Press release
Global Serum Market Report 2025: Surge in Market Size, Influential Players, and Prominent Trends
Serum Global Market Statistics
Driven by medical diagnostics, clinical research, and drug development, the global serum market is poised to grow from $1.42 billion in 2024 to $1.57 billion in 2025 at a compound annual growth rate (CAGR) of 10.7%. This growth trajectory continues to 2029, shaping new opportunities and advances within the industry landscape.
What Is The Projected Market Size Of The Global Serum Global Market Report 2025 And Its Growth Rate?
•The global serum market has grown significantly in recent years.
•The market will expand from $1.42 billion in 2024 to $1.57 billion in 2025, achieving a CAGR of 10.7%.
•In the historic period, growth was driven by medical diagnostics, clinical research, drug development and testing, and disease monitoring.
•Expect to see accelerated market growth to reach $2.37 billion in 2029 at a CAGR of 10.8%.
•This forecast period's growth can be attributed to advances in precision medicine, the rise in personalized healthcare, oncology applications expansion, global health initiatives, and the increasing geriatric population.
What Is Driving The Growth In The Serum Global Market Report 2025?
The escalating awareness of age-related skin issues is propelling the growth of the serum market. Age-related skin issues include skin conditions like wrinkles and facial movement lines prevalent among individuals as they age. Serum addresses these skin conditions like dullness, hyperpigmentation, dehydration, wrinkles and loss of firmness. It evens out skin tone, reduces visible flaws, and nourishes the skin. For instance, Melanoma UK projected that by 2025, the number of melanoma skin cancer cases will climb by 9%, reaching a total of 19,513 cases and resultant fatalities are expected to increase by 13%, culminating in 3,119 deaths. This growing awareness of age-related skin issues significantly fuels the serum market's growth.
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Who Are the Key Players Driving Serum Global Market Report 2025 Growth?
•Merck Group
•Thermo Fisher Scientific Inc.
•Danaher Corp
•Corning Incorporated
•Sartorius AG
•Bio-Techne Corporation
•Takara Bio Inc.
•Atlas Biologicals Inc.
•Proliant Health & Biologicals
•Seracare Life Sciences Inc.
•Lampire Biological Labs Inc.
•Altogen Labs
•Innovative Research Inc.
•Lee Biosolutions Inc.
•Bovogen Biologicals Pty. Ltd.
•Caisson Labs Inc.
•Gemini BioProducts Holding Inc.
•Valley Biomedical Products & Services Inc.
•Equitech-Bio Inc.
•Rocky Mountain Biologicals
•PAN-Biotech GmbH
•BIOWEST SAS
•Moregate Biotech
•Tissue Culture Biologicals
•Kerafast Inc.
•Access Biologicals LLC
•Animal Technologies Inc.
•Cell Applications Inc.
•Cell Sciences Inc.
What Are The Key Trends In The Serum Global Market Report 2025?
•Adoption of customizable serum solutions
•Use of fermented ingredients for skin health
•Introduction of -infused serums
•Application of niche ingredients like retinol alternatives
•Emphasis on inclusive beauty and diverse formulations
What Are The Segments Of The Global Serum Global Market Report 2025?
1) By Type: Bovine Serum, Fetal bovine serum (FBS), Other Types
2) By Inactivation Technique: Heat Inactivated, Non-Heat Inactivated
3) By Application: Biological Products, Research, Cell Culture, Biopharmaceutical Drugs, Vaccine Products, Diagnostic Products, Other Applications
Which Region Leads The Serum Global Market Report 2025?
In 2024, North America emerged as the largest region in the serum market. The regions covered in the serum market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Serum Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Serum Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Serum Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Serum Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Serum Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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