The global Cell Culture Media market reached a value of about USD 1970 million in 2021. The industry is projected to grow at a CAGR of around 7.5% in the forecast period of 2022-2027 to reach a value of about USD 3041 million by 2027.
The global Cell Culture Media industry report gives a comprehensive analysis of the industry, including key segments, trends, drivers, restraints, the competitive landscape, and other essential market aspects. The growing research and development in the sector are primarily driving the market growth. The Asia Pacific is the highest category spender by region, driving the demand for the Cell Culture Media industry.
Cell culture mediums are made up of a blend of chemicals and nutrients that promote cellular development. It refers to removing cells, tissues, or organs from animals or plants and placing them in an artificial environment that supports their survival and multiplication. Cell cultures require media, or nutritional growth ingredients, to develop and survive in their incubation environment.
The Cell Culture Media industry report comprises segments by form (liquid media and solid/powder media), group (standard Basil media and custom media), composition (chemically defined media and serum-based media) and region (North America, Europe, Asia Pacific, the Middle East and Africa, and South America).
The Asia Pacific holds the largest share in the industry due to increased research and development expertise in the field of cell culture medium. The market for advanced stem cell treatments will continue to rise in this area.
The market is being driven by the rise in the number of chronic diseases, which further leads to improved research infrastructure and cell-based research policy. The advantages of the process, including shorter lead times and the capacity to create vaccines in more significant numbers on demand, and that cell culture-based vaccinations may be kept for extended periods, are furthering the industry’s expansion. As a result, cell-based vaccinations have become increasingly popular in recent years, prompting significant corporations to try to cash in on the prospects. Also, the Increased applications of gene treatments and growth in the number of cancer research initiatives are likely to impact the market positively.
The global Cell Culture Media industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by primary global Cell Culture Media regions, such as engagement models, contract terms, and buyer and supplier negotiation levers.
Agar is frequently used in microbial cultures for growth plates or liquid systems. Agar is available in liquid and powder forms, with added nutrients for optimum development. Because established cell lines, stem cells, and primordial cells require different nutrients, the media for each kind varies from simple to complex. Depending on the culture attachment or development stage, primary neuronal cultures need specialised media and additional supplies. Amino acids, Vitamins, Carbohydrates, Inorganic salts, Basic and trace elements, Serum, Hormones, Buffering systems, Supplements, and Antibiotics are all standard components of the cell culture medium.
The industry is witnessing growth due to the rising R&D spending in pharmaceutical companies. In addition, increased demand for vaccines and monoclonal antibodies is likely to propel the cell culture media market forward. Cell culture media market growth potential is being bolstered by increased attention and investment in research and development capabilities in cell-based research. The need for a cell culture medium has been boosted by advances in genetic engineering, genomic and proteomic analysis, and recombinant DNA technologies. The market is being propelled by the development of innovative three-dimensional Cell Culture techniques and the rising need for these techniques in biopharmaceutical research and vaccine manufacturing. The demand for innovative 3D cell culturing techniques and Cell Cultures is expected to be driven by advances in proteomic gene expression and the development of novel vaccines and biopharmaceuticals. As a result, the industry is expanding.
The regional markets for the industry can be divided into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.
With multiple prominent competitors, the culture media market is relatively competitive. Few large competitors are currently dominating the industry in terms of market share. Furthermore, the advantages of 3D cell cultures have enticed several companies to invest in this area. Microfluidic organ-on-a-chip models, which are 3D microfluidic cell culture chips built to replicate the physiology of an organ, have also gotten a lot of attention. Various 3D cell culture firms are obtaining money from venture capitalists to speed up the marketing and distribution of their goods. In the following years, such initiatives by investors and industry participants are projected to provide considerable development prospects for market players.
