Cell culture media market size was estimated at USD _43.7 million in 2020 and is forecast to reach USD _87.9 million by 2027.
Cell culture media is referred to as a technique whereby cells, tissues or organs are removed from plant or animal species in order to place them in an unnatural environment in order to protect that species and aid its survival. The media is a type of nutrient that is added to the harvested cells in order to enhance the survival and growth of the cells. Cell culture media is mainly used by scientists and researchers as well as certain laboratories and pharmaceutical companies.
There has also been a huge increase due to cell culture type vaccines as well as these cell cultures being used by huge pharmaceutical companies in the testing and creating of their products which are consumed at a huge rate. Especially since skincare products and routines are very heavily in demand during recent years.
This increase in demand has led to cell culture media’s being rapidly developed and a need for an easy type of media means that it has gone from very natural to more synthesized. Also, the fact that cell cultures are very easily contaminated by bacteria and chemicals could cause a problem if they are not analyzed properly before being implemented in a product or used for experimentation.
Cell Culture Media Market Growth and Trends
The cell culture media market is fostered by the increasing prevalence of cancer and infectious diseases, growing pharmaceutical industry, rising biopharmaceutical drugs in the pipeline, and increasing geriatric population. Rise in research and development in the pharmaceutical and biotechnology industry is fuelling the growth of the cell culture media market, in search of breakthroughs for conditions such as dementia, cancer, and rare genetic diseases. Since the Covid-19 pandemic has resulted in tremendous increase of burden on healthcare organizations across the globe and, furthermore, governments across the globe have announced country-wide lockdowns and social distancing measures for prevention of collapse of their health systems, the cell culture media market is on a steep growth trajectory as many researchers on a worldwide basis are engaged in the viral research of SARS-CoV-2, the virus that causes Covid-19. Cell culture-based viral vaccines are being used globally to increase the immunity of humans against infections. Currently, mammalian cell lines are being used for culturing the SARS-CoV-2 virus for purposes of research. In bioproduction, culture mediums provide nutrients and component cells that are required to grow under controlled environmental conditions in order to produce therapeutics with desired levels of pharmaceutical efficacy, and the determined cell behaviour will help with vaccine development by expediting the vaccine research and development processes using cell culture technology. This development has highly increased the demand for cell culture products in current times and is further anticipated to increase in the last quarter of 2020 and 2021. Stem cell research is focusing on new therapies for respiratory problems, leukaemia, and skin disease. The reagents, equipment, and other products associated with this research ought to be of highest quality to provide accurate results.
However, the cost of cell culture media and contamination of media are limiting factors to the growth of the market.
Cell Culture Media Market Competition
Key companies operating in this industry are Life Technologies, Corning (Cellgro), Sigma-Aldrich, Thermo Fisher, Merck Millipore, GE Healthcare, Lonza, BD, HiMedia, Takara, CellGenix, Atlanta, Biologicals, PromoCell and Zenbio.
• Cell Culture Media Market Revenue Estimation and Forecast (2020 – 2027)
• Production Estimation and Forecast (2020 – 2027)
• Sales/Consumption Volume Estimation and Forecast (2020 – 2027)
• Breakdown of Revenue by Segments (2020 – 2027)
• Breakdown of Production by Segments (2020 – 2027)
• Breakdown of Sales Volume by Segments (2020 – 2027)
• Gross Margin and Profitability Analysis of Companies
• Business Trend and Expansion Analysis
• Import and Export Analysis
Cell Culture Media Market Segmentation
Product Outlook (Revenue, USD Million, 2020 - 2027)
• Classical Media & Salts
• Serum-free Media
• Stem Cell Media
Application Outlook (Revenue, USD Million, 2020 - 2027)
• Biopharmaceutical Manufacturing
• Tissue Culture & Engineering
• Gene Therapy
Country (Revenue, USD Million, 2020 - 2027)
• United States
• South Korea
• Rest of Asia Pacific
• Rest of Europe
• Rest of South America
Middle East and Africa
• Saudi Arabia
Cell Culture Media Market Companies
• Life Technologies
• Corning (Cellgro)
• Thermo Fisher
• Merck Millipore
• GE Healthcare
• Atlanta Biologicals
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