New York, NY, April 25, 2018 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Cell Culture Media Market; by Reagent Type (Albumin, Hormones, Attachment Factors, Amino acid, and Growth factors and Cytokines); by Type (Chemically-defined media, Classical media, Lysogeny broth, Protein-free media, Serum-free media, and Specialty media); for Applications (Biopharmaceuticals and Therapeutics, Biotech Research, Cancer, Drug Screening and Drug Development, Regenerative Medicine and Tissue Engineering, and Stem Cell Technologies); and by End-users (Biotechnology and Pharmaceutical companies, Research Laboratories, Academic Institutes, and Pathology Labs): Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026”.
According to the report, the global cell culture media market was valued at around USD 676 million in the year 2017 and it is expected to reach approximately USD 1,394 million by 2026. The global cell culture media market is expected to exhibit a CAGR of more than 8.2% between 2018 and 2026.
Browse through 150 Tables & 35 Figures spread over 110 Pages and in-depth TOC on "Global Cell Culture Media Market Size Report 2018: Industry Share, Trends, and Forecast, 2026”.
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Market Report Highlights:
- Increasing incidences of chronic diseases and rising demand for customized treatment will boost the growth of the cell culture media market in the coming years.
- Emerging economies such as China and India are expected to experience a significant market growth owing to developing pharmaceutical & biotechnology industrial infrastructure and rising initiatives for life science research.
- Lack of skilled personnel for proper handling of culture media is expected to restrict the growth of cell culture media market.
- Attachment factors dominate the reagent type segment of the cell culture media market as it is widely adopted and preferred in research and study of cell culture and cultivation, due to its adherent capabilities.
- Recombinant human serum albumin is the most lucrative sub-segment of albumin reagents and is also anticipated to grow at highest CAGR of around 8% from 2018 to 2026.
- Insulin-like growth factors anticipate accounting for the largest market share during the forecast period, owing to increasing chronic diseases such as diabetes.
- Lysogeny broth segment is expected to grow at highest CAGR, due to huge acceptance and multiple applications of this media for the growth of several microorganisms.
- Biotech research application segment is anticipated to grow at the highest CAGR over the forecast period, due to rising number of biotechnological research and studies supported by government initiative in developing regions.
- Biotechnology and pharmaceutical companies are anticipated to account for the largest share by end-user segment. Whereas research laboratories are predicted to grow at highest CAGR, owing to the wide use of cell culture media in research and trials.
- North America held the dominant position in the global cell culture media market with around 36% share in 2017. The U.S. anticipates dominating the North America market throughout the forecast period owing to the presence of major biotech and pharmaceutical industries in the country. Europe contributed the second largest market share in global cell culture media market. Germany dominates the European cell culture media market due to increasing biotechnology research and clinical research in life science domain.
- China and India are some of the leading countries that contribute a major share in the cell culture media market in the Asia Pacific.
- Brazil contributes the major market share in Latin America market owing to increasing biotechnology industrial base in the region.
- Increasing research activities, developing healthcare infrastructure, and rising pharmaceutical industry development in the Middle East & Africa is expected to propel the growth of the market in this region.
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According to the analysts and insights shared by industry experts during primary research, attachment factors reagent segment is expected to contribute a prominent market share in the global cell culture media market. Attachment factors are the type of structural proteins having adherent properties that help in propelling the cell-substrate interactions in a culture dependent environment.
The serum-free media type is expected to grow at significant CAGR during the forecast period, owing to high adoption rate and advantages of serum-free media for cell culture process. Increasing incidences of chronic diseases and their better treatment will boost the biopharmaceuticals and therapeutics application segment during the forecast period. Rising adoption of new technologies and innovation in different life science sectors trigger the growth of the biotechnology and pharmaceutical companies segment.
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The cell culture is one of the important processes in life science studies. It is commonly used for the elimination of cells, tissues, or organs from plant or animals and is accordingly placed into the artificial environment for their development. The basic requirements for cell growth (in vitro cultivation) are controlled temperature, substrates, controlled pH conditions, and most importantly appropriate growth medium. The cell culture media consist of necessary compounds and source of energy which is required for maintaining & regulating the cell cycle. A typical cell culture media consists of hormones, attachment factors, vitamins, serum, inorganic salts, glucose, growth factors, amino acids, etc. depending on the need of different cell types.
