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Mammalian Cell Culture Medium Market Size Projected to Reach $3,310 Million by 2026

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Mammalian Cell Culture Medium Market Size Projected to Reach $3,310 Million by 2026

September 17
07:11 2021
Mammalian Cell Culture Medium Market Size Projected to Reach $3,310 Million by 2026
Mammalian Cell Culture Medium Market
Increasing Research and Development Activities is Set To Further Enhance the Overall Market Demand for Mammalian Cell Culture Medium Market

Mammalian Cell Culture Medium Market size is projected to reach $3,310 million by 2026, growing at a CAGR of 11.8% over 2021-2026. Cell Culture is defined as the healthy growth of substance in order to increase the growth and survival of cell culture. Sometimes, mammalian cell culture need specialized media that serve the complex biology of eukaryotic cell lines and primary cells. Various components such as vitamins, amino acids, glucose, minerals, and supplements are needed for the healthy growth of mammalian cells. The cell culture media also support to control the pH and osmolarity of the cultured cells. The rising demand of 3D cell culture, increasing prevalence of influenza and growing development in technology for production of vaccine are the major factors driving the growth of this market. Furthermore, increasing research and development activities is set to further enhance the overall market demand for Mammalian Cell Culture Medium Market for the period 2021-2026.   

Mammalian Cell Culture Medium Segment Analysis – By Type

The Mammalian Cell Culture Medium Market based on Type can be further segmented into Classical Media, Stem Cell Media, Specialty Media, Serum-Free Media, and Others. The Classical Media segment is the major segment generating revenue in 2020. This is mainly owing to classical medium that are widely used for cell culture as it helps to support the growth of mammalian cells. Moreover, classical media are mostly used for the manufacturing of cell culture products and are increasing the growth of this market. The Serum-Free Media segment is estimated to register the fastest CAGR of 12.1% for the period 2021-2026. This is mainly owing to its consistent performance and also helps to reduce the contamination risk that increases the productivity and growth of this segment and are increasing the growth of this market. 

Mammalian Cell Culture Medium Segment Analysis – By End-Use Industry

The Mammalian Cell Culture Medium Market based on End-Use Industry can be further segmented into Biopharmaceutical, Academic & Research Institutes, and Others. The Biopharmaceutical segment registers for the highest Mammalian Cell Culture Medium market share in 2020. This is mainly owing to increasing burden of infectious disease, rising demand of single use technologies. Moreover, rising approval by the regulatory agencies are increasing the growth of this segment. The Academic & Research Institutes segment is forecasted to register the fastest CAGR of 11.5% over 2021-2026. This is mainly owing to rising research and development activities in the field of cell culture that are increasing the growth of this market.

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Mammalian Cell Culture Medium Segment Analysis – By Geography

North America dominated the Mammalian Cell Culture Medium Market with major share of 40% in 2020. This is owing to the increasing research and development activities, growing advancement in technology in the field of cell culture media and rising investments in order to innovative technologies and advances in cell culture applications. According to Pharmaceutical Research and Manufacturers Association, in 2019 about 79.6 billion are invested in biopharmaceutical industry for the research and development purposes in U.S. that are increasing the growth of this market.

However, Asia Pacific is estimated to be the significant growing market during the forecast period 2021-2026 owing to increasing number of cell culture technology.

Mammalian Cell Culture Medium Market Drivers 

Growing Prevalence of Influenza

Increasing prevalence of influenza diseases and rising awareness about the cell-culture based vaccines are increasing the growth of this market. According to Center for Disease Control and Prevention, more than 9 million people have influenza that increases the focus on developing various anti-infectives products that increases the demand of cell culture technology and are increasing the growth of the Mammalian Cell Culture Medium Market over 2021-2026.   

Rising Development in Technology

Increasing advancement in technology for the development of proteomic gene expression and production of vaccine are increasing the growth of this Market. Moreover, rising research activities for cancer treatment and gene therapies are increasing the growth of Mammalian Cell Culture Medium Market over 2021-2026.  

Covid-19 Impact: 

COVID-19 pandemic had greatly impacted the growth of Mammalian Cell Culture Medium Market. Currently, mammalian cell lines are used for research purposes for the treatment of SARS-CoV-2 virus. Cell culture medium helps to increase the nutrients in cells that helps to develop vaccine and are positively impacted the growth of this market.   

Mammalian Cell Culture Medium Market Challenges 

High Cost Associated with Cell Biology Research

The factors that is set to impede the growth of the Mammalian Cell Culture Medium Market are the high investment cost for research in cell culture which is set to create hurdles for the Mammalian Cell Culture Medium Market.   

Mammalian Cell Culture Medium Landscape

Product launches, acquisitions, collaboration, joint ventures, and geographical expansions are key strategies adopted by players in the Mammalian Cell Culture Medium Market. Mammalian Cell Culture Medium top 10 companies are Becton, Dickinson and Company, Bio-Rad Laboratories Inc., Caisson Laboratories, Inc., Cell Culture Technologies LLC, Corning Incorporated, Fujifilm Holdings Corporation, GE Healthcare, HiMedia Laboratories Pvt., Ltd, Lonza Group Ltd, and Merck & Co., Inc.

Development

In May 2020, Chemovator GmbH launched a new product BIOFLOAT that are used for consumables in cell culture and are increasing the growth of this market.

Key Takeaways

Geographically, in 2020, North America dominated the Mammalian Cell Culture Medium Market owing to the increasing research and development activities, growing advancement in technology in the field of cell culture media and rising investments in order to innovative technologies and advances in cell culture applications.

Rising demand of 3D cell culture, increasing prevalence of influenza and growing development in technology for production of vaccine are likely to aid in the market growth of the Mammalian Cell Culture Medium. 

Detailed analysis of the Strength, Weakness, and Opportunities of the prominent manufacturers operating in the market will be provided in the Mammalian Cell Culture Medium Market report.  

High cost associated with cell biology research is set to create hurdles for the Mammalian Cell Culture Medium Market.  

Relevant Reports:

A. 3D Cell Culture Market

https://www.industryarc.com/Report/16730/3d-cell-culture-market.html

B. Cell Culture Market

https://www.industryarc.com/Report/15167/cell-culture-market.html

For more Lifesciences and Healthcare related reports, please click here

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