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Insect Cell Culture Market Size to Grow USD 3.74 Billion by 2029 at a CAGR of 8.3% | Valuates Reports

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BANGALORE, India, Nov. 30, 2023 /PRNewswire/ — Insect Cell Culture Market is Segmented by Type (Classical Media & Salts, Serum-free Media, Stem Cell Media), by Application (Biopharmaceutical Manufacturing, Tissue Culture & Engineering, Gene Therapy, Cytogenetic): Global Opportunity Analysis and Industry Forecast, 2023-2029. It is Published in Valuates Reports Under the Category of Biological Sciences.

The global Insect Cell Culture market was valued at USD 2.31 Billion in 2022 and is anticipated to reach USD 3.74 Billion by 2029, witnessing a CAGR of 8.3% during the forecast period 2023-2029.
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Major Factors Driving the Growth of Insect Cell Culture Market:
The market for insect cell culture is expanding significantly due to its many uses in biotechnology. Insect cell culture is the platform of choice for the manufacture of biopharmaceuticals, such as recombinant proteins, vaccines, and gene therapy vectors, due to factors including cost-effectiveness, scalability, and the capacity to create complex proteins with appropriate post-translational modifications.
Key factors supporting the continuous growth of the insect cell culture market include the rising need for biopharmaceuticals, technical developments in culture techniques, growing involvement in the development of vaccines and gene therapies, and an emphasis on sustainability in biomanufacturing.
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TRENDS INFLUENCING THE GROWTH OF THE INSECT CELL CULTURE MARKET
An important factor propelling the market’s expansion is the growing need for biopharmaceuticals. The biopharmaceutical sector finds insect cell culture to be an invaluable resource due to its capacity to manufacture complicated proteins and vaccines, particularly those that require appropriate glycosylation patterns, with great efficiency. The increasing need for insect cell culture in drug research is a result of the increased attention being paid to personalized medicine and innovative treatment modalities.
The market for insect cell culture is expanding because of the unique benefits it provides. A eukaryotic expression system is provided by insect cells, which makes it possible to produce complex proteins with the appropriate post-translational modifications. Moreover, they facilitate high-density cultivation, enabling higher yields of output. Insect cell culture is economically viable due to its shorter culture periods and less expensive medium needs.
Constant improvements in insect cell culture technology have been a major factor in market growth. Insect cell culture operations are now more efficient and scalable because of innovations including scalable bioreactor systems, better transfection techniques, and medium compositions without serum. Insect cell culture is becoming more widely used and accepted in a variety of biotechnological applications because of these technical advancements.
The market for insect cell culture is developing due to its growing use in the manufacturing of vaccines. The ability of insect cells to produce recombinant subunit vaccines and virus-like particles (VLPs) has been shown. Insect cell culture is positioned as a key platform in the battle for vaccine research and manufacture due to its capacity to create vaccines with superior safety profiles, decreased production time, and simpler downstream processing.
The market for insect cell culture is expanding as a result of increased expenditures made in the biotechnology industry worldwide. Substantial funding is being provided by governments, commercial businesses, and academic organizations to promote biopharmaceutical research and development. Insect cell culture is a favored option for businesses and research institutions seeking to streamline their production procedures and expedite the supply of cutting-edge biotechnological solutions due to its adaptability and efficiency. The market for insect cell culture is growing in applications related to gene therapy. With benefits like high transduction efficiency and mass production of viral particles, insect cells are useful hosts for the generation of viral vectors used in gene therapy.
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INSECT CELL CULTURE MARKET SHARE ANALYSIS
Regional differences in the insect cell culture market are expected to be caused by a number of variables, including regulatory frameworks, economic growth, and the degree to which biotechnology applications are adopted. The increased demand for biopharmaceuticals and cutting-edge research may propel the insect cell culture market’s growth in areas like North America and Europe, which have significant biotechnology and pharmaceutical industry presence.
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Key Players:
Life TechnologiesCorning (Cellgro)Sigma-aldrichThermo FisherMerck MilliporeGE HealthcareLonzaBDHimediaTakaraCellgenixAtlanta BiologicalsPromoCellPurchase Regional Data: https://reports.valuates.com/market-reports/QYRE-Auto-35F1907/global-insect-cell-culture/3
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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!
–  Insect Cell Culture Medium Market
–  Insect Cell Culture Media Market
–  Cell Culture Flasks Market
–  Fermentation and Cell Culture Services Market
–  Cell-Free Expression Kit market is projected to reach USD 1419 million in 2029, increasing from USD 824 million in 2022, with the CAGR of 7.2% during the period of 2023 to 2029.
–  Protein Expression market is projected to grow from USD 187.7 million in 2023 to USD 237.9 million by 2029, at a Compound Annual Growth Rate (CAGR) of 4.0% during the forecast period.
–  High Throughput Antibody Production Services Market
–  Antithrombin (Recombinant) market is projected to reach USD 31 million in 2029, increasing from USD 25 million in 2022, with the CAGR of 3.2% during the period of 2023 to 2029.
–  The global cell culture market accounted for USD 16,107.7 million in 2019 and is expected to reach USD 36,926.8 million by 2027, registering a CAGR of 10.9% from 2020 to 2027.
–  Cell Culture Media market was valued at USD 1894.84 million in 2020 and is projected to reach USD 3836.5 million by 2027, registering a Compound Annual Growth Rate (CAGR) of 10.1% during forecast period.
–  Plastic Cell Culture Roller Bottles Market
–  Automated Cell Culture Plastics Market
–  Disposable Cell Culture Bag Market
–  Media, Sera and Reagents in Biotechnology market is projected to grow from USD 1873.3 million in 2023 to USD 2471.9 million by 2029, at a Compound Annual Growth Rate (CAGR) of 4.7% during the forecast period.
–  Epithelial Cell Culture Media Market
–  The Global Bioinformatics Market Size is USD 8,614.29 Million in 2019, and is projected to reach USD 24,731.61 Million by 2027, growing at a CAGR of 13.4% from 2020 to 2027.
–  Cell Culture Media And Additives Market
–  The Live Cell Imaging Market is anticipated to grow at the rate of 8.9% CAGR by 2027.
–  Organ On Chip Market revenue was USD 88 Million in 2022 and is forecast to a readjusted size of USD 621.2 Million by 2029 with a CAGR of 31.2% during the review period (2023-2029).
–  NGS Based Clinical Diagnostics Market
–  Automated Cell Imaging System Market
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Artificial Intelligence

