Rising at 15.80% CAGR, Cell Culture Media Market Share to Reach USD 11,372.175 Million, Globally by 2028: Comprehensive Research Report by Facts & Factors
[205+ Pages Report] According to a market research study published by Facts and Factors, the demand analysis of Global Cell Culture Media Market size & share is estimated to grow about USD 11,372.175 million by 2028, at a CAGR of approximately 15.80% between 2022 and 2028. The key market players are listed in the report with their sales, revenues and strategies are InstaReM Pvt. Ltd., Ria Financial Services Ltd., Western Union Holdings Inc., PayPal Holdings Inc., WorldRemit Ltd., Digital Wallet Corporation, TransferWise Ltd., Azimo Limited, TransferGo Ltd., MoneyGram, and Others.
NEW YORK, United States, Aug. 09, 2022 (GLOBE NEWSWIRE) -- According to Facts and Factors has published a new research report titled “Cell Culture Media Market Size, Share, Growth Analysis Report By Type (Serum-free Media, CHO Media, HEK 293 Media, BHK Media, VERO Cell Media, Insect Cell Medi, Serum-free Stem Cell Media, CAR T-cell Media, Other Serum-free Media, Classical Media & Salts, Stem Cell Culture Media, Specialty Media, Chemically defined Media, Other Cell Culture Media), By Application (Biopharmaceutical Production, Monoclonal antibodies, Vaccines production, Other therapeutic proteins, Diagnostics, Drug Screening & Development, Tissue Engineering & Regenerative Medicine, Cell and gene therapy, Other tissue engineering & regenerative medicine applications, Other Applications), By End-user (Pharmaceutical & Biotechnology Companies, Hospitals & Diagnostic Laboratories, Research & Academic Institutes, Other End Users), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028” in its research database.
“According to the latest research study, the demand of global Cell Culture Media Market size & share in terms of revenue was valued at USD 4,716.20 million in 2021 and it is expected to surpass around USD 11,372.175 million mark by 2028, growing at a compound annual growth rate (CAGR) of approximately 15.80% during the forecast period 2022 to 2028.”
Report Overview:
Cell culture media is the nutritional growth medium needed for cell cultures to develop and endure under particular incubation circumstances. It is made to facilitate the development of cells or microbes. Ingredients in the Cell Culture medium serve as a source of energy and control the cell cycle of in-vitro developing cells. Vitamins, amino acids, glucose, growth hormones, and inorganic salts are all components of a primary cell culture medium. The medium also aids in preserving the osmolarity and pH of the grown cells.
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Our Free Sample Report Consists of the Following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2022 updated report.
- The COVID-19 Pandemic Outbreak Impact Analysis is included in the package
- About 205+ Pages Research Report (Including Recent Research)
- Provide detailed chapter-by-chapter guidance on Request
- Updated Regional Analysis with Graphical Representation of Size, Share, and Trends for the Year 2022
- Includes Tables and figures have been updated
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
- Facts and Factors research methodology
(Please note that the sample of this report has been modified to include the COVID-19 impact study prior to delivery.)
Global Cell Culture Media Market Dynamics
A culture medium is a solid, liquid, or semi-solid created to promote the proliferation of cells to enable the growth of a population of microorganisms or cells. Different cell types are grown in various kinds of mediums. Monoclonal antibody development may benefit from cell culture technologies. These antibodies may be made synthetically in labs using a cell culture medium. The cell culture medium is used in the biological sciences to encourage the development of cells and microorganisms. The term "cell culture medium" refers to a growth agent necessary for cell cultures to develop and endure under particular circumstances. Numerous substances, including amino acids, glucose, serum, and inorganic salts, encourage cell development. The cell culture medium also maintains the pH balance of the cultivated cells.
The culture media includes several nutrients that support the development, expansion, maintenance, and preservation of microorganisms and other cell types, such as stem cells or other cell lines. Different culture media are offered on the market and can survive and prosper in their incubation conditions. This market's expansion is primarily fueled by rising pharmaceutical companies, new cell culture technologies for cell-based vaccines, rising monoclonal antibody demand, development of stem cell research, the introduction of new cell culture media by industry participants, and a growing emphasis on personalized medicine. On the other hand, high costs and ethical issues with cell biology research are anticipated to restrain the development of this industry. The need for cell culture medium approaches has increased in response to the rising demand for manufacturing vaccines and monoclonal antibodies.
However, the rate of expansion of the cell culture medium market would be severely hampered by strict rules and regulations for process manufacturing. The lack of informed experts or qualified professionals will also cause the rate of industry expansion to slow down. Additionally, the high price of cell biology research will slow the rate of market expansion.
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Cell Culture Media Market: COVID-19 Impact Analysis
As a result of the COVID-19 epidemic, the world's healthcare systems are under significant strain. Because of the shutdown that affected the region as a whole, businesses during that time encountered difficulties with their workforce. Vaccines made from human cells are going to be used to protect humans. Researchers have created culture-based immunizations in response to the rising demand for vaccines and the stringent safety rules for novel vaccines that are meant to minimize and halt the spread of infectious diseases. The government planned to take advantage of technologies involving cell culture in order to speed up the production of vaccines. Since COVID-19 speeds up the process of making vaccines, it is good for the culture and media market.
