Cell Culture Media and Supplements Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Cell Culture Media, Cell Culture Supplements); Application (Biopharmaceutical Manufacturing, Tissue Culture and Engineering, Gene Therapy, Cytogenetic) and Geography
Cell culture refers to the technique of growing cells under controlled conditions, and cell culture media refers to the nutrient growth substance essential for the cell cultures to survive and prosper under specific incubation conditions. Cells of interest are first isolated from living tissues and then maintained in laboratory-controlled conditions. The culturing requirements vary; however, mostly, a medium or substrate, hormones, growth factors, essential nutrients in a regulated physio-chemical environment is used. Cell culture is an essential part of biotechnology and finds usage in various commercial and research applications. Culturing cells under laboratory conditions allows the study of physiology and biochemistry of cells, which further provides scope for research that is difficult to conduct in-vivo. Moreover, these techniques assist in studying the effect of drugs that can easily be tested on cultured cells by controlling parameters such as population density, culture conditions, and growth rate. Media supplements aid in regulating and customizing growth conditions for the cells, maintaining healthy cells for a longer duration, and improving the growth and vitality of cells. Various factors are considered while adding culture supplements, such as the state of addition, components of the supplement, and amount..
The "Global Cell Culture Media & Supplements Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the cell culture media & supplements market with detailed market segmentation by type, application, and geography. The report provides key statistics on the market status of the leading cell culture media & supplements market players and offers key trends and opportunities in the market.
Based on type, the global cell culture media & supplements market is segmented into cell culture media, and cell culture supplements.
On the basis of application, the market is bifurcated into biopharmaceutical manufacturing, tissue culture & engineering, gene therapy, and cytogenetic.
MARKET DYNAMICS Drivers
Increasing incidences of cancer, infectious diseases, and the rising geriatric population will drive the growth of the global cell culture media & supplements market.
The rapid growth of drug discovery programs and increasing demand for cell culture media for increased productivity are expected to boost the market growth.
Increased usage of animal-free supplements for vaccines, biopharmaceuticals, and stem cell manufacturing contributes to the growth of the market.
Increasing investment in research and development activities will fuel market growth.
The improved healthcare infrastructure of developing economies propels market growth.
Cost of cell culture media and supplements associated with research in cell biology.
Contamination of media.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The cell culture media & supplements market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the cell culture media & supplements market in these regions.
IMPACT OF COVID-19 ON CELL CULTURE MEDIA & SUPPLEMENTS MARKET
COVID-19 first began in Wuhan (China) during December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The COVID-19 pandemic has led to the sudden increase of burden on healthcare organizations across the globe and surged demand for cell culture supplements, owning to shifted focus toward COVID-19 research and stem cell research. Many researchers globally are engaged in the viral research of the virus that causes COVID-19. Cultural mediums provide nutrients required by cells to grow under controlled environmental conditions and produce therapeutics with the desired level of pharmaceutical efficacy. In addition, cell culture products help researchers investigate cellular behavior that helps with vaccine development. Demand for these media and supplements increased during the pandemic as strict safety rules for vaccines to control and eradicate the coronavirus's infection has forced researchers and manufacturers to develop cell culture-based vaccines. During lockdowns, the supply chain crisis-affected sales; however, sales resumed later on without adversely impacting the market and are further expected to increase during the forecast period.
Get more information on this report :
The report covers key developments in the cell culture media & supplements market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from cell culture media & supplements market are anticipated to have lucrative growth opportunities in the future with the rising demand for cell culture media & supplements in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the cell culture media & supplements market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
Thermo Fisher Scientific
FUJIFILM Irvine Scientific
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.