1. Executive Summary
2. Cell Culture Media Market Snapshot
2.1. Cell Culture Media Market Outlook
2.2. Cell Culture Media Industry Analysis by Form
2.2.1. Liquid Media
2.2.2. Solid/Powder Media
2.3. Cell Culture Media Industry Analysis by Group
2.3.1. Standard Basal Media
2.3.2. Custom Media
2.4. Cell Culture Media Industry Analysis by Composition
2.4.1. Chemically Defined Media
2.4.2. Serum Based Media
2.5. Region Overview
2.5.1. North America
2.5.2. Asia Pacific
2.5.4. Latin America
2.5.5. Middle East and Africa
3. Impact of Recent Events
4. Cell Culture Media Value Chain Analysis
5. Cell Culture Media Production Process
6. Trade Analysis
7. Major Risk Factors in Sourcing
8. Cell Culture Media Cost Structure
9. Cell Culture Media Price Analysis
10. Key Demand Indicator Analysis
11. Key Price Indicator Analysis
12. Cell Culture Media Market Dynamics
12.1. Drivers & Constraints
12.2. Industry Events
12.3. Innovations & Trends
12.4. Swot Analysis
12.5. Porter’s Five Forces
12.5.1. Buyer Power
12.5.2. Supplier Power
12.5.3. Threat of New Entrants
12.5.4. Threat of Substitutes
12.5.5. Industry Rivalry
13. Industry Best Practices
13.1. Sourcing Strategy
13.2. Procurement Model
13.3. Contract Structure
13.4. Negotiation Levers
13.5. Pricing Model
13.6. Key Factors Influencing the Quotation
14. Key Supplier Analysis
14.1. Thermo Fisher Scientific Inc.
14.2. Merck KGaA
14.3. Cytiva Life Sciences
14.4. Fujifilm Irvine Scientific,Inc
14.5. Lonza Group Ltd.
The global Cell Culture Media market size was valued at USD 1970 million in 2021.
In the forecast period of 2022-2027, the market is projected to grow at a CAGR of 7.5%.
The significant demand for the process to rise in chronic illnesses is one of the essential drivers of the Cell Culture Media market growth.
Thermo Fisher Scientific Inc., Merck KGaA, Cytiva Life Sciences, Fujifilm Irvine Scientific, Inc., and Lonza Group Ltd. are some of the key players in the market.
The Asia Pacific region of the Cell Culture Media industry holds a significant share in the market.
The global Cell, Culture Media market attained a value of USD 1970 million in 2021, driven by the rise in several chronic diseases, further leading to improved research infrastructure and cell-based research policy. The advantages of the process, including shorter lead times and the capacity to create vaccines in more significant numbers on demand, and that cell culture-based vaccinations may be kept for extended periods, are furthering the industry’s expansion. Aided by the rising R&D spending in pharmaceutical companies, the market is expected to witness further growth in the forecast period of 2022-2027, growing at a CAGR of 7.5%. The market is projected to reach USD 3041 million by 2027. Some of the leading players in the industry are Thermo Fisher Scientific Inc., Merck KGaA, Cytiva Life Sciences, Fujifilm Irvine Scientific, Inc., and Lonza Group Ltd.
Procurement Resources’ detailed research approach explores deep into the industry, encompassing the macro and micro aspects of the industry. Its team of experts uses a combination of cutting-edge analytical tools and their expertise, thus, delivering its customers with market insights that are accurate, and actionable and help them remain ahead of their competition.
At Procurement Resource our analysts are selected after they are assessed thoroughly on having required qualities so that they can work effectively and productively and are able to execute projects based on the expectations shared by our clients. Our team is hence, technically exceptional, strategic, pragmatic, well experienced and competent.
We understand the cruciality of high-quality assessments that are important for our clients to take timely decisions and plan strategically. We have been continuously upgrading our tools and resources over the past years to become useful partners for our clientele. Our research methods are supported by most recent technology, our trusted and verified databases that are modified as per the needs help us serve our clients effectively every time and puts them ahead of their competitors.
Our team provides a detailed, high quality and deeply researched evaluations in competitive prices, that are unmatchable, and demonstrates our understanding of our client’s resource composition. These reports support our clientele make important procurement and supply chains choices that further helps them to place themselves ahead of their counterparts. We also offer attractive discounts or rebates on our forth coming reports.
Our vision is to enable our clients with superior quality market assessment and actionable evaluations to assist them with taking timely and right decisions. We are always ready to deliver our clients with maximum results by delivering them with customised suggestions to meet their exact needs within the specified timeline and help them understand the market dynamics in a better way.
Email Delivery Price: $ 999.00
The global HEOR market reached a value of about USD 1364.3 million in 2021. The industry is further expected to grow at a CAGR of about 12.81% in the forecast period of 2022-2027 to reach a value of around USD 2779.2 million by 2027.Read More
Email Delivery Price: $ 999.00
The global nutmeg market reached a value of about 134 thousand tonnes in 2021. The industry is further expected to grow at a CAGR of about 4.5% in the forecast period of 2022-2027 to reach a value of around 167 thousand tonnes by 2027.Read More
Email Delivery Price: $ 999.00
The global Artificial Intelligence Market reached a value of about USD 192 Billion in 2021. The industry is projected to grow at a CAGR of around 23% in the forecast period of 2022-2027 to reach a value of about USD 664.86 Billion by 2027.Read More