Cell Culture Media Industry Predicted To Perceive Promising Growth of ~9.1% CAGR | Global Market Foreseen by 2023 | MarketResearchFuture.com

“Cell Culture Media Industry”
Market Research Future has a cooked research report on Global Cell culture media Market. The Global Cell Culture Media Industry is projected to reach USD 1,290.1 million by the end of 2023 at a CAGR of 9.1 % during 2017-2023.

Market research future has a cooked research report on Global Cell Culture Media Industry. The Global Cell Culture Media Market is projected to reach USD 1,290.1 million by the end of 2023 at a CAGR of 9.1 % during 2018-2023.

The market for cell culture media is growing at an impressive rate due to factors such as growing number of biotech firms, growing demand for biotechnology products, high return on investments, technological advancements, etc. Contamination of cell culture media, presence of heavy trace elements, high cost of the final products, lack of scientific understanding of natural media, issues of reproducibility, quality and specificity especially of natural media, scarcity of serum and animal components, ethical issues regarding use of animal components, etc., may restrain the growth of the market over the forecast period.

Global Cell Culture Media Market Players:

Some of the key players in this market: Merck KGaA, Corning Incorporated, GE Healthcare, Thermo Fisher, Lonza, BD, HiMedia Laboratories and others.

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Cell Culture Media Market Regional Analysis:

Considering the global scenario of the market, North Americas region is accounted the largest market share of 36.1% in 2016. This market is expected to reach USD 478.7 million by 2023 at a CAGR of 9.5 %. Europe market is expected to be the second largest in terms of regions in the global cell culture market, this market is expected to reach USD 374.3 million at a CAGR of 9.3 % during the forecast period 2017-2023. However, the Asia Pacific market is expected to grow at the fastest CAGR of 9.6 % during the forecast period 2017-2023.

Cell Culture Media Market Segmentation:

Cell culture media market has been segmented on the basis of type, application, and end user.

On the basis of type, the market is segmented into lysogeny broth, chemically defined media, protein free media, serum free media, classical media, custom media, and others.

On the basis of application, the market is segmented into drug discovery and drug development, toxicity testing, cancer research, genetic engineering, tissue engineering & biochemistry, stem cell research, and others.

On the basis of end user, the market is segmented into biotechnology & pharmaceutical companies, research laboratories, academic institutes, pathology labs, and others.

On the basis of region, the market is segmented into North Americas, Europe, Asia Pacific, and the Middle East & Africa.

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Major TOC For Global Cell Culture Media Market Research report forecast to 2023:

1 Report Prologue

2 Market Introduction

2.1 Scope of Study

2.2 Research Objective

2.3 Assumptions & Limitations

2.3.1 Assumptions

2.3.2 Limitations

2.4 Market Structure

3 Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary research

3.4 Market Size Estimation

4 Market Dynamics

4.1 Drivers

4.1.1 Rise in demand for cell culture media will boost the growth globally (Impact weightage 40%)

TOC Continued…!

LIST OF TABLE

TABLE 1 GLOBAL CELL CULTURE MEDIA MARKET BY TYPE, USD MILLION, 2014-2023

TABLE 2 GLOBAL CELL CULTURE MEDIA MARKET FOR LYSOGENY BROTH, USD MILLION 2014-2023

TABLE 3 GLOBAL CELL CULTURE MEDIA MARKET FOR CHEMICALLY DEFINED MEDIA, USD MILLION 2014-2023

TABLE 4 GLOBAL CELL CULTURE MEDIA MARKET FOR PROTEIN FREE MEDIA, USD MILLION 2014-2023

TABLE 5 GLOBAL CELL CULTURE MEDIA MARKET FOR SERUM FREE MEDIA, USD MILLION 2014-2023

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LIST OF FIGURE

FIGURE 1 GLOBAL CELL CULTURE MARKET BY TYPE MARKET SHARE 2016 (%)

FIGURE 2 GLOBAL CELL CULTURE MARKET BY APPLICATIONS MARKET SHARE 2016 (%)

FIGURE 3 GLOBAL CELL CULTURE MARKET BY END USERS MARKET SHARE 2016 (%)

FIGURE 4 CELL CULTURE MARKET BY REGION MARKET SHARE 2016 (%)

FIGURE 5 GLOBAL CELL CULTURE MEDIA MARKET: MARKET STRUCTURE

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