Market Overview:
The global culture media sales market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for biopharmaceuticals and stem cells, and the growing research and development activities in the life sciences sector. The classic medium segment is expected to hold the largest share of the global culture media sales market by type during the forecast period. This segment is projected to grow at a CAGR of 6.8% from 2018 to 2030, owing to its high usage in biopharmaceutical production and research applications.
Product Definition:
The term culture media sales is used in the business world to describe the sale of products or services that are intended to be used by consumers for cultural purposes. These products and services can include anything from books and movies to concert tickets and museum memberships. The importance of culture media sales lies in the fact that these items can help enrich people's lives by providing them with access to art, music, and other forms of culture.
Classic Medium:
The global classic medium, also known as the aqueous phase-shifting media is used to grow cells or microorganisms in suspension. It consists of an agarose gel base mixed with water and nutrients. The most commonly used classic medium is RPMI 1640medium which consists of MEM non-essential amino acids, glucose, insulin and Mg2+ salts (as needed).
Serum-free Medium:
The growing demand for serum-free medium in the cell culture media sales market is due to its advantages such as it does not contain animal serum which is a source of contamination and can cause variation in the results. It also helps to reduce cost, time, and yield which makes it more preferable among researchers.
Advancements are being made in this field by companies like Charles River Laboratories International Inc., Merck Millipore, Sigma Aldrich Corporation etc.
Application Insights:
Based on application, the global culture media sales market is segmented into biopharmaceutical production, research and others. The biopharmaceutical production segment dominated the overall industry in 2017 owing to factors such as increasing R&D activities pertaining to new drug development and growing government support for innovation. In addition, an increase in healthcare expenditure along with a rise in prevalence of chronic diseases such as cancer & diabetes has led to increased demand for biologics which is further anticipated to fuel growth over the forecast period.
The research application segment is expected register significant growth during the forecast period due to rising investments by governments across various countries towards stem cell research & tissue preservation techniques which require a medium that supports culturing of cells/tissue. For instance, according Culture Media Product Labelled With Stem Cells logo are used in many academic laboratories worldwide because they provide ideal conditions for maintaining tissues from different species including humans throughout scientific procedures without any risk of contamination or infection (serum-free).
Regional Analysis:
Asia Pacific dominated the global market in 2017. This is attributed to the presence of a large number of biopharmaceutical manufacturers, stem cell banks, and research institutes in this region. The biopharmaceutical industry is one of the most lucrative sectors for this region as it caters to most part of Asia Pacific with majority presence of pharmaceutical companies located in Japan and China.
The growth rate observed for Latin America medium culture sales was higher than that observed for other regions due to increasing investments by various governments towards R&D activities supported by rising healthcare expenditure levels coupled with growing awareness pertaining stem cell therapy procedures among patients from U.S.
Growth Factors:
- Increasing demand for culture media products from the biotechnology and pharmaceutical industries for research and development purposes.
- Growing number of mergers and acquisitions in the life sciences industry, which is expected to lead to an increase in demand for culture media products.
- Rising number of CROs and CMOs that are outsourcing their culture media needs, which is expected to drive market growth over the forecast period.
- Proliferation of new culture media products that offer better performance characteristics than traditional products, resulting in increased adoption by end users.
Scope Of The Report
Report Attributes
Report Details
Report Title
Culture Media Sales Market Research Report
By Type
Classic Medium, Serum-free Medium, Stem Cell Culture Medium, Other
By Application
Biopharmaceutical Production, Research, Other
By Companies
Thermo Fisher, Merck, Corning, Cytiva, Lonza, Fujifilm, Kohjin Bio, Jianshun Biosicences, HiMedia Laboratories, OPM Biosciences, Takara, Yocon, PromoCell
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
156
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Culture Media Sales Market Report Segments:
The global Culture Media Sales market is segmented on the basis of:
Types
Classic Medium, Serum-free Medium, Stem Cell Culture Medium, Other
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
Biopharmaceutical Production, Research, Other
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
- Kohjin Bio
- Jianshun Biosicences
- HiMedia Laboratories
- OPM Biosciences
- Takara
- Yocon
- PromoCell
Highlights of The Culture Media Sales 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:
- Classic Medium
- Serum-free Medium
- Stem Cell Culture Medium
- Other
- By Application:
- Biopharmaceutical Production
- Research
- Other
- 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 Culture Media Sales 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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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?
