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2021
Culture Media Market

Culture Media Market

by Type (Lysogeny Broth, Chemically Defined Media, Classical Media, Serum-free Media, Specialty Media, Stem Cell Media, Custom Media Formulation, and Others), Application (Cancer Research, Biopharmaceuticals, Regenerative Medicine & Tissue Engineering, Stem Cell Technologies, Drug Discovery, and Others), Research Type (Cytogenetics, Cell Therapy, and Others), and End User (Biotechnology & Pharmaceutical Industry, Academic Institute, Research Laboratory, and Others):Global Opportunity Analysis and Industry Forecast, 2021-2030
Update Available On-Demand

Report Code: A03634
Pages: 295
Aug 2021 | 19794 Views
Author(s) : Vishal Bhardwaj, Ajinkya, Shubham , Onkar Sumant
Tables: 151
Charts: 59
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Culture Media Market Overview:

The Culture Media market size was valued at $5,492.90 million in 2020, and is projected to reach $13,487.84 million by 2030 at a CAGR of 9.5% from 2021 to 2030. 

The COVID-19 pandemic has stressed the healthcare systems of the world. Due to lockdown in the entire region, the companies faced personnel problems in the entire period. Vaccines based on cell culture are to be used to immunize humans. An increase in demand for vaccines strict safety rules for novel vaccines to minimize and eradicate their spread has made the researchers introduce culture-based vaccines. The government has expected to speed up vaccine research and development using cell culture technology. Due to speeding vaccinations, the COVID-19 has a positive impact on the culture media market.

The culture media contains several nutrients that aid in the growth, proliferation, maintenance, and storage of microbial and other cell types, such as stem cells or other cell lines. In order to thrive and flourish in their incubation environments, different culture media are available on the market. Culture media is a solid, liquid, or semi-solid designed to support the growth of a population of microorganisms or cells via the process of cell proliferation. Different types of media are used for growing different types of cells. Cell culture technology can help in the development of monoclonal antibodies. These antibodies can be produced synthetically using cell culture media in laboratories

Culture-Media-Market

The culture media market has evolved considerably in the past decade, owing to rapid progress in the areas of biopharmaceuticals, oncology, and stem cell research. Moreover, increase in funding & investments in R&D and innovation in the life science sector supplement the growth of the market. The expansion in market size also depends on funding for cell-based research, giving preferences for single-based technologies and the launch of advanced cell culture products. Population growth, increase in the incidence of such infectious disease and increase in contact of humans has increased the threat towards the disease. This growing risk of pandemics and communicable disease offers potential growth opportunities for the key players in the culture media market. However, lack of skilled professionals and ethical & scientific concerns associated with culture media impede the market growth.

Culture Media Market
By Type

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Chemically defined media segment holds a dominant position in 2020

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The World Health Organization (WHO) on January 30, 2020 declared COVID-19 outbreak a public health emergency of international concern. COVID-19 has affected around 210 countries across the globe. The pandemic of COVID 19 has given a huge burden on health organizations. Many have suffered death or are still in hospital fighting against COVID. Vaccines based on culture are to be used to immunize humans.

An increase in demand for vaccines strict safety rules for novel vaccines to minimize and eradicate their spread has made the researchers introduce cell culture-based vaccines.

Culture Media Market
By Application

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Cancer research segment holds a dominant position in 2020

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Culture Media Market Segmentation  

The culture media market is segmented based on type, application, research type, end user, and region. On the basis of type, the market is divided into lysogeny broth, chemically defined media, classical media, serum-free media, specialty media, stem cell media, and others. The applications include cancer research, biopharmaceuticals, regenerative medicine & tissue engineering, stem cell technologies, drug discovery, and others. By research type, the culture media market is fragmented into cytogenetics, cell therapy, and others. Depending on end user, the market is classified into biotechnology & pharmaceutical industry, academic institute, research laboratory, and others.

Segment review 

By type, chemically defined media grows for the largest market share, followed by lysogeny broth, owing to wide adoption in various applications as it offers consistency in every batch and physiologically-relevant environments for diverse mammalian cell cultures. Lysogeny broth segment is also expected to capture a large segment of the market in the forecast period, due to huge acceptance and multiple applications of this media for the growth of several microorganisms.

Culture Media Market
By Research Type

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Cell therapy is projected to be one of the lucrative segment

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According to end users, the culture media market is segmented into biotech and pharmaceutical company, academic institutes & research laboratory. The biotech and pharmaceutical company segment accounted for the largest market share and is projected to witness largest market segment in the forecast period. The growing use of single-use technologies, the increasing number of regulatory approvals for culture-based vaccines, and the presence of a large number of pharmaceutical players in this market are driving the culture media market for this segment.

The key players profiled in this report include Avantor Performance Materials, LLC (VWR International, LLC), Becton, Dickinson and Company (BD), Bio-Rad Laboratories Inc. (Bio-Rad), Corning Incorporated (Corning), Fujifilm Holdings Corporation (Fujifilm), GE Healthcare, HiMedia Laboratories Pvt., Ltd (HiMedia), Lonza Group Ltd. (Lonza), Merck & Co., Inc. (Merck), Thermo Fisher Scientific Inc. (Thermo Fisher). The other players in the value chain (not included in the report) include Takara Bio, Inc. and Cyagen Biosciences, Inc. 

