ALBANY, New York, September 21, 2015 /PRNewswire/ --
According to a new market report published by Transparency Market Research 'Cell Culture Media, Sera, and Reagents Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2023', the global cell culture media, sera, and reagents market was valued at US $3.7 billion in 2014 and is estimated to reach US $7.1 billion by 2023 at a CAGR of 7.6% from 2015 to 2023.
The cell culture market has been extensively analyzed on the basis of media, sera, and reagents. The cell culture media segment has been sub-segmented into chemically defined, classical, lysogeny broth, protein-free, serum-free, and specialty media. The cell culture sera segment has been sub-segmented into fetal bovine serum, newborn calf and adult bovine serum, and others. The cell culture reagents segment has been sub-segmented into albumin, amino acids, attachment factors, growth factors and cytokines, protease inhibitors, and others. The albumin segment has been further studied for human serum albumin, bovine serum albumin, and recombinant serum albumin. The growth factors and cytokines segment has been studied for insulin-like growth factors, interleukins and interferon, tumor necrosis factors, and other growth factors and cytokines. The other reagents segment has been sub-segmented into porcine trypsin, recombinant trypsin, thrombin, and miscellaneous reagents.
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Cell culture media has been identified as the largest segment of the cell culture media, sera, and reagents market in 2014. Cell culture industry experts are of the opinion that end-users seek high quality media that provide both reproducible results as well as robust yields. The adoption of chemically defined media has been slow yet steady for both media manufacturers and bio processors. Demand for media has been shifting from serum-based to serum-sparing, serum-free animal derived, and chemically-defined media. Improvements in cell productivity and cell culture have led to the adoption of smaller processes that employ single use equipment. This has increased demand for ready-to-use liquid media and media powders.
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Sera provides wide range of macromolecules, trace elements, carrier proteins, spreading factors, hormones, low molecular weight nutrients, and other growth factors. Serum is commonly used as a supplement in cell culture media. Serum in general is an imprecise component of cell culture media, as a number of serum-free media formulations are being developed and introduced in the market. In addition, media without serum or animal derived components are considered ideal for the study of the role and function of small molecule drug candidates.
Cell culture reagents are chemicals that are used to synthesize or detect another substance under study in the culture. Most commonly used reagents are cell dissociation reagents, extracellular attachment matrices, cell freezing media, and cell washing solutions, growth factors, amino acids and other related products.
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The Global Cell Culture Media, Sera, and Reagents Market has been segmented as given below:
Global Cell Culture Media Market Revenue, by Type
- Chemically defined
- Lysogeny broth (LB)
Global Cell Culture Sera Market Revenue, by Type
- Fetal Bovine
- Newborn Calf and Adult Bovine Sera
Global Cell Culture Reagents Market Revenue, by Type
- Human Serum Albumin (HSA)
- Bovine Serum Albumin (BSA)
- Recombinant Serum Albumin (RSA)
Growth Factors & Cytokines
- Insulin-like Growth Factors (IGF)
- HumanKine Growth Factors and Cytokine
- Tumor Necrosis Factor (TNF)
Hormones (Insulin, Recombinant Insulin, Erythropoietin and Others)
- Porcine Trypsin
- Recombinant Trypsin
- Miscellaneous Reagents
Global Cell Culture Media, Sera, and Reagents Market Revenue, by Geography
- Rest of Europe
- Rest of Asia Pacific
Latin America (LATAM)
- Rest of Latin America
Rest of the World (RoW)
- Rest of RoW
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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company's exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR's data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
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SOURCE Transparency Market Research