Cell Culture Media, Sera, and Reagents Market Study for 2021-2031 Providing Information on Key Players, Growth Drivers and Industry challenges

Cell Culture Media, Sera, and Reagents Market Outlook 2031
The global cell culture media, sera, and reagents market was valued at US$ 6.1 Bn in 2020

It is estimated to expand at a CAGR of 10.3% from 2021 to 2031

The global cell culture media, sera, and reagents market is expected to reach the value at US$ 18.3 Bn by the end of 2031

Report Overview:https://www.transparencymarketresearch.com/cell-culture-media-sera-reagents-market.html

Rise in Demand for Biopharmaceuticals to Drive Global Market
Cell culture products increase productivity by lowering manufacturing costs. Cell culture is a process of removing cells from an animal or plant source, and use these cells for creating biosimilar or biologic therapeutics. Due to the increasing demand for biosimilar and biologics products for the treatment of cancer and various other chronic and cardiovascular diseases, cell culture method is found to be effective and efficient in the biopharmaceutical sector.

Biosimilar products have gained tremendous popularity in North America and Europe. There is an increasing demand for cost-effective cell culture products and artificial organs across the globe. Antibiotics and amino acid supplements are the most common cell culture reagents used in developing nations. Moreover, increasing applications of Fetal bovine serum (FBS) in regulating cell membrane permeability is fueling the global market growth.

Stem Cell Research and Surge in Demand for Contract Manufacturing
Stem cell research is one of the key drivers for the global cell culture media, sera, and reagents market. Rise in awareness about the stem cell therapy for the treatment of various diseases is fueling market growth. Hence, there is an increasing demand for contract manufacturing. Rapid expansion of pharmaceutical companies, superior drug development & discovery procedures, increase in the number of clinical research institutes across the globe are some of the factors contributing to the global cell culture media, sera, and reagents market growth. However, high costs, along with the scarcity of suitable infrastructure for R&D is expected to hamper the market growth during the forecast period.

Request Sample:https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=6598

Lucrative Growth Opportunities in North America for Cell Culture Media, Sera, and Reagents Market Players
North America is expected to account for a major share of the global cell culture media, sera, and reagents market during the forecast period. The lucrative presence of market players operating in the North America cell culture media, sera, and reagents market is a major factor responsible for the market growth in the region. The North America cell culture media, sera, and reagents market is also driven by the strong support from governments, increasing investments in cell-based research & development, and regulatory approvals for cell culture-based vaccines.

The increase in demand for animal component-free media and automated cell culture systems is expected to create growth opportunities in North America for market players. In addition, the rising prevalence of diseases such as cancer in the region is contributing to the expansion of the market.

Countries in Asia Pacific such as China and India are the fastest growing markets for cell culture media, sera, and reagents in the region. Rapid urbanization and increasing investments in research activities are key factors contributing to the market growth in Asia Pacific. Companies operating in the regional market are expected to witness potential growth opportunities. Technological advancements in healthcare, high biopharmaceutical R&D expenditure, and greater adoption of advanced technologies are also fueling the growth of the market in the region.

Impact of COVID-19 on Cell Culture Media, Sera, and Reagents Market
The global coronavirus pandemic has created opportunities for manufacturers operating in the global cell culture media, sera, and reagents market. This is due to the increasing demand for vaccines across the globe. The global cell culture media, sera, and reagents market is expected to be driven by rising research-based activities, along with clinical trials of vaccines. The global cell culture media, sera, and reagents market is also fueled by surge in demand for biopharmaceuticals, increase in product development by key market contributors, and development of novel vaccines.

There is an increasing demand for cost-effective, reliable, low-risk, and highly efficient cell culture products such as bioreactors, media, reagents, and sera for the creation of high-yield cell lines. In order to fulfill this demand, many cell culture manufacturers are focusing on increasing the production of innovative products.

