The global culture media market size is expected to reach USD 11.10 billion at a revenue CAGR of 9.3% in 2028, according to latest analysis by Emergen Research. Steady market revenue growth of culture media can be attributed to its increasing use in pharmaceutical microbiology. Culture media is considered highly essential for numerous microbiological tests for pure culture procurement, microbial cells growing & counting, and cultivation & segregation of microorganisms. Absence of high-quality culture media results in reduction of possibility of attaining precise, repeatable, and reproducible microbiological test results. Microbiological culture media promotes growth, sustenance, and survival of microorganisms by providing essential nutrients, cell growth hormones, and growth factors. It also helps in regulating osmotic pressure and pH value of the culture. Rising demand for media quality and standardization is driving development of more defined culture media.
To help gain the business owner further gain business intelligence the study on the Culture Media market for the forecast period 2021 – 2028 brings to light data on production capability, consumption capacity, spending power, investment feasibility, and technology innovation. A thorough assessment of market performance across different regions is presented through self-explanatory graphic images, charts, and tables that add weight to corporate presentations and marketing materials. The study offers regional profiles of major vendors and extensive country-level break down to empower companies to make a wise investment decision when exploring new regions.
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Some Key Highlights From the Report
In December 2019, Sartorius, which is a life science research firm, signed an agreement to acquire Biological Industries, which is an Israel-based firm engaged in cell culture media development and production. Sartorius would purchase 50% share of Biological Industries for over USD 52.0 million.
By research type, cytogenetics segment contributed a significantly large revenue share in 2020. Cytogenetics play a crucial role in characterization of innovative alterations and recognition of chromosomal abnormalities related to malignancies. It further enables more research and advances the know-how associated with genetic aspects of diseases. Also, a possible enhancement in patient survival can be achieved by new drug development via understanding molecular mechanisms. Robust strength of cytogenetic research analysis is likely to provide global assessment of structural and numerical abnormalities in one single assay.
By application, regenerative medicine segment revenue is expected to expand at a faster rate over the forecast period. Application of secretome, which is a group of proteins secreted in extracellular space, containing stem-cell derived conditioned culture media has various benefits such as ease of production, freeze-drying, packaging, and transportation. Besides, the need to match donor and recipient is not required, owing to absence of cells. Stem cell-derived conditioned culture media is set to hold immense potential to be developed as pharmaceuticals for use as regenerative medicines.
The report on the Culture Media market employs both primary and secondary research to examine its import and export, demand and supply, consumption power, spending capacity and distribution channel worldwide. The report evaluates the market standing of key manufacturers and sheds light on the strategies they have adopted to stay competitive. The study also applies qualitative and quantitative methods to assess the annual and financial performance of the top vendors and insights from market leaders. Extensive coverage of the recent trends and developments including joint ventures, collaborations, investments, product launches and acquisitions and mergers constitute a substantial part of the research on the Culture Media market
Leading players of Culture Media including:
Becton, Dickinson, and Company, Lonza Group AG, Danaher Corporation, Himedia Laboratories, Thermo Fisher Scientific Inc., CellGenix GmbH, Merck KGaA, STEMCELL Technologies Inc., Corning Incorporated, and Infors AG.
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Furthermore, the report divides the Culture Media market into key segments and sub-segments to offer an analysis of the product type and application spectrum of the industry. It also offers predictions about the segments expected to show significant growth during the projected timeline.
Emergen Research has segmented global culture media market on the basis of type, research type, application, end-use, and region:
Type Outlook (Revenue, USD Billion; 2018–2028)
Chemically Defined Media
Custom Media Formulation
Research Type Outlook (Revenue, USD Billion; 2018–2028)
Application Outlook (Revenue, USD Billion; 2018–2028)
End-use Outlook (Revenue, USD Billion; 2018–2028)
Region wise performance of the Culture Media industry
This report studies the global Culture Media market status and forecast, categorizes the global Culture Media market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).
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Reasons to purchase this Culture Media market report:
Analyzing the outlook of the market with the recent trends and SWOT analysis
Market dynamics scenario, along with growth opportunities of the market in the years to come
Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
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