Culture Media Market
By End Use

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Biotech and pharmaceutical company segment holds a dominant position in 2020

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Region segment review

North America has the highest market share in the global culture media market. This is due to the fact that the majority of global manufacturers of culture media are based in North America, especially in the United States. This area is home to global culture media manufacturing behemoths, such as Thermo Fisher Scientific, Merck KGaA, and others. As a result, the majority of  culture products are first introduced in the United States and then shipped across the world.

Culture Media Market
By Region

2030
North America 
Europe
Asia-pacific
Lamea

Asia-Pacific region would exhibit the highest CAGR of 10.10 % during 2021-2030.

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Key Benefits For Stakeholders

  • This report provides a detailed quantitative analysis of the current trends and future estimations from 2020 to 2030, which assist to identify the prevailing market opportunities. 
  • An in-depth market analysis includes analysis of various regions, which is anticipated to provide a detailed understanding of the current trends to enable stakeholders formulate region-specific plans.
  • A comprehensive analysis of factors that drive and restrain the growth of the global is provided.
  • Region-wise and country-wise market conditions are comprehensively analyzed in this report.
  • The projections in this report are made by analyzing the current trends and future market potential from 2020 to 2030, in terms of value.
  • An extensive analysis of various regions provides insights that are expected to allow companies to strategically plan their business moves.
  • Key market players within the Global Culture Media Market are profiled in this report and their strategies are analyzed thoroughly, which helps in understanding competitive outlook of the market.

Culture Media Market Report Highlights

Aspects Details
BY TYPE
  • Lysogeny broth
  • Chemically defined media
  • Classical Media
  • Serum-free Media
  • Specialty Media
  • Stem Cell Media
  • Custom Media Formulation
  • Other media
By Application
  • Cancer Research
  • Biopharmaceuticals
  • Regenerative Medicine & Tissue Engineering
  • Stem Cell Technologies
  • Drug Discovery
  • Other Applications
By Research Type
  • Cytogenetics
  • Cell Therapy
  • Others
By End User
  • Biotechnology and Pharmaceutical Industry
  • Academic Institute
  • Research Laboratory
  • Others
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, France, UK, Italy, Spain, Rest of Europe)
  • Asia-Pacific  (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific)
  • LAMEA  (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
Key Market Players Avantor, Inc., Becton Dickinson and Company., Bio-Rad Laboratories, Inc., Corning Incorporated., Fujifilm Holdings Corporation, General Electric Company, Hi Media Laboratories Pvt. Ltd., Lonza Group AG, Merck & Co., Inc., Thermo Fisher Scientific, Inc.
 

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According to the analyst perspective, the growth of the global culture media market is driven by factors such as increase in funding & investment for R&D activities & innovation in the life science industry, high demand for culture media, and rise in advancements associated with culture media rise in geriatric population has increased the risk of cardiovascular and cancer diseases which increases demand of culture media as its techniques are used for the treatment of various diseases like cancer and cardiovascular disease are impacting growth factor in culture media market. Other factors such as increasing funding for culture-based research has provided a boost to the market. Culture media used in pharmaceutical and biotechnological laboratories for drug discoveries have contributed to growth of market.

Further, the use of culture media is highest in North America, owing to increased adoption and availability of these products in the U.S., followed by Europe and Asia-Pacific. In addition, key players in this industry have focused on expanding their presence in the emerging economies, which is anticipated to drive the market growth.

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FREQUENTLY ASKED QUESTIONS?

A. The total market value of culture media market is $5,492.90 million in 2020

A. The forcast period for culture media market is 2021 to 2030

A. The market value of culture media market in 2030 is $13,487.84 million

A. The base year is 2020 in culture media market.

A. Becton, Dickinson and Company, Thermo Fisher Scientific, Merck KGaA, held a high market postion owing to the strong geographical foothold in different regions.

A. Chemically defined media segment dominates the global market, and is anticipated to continue this trend during the forecast period. the growth of this segment is attributable to reproducibility and control of performance in cell culture, productivity, and product quality as well as communication and transfer of the formulation.

A. The major factor for the growth of culture media market are use of cell culture technique in treatment of various diseases like cancer and cardiovascular disease, rise in demand in recent times of monoclonal antibodies which are manufactured using culture media techniques, innovative cell therapy products developed by R & D technologies and also, increasing use in pharmaceutical laboratories for drug discoveries is fueling the market growth.

A. owing to increased adoption and availability of these products , development of the R&D sector, rise in healthcare reforms, and technological advancements in the field of healthcare

A. Culture media contains the basic essentials for organisms remain the same, that is, source of energy, water, carbon source, nitrogen source, vitamins, and minerals

A. Culture Media is designed to support the population growth of micro-organisms via process of cell proliferation

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