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Cell Culture Media, Sera, and Reagents Market Revenue Share Detailed Analysis Report 2021-2031
Cell Culture Media, Sera, and Reagents Market: IntroductionAccording to the report, the global cell culture media, sera, and reagents market was valued at US$ 6.1 Bn in 2020 and is projected to expand at a CAGR of 10.3% from 2021 to 2031. Cell culture media, also known as growth media, is an umbrella term that encompasses any gel or liquid created to support cellular growth in an artificial environment. It is a combination of compounds and nutrients designed to support cellular growth.
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Cell culture reagents include cell culture media, media supplements, and sterile reagents. Common cell culture reagents are antibiotics and amino acid supplements. Serum is a key component for growing and maintaining cells in culture. It contains a mixture of proteins, hormones, minerals, and other growth factors. It is added to media as a growth supplement, and specialized forms can be used for different experimental conditions.
Increase in Demand for Cost-effective and Highly Efficient Cell Culture Products to Drive Global Market
Cell culture technology is applied in various domains such as research, academics, bioprocessing & manufacturing, cell therapy, and regenerative medicines. Leading pharmaceutical companies are expanding their capabilities into biopharmaceutical manufacturing in order to leverage high market potential and due to increase in demand for these products.
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Rise in demand for cost-effective and highly efficient cell culture products such as bioreactors, media, reagents, and sera for the production of high-yield cell lines has led to an increase in the number of new product launches. This factor is anticipated to provide lucrative opportunities in the global cell culture market during the forecast period.
Contract Research & Manufacturing and Focus on Stem Cell Research to Propel Market
The cell culture media, sera, and reagents market is witnessing a shift toward contract manufacturing & research, primarily due to significant capital investment and specificity of each bio manufacturing process. For instance, cell cultures could be 2D, 3D, rotating, continuously stirred, batch-fed, and several other types. The expanding scope of cell culture into areas such as stem cell research is boosts the growth of the global market.
Rise in importance of stem cell therapy is underlined by the fact that these therapies help treat the cause of the disease, while conventional treatment methods help in managing only the symptoms. This requires advanced capabilities in terms of capital, equipment, and resources; hence, contract manufacturing presents an economically beneficial solution.
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Major Players in Global Cell Culture Media, Sera, and Reagents Market
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.), and 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.
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