The global cell culture media market was valued at US$3.7 bn in 2014 and is estimated to reach US$7.1 bn by 2023 at a CAGR of 7.6% from 2015 to 2023. This report is a complete study of current trends in the market, industry growth drivers, and restraints.
Albany, NY -- (SBWIRE) -- 07/18/2016 -- Cell culture involves the development of cells in an artificial environment, such as controlled laboratory conditions. The cells and tissues thus obtained are used in biotechnology, biopharmaceuticals, and pharmaceuticals. Traditionally used for research purposes, cell cultures are increasingly being used in the invention and production of vital therapeutic molecules. Cell cultures are also used in the medical sector in cell therapy, bioprocessing and manufacturing biologics, and regenerative medicines. This is driving the global cell culture media, sera, and reagents market. However, stringent process controls for cell culture that need to be adhered to, ethical concerns with respect to the use of animal sources, and concerns over the use of transgenic plants and animals are negatively impacting the market's growth.
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In this report, the cell culture market has been extensively examined in terms of media, sera, and reagents. Among media, the components of the cell culture market are chemically defined, lysogeny broth, serum-free, classical, protein-free, and specialty media. Within sera, newborn calf and adult bovine serum, fetal bovine serum, and others are the components of the market. Albumin, attachment factors, protease inhibitors, amino acids, growth factors and cytokines, and others are the reagents in the market.
In 2014, cell culture media accounted for the largest share in the global market. Experts involved in the cell culture industry opine that end users aspire to obtain high-quality media that provide robust as well as reproducible results. The utilization of chemically defined media has been exhibiting slow growth for both bioprocessors and manufacturers. However, a shift in demand from serum-based to serum-free, serum-sparing, and chemically-defined media has been observed in this market.
In cell culture studies, sera provide a large range of macromolecules, carrier proteins, hormones, trace elements, spreading factors, low molecular weight nutrients, and other growth factors. The use of sera is as a supplement in cell culture studies. This is because serum is generally an indefinite component of cell culture media resulting in the development of several serum-free formulations. Moreover, cell culture media sans serum and animal derived components are regarded ideal for studying the role and function of drug components that are present in small molecules.
In cell culture media, cell culture reagents are chemicals used for synthesizing or detecting another substance, which is under study in the culture. Cell dissociation reagents, cell freezing media, cell washing solutions, amino acids, extracellular attachment matrices, cell washing solutions, and other related products are the commonly used reagents.
Geographically, North America was the dominant market in 2014 and accounted for a share of 40% in the global market.
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