The worldwide cell culture protein surface coating market is anticipated to reach USD 1.3 billion by 2025. It is expected to grow at a CAGR over 15.7 % during the forecast period (2014 to 2025). Focus on stem cell R&D is the most significant growth driver. Cell culture protein surface coatings enhance cell adhesion. This, along with high demand for in vitro cell culture may fuel market expansion in the years to come.
Stem cell therapy is an effective treatment of various chronic diseases. It can cure diseases related to brain, blood, and cardiovascular system. Its applications in cell deficiency therapy for Alzheimer’s and Parkinson’s diseases may further support overall demand over the forecast period. Cell culture is used for the production of recombinant proteins & monoclonal antibodies. High demand for vaccines, antibodies, drugs, proteins, and other biopharmaceutical products may drive market demand in the near future.
The global cell culture protein surface coating market is categorized as per coating types, protein sources, and regions. On the basis of coating types, the segments are self-coating and precoating. Self-coating segment may continue leading the global market in terms of revenue. Growing investments in R&D is expected to be the key growth driver. Biopharmaceutical & biotechnology companies emphasize on production of protein therapeutics, monoclonal antibodies, cryobanking, cell-based assays, and induced pluripotent stem cell research. This can support dominance of self-coating over the forecast period.
In-depth research report on global cell culture protein surface coating market - http://www.grandviewresearch.com/industry-analysis/cell-culture-protein-surface-coating-market
Precoating is anticipated to witness the fastest growth in the global market over the next few years. This segment is further divided into flasks, multiwall/microwell plates, petri dishes, cover slips, and slides. Precoated culturewares improve isolation & cultivation of cells, deliver consistent quality, and save time. Growing popularity of these ready to use products may augment demand from 2014 to 2025.
As per protein sources, the segments are plant, animal, human, and synthetic protein sources. Animal-derived protein sources dominated the overall market in terms of revenue in 2015. Synthetic proteins may grow at the maximum growth rate over the next couple of years. Simplified composition & lowered risks of contamination with synthetic protein over other sources can trigger this demand. Driven by applications in insulin production, demand for human-derived protein may also remain on the rise over the forecast period.
On the basis of regions, the worldwide market for cell culture protein surface coating is segregated as Europe, Latin America, North America, Middle East & Africa (MEA), and Asia-Pacific (APAC). North America may continue dominating the global market over the forecast period. APAC may become the fastest-growing regional market during the same time span. Lack of stringent rules for biologics production, availability of a large genome pool, and rapidly improving healthcare infrastructure propels regional growth.
Prominent companies operating in the market are Thermo Fisher Scientific, Inc.; Corning Inc.; PerkinElmer, Inc.; Merck KGaA; and BioVision, Inc. Regional expansion, new product development, mergers & acquisitions, and collaborations are the key business strategies adopted by most market players.
Self-renewing human pluripotent stem cells (hPS cells) such as induced pluripotent stem (hiPS) cells and human embryonic stem (hES) cells yield exponentially large number in culture. They can distinguish between any types of somatic cells and tissues. Thus, hPS cells have tremendous potential in drug/toxicity screening, cell-based therapeutics, and basic developmental research.