Cell Culture Media Market to hit USD 10.2 billion by 2032, says Global Market Insights Inc.
Cell culture media industry is projected to witness a CAGR of 12.8% during the period 2024-2032. This growth can be attributed to the advancement in cell culture media technology.
Selbyville, Delaware, Nov. 05, 2024 (GLOBE NEWSWIRE) —
Cell Culture Media
Cell Culture Media Market Players
Companies including ACROBiosystems, Corning Incorporation, Danaher Corporation, FUJIFILM Irvine Scientific, Lonza Group, Merck KGaA, Miltenyi Biotech, Nuvonis, Sartorius AG, ScienCell Research Laboratories, and Thermo Fisher Scientific Inc. are working in the market. Increasing investments and expansion by these players will drive revenue sales.
For instance, in August 2022, Thermo Fisher Scientific expanded its cell culture media manufacturing site in Grand Island, New York. This expansion aimed to increase production capacity and support the growing demand for high-quality cell culture media used in research and therapeutics.
Partial Table of Contents (ToC) of the report:
Chapter 1 Methodology & Scope
1.1 Market scope & definitions
1.2 Research design
1.2.1 Research approach
1.2.2 Data collection methods
1.3 Base estimates & calculations
1.3.1 Base year calculation
1.3.2 Key trends for market estimation
1.4 Forecast model
1.5 Primary research and validation
1.5.1 Primary sources
1.5.2 Data mining sources
Chapter 2 Executive Summary
2.1 Industry 360° synopsis
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.2 Industry impact forces
3.2.1 Growth drivers
3.2.1.1 Rising incidence of chronic diseases
3.2.1.2 Advancement in cell culture media technology
3.2.1.3 Increasing demand for serum and animal component-free media
3.2.1.4 Growing demand for regenerative medicine
3.2.2 Industry pitfalls & challenges
3.2.2.1 High cost of cell biology products
3.2.2.2 Stringent regulatory challenges
3.3 Growth potential analysis
3.4 Emerging technology landscape
3.5 Porter’s analysis
3.6 PESTEL analysis
Browse more biotechnology R&D industry reports @ https://www.gminsights.com/industry-reports/biotechnology-randd/82
About Global Market Insights
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
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