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Cell Culture Media Market Trends and Forecast

The future of the global cell culture media market looks promising with opportunities in pharmaceutical and biotechnology companies, hospitals and diagnostic laboratories, and research & academic institutes. The global cell culture media market is expected to reach an estimated $9.1 billion by 2028 with a CAGR of 12.3% from 2023 to 2028. The major drivers for this market are expanding biopharmaceutical industry, increasing demand for monoclonal bodies and vaccine production, and growing expenditure in research and development activities in the life science sector.
Cell Culture Media Market by Product, Type, Application, and End Use Industry

A more than 150-page report is developed to help in your business decisions. A sample figure with some insights is shown below. 
Cell Culture Media Market by Segments

Cell Culture Media Market by Segment

The study includes trends and forecast for the global cell culture media market by product, type, application, end use industry, and region, as follows:

Cell Culture Media Market by Product [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Serum-Free Media
    • CHO Media
    • BHK Medium 
    • Vero Medium  
    • HEK 293 Media  
    • Others
  • Classical Media
  • Stem Cell Culture Media
  • Specialty Media
  • Chemically Defined Media
  • Others

Cell Culture Media Market by Type [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Biopharmaceutical Production
    • Monoclonal Antibodies
    • Vaccine Production
    • Others
  • Diagnostics
  • Drug Screening and Development
  • Tissue Engineering and Regenerative Medicine
    • Cell and Gene Therapy
    • Others
  • Others

Cell Culture Media Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Liquid Media
  • Semi-Solid and Solid Media

Cell Culture Media Market by End Use Industry [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Pharmaceutical and Biotechnology Companies
  • Hospitals and Diagnostic Laboratories
  • Research and Academic Institutes
  • Others

Cell Culture Media Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Cell Culture Media Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, cell culture media companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the cell culture media companies profiled in this report include- 

Cell Culture Media Market Insights

  • Lucintel forecasts that serum free media will remain the largest segment over the forecast period due to its increasing usage in the treatment for molecular genetics, cancer research and plant research as it ensures improved productivity and reduced risk relate to contamination by serum-borne adventitious agents in the culture. 
  • Pharma and biopharma companies is expected to remain the largest segment due to the growing demand for bioprocessing and increasing need for cell-based pharmaceutical research activities. 
  • North America will remain the largest region due to the growing number of cancer patients and supportive funds for R&D activity of cell culture in the region.

Features of the Cell Culture Media Market

  • Market Size Estimates: Cell culture media market size estimation in terms of value ($B)
  • Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
  • Segmentation Analysis: Cell culture media market size by various segments, such as by product, type, application, end use industry, and region
  • Regional Analysis: Cell culture media market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different by product, type, application, end use industry, and regions for the cell culture media market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the cell culture media market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the cell culture media market size?
Answer: The global cell culture media market is expected to reach an estimated $9.1 billion by 2028.
Q2. What is the growth forecast for cell culture media market?
Answer: The global cell culture media market is expected to grow with a CAGR of 12.3% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the cell culture media market?
Answer: The major drivers for this market are expanding biopharmaceutical industry, increasing demand for monoclonal bodies and vaccine production, and growing expenditure in research and development activities in life science sector.
Q4. What are the major segments for cell culture media market?
Answer: The future of the cell culture media market looks promising with opportunities in pharmaceutical and biotechnology companies, hospitals and diagnostic laboratories, and research & academic institutes.
Q5. Who are the key cell culture media companies?
Answer: Some of the key cell culture media companies are as follows:
  • Thermo Fisher
  • Merck
  • CYTIVA
  • Sartorius
  • FUJIFILM Irvine Scientific
Q6. Which cell culture media segment will be the largest in future?
Answer: Lucintel forecasts that serum free media will remain the largest segment over the forecast period due to its increasing usage in the treatment for molecular genetics, cancer research and plant research as it ensures improved productivity and reduced risk relate to contamination by serum-borne adventitious agents in the culture. 
Q7. In cell culture media market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region due to the growing number of cancer patients and supportive funds for R&D activity of cell culture in the region.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions

Q.1. What are some of the most promising, high-growth opportunities for the cell culture media market by product (serum-free media, classical media, stem cell culture media, specialty media, chemically defined media, and others), type (liquid media and semi-solid & solid media), application (biopharmaceutical production, diagnostics, drug screening and development, tissue engineering and regenerative medicine, and others), end use industry (pharmaceutical and biotechnology companies, hospitals and diagnostic laboratories, research and academic institutes, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2.  Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
 
