Culture Media Market Technology, Product Scope, Demand, Business Scenario, Trends, Share, Applications, Types and Forecasts 2021 – 2028
The global culture media market size is expected to reach USD 11.10 billion at a revenue CAGR of 9.3% in 2028, according to latest analysis by Emergen Research.
Steady market revenue growth of culture media
can be attributed to its increasing use in pharmaceutical microbiology. Culture
media is considered highly essential for numerous microbiological tests for
pure culture procurement, microbial cells growing & counting, and
cultivation & segregation of microorganisms. Absence of high-quality
culture media results in reduction of possibility of attaining precise,
repeatable, and reproducible microbiological test results.
Microbiological culture media promotes growth,
sustenance, and survival of microorganisms by providing essential nutrients,
cell growth hormones, and growth factors. It also helps in regulating osmotic
pressure and pH value of the culture. Rising demand for media quality and
standardization is driving development of more defined culture media.
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The Global Culture
Media Market research report is a detailed document outlining the recent
advancements and developments in the Culture Media business sphere considering
2020 as the base year and 2021-2028 as the forecast timeline. The report offers
valuable insights into the market size, market share, sales channel and
distribution network, segmentation of the market, demands, and trends, and
growth prospects. The report also studies the growth of the market on a global
and regional scale.
Key Highlights of the Report
In December 2019, Sartorius,
which is a life science research firm, signed an agreement to acquire
Biological Industries, which is an Israel-based firm engaged in cell culture
media development and production. Sartorius would purchase 50% share of
Biological Industries for over USD 52.0 million.
By research type,
cytogenetics segment contributed a significantly large revenue share in 2020.
Cytogenetics play a crucial role in characterization of innovative alterations
and recognition of chromosomal abnormalities related to malignancies. It further
enables more research and advances the know-how associated with genetic aspects
of diseases.
Also, a possible enhancement
in patient survival can be achieved by new drug development via understanding
molecular mechanisms. Robust strength of cytogenetic research analysis is
likely to provide global assessment of structural and numerical abnormalities
in one single assay.
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Emergen Research has segmented global
culture media market on the basis of type, research type, application, end-use,
and region:
Type Outlook (Revenue, USD Billion;
2018–2028)
Chemically Defined Media
Lysogeny Broth
Classical Media
Specialty Media
Serum-free Media
Stem-cell Media
Custom Media Formulation
Others
Research Type Outlook (Revenue, USD
Billion; 2018–2028)
Cell Therapy
Cytogenetics
Others
Application Outlook (Revenue, USD
Billion; 2018–2028)
Cancer Research
Drug Discovery
Regenerative Medicine
Tissue Engineering
Others
End-use Outlook (Revenue, USD Billion;
2018–2028)
Pharmaceutical Company
Research Laboratory
Academic Institute
Others
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Competitive Terrain:
The Global Culture
Media Market is highly consolidated due to the presence of a large number of
companies across this industry. The report discusses the current market
standing of these companies, their past performances, demand and supply graph,
production and consumption patterns, sales network, distribution channels, and
growth opportunities in the market at length. The report scrutinizes the
strategic approach of key market players towards expanding their product
offerings and fortifying their market foothold.
The leading market contenders listed in the
report are as follows:
Becton, Dickinson,
and Company, Lonza Group AG, Danaher Corporation, Himedia Laboratories, Thermo
Fisher Scientific Inc., CellGenix GmbH, Merck KGaA, STEMCELL Technologies Inc.,
Corning Incorporated, and Infors AG.
Additionally, the report covers the analysis
of the key players in the industry with a special focus on their global
position, financial status, and their recent developments. Porter’s Five Forces
Analysis and SWOT analysis have been covered by the report to provide relevant
data on the competitive landscape.
Detailed Regional Analysis covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of
EU)
Asia-Pacific (India, Japan, China, South
Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest
of Latin America)
Middle East & Africa (Saudi Arabia,
U.A.E., South Africa, Rest of MEA)
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