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2021
Gene Therapy Cell Culture Media Market

Gene Therapy Cell Culture Media Market by Media Type (Serum Containing Media, Serum Free Media, Stem Cell Media, Specialty Media, Chemically Defined Media, Lysogeny Broth, Custom Media, and Others), Viral Vectors Type (Retroviruses, Lentiviruses, Adenoviruses, Adeno Associated Virus, Herpes Simplex Virus, Poxvirus, Vaccinia Virus, and Others), and End User (Biotechnology & Pharmaceutical Industry, Academic Institute, Research Laboratory, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027
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A09065
Pages: 262
Jan 2021 | 2574 Views
Author(s) : Vishal Bhardwaj , onkar
Tables: 130
Charts: 56
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COVID-19

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Gene Therapy Cell Culture Media Market Overview:

The global gene therapy cell culture media market size accounted for $122.60 million in 2019, and is expected to reach $278.96 million by 2027, registering a CAGR of 10.6% from 2020 to 2027.

Due to COVID-19 pandemic, the gene therapy cell culture media companies are largely protected from economic disruption, owing to increase in demand for media such as improved protein-free media for growth and production of viral vectors. In addition, rise in demand for COVID vaccine through gene and cell therapy propels the market growth. Furthermore, many gene therapy companies may see the opportunity to find vaccines for Covid-19 as life support which increases the demand for gene therapy cell culture media market as its wider use in clinical trials.

Gene therapies are treatments applicable to a broad range of diseases. They radically treat the cause of the diseases instead of only relieving the symptoms. Furthermore, they may be effective on a wide range of previously untreated diseases, such as hematological, ocular, neurodegenerative diseases, and several cancers. Gene therapy cell culture media consists of important nutrients that provide ample energy to regulate healthy cell cycle. Moreover, it contains bovine serum, animal-derived nutrients, and growth factors like EGF, FGF, IGF, and PDGF. Different culture media are available in the market for various cell cultures to survive and grow in their incubation environment. The culture media market is anticipated to grow considerably in the near future, owing to different factors such as increase in investments and funding for R&D and innovation in life sciences, especially biopharmaceutical products.

Gene-Therapy-Cell-Culture-Media-Market-2020-2027

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The major factors that contribute toward the growth of the gene therapy cell culture media market include rise in R&D investments, and growth in awareness regarding gene therapy.

Furthermore, factors such as increase in government support, ethical acceptance of gene therapy for cancer treatment, and rise in prevalence of cancer fuel the growth of the market. However, high cost associated with the treatment and unwanted immune responses are expected to hamper the gene therapy cell culture media market growth. 

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. 

Gene Therapy Cell Culture Media Market
By Media Type

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Chemically defined media holds a dominant position in 2019

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Due to COVID-19 pandemic, the gene therapy cell culture media companies are largely protected from economic disruption, owing to increase in demand for media such as improved protein-free media for growth and production of viral vectors. Rise in demand for COVID vaccine through gene and cell therapy propels the market growth. Furthermore, many gene therapy companies may see the opportunity to find vaccines for Covid-19 as life support which increases the demand for gene therapy cell culture media market as its wider use in clinical trials.

Gene therapy cell culture media market

The gene therapy cell culture media market is segmented on the basis of media type, viral vectors type, end user, and region. By media type is further divided into serum containing media, serum free media, stem cell media, specialty media, chemically defined media, lysogeny broth, custom media, and others. By viral vectors type, the market is divided into retroviruses, lentiviruses, adenoviruses, adeno associated virus, herpes simplex virus, poxvirus, vaccinia virus, and others. By end user, it is classified into biotechnology & pharmaceutical industry, academic institute, research laboratory, and others. Region wise, it is analyzed across North America Europe, Asia-Pacific, and LAMEA.

Gene Therapy Cell Culture Media Market
By Viral Vectors Type

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Adenoviruses holds a dominant position in 2019

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Segment review 

Presently, on the basis of media type, the chemical defined media is the major revenue contributor, and is projected to grow significantly during the forecast period. This is attributed to the repeated purchase of consumables and increased funding for cell-based research. By media type is further divided into serum containing media, serum free media, stem cell media, specialty media, chemically defined media, lysogeny broth, custom media, and others. In addition, the viral vectors are divided into retroviruses, lentiviruses, adenoviruses, adeno associated virus, herpes simplex virus, poxvirus, vaccinia virus, and others.

Depending on end user, the gene therapy cell culture media market is classified into biotechnology & pharmaceutical industry, academic institute, research laboratory, and others. Pharmaceutical & Biotechnology industry segment is the major shareholder in the gene therapy cell culture media market, owing to expansion of major pharmaceutical companies, increase in government support and ethical acceptance of gene therapy for cancer treatment.

