Market Overview:
The global cell culture medium market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for cell culture media products in the business R&D and academic research applications. Additionally, the growing prevalence of chronic diseases is also propelling the demand for cell-based therapies, which is subsequently fueling the growth of the global cell culture medium market. On basis of type, natural media accounted for a larger share of the global cell culture medium market in 2017. However, artificial media are expected to grow at a higher CAGR during forecast period owing to their advantages such as better reproducibility and consistency as compared with natural media. On basis of application, business R&D accounted for majority share of global cell culture medium market in 2017; however, academic research is projected to grow at highest CAGR during forecast period owing to increasing focus on stem cells research.
Product Definition:
A cell culture medium is a fluid or gel in which cells are grown in vitro. The composition of the medium can vary depending on the type of cells being cultured, and it is typically supplemented with nutrients, hormones, and other growth factors that promote cell proliferation and differentiation. Cell culture media are used to cultivate cells for research purposes, to produce vaccines and therapeutic proteins, and for tissue engineering applications.
Natural Media:
Natural media is a collection of salts and sugar derived from plant materials such as soy, corn, wheat, potato or fruit juices. It has been used traditionally by the cell culture medium manufacturers to grow cells in vitro. The growth factor for natural media is the same as that of any other artificial culture medium; namely nutrients and supplements provided by suppliers.
Artificial Media:
Artificial media is a composition used in cell culture. It can be composed of any material which can provide the required nutrients to the cultured cells. The most commonly used artificial mediums are RPMI, MEM, Ham's F-12 medium and Serum-free DMEM among others.
Application Insights:
The academic research segment held the largest share of over 70.0% in 2017. Cell culture medium is used for various applications in the life and medical sciences, such as cell-based research, stem cell studies and drug discovery & testing. The increasing number of R&D activities by major players for new product development is expected to drive demand over the forecast period.
Cell-based therapy has emerged as a promising approach to treat several diseases that have eluded treatment through other means thus far due to limitations imposed by nature on human ability to transfer knowledge directly from one species into another (i.e., transgenic disease). This approach has enabled researchers to study disease etiology at a molecular level which may help develop effective therapeutic strategies against these disorders in future years.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of biotechnology and biopharmaceutical firms. The region is expected to maintain its position during the forecast period due to increasing R&D activities by various academic institutions and government-funded research centers.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to an increase in healthcare expenditure, rising awareness about stem cell therapy, availability of effective funding for R&D activities, and growing focus on producing high quality products at low costs. These factors are expected favorably impact industry growth during the projected time frame.
Growth Factors:
- Increasing demand for biopharmaceuticals: The global market for biopharmaceuticals is expected to reach 2.8 billion by 2020, according to a MarketsandMarkets research study. This growth is being driven by the increasing prevalence of chronic diseases, such as cancer and diabetes, and the need for better treatments. Cell culture media is essential for the production of biopharmaceuticals, so this growing demand is driving growth in the cell culture media market.
- Advances in cell culturing technologies: The development of new culturing techniques has helped to drive growth in the cell culture media market. For example, 3D culturing technology can be used to create more realistic tissue-like structures that better mimic natural tissues and organs, which helps researchers to study disease progression and test new drugs and therapies more effectively.
- Growing focus on regenerative medicine: Regenerative medicine involves repairing or replacing damaged or diseased cells or tissues with healthy ones derived from stem cells cultured in vitro using cell culture media products . This field of medicine holds great promise for treating a wide range of conditions such as heart disease, stroke damage, spinal cord injuries, blindness ,and diabetes . As regenerative medicine grows in popularity , there will be increased demand for high-quality cell culture media products .
Scope Of The Report
Report Attributes
Report Details
Report Title
Cell Culture Medium Market Research Report
By Type
Natural Media, Artificial Media
By Application
Business R&D, Academic Research
By Companies
Thermo Fisher, Merck, Corning, Cytiva, Lonza, Fujifilm, HiMedia Laboratories, Takara, Kohjin Bio, PromoCell, Jianshun Biosicences, OPM Biosciences, Yocon
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
162
Number of Tables & Figures
114
Customization Available
Yes, the report can be customized as per your need.
