Market Research Future has declared the expansion of the "Worldwide Cell Culture Media Market Research Report Provides Industry Size, Shares and Forecasts till 2023. Cell Culture Media Industry Analysis By Type, Application, End-user.
Pune, India - July 15, 2019 /MarketersMedia/ —
Cell Culture Media Market Insight
Market Research Future (MRFR) has come up with its reports associated with global cell culture media market, which states that the market is touted to exhibit a healthy CAGR of 9.1%, during the assessment period (2017-2023). The market is expected to benefit from stem cell research, biopharmaceuticals, and oncology that are significant drivers for its growth.
Cell nature medium is considered to be a liquid or gel designed that encourages the growth of micro-organisms, cell lines, and cells. It also contains amino acids, inorganic salts, vitamins, glucose, serum, and other vital nutrients to grow more various types of cells. The emergence of multiple biotech startups and contract research organizations are mushrooming the meet the demand for biopharmaceutical products can boost the market growth in the foreseen years. On the other hand, a considerable rise in research and development in the expenditure of various companies is also anticipated to augur market growth over time.
The global cell culture media market is also on the verge of developing due to the presence of lax policies regarding stem cell studies, mainly in the developing regions. However, challenges remain in the form of high costs of culture media, standardization, and the chance of contamination. Massive investment in this market is also one of the major factors that can take global growth during the assessment period.
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Cell Culture Media Market Segmentation
MRFR also initiated a segmental analysis of global cell culture media market, which includes type and end-user. Therefore, under the type segments, the segments such as chemically defined media, serum-free media, protein-free media, classical media, custom media, and lysogeny broth. Are included. Also, this segment comprises key market applications such as stem cell research, genetic engineering, tissue engineering & biochemistry, toxicity testing, cancer research, and drug discovery & drug development. Whereas, the end-user segment includes research laboratories, pathology labs, academic institutes, and biotechnology & pharmaceutical industries.
Cell Culture Media Market Regional Outlook
Geographic analysis of the global cell culture media market includes namely Americas, Europe, Asia Pacific (APAC), and the Middle East and Africa (MEA), conferring to the market sizing.
North America reigned supreme market in the global cell culture media market in 2016 with the support of activeness of global manufacturers of cell culture media, especially in the U.S. With the presence of cell culture media manufacturing giants, such as Thermo Fisher Scientific, Merck KGaA, and others, have eventually taken the market towards growth graph. Moreover, factors such as rise in the R&D investments, increase in advancements associated with cell culture media, and high demand for cell culture media is augmented to fuel the growth of the market in the same region.
The Asia Pacific is also getting a significant potential growth of the market owing to the increase in the accessibility and availability of research facilities and a considerable rise in healthcare & research expenditure. Apart from this, significant economic development in this region is also boosting the market growth remarkably.
Cell Culture Media Market Key Players
HiMedia Laboratories (India), Thermo Fisher Scientific (U.S.), BD Biosciences (U.S.), Lonza (Switzerland), Corning Incorporated (U.S.), Merck KGaA (Germany), and GE Healthcare (U.S.). These are some of the crucial players effective in the cell culture media market. Furthermore, in 2017, GE Healthcare and the Austrian Center of Industrial Biotechnology collaborated to produce a cell line.
Cell Culture Media Industry Players
July 08, 2019: FUJIFILM Irvine Scientific, Inc., a global leader in the innovation, development, and manufacture of cell culture media, announced about its plans to open a third manufacturing facility in Tilburg, Netherlands. The company currently sites in the United States and Japan. Fujifilm’s investment in the manufacture of cell culture media demonstrates its commitment to accelerate development in bioproduction, and cell and gene therapy markets.
TABLE OF CONTENTS
1 Report Prologue$ 1,350.00
2 Market Introduction$ 0.00
2.1 Scope Of Study 15
2.2 Research Objective 15
2.3 Assumptions & Limitations 16
2.3.1 Assumptions 16
2.3.2 Limitations 16
2.4 Market Structure 16
3 Research Methodology$ 0.00
3.1 Introduction 17
3.2 Primary Research 18
3.3 Secondary Research 18
3.4 Market Size Estimation of 19
4 Market Dynamics$ 950.00
4.1 Drivers 21
4.1.1 Rise In Demand For Cell Culture Media Will Boost The Growth Globally (Impact Weightage 40%) 21
4.1.2 CRO To Benefit The Market Because Of Competition, Economics Of Production And Trade, Specialization (Impact Weightage – 25%) 22
4.1.3 Rising Research And Development And Number Of Biotech Start-Ups Will Boost The Demand Due To Better Product Development And Increasing Capacity (Impact Weightage – 35%) 23
4.2 Restraints 24
4.2.1 Standardization And Interoperability Issues (Impact Weightage – 55%) 24
4.2.2 Cost Of Cell Culture Media And Contamination Of Media Is A Threat To The Growth Of The Market (Impact Weightage -45%) 25
4.3 Opportunities 26
4.3.1 Research And Development 26
4.3.2 Personalization And Customization 26
4.3.3 Developing Regions As A Base For Production 26
4.4 Challenges 26
4.4.1 Growth In Exposure To Natural And Man-Made Threats 26
4.5 Macroeconomic Indicators 27
4.5.1 Developing Regions Are Expected To Lead The Future Market 27
4.5.2 Growth Of Contract Manufacturing In Cell Culture Media 27
4.5.3 Rise Of Developing Regions In Muscle Stimulator Market 27
4.6 Mega Trends In Cell Culture Media 28
4.6.1 Manufacturing 28
4.6.2 Substitution Of Serum Or Animal-Derived Components 28
5 Market Factor Analysis
...Continued
To view the full report, visit at https://www.marketresearchfuture.com/reports/cell-culture-media-market-4462
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Source: MarketersMedia
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