For any questions related to cell culture media market or related cell culture media companies, cell culture media market size, cell culture media market share, cell culture media analysis, write Lucintel analyst at email: helpdesk@lucintel.com we will be glad to get back to you soon.
Table of Contents
 
1. Executive Summary
 
2. Global Cell Culture Media Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
 
3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends (2017-2022) and Forecast (2023-2028)
3.2: Global Cell Culture Media Market Trends (2017-2022) and Forecast (2023-2028)
3.3: Global Cell Culture Media Market by Product 
3.3.1: Serum-free Media  
3.3.1.1: CHO Media  
3.3.1.2: BHK Medium    
3.3.1.3: Vero Medium   
3.3.1.4: HEK 293 Media   
3.3.1.5: Others  
3.3.2: Classical Media  
3.3.3: Stem Cell Culture Media  
3.3.4: Specialty Media  
3.3.5: Chemically Defined Media  
3.3.6: Others  
3.4: Global Cell Culture Media Market by Type
3.4.1: Biopharmaceutical Production  
3.4.1.1: Monoclonal Antibodies  
3.4.1.2: Vaccine Production  
3.4.1.3: Others  
3.4.2: Diagnostics  
3.4.3: Drug Screening and Development  
3.4.4: Tissue Engineering and Regenerative Medicine  
3.4.4.1: Cell and Gene Therapy  
3.4.4.2: Others  
3.4.5: Others  
3.5: Global Cell Culture Media Market by Application
3.5.1: Liquid Media  
3.5.2: Semi-Solid and Solid Media  
3.6: Global Cell Culture Media Market by End Use Industry
3.6.1: Pharmaceutical and Biotechnology Companies  
3.6.2: Hospitals and Diagnostic Laboratories  
3.6.3: Research and Academic Institutes  
3.6.4: Others  
 
4. Market Trends and Forecast Analysis by Region from 2017 to 2028
4.1: Global Cell Culture Media Market by Region
4.2: North American Cell Culture Media Market
4.2.1: North American Cell Culture Media Market by Product: Serum-Free Media, Classical Media, Stem Cell Culture Media, Specialty Media, Chemically Defined Media, and Others
4.2.2: North American Cell Culture Media Market by End Use Industry: Pharmaceutical and Biotechnology Companies, Hospitals and Diagnostic Laboratories, Research and Academic Institutes, and Others
4.3: European Cell Culture Media Market
4.3.1: European Cell Culture Media Market by Product: Serum-Free Media, Classical Media, Stem Cell Culture Media, Specialty Media, Chemically Defined Media, and Others
4.3.2: European Cell Culture Media Market by End Use Industry: Pharmaceutical and Biotechnology Companies, Hospitals and Diagnostic Laboratories, Research and Academic Institutes, and Others
4.4: APAC Cell Culture Media Market 
4.4.1: APAC Cell Culture Media Market by Product: Serum-Free Media, Classical Media, Stem Cell Culture Media, Specialty Media, Chemically Defined Media, and Others
4.4.2: APAC Cell Culture Media Market by End Use Industry: Pharmaceutical and Biotechnology Companies, Hospitals and Diagnostic Laboratories, Research and Academic Institutes, and Others
4.5: ROW Cell Culture Media Market 
4.5.1: ROW Cell Culture Media Market by Product: Serum-Free Media, Classical Media, Stem Cell Culture Media, Specialty Media, Chemically Defined Media, and Others
4.5.2: ROW Cell Culture Media Market by End Use Industry: Pharmaceutical and Biotechnology Companies, Hospitals and Diagnostic Laboratories, Research and Academic Institutes, and Others
 
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
 
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Cell Culture Media Market by Product
6.1.2: Growth Opportunities for the Global Cell Culture Media Market by Type
6.1.3: Growth Opportunities for the Global Cell Culture Media Market by Application 
6.1.4: Growth Opportunities for the Global Cell Culture Media Market by End Use Industry
6.1.5: Growth Opportunities for the Global Cell Culture Media Market by Region
6.2: Emerging Trends in the Global Cell Culture Media Market 
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Cell Culture Media Market 
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Cell Culture Media Market 
6.3.4: Certification and Licensing
 
7. Company Profiles of Leading Players
7.1: Thermo Fisher  
7.2: Merck  
7.3: CYTIVA  
7.4: Sartorius  
7.5: FUJIFILM Irvine Scientific  
 
.

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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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