According to a new market report published by Lucintel, the future of the 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 8% 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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Culture media is a special medium or a substance containing nutrients, energy sources, buffer salts, minerals, metals, and gelling agents in which microorganisms, cells, or tissues are cultivated for scientific purposes.
Within this market, cancer research will remain the largest segment by application over the forecast period due to rising focus on production of monoclonal antibodies and increasing prevalence of cancer.
North America will remain the largest region over the forecast period due to rising investment in research and development activities, advancement in technologies related to cell culture media, and increasing prevalance of cancer in the region.
Avantor Performance Materials, B&D, Bio-Rad Laboratories, Caisson Laboratories, Cell Culture Technologies, Corning, Fujifilm, GE Healthcare, HiMedia Laboratories, and Lonza are among the major suppliers in the global culture media market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global culture media market by type, research type, application, end user, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Culture Media Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global culture media market by type, research type, application, end user, and region as follows:
By Type [Value ($ Million) shipment analysis for 2014 – 2025]:
Lysogeny Broth
Chemically Defined Media
Classical Media
Serum-free Media
Specialty Media
Stem Cell Media
Custom Media Formulation
Others
By Research Type [Value ($ Million) shipment analysis for 2014 – 2025]:
Cytogenetics
Cell Therapy
Others
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
Cancer Research
Biopharmaceuticals
Regenerative Medicine & Tissue Engineering
Stem Cell Technologies
Drug Discovery
Others
By End User [Value ($ Million) shipment analysis for 2014 – 2025]:
Biotechnology & Pharmaceutical Industry
Academic Institutes
Research Laboratories
Others
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
United Kingdom
Spain
Germany
France
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.