Cell Culture Media and Supplements Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Cell Culture Media and Supplements Market covers analysis By Type (Cell Culture Media, Cell Culture Supplements); Application (Biopharmaceutical Manufacturing, Tissue Culture and Engineering, Gene Therapy, Cytogenetic) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00022452
  • Category : Pharmaceuticals
  • Status : Upcoming
  • No. of Pages : 150
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MARKET OVERVIEW

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..

MARKET SCOPE

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.

MARKET SEGMENTATION

  •  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.

Restraints

  •  Cost of cell culture media and supplements associated with research in cell biology.
  •  Contamination of media.

REGIONAL FRAMEWORK

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.

World Geography
Strategic Insights

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MARKET PLAYERS


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
  •  Becton Dickinson
  •  GE Healthcare
  •  Merck
  •  Stem cell
  •  Corning (Cellgro)
  •  Sartorius
  •  FUJIFILM Irvine Scientific
  •  Lonza
  •  Onovozymes

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.
pharmaceuticals
Research Criteria
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Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

The List of Companies

1. Thermo Fisher Scientific
2. Becton Dickinson
3. GE Healthcare
4. Merck
5. Stem cell
6. Corning (Cellgro)
7. Sartorius
8. FUJIFILM Irvine Scientific
9. Lonza
10. Novozymes

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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