Press release
Media Sera and Reagents- Cell Culture Market Grows at 7.2% of CAGR with Sigma Aldrich, Thermofisher Scientific, GE Healthcare, Biowest, Merck KGaA etc. By 2027
Media Sera and Reagents are products used in Cell culture environment. Over the last few years, the market of these products is growing pervasively majorly due to the increasing demand for biotechnological and biopharmaceuticals products in the pharmaceutical labs for the development of new drugs. Increasing prevalence of chronic diseases is prompting the need for effective medicines and treatment methods. This, as a result, escalates the market on the furthered heights on the global platform.Acknowledging the heightened accruals this market is witnessing currently, Market Research Future (MRFR), in its recently published study report, asserts that the global Media Sera and Reagents- Cell culture market will register 7.2% CAGR between 2017 -2023, garnering exponential accruals by 2023.
Discoveries of new medicines demand extensive research and development activities, further presaging substantial amounts of investments and efforts required for the same. Hence, private and public entities are making substantial investments in research and development in biotechnology and pharmaceutical domain, which, in turn, propels the market growth, bringing about innovative treatments and medicines to respond to the growing prevalence of chronic disease and transplants.
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Global Media Sera and Reagents Cell Culture Market - Key Players
Some of the key players in this market are: Sigma Aldrich (US), Thermofisher Scientific (US), GE Healthcare (UK), Biowest (France), Merck KGaA (Germany), Lonza AG (Switzerland), Hi-media Laboratories (India)
Industry/Innovations/Related News:
July 18, 2018 – BelHealth Investment Partners (US), a healthcare-focused private equity firm announced the acquisition of Gemini Bio-Products, Inc. (US), a supplier of cell culture media, sera, and other reagents.
The acquisition will support BelHealth to scale up its established platform through facility and product portfolio expansions, leveraging to Gemini’s experience and network. Furthermore, the investment capital that BelHealth will provide to fund key growth initiatives will bear good fruits.
Global Media Sera and Reagents Cell Culture Market - Segments
Cell culture Market has been segmented on the basis of Types which comprises of media that includes protein free media, serum free media, chemically defined media, specialty media, classical media, Stem cell media, lysogeny broth others; sera that includes Fatal bovine sera, Newborn, calf and adult bovine sera, Human sera and others and reagents that include Albumin, Amino acids, attachment factors, growth factors and cytokines, hormones, Biological Buffers, Biological Detergents, Cell Dissociation reagents, Cell Freezing reagents, Cell separation reagents and others. On the basis of Applications, market is classified into; model system, cancer research, virology, toxicity testing, vaccine production, genetically engineered protein, Replacement Tissue or organ, Genetic counseling, Genetic engineering, Gene therapy, Drug screening and development; and others. On the basis of end users, market is segmented into Research Laboratories, Academic Institutes, and Pathology labs.
Global Media Sera and Reagents- Cell culture Market - Regional Analysis
Globally, the North American region is dominating the global Media Sera and Reagents- Cell culture market owing to substantial investments transpired into R&D activities in pharmaceutical and biotech industries. The well-developed economy of this region is fostering the market growth, allowing funding required for research and development. Besides, the presence of many key players is positively impacting the market growth in the region.
The European region is another lucrative market for Media Sera and Reagents - Cell culture. The market is heading with the increasing emphasis on research and development, especially in the biotechnology sector. Certainly, resurging economy in the region is a dominant factor substantiating the market growth, driving the pharma sector. Also, the increased funding in the rising numbers of specialty services offered by various health care providers provides impetus to the market growth in the region.
The Media Sera and Reagents- Cell culture market in the Asia Pacific region is rapidly emerging as a promising market. Increasing number of research labs is defining the market landscape in the region. Furthermore, rapidly improving economic conditions along with the proliferating pharmaceutical industries and developing healthcare technology in the region provide impetus to the market growth.
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Major Table of Content
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope of the Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
Continued….
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In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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