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Rising Pharmaceutical Drug Manufacturing Fuels Growth In The Cell Culture Media Market: Strengthening the Growth Trajectory of the Cell Culture Media Market
Cell Culture Media
What Is the Expected CAGR for the Cell Culture Media Market Through 2025?
In recent times, there has been a swift expansion in the cell culture media market size. This market is projected to increase from $5.46 billion in 2024 to $6.18 billion in 2025 with a Compound Annual Growth Rate (CAGR) of 13.3%. Factors such as escalating research and development (R&D) pursuits, increasing incidence of chronic diseases, growth in the biopharmaceutical sector, favorable government policies and financial support, along with a rising demand for regenerative medicine and stem cell treatments have contributed to the growth during the historic period.
What's the Projected Size of the Global Cell Culture Media Market by 2029?
Anticipations are high for a significant expansion in the cell culture media market in the upcoming years, with predictions setting its value at $10.07 billion by 2029, developing at a compound annual growth rate (CAGR) of 13.0%. The predicted surge in this period is associated with a variety of factors such as the escalating interest towards personalized medicine, an expanding inventory of biopharmaceutical products, furthering of stem cell research, an accelerated use of organ-on-a-chip technology for drug trials and toxicity screening, improving healthcare facilities, increased funding in life sciences studies, and growth of biopharma production capabilities. Forecasted trends for the period encompass technological progress in biotechnology, the advent of cell and gene treatment procedures, the implementation of organ-on-a-chip technology for pharmaceutical testing and toxicity analysis, the preference for animal-independent and chemically-defined cell culture media mixtures, and the combination of state-of-the-art cell culture systems, microfluidics, and bioreactor technologies.
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Top Growth Drivers in the Cell Culture Media Industry: What's Accelerating the Market?
The cell culture media market is anticipated to grow, driven by the increasing production of pharmaceutical drugs. Such drugs, encompassing any substances meant for the diagnosis, prevention, or treatment of health conditions in humans or animals, are experiencing a surge in manufacturing. This uptrend can be linked to the growing prevalence of chronic and infectious illnesses, along with the escalating aging population requiring more medications for age-related problems. Cell culture media, by supplying vital nutrients and a conducive environment for cell growth, ensure proficient cell proliferation and the generation of necessary therapeutic proteins or molecules used in the manufacture of pharmaceutical drugs. As an illustration, in June 2023, the European Federation of Pharmaceutical Industries and Associations (EFPIA), a Belgium-based European trade group for the pharmaceutical sector, reported that the total bio-pharmaceutical production in Europe reached $384,200 million (€340,000 million) in 2022. This shows an approximated increase of 4.95% from $366,267 million (€323,950 million) recorded in 2021. Consequently, the rising pharmaceutical drug production fuels the expansion of the cell culture media market.
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What Trends Will Shape the Cell Culture Media Market Through 2029 and Beyond?
Prominent organizations engaged in the cell culture media market are concentrating on the development of novel culture cell media, such as those based on chemically defined and devoid of animal components, to secure an edge in this competitive market. The main goal of chemically defined and animal-component-free formulations is to enhance cell proliferation and protein synthesis, thus improving the scalability and effectiveness of biopharmaceutical manufacturing procedures. For example, in July 2023, Switzerland-originated Lonza Group Ltd., an established major in healthcare sector, unveiled the TheraPRO CHO Media System. This advanced cell culture platform intent to boost efficiency and quality in producing therapeutic protein. The system is especially designed to amplify the production of therapeutic monoclonal antibodies, featuring a two-part production process that is chemically-defined and free from animal components, making media preparation more straightforward and ensuring easier scalability.
What Are the Main Segments in the Cell Culture Media Market?
The cell culture media market covered in this report is segmented -
1) By Type: Liquid Media, Semi-Solid And Solid Media
2) By Product: Serum Free Media, Classical Media, Stem Cell Culture Media, Specialty Media, Chemically Defined Media, Other Cell Culture Media
3) By Application: Biopharmaceutical Production, Diagnostics, Drug Screening And Development, Tissue Engineering And Regenerative Medicine, Other Applications
4) By End User: Biotechnology And Pharmaceutical Industry, Academic Institute, Research Laboratory, Other End Users
Subsegments:
1) By Liquid Media: Classical Media, Chemically Defined Media, Serum-Free Media, Specialty Media (Protein-Free, Low-Glucose Media)
2) By Semi-Solid And Solid Media: Semi-Solid Media (Agar-Based), Solid Media (Petri Dishes, Agar Plates For Colony Formation)
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Which Top Companies are Driving Growth in the Cell Culture Media Market?
Major companies operating in the cell culture media market are Thermo Fisher Scientific Inc., Danaher Corporation, Merck KGaA, Becton Dickinson and Company, Corning Incorporated, Lonza Group AG, Sartorius AG, CYTIVA Lifesciences, Bio-Rad Laboratories Inc., STEMCELL Technologies Inc., Miltenyi Biotec, Takara Bio, MP Biomedicals, FUJIFILM Irvine Scientific Inc., Promocell Inc., InSphero AG, PeproTech Inc., HiMedia Laboratories Pvt. Ltd., Elabscience Biotechnology Inc., Capricorn Scientific GmbH, CAISSON Laboratories Inc., Cell Biologics Inc., Nucleus Biologics LLC
Which Regions Will Dominate the Cell Culture Media Market Through 2029?
North America was the largest region in the cell culture media market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cell culture media market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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