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11-Jun-2024

Cell Culture Media Bags Market Set to Balloon at 10.5% CAGR, Reaching US$3.5 Billion by 2033 | FMI Study Report

Cell Culture Media Bags Market

The Cell Culture Media Bags Market is experiencing a significant upsurge, fueled by the flourishing biopharmaceutical research and production landscape. According to a recent analysis by Future Market Insights (FMI), a leading market research firm, the market is estimated to be valued at US$1,308.7 million in 2023. This figure is projected to reach a staggering US$3,541 million by 2033, reflecting a robust Compound Annual Growth Rate (CAGR) of 10.5% over the next decade. This growth trajectory signifies the increasing importance of cell culture media bags in biopharmaceutical development and production.

At the forefront of the life sciences industry, the cell culture media bag market is currently experiencing a paradigm shift, driven by cutting-edge advancements in cell culture technologies. These innovations are shaping the landscape of the industry, with cell culture media bags playing a pivotal role in facilitating cell growth for a myriad of applications, ranging from pharmaceutical research to biotechnology.

Analysts attribute the surge in adoption of cell culture media bags to their unparalleled efficiency in providing a controlled environment for cell growth. These bags ensure optimal conditions for cell culture processes, offering advantages such as scalability, user-friendly features, and a reduced risk of contamination. This makes them indispensable in modern laboratory settings.

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Cell Culture Media Bags Market 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.
  • The US will remain the largest market for cell culture media bags globally.

Cell Culture Media Bags Market Competitive Landscape:

In this fast-growing industry, partnerships and collaborations, product launches, expansions, and other strategies have been used to gain a major piece of the Global Cell Culture Media Bags Industry.

To meet the increased demand for bioprocess manufacturing activities, market participants are concentrating on up-scaling media bag production. In addition, producers are tackling problems and improving features of bags such as four-layered films that provide stronger oxygen and moisture barriers to the properties.

In this vein, Thermo Fisher Scientific released the CEDIA Mitragynine (Kratom) Assay, a novel immunoassay for kratom alkaloid mitragynine screening designed specifically for criminal justice and forensic purposes. Throughout the projection period, continuous product innovations will continue to define the competitive landscape of the market. Furthermore, industry participants are concentrating their efforts on producing products for specific end uses.

“Market players are investing in new product innovation and are focusing on procuring FDA approvals to facilitate wide-scale deployment,” remarks Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.)

Who is Winning?

Cell culture media bag manufacturers are focusing on developing solutions that address the key challenges such as recycling 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 the 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, Sartorius AG, Thermo Fisher Scientific Inc., and GE Healthcare Inc.

List Of Key Players Covered in the Cell Culture Media Bags Market are:

  • Parker Hannifin Corp
  • Pall Corporation
  • Sartorius AG
  • Thermo Fisher Scientific Inc.
  • GE Healthcare Inc.

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Key Segments:

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

Author

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges clients face and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI is the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Last Updated: 11-Jun-2024