This report studies the Fetal Bovine Serum market, Fetal bovine serum(FBS) is the remained blood fraction after the natural coagulation of blood, which is obtained by centrifugation to remove any remaining red blood cells. This report focuses on the Fetal Bovine Serum in Global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Seattle, WA -- (SBWIRE) -- 11/20/2019 -- Fetal bovine serum (FBS) finds its application in several biotechnological research purposes, including cancer research, development of biopharmaceuticals, human & animal vaccines, and other research purposes. In addition, FBS is used as an additional media supplement for cell culture, owing to the presence of high content of embryonic growth-promoting factors. It is considered as the most effective growth promoter as compared to the other animal sera available for most cell culture systems.
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Rise in R&D activities toward the introduction of novel biopharmaceuticals has considerably fueled the growth of the global fetal bovine serum market. In addition, expansion of biopharmaceutical industry is anticipated to fuel the global fetal bovine serum market growth.
Increase in investments and funding for research interventions in both developed and developing countries drives the market growth. However, ethical & scientific concerns associated with the potential misuse of biotechnology research practices and dearth of skilled personnel restrict the fetal bovine serum market. In addition, ease of availability of alternatives such as chemically defined media, serum-free media, and others hampers the market growth.
Application segment review
Based on application, the fetal bovine serum market is classified into biopharmaceuticals, cell culture, human & animal vaccine production, and others. The cell culture segment was the largest contributor to the fetal bovine serum market, owing to the fact that it is most widely used as a supplement during the cell culture protocols.
Region segment review
Region wise, the fetal bovine sera market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America dominated the market in 2018, accounting for the highest share, and is anticipated to maintain this trend throughout the forecast period. Asia-Pacific is projected to register the highest growth rate from 2018 to 2027.
The report provides a comprehensive analysis of the leading companies operating in the global fetal bovine serum market such as GE Healthcare, Merck KGaA (Sigma Aldrich), HiMedia Laboratories Pvt., Ltd., Bio-Techne, Biowest, Biological Industries, Atlas Biologicals, Rocky Mountain Biologicals, PAN-Biotech, and Thermo Fisher Scientific Inc.
Key Benefits for Fetal Bovine Serum Market:
- The study provides an in-depth analysis of the global fetal bovine serum market share with the current trends and future estimations to elucidate the imminent investment pockets.
- A comprehensive analysis of the factors that drive and restrict the global fetal bovine serum market size is provided.
- A comprehensive quantitative fetal bovine serum market analysis is provided from 2018 to 2027 to assist stakeholders to capitalize on the prevailing market opportunities.
- An extensive analysis of the key segments of the industry helps to understand the global fetal bovine serum market trends.
- Key players and their strategies are provided to understand the competitive outlook of the industry.
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