Culture Media Market is projected to reach USD 11.10 Billion by 2028, Finds Emergen Research
A Culture Media Market goals at leveraging the insights and perspectives derived on the basis of both qualitative and quantitative data evaluation for the forecast period, 2021-2028. The market intelligence reports on Culture Media market dives deep into aspects including but not limited to the market size, growth and share across different regions to keep the stakeholders and business owners informed and help them make a wise business decision.
Steady market revenue growth of culture media can be attributed to its increasing use in pharmaceutical microbiology. Culture media is considered highly essential for numerous microbiological tests for pure culture procurement, microbial cells growing & counting, and cultivation & segregation of microorganisms. Absence of high-quality culture media results in reduction of possibility of attaining precise, repeatable, and reproducible microbiological test results. Microbiological culture media promotes growth, sustenance, and survival of microorganisms by providing essential nutrients, cell growth hormones, and growth factors.
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The extensive survey on the Culture Media market further identifies data that best fits the business requirement such as product classification, application and important definition. In addition, the study takes into account series of industry-leading events designed to enlighten the product owners on return on investment, investment feasibility, supply chain management, consumption volume, customer behaviour and demand and supply. To bring in more accuracy and quality to the study of Culture Media market the report interprets critical information through tables, infographics, and charts.
Companies profiled in the global Culture Media market:
Becton, Dickinson, and Company, Lonza Group AG, Danaher Corporation, Himedia Laboratories, Thermo Fisher Scientific Inc., CellGenix GmbH, Merck KGaA, STEMCELL Technologies Inc., Corning Incorporated, and Infors AG.
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Further Key Highlights
- In December 2019, Sartorius, which is a life science research firm, signed an agreement to acquire Biological Industries, which is an Israel-based firm engaged in cell culture media development and production. Sartorius would purchase 50% share of Biological Industries for over USD 52.0 million.
- By research type, cytogenetics segment contributed a significantly large revenue share in 2020. Cytogenetics play a crucial role in characterization of innovative alterations and recognition of chromosomal abnormalities related to malignancies. It further enables more research and advances the know-how associated with genetic aspects of diseases. Also, a possible enhancement in patient survival can be achieved by new drug development via understanding molecular mechanisms. Robust strength of cytogenetic research analysis is likely to provide global assessment of structural and numerical abnormalities in one single assay.
Detailed Regional Analysis covers:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Emergen Research has segmented global culture media market on the basis of type, research type, application, end-use, and region:
- Type Outlook (Revenue, USD Billion; 2018–2028)
- Chemically Defined Media
- Lysogeny Broth
- Classical Media
- Specialty Media
- Serum-free Media
- Stem-cell Media
- Custom Media Formulation
- Others
- Research Type Outlook (Revenue, USD Billion; 2018–2028)
- Cell Therapy
- Cytogenetics
- Others
- Application Outlook (Revenue, USD Billion; 2018–2028)
- Cancer Research
- Drug Discovery
- Regenerative Medicine
- Tissue Engineering
- Others
- End-use Outlook (Revenue, USD Billion; 2018–2028)
- Pharmaceutical Company
- Research Laboratory
- Academic Institute
- Others
Key Features of the Culture Media Market Report:
- The report offers details about key drivers, restraints, opportunities, challenges, growth prospects, limitations, and threats
- The report encompasses details about the key companies, product portfolio along with specifications, production valuation, and market shares
- Evaluation of key current and emerging market trends and growth prospects
- It also offers research-backed estimations for the forecast period of eight years, primarily to estimate the potential market growth
- Brief overview of industry with regards to research and development, technological advancements, and product development
- In-depth assessment of upstream raw materials, downstream buyers, demands, and current market scenario
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