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The future of the global culture media market looks promising with opportunities in applications, such as cancer research, biopharmaceuticals, regenerative medicine & tissue engineering, stem cell technologies, and drug discovery. The global culture media market is expected to grow with a CAGR of 7%-9% from 2020 to 2025. The major drivers for this market are increasing research and development activities, rising innovation in the life science sector, and growing production of biopharmaceutical.
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In this market, cancer research is the largest application of culture media. Growth in various segments of the culture media market are given below: