Cell Culture Media Market To Stand Out With Exceptional Growth In Next 10 YearsPosted by Merin John on June 22nd, 2021 Over the decades, there has been a notable increase in the prevalence of chronic diseases such as cancer all over the world. This is strengthening the focus of pharmaceutical manufacturers all over the world to develop more effective medicine and treatment methods for the same. Increasing demand for biotechnological and biopharmaceuticals products using various cell culture lines is gaining importance. This increasing demand for cell culture will boost the growth of the cell culture media market over the coming years. Get Sample Copy of Report @ https://www.persistencemarketresearch.com/samples/31338 Company Profiles
As such, the global cell culture media market was valued at US$ 2.4 Bn in 2018, and is expected to witness a healthy CAGR of 7% over the forecast period (2019–2029). Key Takeaways of Cell Culture Media Market Study
“Cell culture media not only helps in drug development but also collects extensive data that is valuable for future research. Rising demand for serum-free culture media will offer significant growth opportunities for the cell culture media market in the coming years,” says a PMR analyst. Trends in Cell Culture Media Technologies There are many research and pipeline products that have the ability to treat chronic diseases. This is attributed to the current state of technology and more funding by government toward research & development activities. Also, rising awareness about cell culture-based vaccines and increasing demand for biopharmaceutical products will boost the growth of the cell culture media market. Increasing collaborations between contract manufacturing organizations and key players will surge market growth further. Serum-free cell culture media, among other cell culture media, has the potential to grow at a relatively faster rate over the forecast period. More Valuable Insights on Cell culture media Market Persistence Market Research offers a unique perspective and actionable insights on the cell culture media market in its latest study, presenting historical demand assessment of 2014–2018 and projections for 2019–2029, on the basis of product (serum containing media, serum-free media, protein-free media, and chemically defined media), application (cancer research, biopharmaceuticals, regenerative medicine & tissue engineering, stem cell technologies, and others), and end user (biopharmaceutical companies, clinical research organizations, and academic research centers), across six regions. Like it? Share it!More by this author |