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What key factors are powering the surge in the cell culture media market right now?

With a swift rise in recent years, the dimension of the cell culture media market is expected to expand from $5.46 billion in 2024 to $6.18 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 13.3%. Factors such as escalating research and development activities, increasing occurrence of chronic illnesses, growth of the biopharmaceutical sector, backing of government initiatives and funding, and escalating demand for regenerative medicine and stem cell treatments are responsible for its growth during the historical period.

How fast Is the cell culture media market expected to grow, and what’s its future value?

The market for cell culture media is projected to experience a substantial increase in its size in the upcoming years, swelling to a significant $10.07 billion by 2029 with a compound annual growth rate (CAGR) of 13.0%. This impressive increase during the forecast period can be credited to various factors such as growing focus on personalized medicine, an expanding catalogue of biopharmaceutical products, the augmentation of stem cell research, increasing reliance on organ-on-a-chip technology for conducting drug tests and toxicity screening, improvement of healthcare infrastructure, soaring investments in life sciences research, and the extension of biopharmaceutical manufacturing capabilities. Major trends anticipated in the forecast period encompass technological enhancements in biotechnology, the initiation of cell and gene therapies, the implementation of organ-on-a-chip technology for performing drug tests and toxicity screening, the shift towards animal-free and chemically-defined cell culture media formulations, the amalgamation of cutting-edge cell culture systems, microfluidics, and bioreactor technologies.

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What are the leading drivers of growth in the cell culture media market?

The cell culture media market is anticipated to be driven by the escalating production of pharmaceutical drugs. The pharmaceutical drugs, also known as substances or medications, are utilized for the diagnosis, prevention, or treatment of illnesses in humans or animals. The rise in pharmaceutical drug production is linked to the growing incidence of chronic and infectious diseases and the expanding aging population. This in turn necessitates an increased demand for medication to manage conditions and illnesses related to aging. Cell culture media plays a critical role in providing the essential nutrients and environment for the growth and maintenance of cells that are used in drug manufacturing, ensuring ideal cell growth and the production of required therapeutic proteins or molecules. For instance, the European Federation of Pharmaceutical Industries and Associations (EFPIA), a Belgium-based European trade association that represents the pharmaceutical industry, reported in June 2023 that Europe’s total bio-pharmaceutical production accounted for $384,200 million (€340,000 million) in 2022, a rise of around 4.95% from $366,267 million (€323,950 million) in 2021. Hence, the increasing production of pharmaceutical drugs is boosting the expansion of the cell culture media market.

What are the key segments defining the cell culture media market?

The cell culture media market covered in this report is segmented –

1) By Type: Liquid Media, Semi-Solid And Solid Media

2) By Product: Serum Free Media, Classical Media, Stem Cell Culture Media, Specialty Media, Chemically Defined Media, Other Cell Culture Media

3) By Application: Biopharmaceutical Production, Diagnostics, Drug Screening And Development, Tissue Engineering And Regenerative Medicine, Other Applications

4) By End User: Biotechnology And Pharmaceutical Industry, Academic Institute, Research Laboratory, Other End Users

Subsegments:

1) By Liquid Media: Classical Media, Chemically Defined Media, Serum-Free Media, Specialty Media (Protein-Free, Low-Glucose Media)

2) By Semi-Solid And Solid Media: Semi-Solid Media (Agar-Based), Solid Media (Petri Dishes, Agar Plates For Colony Formation)

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Who are the key players steering the development of the cell culture media market?

Major companies operating in the cell culture media market are Thermo Fisher Scientific Inc., Danaher Corporation, Merck KGaA, Becton Dickinson and Company, Corning Incorporated, Lonza Group AG, Sartorius AG, CYTIVA Lifesciences, Bio-Rad Laboratories Inc., STEMCELL Technologies Inc., Miltenyi Biotec, Takara Bio, MP Biomedicals, FUJIFILM Irvine Scientific Inc., Promocell Inc., InSphero AG, PeproTech Inc., HiMedia Laboratories Pvt. Ltd., Elabscience Biotechnology Inc., Capricorn Scientific GmbH, CAISSON Laboratories Inc., Cell Biologics Inc., Nucleus Biologics LLC

What emerging trends are influencing the growth of the cell culture media market?

Leading businesses in the cell culture media market are concentrating their efforts on creating innovative cell culture media, such as chemically defined and animal-free formulas, in the pursuit of market superiority. These types of formulations are developed with the goal of enhancing cell growth and protein production, consequently advancing the scalability and efficiency of biopharmaceutical manufacturing systems. For example, Lonza Group Ltd., a healthcare company based in Switzerland, unveiled the TheraPRO CHO Media System in July 2023. This innovative cell culture platform is geared towards augmenting productivity and quality in the manufacture of therapeutic proteins. The newly introduced system is designed to maximize the production of therapeutic monoclonal antibodies and includes a chemically defined, animal-free, dual-stage production process, facilitating media preparation and ensuring scalability.

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Which regions are most influential in expanding the cell culture media market?

North America was the largest region in the cell culture media market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cell culture media market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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