GIGABYTE Partners with NVIDIA on RTX AI PCs Supporting ACE NIM and Digital Human Technology

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TAIPEI, June 2, 2024 /PRNewswire/ — GIGABYTE, the world’s leading computer brand, is showcasing its prowess in artificial intelligence by partnering with NVIDIA to launch high-end RTX AI PCs. In his keynote at COMPUTEX 2024, NVIDIA CEO Jensen Huang highlighted the dawn of a new computing era driven by generative AI, digital twins, and personal computers evolving into AI factories with digital humans providing professional solutions. Jensen emphasized the challenges of computational inflation, the efficiency of NVIDIA CUDA in accelerating specialized processors, and AI’s potential as a $100 trillion industry.

GIGABYTE has collaborated closely with NVIDIA to deploy a full range of RTX AI PCs, reinforcing its leadership in the AI PC market. Every GIGABYTE AI laptop is equipped with NVIDIA® GeForce RTX™ 40 Series Laptop GPUs, supporting advanced features such as ACE NIM, Ray Tracing, Deep Learning Super Sampling (DLSS), and powerful Tensor Cores. These technologies deliver realistic visuals and exceptional AI learning capabilities, aligning with the model-based approaches mentioned by Jensen.
Furthermore, GIGABYTE products support NVIDIA ACE digital human technology, enabling digital humans to perform natural language interactions and facial expressions. These digital humans can be used as brand ambassadors, AI customer service agents, and digital healthcare workers, enhancing personalized and efficient services. GIGABYTE’s AI laptops excel in high-intensity graphic processing and various AI applications, catering to gamers and creators alike, indicating GIGABYTE is at the forefront of the AI revolution, driving the new era of generative AI applications.
Eddie Lin, CEO of GIGABYTE, stated, “AI PCs are transitioning from cloud-based solutions to edge computing and are set to move from niche markets to mainstream adoption in the upcoming years. We have been working closely with top chip leaders to build a robust AI ecosystem with superior hardware and learning environments.” As generative AI applications spread across edge, cloud, and hybrid modes, they will become core technologies in the PC domain. GIGABYTE’s long-term collaboration with NVIDIA and exclusive AI Nexus technology ensure excellent user experiences. Besides, over 40% of GIGABYTE laptops feature dedicated Copilot keys, allowing users to fully enjoy the benefits and convenience of AI.
GIGABYTE also announced the launch of new AI solutions on the eve of COMPUTEX, highlighting its innovative designs and comprehensive strategic blueprint in AI. For more information about GIGABYTE’s AI innovations in COMPUTEX, visit https://bit.ly/GIGABYTE_2024_COMPUTEX
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Direct Sourcing leaders offer free interactive experience of AI-powered hiring tool

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TalentNet’s newest experience allows users to test drive TalentNavigator, the latest feature addition in their Direct Source platform
TORONTO, June 2, 2024 /PRNewswire/ — As the originators of Direct Sourcing, TalentNet is continuing to break boundaries in the talent acquisition industry by offering a 7-day free virtual interactive experience that highlights its AI-powered TalentNavigator platform.

