U.S. Cellular Starting Materials Market Size, Share, By Type (Leukopaks, and Cells & Tissues), By Grade (Good Manufacturing Practice, and Research), By End-Use (Cell Therapy, Research & Development, and Others) - Trends, Analysis and Forecast till 2034

Report Code: PMI558724 | Publish Date: August 2024 | No. of Pages: 162

Us Cellular Starting Materials Market Overview

U.S. cellular starting materials Market Size was valued at USD 0.68 Billion in 2024 and is expected to reach USD 4.45 Billion by 2034 growing at a CAGR of 20.4%.

The U.S. cellular starting materials market is having an optimistic increase in growth, fueled by the increasing demand for cell-based therapies and biopharmaceuticals. Cellular starting materials, such as cell lines, tissues, and primary cells, become base elements in developing and manufacturing advanced therapeutic products, notably cell and gene therapies, vaccines, and biopharmaceuticals. Advanced biotechnologies, a growing focus on personalized medicines, and rising investments in R&D by the public and private sectors also drive the market. The market is also governed by regulatory systems, ensuring the safety and efficacy of cellular materials in developing new therapies.

Us Cellular Starting Materials Market Drivers & Restraints

Key Drivers of Target Market:

Advances in Biotechnology and Cell-Based Therapies

The rapid pace of biotechnological development, particularly in cell and gene therapies, has considerably increased interest and the need for high-quality cellular starting materials. Such materials are being used for the development of new therapeutic modalities not only for cancer but also for both genetic and degenerative diseases. Having held the lead in biotechnology, the U.S. has had a surge in research and development, clinical trials, and other related activities that have called for the formation of reliable and standardized cellular starting materials.

Rising Investment in Research and Development

Government bodies and private players are investing heavily in R&D, which will, in turn, result in the growth of regenerative or biopharmaceutical products. As the need for developing newer treatments and therapies increases, there is great demand for cellular starting material. In addition, the support provided by the U.S. government in terms of grants, funding programs, and policies is further driving the market's growth.

Restrains:

Regulatory Challenges

The U.S. market for cellular starting materials in therapeutics is under stringent regulatory requirements and may have a dissuasive effect on the major players within the market. The FDA has given strict guidelines on the cellular material's safety, purity, and efficacy in therapeutic applications. This complex regulatory pathway might be time-consuming and expensive to deal with, thus acting as a restraint to this very growing market.

Us 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

US$ 0.68 Billion

Projected Market Size 2034

US$ 4.45 Billion

CAGR Growth Rate

20.4%

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 End Use:

  • Cell Therapy
  • Research & Development
  • Others

Us Cellular Starting Materials Market Competitive Landscape & Key Players

The key players operating the Cellular starting materials Market includes Thermo Fisher Scientific Inc., Lonza Group AG, Merck KGaA (MilliporeSigma), Bio-Rad Laboratories, Inc., GE Healthcare (Cytiva), Corning Incorporated, ATCC (American Type Culture Collection), Charles River Laboratories International, Inc., Stemcell Technologies Inc., Sartorius AG, Danaher Corporation, WuXi AppTec, FUJIFILM Irvine Scientific, CellGenix GmbH, Cygnus Technologies, LLC.

Us Cellular Starting Materials Market Company Profile

  • Thermo Fisher Scientific Inc.
  • CHEVRON PHILLIPS CHEMICAL CO.
  • Thermo Fisher Scientific Inc.
  • Lonza Group AG
  • Merck KGaA (MilliporeSigma)
  • Bio-Rad Laboratories, Inc.
  • GE Healthcare (Cytiva)
  • Corning Incorporated
  • ATCC (American Type Culture Collection)
  • Charles River Laboratories International, Inc.
  • Stemcell Technologies Inc.
  • Sartorius AG
  • Danaher Corporation
  • WuXi AppTec
  • FUJIFILM Irvine Scientific
  • CellGenix GmbH
  • Cygnus Technologies, LLC

FAQs

The U.S. cellular starting materials Market is segmented into Type, Grade, End-Use, and country

Industrial Applications and Economic Expansion and Agricultural Productivity and Modernization.

The key players operating the Cellular starting materials Market include Thermo Fisher Scientific Inc., Lonza Group AG, Merck KGaA (MilliporeSigma), Bio-Rad Laboratories, Inc., GE Healthcare (Cytiva), Corning Incorporated, ATCC (American Type Culture Collection), Charles River Laboratories International, Inc., Stemcell Technologies Inc., Sartorius AG, Danaher Corporation, WuXi AppTec, FUJIFILM Irvine Scientific, CellGenix GmbH, Cygnus Technologies, LLC.