Global Cell Culture Protein Surface Coatings Market: Rising Investment in Stem Cell Development to Steer Growth

The global market for cell culture protein surface coatings has been witnessing a surge in market valuation over the past few years. The rising investment in stem cell research activities has resulted in the increased usage of cell culture protein surface coating products. According to a market study published by Transparency Market Research (TMR), the global cell culture protein surface coatings market stood at US$256.2 mn in 2013. Analysts at TMR expect it to rise at a CAGR of 13.60% during the period from 2014 to 2020, reaching US$623.4 mn by the end of 2020.

The worldwide cell culture protein surface coatings market looks robust at present. However, the limitations regarding the usage of animal source protein coating materials are likely to restrict the growth of this market in the coming years.

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North America Leads Global Cell Culture Protein Surface Coatings Market

The cell culture protein surface coatings market in North America leads the global market. The large-scale R&D activities for stem cell, coupled with the rapid uptake of highly developed cell culture tools, is the main driving force behind this market in North America. In 2013, it acquired a share of 40.9% in the overall market. Europe, in the same year, occupied the second position in the global market. 

The Asia Pacific cell culture protein surface coatings market is also showing great potential for growth. Analysts expect this market to report a CAGR of 15.40% between 2014 and 2020. The infrastructural development in the areas of healthcare and biotechnology is projected to stimulate the market for cell culture protein surface coatings in Asia Pacific.

Plants, animals, human, and synthetic sources are the key protein sources for cell culture protein surface coatings. Pre-coating and self-coating are the major types of coatings available in this market. Here is a snapshot of the latest trends and activities, driving the global cell culture protein surface coatings market:

• The rising awareness regarding cell culture is fueling the demand for surface coated products.

• The increasing scope of cell culture in various application areas is leading to the development of the 3D cell culture technology.

• The self-coating segment dominates the global cell culture protein surface coatings market.

• The pre-coating market is driven by high demand for micro-well/multi-well plates.

• The synthetic protein source market is likely to report the fastest growth at a CAGR of more than 13.0% between 2014 and 2020 in the global market.

• The increasing demand for animal-free coating surfaces in Europe and North America is stimulating the synthetic protein source market.

• The growth in research activities for stem cell development in emerging economies is likely to grab the attention of market players. 

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Corning Inc., Merck Millipore, Greiner Bio-One International AG, Sartorius Stedim Biotech SA, Thermo Fisher Scientific Inc., Sigma-Aldrich Corp., and Viogene BioTek Corp. are the key participants in the global cell culture protein surface coatings market.

How Stem Cell Research Grants and Funding are Boosting Cell Culture Protein Surface Coating Market

Cell culture entails extracting cells from a plant or animal and studying the former in an external artificial environment for the purpose of further research and analysis. The applications of cell culture have subsequently led to an expansion of the global market for cell culture protein surface coating. Researchers rely heavily on the use of cell culture protein surface coating because essentially because it promotes better adhesion and leads to greater productivity in cell culture procedures.

Stem Cell Research is Attracting Great Interest. How will this Impact Demand for Cell Culture Protein Surface Coating?

There has been a palpable rise in the demand for stem cells, which has led to a consecutive increase in the use of cell culture protein surface coating. The rising popularity of stem cell therapies can be credited for an increase in the use of and demand for cell culture protein surface coatings. According to a study conducted by Transparency Market Research, the growth forecast of the cell culture protein surface coating market look promising, with the market expected to report a 13.6% CAGR between 2014 and 2020, by which year it will reach US$623.4 mn. In 2013, the global market for protein surface coating for cell culture was pegged at US$256.2 mn. 

Browse Market Research Report of Cell Culture Protein Surface Coatings Market: http://www.transparencymarketresearch.com/cell-culture-protein-surface-coatings-market.html

However, what is evident is that the growth of the global cell culture protein surface coating market will be underpinned by an increase in research grants and funding activities. Several healthcare agencies and governments have been promoting research pertaining to stem cell therapies, which will in turn prove favorable to the global protein surface coating for cell culture market.  

Here are a few stem cell funding initiatives that have put the demand for protein surface coating for cell culture firmly on the growth track:

• EuroStemCell’s grant of six million euros, announced under the HumEn project, has brought several leading research groups and corporate entities together under an initiative to develop insulin-producing beta cells that are responsive to changes in glucose levels. The aim of the project is to use these beta cells for cell-replacement therapy among people suffering from diabetes. However, this project is just one of the many major funding initiatives undertaken in Europe for stem cell research. The HEALTH research program, which is undertaken by the European Commission, has recently funded as many as seven research projects focused on stem cell therapies. 

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• In 2009, the President of the United States, Barack Obama, signed an order that would help remove regulatory impediments associated with research pertaining to human stem cell research. According to the National Institutes of Health (NIH), the US$1.4 billion is estimated to be allocated to stem cell research in financial year 2016. This indicates the massive potential that stem cell research carries in the United States. 
• Besides EU nations and the U.S., countries such as India and China are also announcing funding initiatives for stem cell research. India’s Department of Biotechnology (DBT), which functions under the aegis of the union ministry of science and technology, for instance, has recently issued a grant for stem cell research aimed at finding a low-cost treatment for arthritis. However, low-resource nations such as India, which are more often than not underserved, are now waking up to the importance of funding more research in stem cell. This will lead to the robust growth of the protein surface coating for cell culture market in economies such as India and China. 

These are only a few examples of how increased funding for stem cell research will contribute to the growth of the global cell culture protein surface coating market; other developed countries in the Asia Pacific region and Latin America are also proactively working toward this end.