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Cell Culture Media Market | Global Growth Prospects, Insight Analysis 2020-2027 | BD, Caisson Laboratories, Corning Incorporated, HiMedia Laboratories., Lonza., Merck Sharp & Dohme
Cell Culture Media Market
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Market Analysis: Global Cell Culture Media Market
Global Cell Culture Media Market is expected to rise from its initial estimated value of USD 4422.75 million to an estimated value of USD 8332.87 million by 2026, registering a CAGR of 8.24% in the forecast period of 2019-2026. Increasing demand for the cell culture media is the major factor for the growth of this market.
Key Market Competitors:
Few of the major competitors currently working in the cell culture media market are Avantor, Inc., BD, Caisson Laboratories, Inc., Bio-Rad Laboratories, Inc, Cell Culture Technologies, Corning Incorporated, FUJIFILM Holdings Corporation, GENERAL ELECTRIC COMPANY, HiMedia Laboratories., Lonza., Merck Sharp & Dohme Corp, Sartorius AG, Thermo Fisher Scientific, VitroBioPharma, Eppendorf AG, PromoCell GmbH.
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Market Definition: Global Cell Culture Media Market
Cell culture media or growth medium is a technique which is used to support the growth of microorganisms or cells. Amino acids, inorganic salts, vitamins, glucose, serum etc. are used to encourage the growth of cells. Increasing awareness among population about stem cell culture is the major factor which is fueling the cell culture media market. As these days there is increase in chronic disease and epidemic disease in geriatric population, there is demand for cell culture media.
Segmentation: Global Cell Culture Media Market
Cell Culture Media Market : By Type
Lysogeny Broth
Chemically Defined Media
Classical Media
Serum-Free Media
Specialty Media
Stem Cell Media
Other Media
Cell Culture Media Market : By Applications
Cancer research
Biopharmaceuticals
Regenerative medicine & tissue engineering
Stem cell technology
Drug discovery
Other Applications
Cell Culture Media Market : By End- User
Biotechnology & pharmaceutical industry
Academic institute
Research laboratory
Others
Cell Culture Media Market : By Reagent Type
Albumin
Amino Acids
Attachment Factors
Growth Factors & Cytokines
Hormones
Others
Cell Culture Media Market : By Geography
North America
South America
Europe
Asia-Pacific
Middle East & Africa
Key Developments in the Cell Culture Media Market :
In May 2017, MilliporeSigma announced the launch of their EX-CELL Advanced HD Perfusion Medium which is a high- density cell culture media that will support the perfusion processes. They will help the customers to increase their productivity as compared to the traditional processes and will also provide the supply chain security. The perfusion technology makes them suitable for small plants and different drugs.
In September 2015, Ajinomoto Co., Inc announced along with iPS Cell Research and Application at Kyoto University, they have developed StemFit AK02N which is a cell culture medium for basic research into regenerative medicine. It provides good quality of performance in terms of replacement frequency, proliferation rate and stability.
Cell Culture Media Market : Drivers
Increasing expenses on Research and Development of cell culture by government and other organization is driving the growth of this market
Technological advancement and development in the cell culture media is driving the market
Cell Culture Media Market : Restraints
Lack of skilled and trained professional is restraining the growth of this market
Increasing scientific concerns related to culture media is restraining the growth
Reasons to Purchase this Report :
Current and future of global cell culture media 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
Customization of the Report :
All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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