Global Cell Culture Media Market is Likely to Grow at a CAGR Value of 15.80% By 2028

05-Aug-2022 | Facts and Factors

According to Facts and Factors, the global cell culture media market size was worth around USD 4,716.20 million in 2021 and is estimated to grow to about USD 11,372.17 million by 2028, with a compound annual growth rate (CAGR) of approximately 15.80% over the forecast period. The report analyzes the cell culture media market's drivers, restraints/challenges, and their effect on the demands during the projection period. In addition, the report explores emerging opportunities in the cell culture media market.

Global Cell Culture Media Market Size

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Cell culture media is the nutritional growth medium needed for cell cultures to develop and endure under particular incubation circumstances. It is made to facilitate the development of cells or microbes. Ingredients in the Cell Culture medium serve as a source of energy and control the cell cycle of in-vitro developing cells. Vitamins, amino acids, glucose, growth hormones, and inorganic salts are all components of a primary cell culture medium. The medium also aids in preserving the osmolarity and pH of the grown cells.

Browse the full “Cell Culture Media Market Size, Share, Growth Analysis Report By Type (Serum-free Media, CHO Media, HEK 293 Media, BHK Media, VERO Cell Media, Insect Cell Medi, Serum-free Stem Cell Media, CAR T-cell Media, Other Serum-free Media, Classical Media & Salts, Stem Cell Culture Media, Specialty Media, Chemically defined Media, Other Cell Culture Media), By Application (Biopharmaceutical Production, Monoclonal antibodies, Vaccines production, Other therapeutic proteins, Diagnostics, Drug Screening & Development, Tissue Engineering & Regenerative Medicine, Cell and gene therapy, Other tissue engineering & regenerative medicine applications, Other Applications), By End-user (Pharmaceutical & Biotechnology Companies, Hospitals & Diagnostic Laboratories, Research & Academic Institutes, Other End Users), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028" report at https://www.fnfresearch.com/cell-culture-media-market

A culture medium is a solid, liquid, or semi-solid created to promote the proliferation of cells to enable the growth of a population of microorganisms or cells. Different cell types are grown in various kinds of mediums. Monoclonal antibody development may benefit from cell culture technologies. These antibodies may be made synthetically in labs using a cell culture medium. The cell culture medium is used in the biological sciences to encourage the development of cells and microorganisms. The term "cell culture medium" refers to a growth agent necessary for cell cultures to develop and endure under particular circumstances. Numerous substances, including amino acids, glucose, serum, and inorganic salts, encourage cell development. The cell culture medium also maintains the pH balance of the cultivated cells.

The culture media includes several nutrients that support the development, expansion, maintenance, and preservation of microorganisms and other cell types, such as stem cells or other cell lines. Different culture media are offered on the market and can survive and prosper in their incubation conditions. This market's expansion is primarily fueled by rising pharmaceutical companies, new cell culture technologies for cell-based vaccines, rising monoclonal antibody demand, development of stem cell research, the introduction of new cell culture media by industry participants, and a growing emphasis on personalized medicine. On the other hand, high costs and ethical issues with cell biology research are anticipated to restrain the development of this industry. The need for cell culture medium approaches has increased in response to the rising demand for manufacturing vaccines and monoclonal antibodies. However, the rate of expansion of the cell culture medium market would be severely hampered by strict rules and regulations for process manufacturing. The lack of informed experts or qualified professionals will also cause the rate of industry expansion to slow down. Additionally, the high price of cell biology research will slow the rate of market expansion.

Segmental Overview

The global cell culture media market is segregated based on type, application, end-user, and region. On the basis of type, the market is classified into serum-free media, CHO media, HEK 293 media, BHK media, VERO cell media, insect cell media, serum-free stem cell media, CAR T-cell media, other serum-free media, classical media & salts, stem cell culture media, specialty media, chemically defined media, other cell culture media. Among these, the serum-free stem cell media segment led the market in 2021 and is expected to maintain its dominance throughout the forecast period.