This tool, which is now able to automate key tasks while creating shortlists in minutes, allows Curators to streamline the hiring process.
Streamlining the talent acquisition processFunctioning as a sophisticated AI Generative virtual partner, TalentNavigator leverages industry-leading generative AI technology to intelligently analyze and interpret each client’s talent pool, delivering real-time insights and comprehensive answers to complex curation queries. Users will be able to explore TalentNet’s Direct Sourcing platform as well.
“TalentNavigator represents a key shift in the market as hiring executives begin to understand the importance of optimizing the talent acquisition process through cutting-edge AI technology,” said Justin Lumby, TalentNet’s Chief Operating Officer. “Our 7-day experience is a unique offering that empowers companies to test out our revolutionary Direct Sourcing tool on their own time. Through this experience, they gain direct insight not only into Direct Sourcing but also harnessing the full potential of AI.”
Empowering companies to optimize their workflowThe platform includes job search capabilities, allowing Curators to quickly find job openings for candidates based on customized criteria. TalentNet’s newest updates enable the tool to streamline manual tasks, allowing companies to spend more time connecting with candidates and engaging with top talent.
In the future, TalentNavigator will let users update statuses, accept offers, send messages, share candidates, schedule actions, view history, and manage talent pools.
Ensuring continued data protectionTalentNet ensures client data security with SOC 2 Type II and ISO 27001/27017 certifications. TalentNavigator encrypts all data and doesn’t store personal information. Curators maintain full control, approving all outputs.
To be part of TalentNet’s 7-day free virtual interactive experience, simply sign up at the TalentNet website by completing a form and wait to be contacted by a TalentNet rep.
About TalentNet: In 2013, TalentNet revolutionized sourcing with its Direct Sourcing platform. Today, Direct Sourcing is a rapidly growing trend in talent acquisition globally. As pioneers in this technology, we empower top brands to streamline hiring, simplify supply chains, and cut costs for a seamless candidate experience. For more information, visit https://talentnet.com/.
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Artificial Intelligence

Federal Government Authorizes Institute of Information Management to Certify Data Protection Professionals in Nigeria

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LAGOS, Nigeria, June 2, 2024 /PRNewswire/ — The Federal Government through the Nigeria Data Protection Commission (NDPC) has granted a licence to the Institute of Information Management (IIM) to conduct examinations and certify data protection professionals for global competitiveness.

The National Commissioner of NDPC, Dr. Vincent Olatunji, who said this on Monday while presenting licence to IIM in Abuja, said granting of the licence was part of the commission’s measures to implement Executive Order 003 and 005.
Olatunji added that certifying data protection professionals in the country would reduce capital flight, create over 500,000 jobs in the sector, and encourage more people to be certified.
Promoting local content
While a few Nigerians with expertise in data protection had their training and certification abroad, Olatunji said having an institute to train and certify Nigerians locally would boost local content in the sector.
“We are trying to ensure the implementation of Executive Orders 003 and 005 to promote local content in Nigeria. Most of us who are certified data protection officers have international certifications; we paid some dollars to write exams as well as maintain the certificates. We are trying to domesticate this in Nigeria by having a national certification process” Olatunji said.
The NDPC National Commissioner said that with the size of Nigeria’s  population, the country  needs  over 500,000 certified data protection officers. And if prospective candidates are to pay for the certifying examination in dollars, it will lead to capital flight.
Expansion to Africa
Olatunji also said that the commission is considering adopting the licensing across Africa. According to him, the Commission is working towards having a pan-African initiative, whereby data professionals have the national certification that is being offered in Nigeria and can also practice in any part of Africa.
“It is a way of creating jobs for our people, reducing capital flight, and developing global human capital in the data protection ecosystem” Olatunji said. He explained the Commission have also gone further to develop the training model which is unique to the organization  and will be used by  trainers in Nigeria.
He added that the licensing would also create jobs for already licensed Data Protection Compliance Organisations (DPCOs), who would be accredited to train prospective professionals to sit for data protection examinations. According to him, the national data protection certification will be a historic legacy that will transcend administrations and meet global standards.
Speaking on the licence, the President of the Institute of Information Management, Dr. Oyedokun Oyewole, recalled that the certification process commenced in 2021.
He said the licence would bridge the gap in the data protection ecosystem. Oyewole assured Nigerians of the institute’s commitment to be the best in the education system of data protection in the country.
Contact
Celestine AchiCell: +234-08099997175Email: [email protected]
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