Automated Cell Culture System Market Size

Automated Cell Culture System Market size was over USD 7.31 Billion in 2023 and is poised to cross USD 33.39 Billion by the end of 2036, growing at more than 12.4% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of automated cell culture system is estimated at USD 8.13 Billion. The growth of the market can primarily be attributed to the increasing stem cell research & development owing to the higher prevalence of related diseases. For instance, in 2019, more than 8 million people were found to be suffering from Parkinson’s disease.

A cell culture system is a process that consists particular instrument to conduct steps to grow and maintain cell culture. In a cell culture system, an environment is constituted to with controlled conditions, separated from the natural environment. Global automated cell culture market trends such as, escalating research and development activities and spiking prevalence of cancer are expected to influence the growth of the market over the forecast period. According to World Health Organization, cancer is designated as the leading cause of death, which caused about 10 million deaths in 2020, it is also stated by the similar source that in every 6 deaths, 1 is caused by cancer.