Technological watch

Analysis on Impact of COVID-19- Global Cell Culture Protein Surface Coating Market 2020-2024

LONDON--(BUSINESS WIRE)--The global cell culture protein surface coating market size is expected to grow by USD 439.68 million as per Technavio. This marks a significant market growth compared to the 2019 growth estimates due to the impact of the COVID-19 pandemic in the first half of 2020. Moreover, steady growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of 13%.

The market is driven by the presence of innovative products. In addition, the growing importance of promotional activities is anticipated to boost the growth of the Cell Culture Protein Surface Coating Market.

The presence of innovative products is one of the key factors driving the growth of the cell culture protein surface coating market. Vendors are offering products with improved features and specific manufacturing standards to retain the existing consumers, attract prospective consumers, along with maintaining a strong foothold in the market. For instance, Matrigel Matrix offered by Corning is a solution made from Engelbreth-Holm-Swarm (EHS) mouse sarcoma, collagen IV, heparan sulfate proteoglycans, and entactin/nidogen. The solution is considered to be very effective.

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

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Publication date: 25/08/2020

Business Wire



      

This project has received funding from the Bio Based Industries Joint Undertaking under the European Union’s Horizon 2020 research and innovation programme under grant agreement No 837761.