Based on application, the market is classified into biopharmaceutical production, monoclonal antibodies, vaccine production, other therapeutic proteins, diagnostics, drug screening & development, tissue engineering & regenerative medicine, cell and gene therapy, and other tissue engineering & regenerative medicine applications, Other applications. In 2021, the cell culture media industry will be dominated by biopharmaceutical production. Based on end users, the market is classified into pharmaceutical & biotechnology companies, hospitals & diagnostic laboratories, research & academic institutes, and other end users. In 2021, the market was dominated by pharmaceutical & biotechnology companies 2021.

Regional Overview

The global cell culture media market is divided into geographic regions: North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America dominates the global market for cell culture media. In North America, there has been a considerable increase in the demand for cell biology research and cell culture technology. Businesses have begun to invest in novel approaches and advancements in cell culture applications. North America, which held the most significant share of this market, was the area with the most active research and development initiatives about cytological examination for proteomics, genomics, and medicine and vaccine development. During the projection period, it is also predicted that rising demand for biopharmaceuticals would propel regional market expansion.

Report Scope

Report Attribute

Details

Market Size in 2021

USD 4,716.20 Million

Projected Market Size in 2028

USD 11,372.175 Million

CAGR Growth Rate

15.80% CAGR

Base Year

2021

Forecast Years

2022-2028

Key Market Players

InstaReM Pvt. Ltd., Ria Financial Services Ltd., Western Union Holdings Inc., PayPal Holdings Inc., WorldRemit Ltd., Digital Wallet Corporation, TransferWise Ltd., Azimo Limited, TransferGo Ltd., MoneyGram, and Others

Key Segment

By Type, Application, End-User, and Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

Purchase Options

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Competitive Landscape

Key players functioning in the global cell culture media market include Sartorius AG,  Thermo Fisher Scientific, Inc., Merck KGaA, HiMedia Laboratories Pvt. Ltd.,  Danaher Corporation, Corning Incorporated, InvivoGen,  Biologos LLC, FUJIFILM Irvine Scientific, Inc., Lonza Group AG, Becton, Dickinson and Company, Miltenyi Biotec, STEMCELL Technologies Inc., Biowest SAS, Cell Applications, Inc., Caisson Laboratories Inc., PromoCell GmbH, Cell Biologics, Inc., Cyagen Biosciences,  Pan-Biotech GmbH, Peprotech, Inc., Cellular Technology Limited, LLC, ZenBio, Inc., Athena Environmental Sciences, Inc., and Akron Biotech.

Recent Development:

  • October 2021: The Gibco Cell Therapy Systems (CTS) NK-Xpander Medium, which facilitates the large-scale development and culture of functional natural killer (NK) cells with or without the assistance of feeder cells, was introduced by Thermo Fisher Scientific Inc.
  • July 2021: By acquiring cell culture expert Xell AG, Sartorius AG increased its capacity for producing dry powder and liquid media

Global Cell Culture Media Market is segmented as follows:

By Type

  • Serum-free Media
  • CHO Media
  • HEK 293 Media
  • BHK Media
  • VERO Cell Media
  • Insect Cell Media
  • Serum-free Stem Cell Media
  • CAR T-cell Media
  • Other Serum-free Media
  • Classical Media & Salts
  • Stem Cell Culture Media
  • Specialty Media
  • Chemically defined Media
  • Other Cell Culture Media

By Application

  • Biopharmaceutical Production
  • Monoclonal antibodies
  • Vaccine's production
  • Other therapeutic proteins
  • Diagnostics
  • Drug Screening & Development
  • Tissue Engineering & Regenerative Medicine
  • Cell and gene therapy
  • Other tissue engineering & regenerative medicine applications
  • Other Applications

By End-User

  • Pharmaceutical & Biotechnology Companies
  • Hospitals & Diagnostic Laboratories
  • Research & Academic Institutes
  • Other End Users

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Nordic Countries
      • Denmark
      • Sweden
      • Norway
    • Benelux Union
      • Belgium
      • The Netherlands
      • Luxembourg
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Southeast Asia
      • Indonesia
      • Thailand
      • Malaysia
      • Singapore
      • Rest of Southeast Asia
    • Rest of Asia Pacific
  • The Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • South Africa
    • Rest of the Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

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