Gene Therapy Cell Culture Media Market
By End User

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Pharmaceutical & Biotechnology industries segment holds a dominant position in 2019

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Snapshot of Asia-Pacific gene therapy cell culture media market  

Asia-Pacific presents lucrative opportunities for key players operating in the gene therapy cell culture media market, owing to awareness regarding gene therapy for cancer treatment, and rise in prevalence of cancer. The other factors that boost the growth of the market include surge in research funding in the region. Furthermore, focus of leading manufacturers on expanding their geographical presence in emerging Asia-Pacific countries to capture high market share is expected to drive the growth of the cell culture market in the region.  

The key players profiled in this report include Fujifilm Holdings Corporation, HiMedia Laboratories Pvt., Ltd, Lonza Group Ltd, Sartorius AG, Thermo Fisher Scientific Inc., Merck KGaA, Danaher Corporation, Takara Holdings Inc., Novartis International AG, and Bio-Techne Corporation.

Gene Therapy Cell Culture Media Market
By Region

2027
North America 
Europe
Asia-pacific
Lamea

Asia-Pacific region would exhibit the highest CAGR of 13.5% during 2020-2027.

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Key Benefits For Stakeholders

  • The study provides an in-depth analysis of the gene therapy cell culture media market along with the current trends and future estimations to elucidate the imminent investment pockets.
  • It offers gene therapy cell culture media market analysis from 2019 to 2027, which is expected to enable the stakeholders to capitalize on the prevailing opportunities in the market.
  • A comprehensive analysis of major regions is provided to determine the prevailing opportunities.
  • The profiles and growth strategies of the players are thoroughly analyzed to understand the competitive outlook and global gene therapy cell culture media market growth.

Key Market Segments

  • By Media Type
    • Serum-containing Media
    • Serum-free Media
    • Stem Cell Media
    • Specialty Media
    • Chemically Defined Media
    • Lysogeny Broth
    • Custom Media
    • Others
  • By Viral Vectors Type
    • Retroviruses
    • Lentiviruses
    • Adenoviruses
    • Adeno-associated Virus
    • Herpes Simplex Virus
    • Poxvirus
    • Vaccinia Virus
    • Others
  • By End User
    • Biotechnology & 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
      • China
      • Japan
      • Australia
      • India
      • South Korea
      • Rest of Asia-Pacific
    • LAMEA
      • Brazil
      • Saudi Arabia
      • South Africa
      • Rest of LAMEA


Key Market Players

  • BIO-TECHNE CORPORATION
  • DANAHER CORPORATION (CYTIVA)
  • FUJIFILM HOLDINGS CORPORATION (FUJIFILM IRVINE SCIENTIFIC)
  • HIMEDIA LABORATORIES
  • LONZA GROUP LTD
  • MERCK KGAA
  • NOVARTIS INTERNATIONAL AG
  • SARTORIUS AG
  • THERMO FISHER SCIENTIFIC, INC.
  • TAKARA HOLDINGS INC. (TAKARA BIO INC.)
 

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According to analyst perspective, the global gene therapy cell culture media market is driven by factors such as increase in funding & investment for R&D activities & innovation in the life science industry, and rise in advancements associated with culture media. However, scientific and ethical concerns associated with culture media and dearth of skilled professionals hamper the growth of the market. The other major factors that contribute toward the growth of the market include launch of novel and advanced instruments and consumables in the 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 focus on expanding their presence in the emerging economies, which is anticipated to drive the market growth.

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FREQUENTLY ASKED QUESTIONS?

A. Increase in funding for R&D activities pertaining to gene therapy and growth in awareness regarding gene therapy drive the global market growth

A. Chemical defined media segment is the major revenue contributor, and is projected to grow significantly during the forecast period. This is attributed to the repeated purchase of consumables and increased funding for cell-based research.

A. The market value of gene therapy cell culture media market in 2027 is $278.9 million

A. The base year is 2019 in gene therapy cell culture media market.

A. Fujifilm Holdings Corporation, HiMedia Laboratories Pvt., Ltd, Lonza Group Ltd, Sartorius AG held a high market postion owing to the strong geographical foothold in different regions.

A. The total market value of gene therapy cell culture media market is $122.6 million in 2019.

A. The major factor for the growth of gene therapy cell culture media market are increase in government support, ethical acceptance of gene therapy for cancer treatment. Furthermore, increase in investments and funding for R&D and innovation in life sciences, especially biopharmaceutical products. In addition, the development of the biosimilar industry boosts the growth of the culture media market.

A. The forcast period for gene therapy cell culture media market is 2020 to 2027

A. Gene therapy cell culture media consists of important nutrients that provide ample energy to regulate healthy cell cycle. Moreover, it contains bovine serum, animal-derived nutrients, and growth factors like EGF, FGF, IGF, and PDGF.

A. Gene therapy cell cultures media are used for settings for growth, proliferation, maintenance, and storage of microorganisms and other cell types such as stem cells, mammalian, and other cell lines

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