According to Global Market Monitor data, the stem culture media market is expected to extract lucrative opportunities over the predicted years.
New York, United States – June 24, 2020 /MarketersMedia/ —
Culture media is used in microbiological laboratories and research centers to grow and control cells. A cell culture media is composed of the appropriate composition of amino acids, vitamins, inorganic salts, glucose, serum, etc. It may require additional supplementary reagents and sera such as growth factors, hormones, lipids, trace elements, and minerals which are necessary for cell cultures to grow and survive in their incubation environment.
This report also covers the recent COVID-19 and its impact on Stem Cell Media Market. The pandemic has widely affected the economic scenario. This study assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.
Cell culture media is a critical component in the production of cell therapies. The stem cell culture media market was growing continually over the past years, mainly due to the increasing consumption of products used in the cell culture environment and increasing demand in the development of biotechnological products and biopharmaceuticals. Furthermore, the growing pharmaceutical industry, rising biopharmaceutical drugs in the pipeline, increasing prevalence of cancer and infectious diseases, and increasing the geriatric population are factors that anticipated to boost the market growth. However, the lack of skilled professionals and ethical & scientific concerns associated with culture media will be the major restraint of market growth.
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The Major Players Profiled in This Report Include:
In October 2018, Thermo Fisher Scientific acquired the Advanced Bioprocessing business from Becton, Dickinson, and Company. Advanced bioprocessing includes cell culture media, supplements, and feeds for a variety of biopharmaceutical applications. In May 2017, Merck launched the industry’s first off-the-shelf cell culture media for perfusion processes.
In March 2017, Lonza launched the Power CHO Advance Media. With this, the company aims to expand its product portfolio.
The Type and Application Analysis:
On the basis of type, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each type, primarily split into:
Pluripotent Stem Cell Culture
Hematopoietic Stem Cell Culture
Mesenchymal Stem Cell Culture
On the basis of application, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each application/end users, primarily divided into:
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The large consumption of stem culture media in America is mainly attributed to the presence of major manufacturers, high prevalence of cancer and infectious diseases, technological advancements in the preclinical and clinical segment, increasing awareness among the population, and high disposable income. The Asia Pacific is estimated to possess high growth potential in the culture media market during 2020-2026. The increase in accessibility & availability of research facilities and the rise in healthcare & research expenditure is the direct driver factors of the market growth. Furthermore, rising government initiatives to promote research, rapid economic development, higher disposable income, continuous health technology advancement are some of the other factors that projected to invade vigor to the stem culture media market in this region.
Stem Cell Media Report Table of Content:
Chapter 1 Report Overview
Chapter 2 Market Trends and Competitive Landscape
Chapter 3 Segmentation of Stem Cell Media Market by Types
Chapter 4 Segmentation of Stem Cell Media Market by End-Users
Chapter 5 Market Analysis by Major Regions
Chapter 6 Product Commodity of Stem Cell Media Market in Major Countries
Chapter 7 North America Stem Cell Media Landscape Analysis
Chapter 8 Europe Stem Cell Media Landscape Analysis
Chapter 9 Asia Pacific Stem Cell Media Landscape Analysis
Chapter 10 Latin America, Middle East & Africa Stem Cell Media Landscape Analysis
Chapter 11 Major Players Profile
11.1 Thermo Fisher
11.1.1 Thermo Fisher Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 STEMCELL Technologies
11.2.1 STEMCELL Technologies Profile and Recent Development
11.2.2 Market Performance
11.2.3 Product and Service Introduction
11.3 Merck Millipore
11.3.1 Merck Millipore Company Profile and Recent Development
11.3.2 Market Performance
11.3.3 Product and Service Introduction
Chapter 12 Data Source and Research Methodology
The List of Tables and Figures
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Stem Cell Media Report Provide:
Potential opportunities and challenges analysis in the Stem Cell Media market.
Current and future market outlook in the developed and emerging regional markets.
Detailed analysis of the segment that is expected to dominate the market.
Regions that are expected to witness the fastest growth during the forecast period.
Identify the latest developments, market shares, and strategies employed by the major market players.
Comprehensive & in-depth research and after-sales warranty by Global Market Monitor.
Analysis of Influences of COVID-19 to the present and future Stem Cell Media market and related industry.
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