Cell Culture Market Is Recurring & Impressive Growth Generating Sector
Cell Culture Market provides in depth analysis of Key Manufacturers Analysis,Industry Development Trend,Productions Supply Sales Demand Market Status and Forecast, New Project Investment Feasibility Analysis and Research Conclusions.
Worldwide Market Reports added Latest Research Report titled “Cell Culture Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis� to its Large Report database. The Global Cell Culture Market was valued at US$ 12,251.3 million in 2015 and is projected to expand at a CAGR of 7.1% during the forecast period (2016-2024), as highlighted in a new report published by Coherent Market Insights. The last century has witnessed a steep rise in number of deadly viruses that cause various diseases. Rise in number of virus infections is expected to propel the cell culture market in the near future. According to W.H.O, in 2015, prevalence of human immunodeficiency virus (HIV) infection in the U.S. is estimated to be 0.32%, which inadvertently fuels growth of the cell culture market. Cell culture is an important tool used in the field of molecular biology that offers excellent model systems for studying and analyzing normal physiology and biochemistry of cells. Furthermore, cell culture technique is used in drug screening and development and manufacturing of various biological compounds such as vaccines and therapeutic proteins. Rise in demand for animal and human vaccines is projected to support the cell culture market over the forecast period.