Global Cell Culture Medium Market Report Segments:
The global Cell Culture Medium market is segmented on the basis of:
Types
Natural Media, Artificial Media
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Business R&D, Academic Research
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Thermo Fisher
- Merck
- Corning
- Cytiva
- Lonza
- Fujifilm
- HiMedia Laboratories
- Takara
- Kohjin Bio
- PromoCell
- Jianshun Biosicences
- OPM Biosciences
- Yocon
Highlights of The Cell Culture Medium Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Natural Media
- Artificial Media
- By Application:
- Business R&D
- Academic Research
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cell Culture Medium Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cell culture medium is a nutrient-rich solution that helps cells grow and divide. It contains essential nutrients, such as proteins, carbohydrates, vitamins, and minerals.
Some of the key players operating in the cell culture medium market are Thermo Fisher, Merck, Corning, Cytiva, Lonza, Fujifilm, HiMedia Laboratories, Takara, Kohjin Bio, PromoCell, Jianshun Biosicences, OPM Biosciences, Yocon.
The cell culture medium market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cell Culture Medium Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cell Culture Medium Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cell Culture Medium Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cell Culture Medium Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cell Culture Medium Market Size & Forecast, 2018-2028
4.5.1 Cell Culture Medium Market Size and Y-o-Y Growth
4.5.2 Cell Culture Medium Market Absolute $ Opportunity
Chapter 5 Global Cell Culture Medium Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Cell Culture Medium Market Size Forecast by Type
5.2.1 Natural Media
5.2.2 Artificial Media
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cell Culture Medium Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Cell Culture Medium Market Size Forecast by Applications
6.2.1 Business R&D
6.2.2 Academic Research
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cell Culture Medium Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cell Culture Medium Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Cell Culture Medium Analysis and Forecast
9.1 Introduction
9.2 North America Cell Culture Medium Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Cell Culture Medium Market Size Forecast by Type
9.6.1 Natural Media
9.6.2 Artificial Media
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Cell Culture Medium Market Size Forecast by Applications
9.10.1 Business R&D
9.10.2 Academic Research
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Cell Culture Medium Analysis and Forecast
10.1 Introduction
10.2 Europe Cell Culture Medium Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Cell Culture Medium Market Size Forecast by Type
10.6.1 Natural Media
10.6.2 Artificial Media
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Cell Culture Medium Market Size Forecast by Applications
10.10.1 Business R&D
10.10.2 Academic Research
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Cell Culture Medium Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cell Culture Medium Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Cell Culture Medium Market Size Forecast by Type
11.6.1 Natural Media
11.6.2 Artificial Media
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Cell Culture Medium Market Size Forecast by Applications
11.10.1 Business R&D
11.10.2 Academic Research
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Cell Culture Medium Analysis and Forecast
12.1 Introduction
12.2 Latin America Cell Culture Medium Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Cell Culture Medium Market Size Forecast by Type
12.6.1 Natural Media
12.6.2 Artificial Media
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Cell Culture Medium Market Size Forecast by Applications
12.10.1 Business R&D
12.10.2 Academic Research
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Cell Culture Medium Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cell Culture Medium Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Cell Culture Medium Market Size Forecast by Type
13.6.1 Natural Media
13.6.2 Artificial Media
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Cell Culture Medium Market Size Forecast by Applications
13.10.1 Business R&D
13.10.2 Academic Research
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cell Culture Medium Market: Competitive Dashboard
14.2 Global Cell Culture Medium Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thermo Fisher
14.3.2 Merck
14.3.3 Corning
14.3.4 Cytiva
14.3.5 Lonza
14.3.6 Fujifilm
14.3.7 HiMedia Laboratories
14.3.8 Takara
14.3.9 Kohjin Bio
14.3.10 PromoCell
14.3.11 Jianshun Biosicences
14.3.12 OPM Biosciences
14.3.13 Yocon
