Growth of Insect Cell Culture Market:
The market for insect cell culture is expanding significantly due to its many uses in biotechnology. Insect cell culture is the platform of choice for the manufacture of biopharmaceuticals, such as recombinant proteins, vaccines, and gene therapy vectors, due to factors including cost-effectiveness, scalability, and the capacity to create complex proteins with appropriate post-translational modifications.
Key factors supporting the continuous growth of the insect cell culture market include the rising need for biopharmaceuticals, technical developments in culture techniques, growing involvement in the development of vaccines and gene therapies, and an emphasis on sustainability in biomanufacturing.
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TRENDS INFLUENCING THE GROWTH OF THE INSECT CELL CULTURE MARKET
An important factor propelling the market's expansion is the growing need for biopharmaceuticals. The biopharmaceutical sector finds insect cell culture to be an invaluable resource due to its capacity to manufacture complicated proteins and vaccines, particularly those that require appropriate glycosylation patterns, with great efficiency. The increasing need for insect cell culture in drug research is a result of the increased attention being paid to personalized medicine and innovative treatment modalities.
The market for insect cell culture is expanding because of the unique benefits it provides. A eukaryotic expression system is provided by insect cells, which makes it possible to produce complex proteins with the appropriate post-translational modifications. Moreover, they facilitate high-density cultivation, enabling higher yields of output. Insect cell culture is economically viable due to its shorter culture periods and less expensive medium needs.
Constant improvements in insect cell culture technology have been a major factor in market growth. Insect cell culture operations are now more efficient and scalable because of innovations including scalable bioreactor systems, better transfection techniques, and medium compositions without serum. Insect cell culture is becoming more widely used and accepted in a variety of biotechnological applications because of these technical advancements.
The market for insect cell culture is developing due to its growing use in the manufacturing of vaccines. The ability of insect cells to produce recombinant subunit vaccines and virus-like particles (VLPs) has been shown. Insect cell culture is positioned as a key platform in the battle for vaccine research and manufacture due to its capacity to create vaccines with superior safety profiles, decreased production time, and simpler downstream processing.
The market for insect cell culture is expanding as a result of increased expenditures made in the biotechnology industry worldwide. Substantial funding is being provided by governments, commercial businesses, and academic organizations to promote biopharmaceutical research and development. Insect cell culture is a favored option for businesses and research institutions seeking to streamline their production procedures and expedite the supply of cutting-edge biotechnological solutions due to its adaptability and efficiency. The market for insect cell culture is growing in applications related to gene therapy. With benefits like high transduction efficiency and mass production of viral particles, insect cells are useful hosts for the generation of viral vectors used in gene therapy.
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INSECT CELL CULTURE MARKET SHARE ANALYSIS
Regional differences in the insect cell culture market are expected to be caused by a number of variables, including regulatory frameworks, economic growth, and the degree to which biotechnology applications are adopted. The increased demand for biopharmaceuticals and cutting-edge research may propel the insect cell culture market's growth in areas like North America and Europe, which have significant biotechnology and pharmaceutical industry presence.
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Key Players:
- Life Technologies
- Corning (Cellgro)
- Sigma-aldrich
- Thermo Fisher
- Merck Millipore
- GE Healthcare
- Lonza
- BD
- Himedia
- Takara
- Cellgenix
- Atlanta Biologicals
- PromoCell
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