Culture Media Mark: Ability to Offer End to End Solutions to Drive Market GrowthPosted by sunny on April 25th, 2019 According to a new report published by Allied Market Research, titled,“Culture Media Market by Type, Application, Research Type, and End User: Global Opportunity Analysis and Industry Forecast, 2018 - 2025,"the global culture media market was valued at ,088 million in 2017, and is projected to reach ,609 million by 2025, growing at a CAGR of 8.0% from 2018 to 2025. North America is anticipated to be the highest revenue contributor throughout the forecast period. Culture medium is composed of various nutrients to promote the growth, proliferation, maintenance, and storage of microorganisms and other cell types such as stem cells, mammalian, and other cell lines. Different culture media are available in the market for various cell cultures to survive and grow in their incubation environment. The culture media market is anticipated to grow considerably in the near future, owing to different factors such as increase in investments and funding for R&D and innovation in life sciences, especially biopharmaceutical products. In addition, the development of the biosimilar industry significantly contributes toward the growth of the culture media market. Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-sample/3979 However, scientific and ethical constrains with respect to use of animal-derived products in culture media and dearth of skilled professionals restrict the market growth. Conversely, the emerging markets such as India and China are anticipated to provide lucrative growth opportunities to the market players. By type, lysogeny broth accounted for nearly one-fourth share of the global culture media market in 2017. In terms of application, cancer research accounted for one-third share in 2017, and is projected to exhibit prominent growth rate, owing to its crucial role in drug development. This is attributed to surge in cancer burden both in developed and emerging markets is anticipated to drive the market for cancer research in the forecast period. By end user, the biotechnology & pharmaceutical industry generated the highest revenue, accounting for ,645 million in 2017, and is anticipated to exhibit prominent growth rate. This is attributed to rise in demand for culture media and reagents required in this industry. By region, North America generated the highest revenue in the global culture media market in 2017. This trend is likely to continue throughout the forecast period, owing to rise in R&D investments, increase in advancements associated with cell culture media, and high demand for cell culture media in North America. Make an Enquiry before Buy @ https://www.alliedmarketresearch.com/purchase-enquiry/3979 Key Findings of the Culture Media Market:
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