The growth of cell culture media market is fueled by increasing number of cell culture practices due to increasing demand for biotechnology products and raising awareness about in vitro cultivation in several fields such as tissue culture, drug discovery, and others.
Browse the full " Cell Culture Media Market; by Reagent Type (Albumin, Hormones, Attachment Factors, Amino acid, and Growth factors and Cytokines); by Type (Chemically-defined media, Classical media, Lysogeny broth, Protein-free media, Serum-free media, and Specialty media); for Applications (Biopharmaceuticals and Therapeutics, Biotech Research, Cancer, Drug Screening and Drug Development, Regenerative Medicine and Tissue Engineering, and Stem Cell Technologies); and by End-users (Biotechnology and Pharmaceutical companies, Research Laboratories, Academic Institutes, and Pathology Labs): Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026" report at https://www.zionmarketresearch.com/report/cell-culture-media-market
Based on reagent type, attachment factors contributed the major share in the global cell culture media market. Its properties like enabling the attachment of the cells to the culture dish and increasing the cell-substrate interactions in a culture dependent environment are driving the growth of the attachment factors segment. The amino acid segment is expected to grow at the highest CAGR in the forecast period.
The albumin reagent is further segmented into bovine serum albumin, human serum albumin, and recombinant human serum albumin. Recombinant human serum albumin segment is expected to grow with the highest CAGR during the forecast period. The growth factor reagents are also divided into tumor necrosis factors, insulin-like growth factors, interferons, and interleukins. Tumor necrosis factors segment is expected to grow at the highest CAGR during the forecast period.
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On the basis of types, the market is segmented into chemically-defined media, classical media, lysogeny broth, protein-free media, serum-free media, and specialty media. The classical media is expected to account for the largest share of global cell culture media market, owing to its high adoption and preference in small-scale low-density cultures. The lysogeny broth segment anticipates holding the second largest market share with highest CAGR during the forecast period, owing to its high nutritional value suitable for the growth of several bacterial cultures.
The market is growing at a rapid rate in the developed regions. North America is anticipated to dominate the global cell culture media market during the forecast period. The increasing R&D activities and adoption of new technologies and protocols for in vitro cultivations are driving the growth of the market in North America. The Asia Pacific contributes a significant market share in the global cell culture media market. Asia Pacific is also anticipated to grow at the highest CAGR owing to the increasing number of research activities and developing pharmaceutical and biotechnology industries in the region.
The major market players in the cell culture media market are Analytical Biological Services Inc., Atlanta Biologicals, Inc., BD Biosciences, Cell Essentials, Inc., ClonTech Laboratories, Inc., GE Healthcare, JR Scientific, Inc., Life Technologies, Lonza Bioscience, Merck Millipore, MP Biomedicals, Novozymes Biopharma US Inc., Quality Biological, Inc., SeraCare Life Sciences, Inc., Siam Bioscience Co. Ltd., Sigma-Aldrich, Stemcell Technologies Inc., and Thermo Fisher Scientific, Inc., among others.
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The global cell culture media market is segmented on the basis of the reagent type, type, applications, end-users, and the geographical regions.
Global Cell Culture Media Market: Reagent Type Segment Analysis
- Albumin
- Bovine Serum Albumin
- Human Serum Albumin
- Recombinant Human Serum Albumin
- Hormones
- Attachment Factors
- Amino acid
- Growth factors and Cytokines
- Tumor necrosis factors
- Insulin-like growth factors
- Interferons
- Interleukins
Global Cell Culture Media Market: Type Segment Analysis
- Chemically-defined media
- Classical media
- Lysogeny broth
- Protein-free media
- Serum-free media
- Specialty media
Global Cell Culture Media Market: Application Segment Analysis
- Biopharmaceuticals and Therapeutics
- Biotech Research
- Cancer
- Drug Screening and Drug Development
- Regenerative Medicine and Tissue Engineering
- Stem Cell Technologies
- Global Cell Culture Media Market: End-user Segment Analysis
- Biotechnology and Pharmaceutical companies
- Research Laboratories
- Academic Institutes
- Pathology Labs
Global Cell Culture Media Market: Regional Segment Analysis
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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