Segmentation Analysis
The global cell culture media market is segregated based on type, application, end-user, and region. On the basis of type, the market is classified into serum-free media, CHO media, HEK 293 media, BHK media, VERO cell media, insect cell media, serum-free stem cell media, CAR T-cell media, other serum-free media, classical media & salts, stem cell culture media, specialty media, chemically defined media, other cell culture media. Among these, the serum-free stem cell media segment led the market in 2021 and is expected to maintain its dominance throughout the forecast period.
Based on application, the market is classified into biopharmaceutical production, monoclonal antibodies, vaccine production, other therapeutic proteins, diagnostics, drug screening & development, tissue engineering & regenerative medicine, cell and gene therapy, and other tissue engineering & regenerative medicine applications, other applications. In 2021, the cell culture media industry will be dominated by biopharmaceutical production. Based on end users, the market is classified into pharmaceutical & biotechnology companies, hospitals & diagnostic laboratories, research & academic institutes, and other end users. In 2021, the market was dominated by pharmaceutical & biotechnology companies 2021.
The global Cell Culture Media market is segmented as follows:
By Type
- Serum-free Media
- CHO Media
- HEK 293 Media
- BHK Media
- VERO Cell Media
- Insect Cell Media
- Serum-free Stem Cell Media
- CAR T-cell Media
- Other Serum-free Media
- Classical Media & Salts
- Stem Cell Culture Media
- Specialty Media
- Chemically defined Media
- Other Cell Culture Media
By Application
- Biopharmaceutical Production
- Monoclonal antibodies
- Vaccine's production
- Other therapeutic proteins
- Diagnostics
- Drug Screening & Development
- Tissue Engineering & Regenerative Medicine
- Cell and gene therapy
- Other tissue engineering & regenerative medicine applications
- Other Applications
By End-User
- Pharmaceutical & Biotechnology Companies
- Hospitals & Diagnostic Laboratories
- Research & Academic Institutes
- Other End Users
Browse the full “Cell Culture Media Market - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028” Report at https://www.fnfresearch.com/cell-culture-media-market
Competitive Landscape
Some of the main competitors dominating the global Cell Culture Media market include -
- InstaReMPvt. Ltd.
- Ria Financial Services Ltd.
- Western Union Holdings Inc.
- PayPal Holdings Inc.
- WorldRemit Ltd.
- Digital Wallet Corporation
- TransferWise Ltd.
- Azimo Limited
- TransferGo Ltd.
- MoneyGram.
Key Insights from Primary Research:
- According to the analysis shared by our research forecaster, the Cell Culture Media market is likely to expand at a CAGR of around 15.80% during the forecast period (2022-2028).
- In terms of revenue, the Cell Culture Media market size was valued at around US$ 4,716.20 million in 2021and is projected to reach US$ 11,372.175 million by 2028.
- Based on type segment, the serum-free stem cell medium segment is predicted to lead the market in 2021.
- Biopharmaceutical production will be the dominant force in the cell culture media market by 2021, based on application segment.
- North America dominated the global cell culture media market in 2021.
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Key questions answered in this report:
- What is the market size and growth rate forecast for Cell Culture Media industry?
- What are the main driving factors propelling the Cell Culture Media Market forward?
- What are the leading companies in the Cell Culture Media Industry?
- What segments does the Cell Culture Media Market cover?
- How can I receive a free copy of the Cell Culture Media Market sample report and company profiles?
Key Offerings:
- Market Size & Forecast by Revenue | 2022−2028
- Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
- Market Segmentation – A detailed analysis By Type, Application, End-User, and Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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Regional Analysis:
The global cell culture media market is divided into geographic regions: North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America dominates the global market for cell culture media. In North America, there has been a considerable increase in the demand for cell biology research and cell culture technology. Businesses have begun to invest in novel approaches and advancements in cell culture applications. North America, which held the most significant share of this market, was the area with the most active research and development initiatives about cytological examination for proteomics, genomics, and medicine and vaccine development. During the projection period, it is also predicted that rising demand for biopharmaceuticals would propel regional market expansion.
By Region
- North America
- U.S.
- Canada
- Rest of North America
- Europe
- France
- UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia Pacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
Recent Developments
- July 2021: The Gibco Cell Therapy Systems (CTS) NK-Xpander Medium, which facilitates the large-scale development and culture of functional natural killer (NK) cells with or without the assistance of feeder cells, was introduced by Thermo Fisher Scientific Inc. (US).
- October 2021: By acquiring cell culture expert Xell AG, Sartorius AG increased its capacity for producing dry powder and liquid media.
Report Scope
Report Attribute | Details |
Market Size in 2021 | USD 4,716.20 Million |
Projected Market Size in 2028 | USD 11,372.175 Million |
CAGR Growth Rate | 15.80% CAGR |
Base Year | 2021 |
Forecast Years | 2022-2028 |
Key Market Players | InstaReM Pvt. Ltd., Ria Financial Services Ltd., Western Union Holdings Inc., PayPal Holdings Inc., WorldRemit Ltd., Digital Wallet Corporation, TransferWise Ltd., Azimo Limited, TransferGo Ltd., MoneyGram, and Others |
Key Segment | By Type, Application, End-User, and Region |
Major Regions Covered | North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options | Request customized purchase options to meet your research needs. |
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