Enquiry Before Buying:https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=6598

Cell Culture Media, Sera, and Reagents Market: Overview
A typical cell culture medium is composed of a complement of amino acids, vitamins, inorganic salts, glucose, and serum as a source of growth factors, hormones, and attachment factors
Cell culture reagents include cell culture media, media supplements, and sterile reagents. Common cell culture reagents are antibiotics and amino acid supplements.
The serum is a complex mix of albumins, growth factors, and growth inhibitors and is probably one of the most important components of a cell culture medium. Fetal bovine serum (FBS) is the most commonly used serum. The serum regulates cell membrane permeability and serves as a carrier for lipids, enzymes, micronutrients, and trace elements into the cell.
Rise in Demand for Biopharmaceuticals and Artificial Organs: Major Driver
The global biological drugs market, which is currently valued at over US$ 285.5 Bn, comprises hormones, vaccines, monoclonal antibodies, therapeutic enzymes, blood factors, etc. The limited applicability of conventional pharmaceuticals in curing diseased or injured tissues has led to an increase in demand for biologics.

The specificity of biopharmaceuticals has opened new avenues in health care such as personalized medicine, wherein various diseases or conditions can be treated using specific biomolecules depending upon the patient's physiological, biological, and genetic makeup
Limited competition from generics (called biosimilars) is also driving the market, as these drugs are developed using unique processes involving growth of live cell cultures under controlled environmental conditions
Cell Culture Media, Sera, and Reagents Market: Segmentation

The global cell culture media, sera, and reagents market has been segmented based on product, end-user, and region
In terms of product, the global market has been classified into media, sera, and reagents. The media segment has been segregated into chemically defined, classical media, lysogeny broth, protein free, serum-free, and specialty media. The sera segment has been categorized into fetal bovine, newborn calf, and others. The reagents segment has been divided into albumin, amino acids, attached factors, and growth factors & cytokines.

Based on end-user, the global cell culture media, sera, and reagents market has been categorized into biotechnology & pharmaceutical companies, academic & research institutes, and others
North America to Dominate Cell Culture Media, Sera, and Reagents Market
In terms of region, the global cell culture media, sera, and reagents market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

North America is projected to dominate the global market from 2021 to 2031. The U.S. is the largest market for biopharmaceuticals, accounting for around a third of the global market, and is the world leader in biopharmaceutical R&D. According to the Pharmaceutical Research and Manufacturers Association (PhRMA), U.S. companies conduct over half the world's R&D. This drives the demand for cell culture media, sera, and reagents in North America.

Increase in demand for animal component-free media and automated cell culture systems are the key factors contributing to the growth of cell culture in North America. Additionally, recent reforms in the cell culture industry in the region regarding the use of human-derived media agents in cell culture are likely to fuel the growth of the market.
Request Customization:https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=6598

Major Players
Key players operating in the global cell culture media, sera, and reagents market include
Thermo Fisher Scientific, Inc.
Merck KGaA
Cytiva (Danaher Corporation)
Becton
Dickinson and Company
Corning Incorporated
HiMedia Laboratories
FUJIFILM Irvine Scientific, Inc.
InvivoGen
SeraCare (LGC Clinical Diagnostics, Inc.)
Lonza
Each of these players has been profiled in the cell culture media, sera, and reagents market report based on parameters such as company overview, financial overview, business strategies, application portfolio, business segments, and recent developments

More Trending Reports of Transparency Market Research:

Vascular Graft Market: https://www.transparencymarketresearch.com/vascular-graft-market.html

Nasal Dressings Market: https://www.transparencymarketresearch.com/nasal-dressings-market.html

Operating Room Equipment Market: https://www.transparencymarketresearch.com/operating-room-equipment-market.html

Japan Direct-to-Consumer Laboratory Testing Market: https://www.transparencymarketresearch.com/japan-direct-to-consumer-laboratory-testing-market.html

Nebulizers Market: https://www.transparencymarketresearch.com/nebulizer-market.html

Sports Medicine Devices Market: https://www.transparencymarketresearch.com/sports-medicine-device-market.html

Hearing Aids Market: https://www.transparencymarketresearch.com/hearing-aid-market.html

Plasma Sterilizers Market: https://www.transparencymarketresearch.com/plasma-sterilizers-market.html

Contact
Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: sales@transparencymarketresearch.com

About Transparency Market Research

Transparency Market Research registered at Wilmington, Delaware, United States, is a global market research company providing custom research and consulting services. TMR provides in-depth insights into factors governing demand in the market. It divulges opportunities across various segments based on Source, Application, Sales Channel, and End-Use that will favor growth in the market over the next 9 years.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

For More Research Insights on Leading Industries, Visit Our YouTube Channel and hit subscribe for Future Update - https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ

This release was published on openPR.