Emergen Research: Culture Media Market, By Type, By Research Type, By Application, By End-use, and By Region Forecast to 2028.
Emergen Research: Culture Media Market, By Type, By Research Type, By Application, By End-use, and By Region Forecast to 2028
Rising research to develop protein therapeutics, increasing prevalence of infectious diseases, and advancements in culture technologies are some key factors expected to drive market growth
According to Emergen Research, the global culture media market size was USD 5.43 Billion in 2020 and is expected to reach USD 11.10 Billion in 2028 and register a revenue CAGR of 9.3% during the forecast period, 2021-2028.
Market Dynamics:
Culture media, also referred to as growth media, are specific mixtures of nutrients and other essential substances that support and promote growth of the microorganisms such as bacteria and fungi. Culture media are specifically designed for rapid microbial growth and often allow high yield of the desired products at a fast rate, restrict growth of undesired products, and can be easily sterilized. Culture media in tubes, flasks, jars, and Petri dishes are incubated at defined temperature. Availability of cost-effective culture media, increasing use of culture media for research use and for clinical in vitro diagnostic use, and rising application of culture media as a part of clinical therapeutic protocol are some key factors expected to drive market revenue growth over the forecast period.
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Culture media are often used for quality control tests of non-sterile raw materials and finished products and in sterility tests for hygiene monitoring, sterilization process validation, and to determine efficacy of preservatives and antimicrobial agents. Culture media are also used as a raw material in biotherapeutic or bioprohylactic manufacturing processes. Culture media have four major applications including research use only, for large-scale manufacturing use, for clinical in vitro diagnostic use, and as a part of clinical therapeutic regime. Design and content of culture media depends on the type of microorganism being use and includes essential components such as source of energy, carbon source, nitrogen source, vitamins and minerals, and water.
Defined or formulated media have little batch variation but are often expensive. Culture media supports the metabolic processes of organisms to facilitate the biosynthesis of desired products, are economical and readily available, are highly compatible with fermentation processes, and can yield consistent products with minimum batch variations. These, along with increasing prevalence of infectious diseases and need for robust differential diagnosis, are some key factors expected to boost use of culture media for diagnostic and clinical applications and contribute to market revenue growth over the forecast period. However, lack of standardization of protocols and increased risk of contamination are some key factors that can hamper market growth going ahead.
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COVID-19 Impact Analysis
- Social distancing and restrictions severely disrupted businesses and operations
- Lockdowns caused disruptions in transportation and logistics
- Impacted manufacturing activities and mining operations globally
- Took a toll on economy of various countries
- Caused sudden and drastic downturn in economic activity
- Disrupted agriculture, fisheries, dairy, and other sectors
- Caused loss of employment and financial crisis
- Supply impacts were further compounded owing to reduced disposable income
- Emergence of variants continue to cause concerns and impact normal routines
Chemically Defined Media Segment to Account for Significantly Large Revenue Share:
Chemically defined media segment is expected to account for largest revenue share in the global market over the forecast period attributable to increasing use of chemically defined media during microbial testing due to their attributes such as low risk of contamination, reduce experiment costs, enhance efficiency, and enable precise prediction of product yield. Chemically defined media are used for in vitro cell culture of human or animal cells and allow for robust cell growth as all the chemical components are known. Chemically defined media improve productivity, product quality, reproducibility, and control of performance in cell culture.
Cell Therapy Segment Revenue to Expand at a Rapid CAGR:
Cell therapy segment is expected to register robust revenue CAGR over the forecast period attributable to increasing application of cell therapy in treatment of various chronic disorders, rising availability of robust services to develop large cell numbers of in vivo studies, and introduction of customizable bioprocessing cell culture media products to accelerate development of cell therapies.
North America to Lead in Terms of Revenue Share:
North America is expected to account for largest revenue share over the forecast period attributable to increasing advancements in clinical and pharmaceutical research, availability of high-quality reagents and materials at cost-effective prices, expansion of drug and therapeutic pipelines, and presence of key market players in the region.
Major Companies in the Market 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
- Infors AG
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For the purpose of this report, 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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Regional Outlook (Revenue, USD Billion; 2018–2028)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.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
- U.A.E.
- South Africa
- Israel
- Rest of MEA
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