Culture Media Sales is a sales and marketing company that specializes in the sale of advertising space in magazines, newspapers, and online publications.
Some of the major companies in the culture media sales market are Thermo Fisher, Merck, Corning, Cytiva, Lonza, Fujifilm, Kohjin Bio, Jianshun Biosicences, HiMedia Laboratories, OPM Biosciences, Takara, Yocon, PromoCell.
The culture media sales market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Culture Media Sales 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 Culture Media Sales Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Culture Media Sales 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 Culture Media Sales 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 Culture Media Sales Market Size & Forecast, 2018-2028
4.5.1 Culture Media Sales Market Size and Y-o-Y Growth
4.5.2 Culture Media Sales Market Absolute $ Opportunity
Chapter 5 Global Culture Media Sales 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 Culture Media Sales Market Size Forecast by Type
5.2.1 Classic Medium
5.2.2 Serum-free Medium
5.2.3 Stem Cell Culture Medium
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Culture Media Sales 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 Culture Media Sales Market Size Forecast by Applications
6.2.1 Biopharmaceutical Production
6.2.2 Research
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Culture Media Sales 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 Culture Media Sales 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 Culture Media Sales Analysis and Forecast
9.1 Introduction
9.2 North America Culture Media Sales 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 Culture Media Sales Market Size Forecast by Type
9.6.1 Classic Medium
9.6.2 Serum-free Medium
9.6.3 Stem Cell Culture Medium
9.6.4 Other
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 Culture Media Sales Market Size Forecast by Applications
9.10.1 Biopharmaceutical Production
9.10.2 Research
9.10.3 Other
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 Culture Media Sales Analysis and Forecast
10.1 Introduction
10.2 Europe Culture Media Sales 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 Culture Media Sales Market Size Forecast by Type
10.6.1 Classic Medium
10.6.2 Serum-free Medium
10.6.3 Stem Cell Culture Medium
10.6.4 Other
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 Culture Media Sales Market Size Forecast by Applications
10.10.1 Biopharmaceutical Production
10.10.2 Research
10.10.3 Other
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 Culture Media Sales Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Culture Media Sales 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 Culture Media Sales Market Size Forecast by Type
11.6.1 Classic Medium
11.6.2 Serum-free Medium
11.6.3 Stem Cell Culture Medium
11.6.4 Other
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 Culture Media Sales Market Size Forecast by Applications
11.10.1 Biopharmaceutical Production
11.10.2 Research
11.10.3 Other
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 Culture Media Sales Analysis and Forecast
12.1 Introduction
12.2 Latin America Culture Media Sales 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 Culture Media Sales Market Size Forecast by Type
12.6.1 Classic Medium
12.6.2 Serum-free Medium
12.6.3 Stem Cell Culture Medium
12.6.4 Other
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 Culture Media Sales Market Size Forecast by Applications
12.10.1 Biopharmaceutical Production
12.10.2 Research
12.10.3 Other
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) Culture Media Sales Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Culture Media Sales 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) Culture Media Sales Market Size Forecast by Type
13.6.1 Classic Medium
13.6.2 Serum-free Medium
13.6.3 Stem Cell Culture Medium
13.6.4 Other
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) Culture Media Sales Market Size Forecast by Applications
13.10.1 Biopharmaceutical Production
13.10.2 Research
13.10.3 Other
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 Culture Media Sales Market: Competitive Dashboard
14.2 Global Culture Media Sales 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 Kohjin Bio
14.3.8 Jianshun Biosicences
14.3.9 HiMedia Laboratories
14.3.10 OPM Biosciences
14.3.11 Takara
14.3.12 Yocon
14.3.13 PromoCell
