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Culture Media Market Latest Trends, Industry Size and Future Prospects 2030 | CAGR of 9.5% |
Culture Media Market
According to the report, the global " Culture Media Market Size was estimated at USD 5.49 billion in 2020, and is Projected to Garner USD 13.48 billion by 2030, registering a CAGR of 9.5% from 2021 to 2030 Due To Increase in R&D investments, surge in advancements associated with cell culture media, and high demand for cell culture media drive the growth of the global culture media market. On the other hand, lack of skilled professionals and scientific concerns associated with culture media restrain the growth to some extent. However, the untapped potential in the emerging economies has been highly beneficial to the industry.
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The global culture media market is analyzed across type, application, research type, and region. Based on product type, the chemically defined media segment accounted for the major share in 2020, holding more than one-fifth of the global culture media market. The stem cell media segment, on the other hand, would grow at the fastest CAGR of 10.4% throughout the forecast period.
Based on application, the cancer research segment generated the highest share in 2020, accounting for nearly one-third of the global market. At the same time, the regenerative medicine and tissue engineering segment is projected to manifest the fastest CAGR of 10.2% from 2021 to 2030.
Based on region, the market across North America held the lion's share in 2020, garnering more than two-fifths of the global market. The Asia-Pacific region, however, is expected to cite the fastest CAGR of 10.1% by the end of 2030. The other provinces studied in the report include Europe and LAMEA.
Top Culture Media Companies:
Avantor Performance Materials
LLC (VWR International, LLC)
Becton
Dickinson and Company (BD)
Bio-Rad Laboratories Inc. (Bio-Rad)
Fujifilm Holdings Corporation (Fujifilm)
Merck & Co., Inc. (Merck)
Corning Incorporated (Corning)
GE Healthcare
HiMedia Laboratories Pvt., Ltd (HiMedia)
Lonza Group Ltd. (Lonza)
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By Region Outlook
North America
⦁ U.S.
⦁ Canada
⦁ Mexico
Europe
⦁ UK
⦁ Germany
⦁ France
⦁ Italy
⦁ Russia
⦁ Rest of Europe
Asia-Pacific
⦁ China
⦁ Japan
⦁ India
⦁ Australia
⦁ Rest of Asia-Pacific
LAMEA
⦁ Brazil
⦁ UAE
⦁ Turkey
⦁ Saudi Arabia
⦁ Rest of LAMEA
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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