Press release
Bovine Serum Market Research Report Analysis 2023, Industry Size, Growth Opportunities by 2032 | Danaher (Cytiva), Merck KGaA (Sigma Aldrich), HiMedia Laboratories Pvt. Ltd, Bio-Techne
Bovine Serum Market
The bovine serum market refers to the industry involved in the production, distribution, and sale of bovine serum products. Bovine serum, also known as fetal bovine serum (FBS) or fetal calf serum (FCS), is derived from the blood of bovine fetuses and is widely used in various fields of research, particularly in cell culture and biotechnology.
Bovine serum is rich in essential nutrients, growth factors, hormones, and other components that support cell growth and proliferation. It provides a suitable environment for the growth and maintenance of cells in vitro. It is commonly used as a supplement in cell culture media, where it provides nutrients and promotes cell attachment, proliferation, and differentiation. The bovine serum market is driven by the increasing demand for cell culture-based research and the growing biotechnology and pharmaceutical industries. Bovine serum is extensively used in applications such as drug discovery, vaccine production, regenerative medicine, and bioprocessing. It is also used in diagnostic and clinical laboratories for various purposes.
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Key players in the bovine serum market include biotechnology companies, research organizations, and serum suppliers. These companies collect bovine blood from approved abattoirs or veterinary clinics, process it to extract the serum, and then distribute it to end-users. Bovine serum is typically available as heat-inactivated or non-heat-inactivated, with various grades and quality levels to meet specific research requirements. the bovine serum market has faced challenges and controversies related to animal welfare and the potential risks associated with using bovine serum in cell culture. As a result, there has been increasing interest in the development and use of alternative cell culture supplements and serum-free media.
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Bovine Serum manufacturers, distributors, end users, industry associations, governments' industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the Bovine Serum market covering all its essential aspects.
Top key players of Bovine Serum Market:
Danaher (Cytiva)
Merck KGaA (Sigma Aldrich)
HiMedia Laboratories Pvt. Ltd
Bio-Techne
Sera Scandia (Biowest)
Sartorius (Biological Industries)
Atlas Biologicals
Rocky Mountain Biologicals
PAN-Biotech
Thermo Fisher Scientific Inc.
Other players
Some of the Recent Developments:
· In April 2021, Thermo Fisher Scientific Inc. and PPD Inc. entered into a definitive agreement in which Thermo Fisher will acquire PPD for USD 17.4 billion.
· In March 2021, Merck KgAA expanded the single-use assembly production unit at its Life Science Center in Molsheim, France.
Market Segmentation:
By Product
Charcoal Stripped
Chromatographic
Dialyzed Fetal Bovine Serum
Exosome Depleted
Stem Cell
Other Products
By Application
Biopharmaceuticals
Human and Animal Vaccine
Others
By End User
Biotechnology & Pharmaceutical Industries
Academic Institutes
Others
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Global Bovine Serum Market: Regional Analysis
The countries covered in the regional analysis of the Global Bovine Serum market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter's Five Force Model and SWOT analysis are used to study the global Bovine Serum market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Bovine Serum would help in identifying future applications in this market.
Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter's five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
Objectives of the Study:
• To provide with an exhaustive analysis on the Bovine Serum Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions- North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
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Analytics Market Research is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.
Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.
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