Exploring the Global Cell Culture Media Market: Trends and Forecasts
The global cell culture media market in terms of revenue was estimated to be worth $6.2 billion in 2023 and is poised to reach $13.0 billion by 2028, growing at a CAGR of 16.0% from 2023 to 2028.?
Asia Pacific region is the fastest-growing region of the cell culture media market.
On the basis of the region, the global cell culture media market has been segmented into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. During the forecast period, the Asia Pacific market is estimated to register the highest CAGR during the forecast period. Increased focus of key market players on geographical expansion in emerging markets, favorable government policies and support for cell-based vaccines in the region and less manufacturing cost are some of the major factors anticipated to have positive impact on the market growth of Asia Pacific region.
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Global Cell Culture Media Market Segmentation:
In 2022, the serum-free media segment accounted for the largest share of the type segment in the cell culture media market.
On the basis of type, the cell culture media market is divided into serum-free media, classical media & salts, stem cell culture media, specialty media, chemically defined media, and other cell culture media. In 2022, the serum-free media segment holds for the bigest share of the market.
In 2022, the biopharmaceutical production segment accounted for the largest share of the application segment in the cell culture media market.
On the basis of application, the cell culture media market is categorized into biopharmaceutical production, diagnostics, drug discovery & development, tissue engineering & regenerative medicine, and other applications. The biopharmaceutical production segment is estimated to grow at the highest growth rate during the forecast period.
Key Market Players:
赛默飞世尔科技 , Merck KGaA, Darmstadt, Germany , Danaher Corporation , Sartorius , 康宁公司 , FUJIFILM Irvine Scientific , 龙沙 , Becton Dickenson , Miltenyi Biotec
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Cell Culture Media Market?Dynamics:
Drivers:
Increasing demand for serum and animal component-free media
Restraints:
Expensive cell biology research products
Opportunities:
Increasing incidence of infectious diseases and outbreaks of pandemics
Challenges:
Survival of small players and new entrants
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