Market revenue in 2023 | USD 236.2 million |
Market revenue in 2030 | USD 453.2 million |
Growth rate | 9.8% (CAGR from 2023 to 2030) |
Largest segment | Consumables |
Fastest growing segment | Consumables |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Consumables, Instruments |
Key market players worldwide | Sartorius AG, Danaher Corp, Merck KGaA, Thermo Fisher Scientific Inc, Corning Inc, Avantor Inc, BD, Eppendorf, Bio-Techne Corp, PromoCell GmbH |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cell culture market will help companies and investors design strategic landscapes.
Consumables was the largest segment with a revenue share of 57.37% in 2023. Horizon Databook has segmented the Denmark cell culture market based on consumables, instruments covering the revenue growth of each sub-segment from 2018 to 2030.
Denmark is one of the European countries with the fastest-growing biotech investment. Danish biotech businesses secured venture capital investment of USD 434 million in 2021, an 11.8-fold increase over the past 5 years, demonstrating the second-fastest growth rate in Europe after the Netherlands.
These investments are anticipated to drive the demand for biotechnology tools, including cell culture solutions, thereby boosting the market growth in the coming years. Key players in the cell culture market in Denmark include Thermo Fisher Scientific, Bio-Rad Laboratories, Bionordika Denmark A/S, Fujifilm Diosynth Biotechnologies, and others.
Denmark is gaining increasing attention as an important country for the expansion of key market players. For instance, in June 2022, FUJIFILM Corporation invested USD 1.6 billion to increase the cell culture manufacturing services capacity of FUJIFILM Diosynth Biotechnologies in Hillerød, Denmark, and Texas in the U.S. These factors are anticipated to drive the market growth over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the Denmark cell culture market , including forecasts for subscribers. This country databook contains high-level insights into Denmark cell culture market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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