The latest research report by Emergen Research, named ‘Global Culture Media Market - Forecast to 2028’, entails a comprehensive review of the global Culture Media market’s present and future trends. The report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe. The study is inclusive of a profound analysis of this business sphere focuses on the overall remuneration of the market over the projected period. The study also includes significant information pertinent to the Culture Media industry, particularly the current COVID-19 scenario.
Presently, various biopharmaceutical firms progressively seeking novel solutions for production of monoclonal antibodies. Also, increasing number of candidates for protein therapeutics, particularly monoclonal antibodies, is significantly fueling culture media market revenue growth. For development of production processes for antibodies, upholding cost effectiveness, offering manufacturing flexibility, reducing time to market, and maintaining desired quality attributes are considered to be some critical concerns. Many biotechnology companies are hence focusing on therapies for similar clinical indications and target conditions. In addition, production capacity is an issue as antibody therapies generally require large doses over prolonged time period. Hence, drug compounds are required to be manufactured in large quantities with time and cost efficiency to cater to clinical requirements and enable commercialization. Use of cell culture process also aids in controlling drug compound process consistency and quality, as well as allows large scale production.
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The Global Culture Media Market report assesses the historical and current data along with a thorough analysis of the market dynamics. The report also sheds light on the significant market growth driving and restraining factors that are anticipated to influence the market growth through the forecast period. The Global Culture Media Market studies the market scenario to offer growth projections for the Culture Media industry for the forecast period of 2021-2028. The report focuses on potential growth opportunities and limitations the prominent players of the industry might face during the entirety of the forecast timeline. The report pays special heed to the emerging business components, niche sectors, and product launches and brand promotions occurring in the market to help the readers make fruitful investment strategies.
Regional Analysis:
The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.
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Some Key Highlights From 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.
- By application, regenerative medicine segment revenue is expected to expand at a faster rate over the forecast period. Application of secretome, which is a group of proteins secreted in extracellular space, containing stem-cell derived conditioned culture media has various benefits such as ease of production, freeze-drying, packaging, and transportation. Besides, the need to match donor and recipient is not required, owing to absence of cells. Stem cell-derived conditioned culture media is set to hold immense potential to be developed as pharmaceuticals for use as regenerative medicines.
Some major companies in the market report include 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.
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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
- Regional Outlook (Revenue, USD Billion; 2018–2028)
- North America
- S.
- Canada
- Mexico
- Europe
- Germany
- K.
- France
- Italy
- Spain
- Sweden
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- UAE
- South Africa
- Israel
- Rest of MEA
- North America
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