Global Cell Culture Protein Surface Coating Market to Reach $1.1 Billion by 2027
Amid the COVID-19 crisis, the global market for Cell Culture Protein Surface Coating estimated at US$397.4 Million in the year 2020, is projected to reach a revised size of US$1.1 Billion by 2027, growing at a CAGR of 15.2% over the analysis period 2020-2027. Animal-Derived Protein, one of the segments analyzed in the report, is projected to record a 14.7% CAGR and reach US$403.6 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Human-Derived Protein segment is readjusted to a revised 15.5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $117.5 Million, While China is Forecast to Grow at 14.6% CAGR
The Cell Culture Protein Surface Coating market in the U.S. is estimated at US$117.5 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$185.8 Million by the year 2027 trailing a CAGR of 14.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.3% and 13.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 11.2% CAGR.
Synthetic Protein Segment to Record 15.7% CAGR
In the global Synthetic Protein segment, USA, Canada, Japan, China and Europe will drive the 15.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$94.5 Million in the year 2020 will reach a projected size of US$259 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$128.2 Million by the year 2027.
Select Competitors (Total 46 Featured):
Amid the COVID-19 crisis, the global market for Cell Culture Protein Surface Coating estimated at US$397.4 Million in the year 2020, is projected to reach a revised size of US$1.1 Billion by 2027, growing at a CAGR of 15.2% over the analysis period 2020-2027. Animal-Derived Protein, one of the segments analyzed in the report, is projected to record a 14.7% CAGR and reach US$403.6 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Human-Derived Protein segment is readjusted to a revised 15.5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $117.5 Million, While China is Forecast to Grow at 14.6% CAGR
The Cell Culture Protein Surface Coating market in the U.S. is estimated at US$117.5 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$185.8 Million by the year 2027 trailing a CAGR of 14.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.3% and 13.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 11.2% CAGR.
Synthetic Protein Segment to Record 15.7% CAGR
In the global Synthetic Protein segment, USA, Canada, Japan, China and Europe will drive the 15.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$94.5 Million in the year 2020 will reach a projected size of US$259 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$128.2 Million by the year 2027.
Select Competitors (Total 46 Featured):
- AstraZeneca PLC
- Bayer AG
- Bio-Techne Coporation
- BioVision, Inc.
- Corning, Inc.
- GlaxoSmithKline PLC
- Greiner Bio One International GmbH
- Johnson & Johnson
- Merck KgaA
- MilliporeSigma
- Novartis AG
- PerkinElmer, Inc.
- Pfizer, Inc.
- Prestige Brands Holdings, Inc.
- Procter & Gamble Company, The
- Reckitt Benckiser Group PLC
- Sun Pharmaceutical Industries Ltd.
- Thermo Fisher Scientific, Inc.
- Trevigen, Inc.
Frequently Asked Questions about the Global Market for Cell Culture Protein Surface Coating
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I. METHODOLOGY
II. EXECUTIVE SUMMARY
III. MARKET ANALYSIS
IV. COMPETITION
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