Press release
Fetal Bovine Serum Market to Rise at +8.25% CAGR by 2026 - TCS Biosciences Ltd, HiMedia Laboratories Pvt. Ltd., Bio-Techne, PAN-Biotech GmbH, Rocky Mountain Biologicals, Inc., Access Biologicals, Nucleus Biologics, Biological Industries, Corning Incorpora
Fetal Bovine Serum Market
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Few of the major competitors currently working in the fetal bovine serum market are - Thermo Fisher Scientific, GENERAL ELECTRIC COMPANY, Merck KGaA, TCS Biosciences Ltd., HiMedia Laboratories, Bio-Techne, PAN-Biotech, Rocky Mountain Biologicals, Bovogen Biologicals Pty Ltd., Tissue Culture Biologicals, Access Biologicals, Animal Technologies Inc., Nucleus Biologics, Biological Industries, Corning Incorporated, J R Scientific Inc., Moregate Biotech, Wisent Inc, and Zhejiang Tianhang Biotechnology Co. Ltd.
Global fetal bovine serum market is set to rise from its initial estimated value of USD 757.75 million in 2018 to an estimated value of USD 1428.72 million by 2026, registering a CAGR of 8.25% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing demand from drug discovery and various other research applications due to its benefits in research and drug development and pharmaceutical industry.
Fetal bovine serum is a by-product that is produced in the meat processing industries, with a number of widespread applications in pharmaceutical, and biotechnology research industries. Fetal bovine serum is obtained from the whole blood of normal bovine fetuses. It is widely used in the applications of a number of diagnostic systems and research studies with a number of different systems utilization for the same.
Market Drivers:
• Growth in research and academic initiatives by the private and governmental sector is expected to drive the market growth
• Increase in demand from traditional users of serum is also expected to drive the market growth
Key Developments in the Market:
In January 2018, Bio-Techne announced the acquisition of Atlanta Biologicals, with the acquisition aimed at expanding the product portfolio of the company and service capabilities.
In January 2017, Nucleus Biologics announced the launch of a new fetal bovine serum, with decreased risk of viral presence, hence proving effective and optimal for widespread applications in biotechnology and pharmaceutical industrial applications.
Reasons to Purchase this Report:
• Current and future of global fetal bovine serum market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
• Regions/Countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players
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Segmentation: Global Fetal Bovine Serum Market
By Product
• Charcoal Stripped
• Chromatographic
• Dialyzed Fetal Bovine Serum (FBS)
• Exosome Depleted
• Stem Cell
Embryonic Stem Cells Qualified
Mesenchymal Stem Cell Qualified
• Others
By Application
• Drug Discovery
• Cell Culture Media
• In Vitro Fertilization
• Human & Animal Vaccine Production
• Diagnostics
• Others
By End-User
• Research & Academic Institutes
• Industry
• Pharmaceutical
• Biotech
• Others
By Geography
• North America
• South America
• Europe
• Asia-Pacific
• Middle East & Africa
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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