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Gene Therapy Cell Culture Media Market Worth USD 1.2 Billion in 2022, Estimated to Grow at a CAGR of 12.1% from 2023 to 2033

05-19-2023 08:21 PM CET | Health & Medicine

Press release from: Evolve Business Intelligence

Gene Therapy Cell Culture Media Market Worth USD 1.2 Billion

As per the study initiated by Evolve Business Intelligence, the global Gene Therapy Cell Culture Media market size accounted for USD 1.2 Billion in 2022, growing at a CAGR of 12.1% from 2023 to 2033. The gene therapy cell culture media market refers to the market for specialized growth media used in the production and cultivation of cells for gene therapy applications. Gene therapy involves the introduction of genetic material into cells to treat or prevent diseases by correcting genetic defects or manipulating cellular functions. Cell culture media play a critical role in supporting the growth, viability, and functionality of cells during the gene therapy manufacturing process. The gene therapy field has witnessed significant investment and research advancements in recent years. There is a growing pipeline of gene therapy candidates targeting various diseases, including genetic disorders, cancers, and rare diseases. The increasing investment in gene therapy research and development is driving the demand for cell culture media to support the production of therapeutic cells for clinical trials and commercialization.
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Key Highlights:
• The global Gene Therapy Cell Culture Media Market size was valued at USD 1.2 billion in 2022 growing at a CAGR of 12.1% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has published a new market research report on Global Gene Therapy Cell Culture Media Market focusing in various aspects including market size and forecast, market dynamics, competitors market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players recent developments, and opportunities, among others. The market has also been analyzed based on 4 indicators in the market dynamic chapter which includes Drivers, Restraints, Key Trends, and Challenges. The overall sum of these sections will help to understand the best strategies to be adopted in order to prosper through this industry over short and long terms. The quantitative analysis includes our authentic findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.
In terms of COVID 19 impact, the Gene Therapy Cell Culture Media market report also includes the following data points:
• COVID19 Impact on Gene Therapy Cell Culture Media market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Gene Therapy Cell Culture Media market
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Key Players
Some of the major Gene Therapy Cell Culture Media players holding high market share include Fujifilm Holdings Corporation, HiMedia Laboratories Pvt., Ltd, Lonza Group Ltd, and Sartorius AG. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Fujifilm Holdings Corporation
• HiMedia Laboratories Pvt., Ltd
• Lonza Group Ltd
• Sartorius AG
• Thermo Fisher Scientific Inc.
• Merck KGaA
• Danaher Corporation
• Takara Holdings Inc.
• Novartis International AG
• Bio-Techne Corporation.
Segmental Analysis
Market Segment By Media Type with focus on market share, consumption trend, and growth rate of Gene Therapy Cell Culture Media Market:
o Serum-containing Media
o Serum-free Media
o Stem Cell Media
o Specialty Media
o Chemically Defined Media
o Lysogeny Broth
o Custom Media
o Others
Market Segment By Viral Vector Type with focus on market share, consumption trend, and growth rate of Gene Therapy Cell Culture Media Market:
o Retroviruses
o Lentiviruses
o Adenoviruses
o Adeno-associated Virus
o Herpes Simplex Virus
o Poxvirus
o Vaccinia Virus
o Others
Market Segment By end-user with a focus on market share, consumption trend, and growth rate of the Gene Therapy Cell Culture Media Market:
o Biotechnology and Pharmaceutical Industry
o Academic Institute
o Research Laboratory
o Others
Parameters Details
Market Size (2022) $ 1.2 Billion
CAGR (2023 to 2033) 12.1%
Market Segmentation Media Type, Viral Vector Type, End User
Country Covered US, Canada, Mexico, UK, Germany, France, Italy, Spain, Nordic Countries, BeNeLux, Rest of Europe, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, Rest of Asia Pacific, Middle East & Africa, and South America
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Global Gene Therapy Cell Culture Media Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Detail analysis of the impact of market drivers, restraints, and opportunities
• Competitive Intelligence provides an understanding of the ecosystem
• Details analysis of the Total Addressable Market (TAM) of your products
• Investment Pockets and New Business Opportunities
• Demand-supply gap analysis
• Strategy Planning

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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune's global 2000 companies.

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