Europe Cellular Starting Materials Market Overview
The market for European cellular starting material is growing hand in hand with the current rise in chronic diseases, cell therapy research, and personalized medicine. This includes products from primary cells to cell lines and stem cells, which could make a difference in research, drug development, and cell-based therapies. It has been coupled with the strong scientific infrastructure in Europe, which has placed it in the global lead with its supportive regulatory environments. However, the complex costliness associated with cell-based therapies and stringent regulatory requirements are some of the challenges to the market. Though these factors pose a challenge, further innovation and market growth are expected in the next few years, keeping the general outlook on the European cellular starting materials market positive.
- Current Market Value: In 2024, the Europe Cellular Starting Materials Market was valued at USD 0.60 billion.
- Future Market Projection: By 2034, the market is anticipated to reach USD 3.91 billion.
- Growth Rate: The market is expected to expand at a CAGR of 23.1% over the next decade.
Europe Cellular Starting Materials Market Drivers & Restraints
Key Drivers of Target Market:
Growth in bio cell Therapy
The high demand for cellular starting materials is catalyzed by the surging biopharmaceutical sector in Europe, driven by the commercialization of novel biological drugs. Recent advances in cell cultivation technologies and the progress of novel bioprocessing tools are changing the pace of improving efficiencies and scaling in the production process of cellular starting materials.
Governmental Investments and Funding
Pharmaceutical research receives higher governmental investments in most European countries in terms of grants and subsidies, which also facilitate the production of cellular starting materials in Europe; the number of growing clinical trials, especially on highly advanced treatments such as CAR-T and gene therapies, would surge the demand for cellular starting materials.
Restrains:
High Production Costs and Economic Pressures
The complexities and resource-intensive exercise of producing quality cellular starting materials result in high-priced materials, eventually limiting the market's growth. Logistics in the supply chain of cellular starting materials due to geopolitical issues, pandemics, and other global events leads to a highly vulnerable market. Also, ethical concerns over the sourcing and usage of some forms of cellular starting materials, especially embryonic stem cells, may constrain the market's growth.
Europe Cellular Starting Materials Market Segmentations & Regional Insights
The market is segmented based on Type, Grade, End-Use and Country.
Cellular Starting Materials Market Report Scope:
Attribute |
Details |
Market Size 2024 |
USD 0.60 Billion |
Projected Market Size 2034 |
USD 3.91 Billion |
CAGR Growth Rate |
23.1% |
Base year for estimation |
2023 |
Forecast period |
2024 – 2034 |
Market representation |
Revenue in USD Billion & CAGR from 2024 to 2034 |
Market Segmentation |
By Type- Leukopaks, and Cells & Tissues By Grade- Good Manufacturing Practice, and Research By End-Use- Cell Therapy, Research & Development, and Others |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at regional and Country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2023 to 2034. For the purpose of this study segmented the Cellular Starting Materials Market report based on Type, Grade, End-Use and Country:
Segmentation:
By Type:
- Leukopaks
- Cells & Tissues
By Grade:
- Good Manufacturing Practice
- Research
By Grade:
- Cell Therapy
- Research & Development
- Others
By Country:
- UK
- Germany
- France
- Russia
- Italy
- Rest of Europe
Europe Cellular Starting Materials Market Competitive Landscape & Key Players
The key players operating the Cellular Starting Materials Market includes Lonza Group AG , Sartorius AG, Merck KGaA, Bio-Rad Laboratories, Inc. , CellGenix GmbH , Charles River Laboratories , Miltenyi Biotec , Thermo Fisher Scientific , STEMCELL Technologies, Takara Bio Europe , Boehringer Ingelheim BioXcellence, Evotec SE , Promethera Biosciences,, Advanced Biotech Ltd. , Cellerix SL.
Europe Cellular Starting Materials Market Company Profile
- Lonza Group AG
- Sartorius AG
- Merck KGaA
- Bio-Rad Laboratories, Inc.
- CellGenix GmbH
- Charles River Laboratories
- Miltenyi Biotec
- Thermo Fisher Scientific
- STEMCELL Technologies
- Takara Bio Europe
- Boehringer Ingelheim BioXcellence
- Evotec SE
- Promethera Biosciences
- Advanced Biotech Ltd.
- Cellerix SL
FAQs
The Europe Cellular Starting Materials Market is segmented into Type, Grade, End-Use and country.
Growth in bio cell Therapy and Governmental Investments and Funding.
The European cellular Starting Materials Market is segmented by country into the UK, Germany, France, Russia, Italy, and the Rest of Europe. The UK is expected to dominate the Market due to its large number of Investments.
The key players operating in the Cellular Starting Materials Market include , Inc., xCellGenix GmbH, Charles River Laboratories, Miltenyi Biotec, Thermo Fisher Scientific, STEMCELL Technologies, Takara Bio Europe, Boehringer Ingelheim BioXcellence, Evotec SE, Promethera Biosciences, Advanced Biotech Ltd., and Cellerix SL.