Cell Culture Media Market Size to Reach USD 3836.5 Million by 2027 at CAGR 10.1% - Valuates Reports

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BANGALORE, India, Feb. 2, 2022 /PRNewswire/ -- The Cell Culture Media Market is Segmented by Type (Classical Media & Salts, Serum-free Media, Stem Cell Media, Other), Application (Biopharmaceutical Manufacturing, Tissue Culture & Engineering, Gene Therapy, Cytogenetic, Other). The report covers global opportunity analysis and industry forecasts from 2021 to 2027.

In 2020, the global Cell Culture Media market size was USD 1894.84 Million and it is expected to reach USD 3836.5 Million by the end of 2027, with a Compound Annual Growth Rate (CAGR) of 10.1% during 2021-2027.

Major Factors Driving The Growth Of The Cell Culture Media Market Are:

The cell culture media market expansion can be attributed to the high prevalence of chronic diseases as well as the need to treat them. Furthermore, increased public awareness of stem cell culture will boost the industry's growth.

The cell culture media market will benefit from increased spending on biotech research. Apart from that, the rising demand for vaccines and monoclonal antibodies is expected to boost the growth of the cell culture media market over the forecast period.

Furthermore, the threat posed by the disease has grown as a result of population growth, an increase in the incidence of such infectious diseases, and an increase in human contact. Pandemics and communicable diseases are becoming more likely, which presents opportunities for growth.

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Trends Influencing The Growth Of Cell Culture Media Market Are:

Due to rapid advancements in biopharmaceuticals, oncology, and stem cell research, the cell culture media market has evolved dramatically over the last decade. Furthermore, the market's growth is aided by increased funding and investments in R&D and innovation in the life science sector. The growth of the market is also influenced by funding for cell-based research, which favors single-based technologies and the introduction of advanced cell culture products.

The growing number of infectious diseases, as well as increased funding for cell culture, are expected to propel the cell culture media market even further. During the forecast period, the global cell culture media market is expected to see new revenue opportunities due to rising demand for vaccine production and advances in proteomic gene expression. Humans will be immunized with vaccines based on culture. Researchers have introduced cell culture-based vaccines in response to an increase in demand for vaccines with strict safety rules for novel vaccines in order to minimize and eradicate their spread.

Stem cell therapy research is at an all-time high in order to treat the disease's root cause, and it's backed by a lot of money. Cell Culture technology has grown in popularity due to the limited applicability of conventional pharmaceuticals and the lack of players in the biotechnology industry. In the near future, the market for these artificial organs is expected to grow at a significantly high rate, indicating rising demand and strong growth potential for the Cell Culture Media Market.

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Cell Culture Media  Market Share Analysis:

Based on the region,  in East Asia, China held the largest market share of about 60%, followed by Japan.

Based on product, Classical Media & Salts held the largest market share of about 50%.

Based on application, Biopharmaceutical Manufacturing is expected to hold the largest market share, followed by Tissue Culture & Engineering.

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Major Players in the Cell Culture Media Market

• Thermo Fisher
• Merck
• Corning
• Cytiva
• Lonza
• FUJIFILM
• Takara
• Ajinomoto Kohjin Bio
• Others

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SIMILAR REPORTS

• The global cell therapy market accounted for USD 7,754.89 Million in 2019, and is expected to reach USD 48,115.40 Million by 2027, registering a CAGR of 25.6% from 2020 to 2027.
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• The South Korea cell culture market size was valued at USD 216.3 Million in 2019 and is projected to reach USD 606.4 Million by 2027, registering a CAGR of 13.7% from 2020 to 2027.
• The global gene therapy cell culture media market accounted for USD 122.60 Million in 2019 and is expected to reach USD 278.96 Million by 2027, registering a CAGR of 10.6% from 2020 to 2027.
• The global Biopharmaceuticals market was valued at USD 82330 Million in 2020 and is projected to reach USD 113300 Million by 2027, registering a CAGR of 4.7% from 2021 to 2027.
• The global Stem Cell Media market was valued at USD 476.7 Million in 2022 and is projected to reach USD 812.8 Million by 2028, registering a Compound Annual Growth Rate (CAGR) of 9.3% from 2022 to 2028.
• The global Automated Cell Culture market was valued at USD 212 Million in 2020 and is expected to reach USD 358.8 Million by the end of 2027, growing at a CAGR of 7.9% during 2021-2027.
• Due to the COVID-19 pandemic, the global Cell Culture Media for Vaccine market size is estimated to be worth USD 990.5 Million in 2022 and is forecast to a readjusted size of USD 1537.1 Million by 2028 with a CAGR of 7.6% during the review period.
• The global Cell Culture Reagent market size is estimated to be worth USD 1746.7 Million in 2022 and is forecast to be a readjusted size of USD 2756.4 Million by 2028 with a CAGR of 7.9% during the review period.
• The global Cell Culture Media Bags market was valued at USD 344.4 Million in 2020 and is expected to reach USD 654.9 Million by the end of 2027, growing at a CAGR of 8.7% during 2021-2027.
• The global Cell Analysis market size is projected to reach USD 25610 Million by 2027, from USD 19740 Million in 2020, at a Compound Annual Growth Rate (CAGR) of 3.7% during 2021-2027.
• The global Single-Cell Analysis market was valued at USD 3165.2 Million in 2022 and is projected to reach USD 7656.8 Million by 2028, registering a CAGR of 13.2% from 2022 to 2028.
• The global Life Science Analytics market size is projected to reach USD 47600 Million by 2028, from USD 23930 Million in 2021, at a Compound Annual Growth Rate (CAGR) of 10.2% during 2022-2028
• Global Serum-Free Media Market Insights, Forecast to 2028
• Global Cell Sorting Market Insights and Forecast to 2028

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