Cell Culture Media and Reagents Market by End-user and Geography - Forecast and Analysis 2021-2025

  • Published: Jul 2021
  • Pages: 120
  • SKU: IRTNTR44806
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The cell culture media and reagents market value is projected to grow by USD 2.26 billion at a CAGR of 7.03% during 2021-2025.

This cell culture media and reagents market analysis report entails exhaustive statistical qualitative and quantitative data on end-user (pharmaceutical and biotechnology industry, academic institutions and research laboratories, and others) and geography (North America, Asia, Europe, and ROW) and their contribution to the target market. View our sample report to gather market insights on the segmentations. Furthermore, with the latest key findings on the post COVID-19 impact on the market, available in this report, you can create successful business strategies to generate new sales opportunities.

What will the Cell Culture Media and Reagents Market Size be in 2021?

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Cell Culture Media and Reagents Market: Key Drivers and Trends

According to our research output, there has been a neutral impact on the market growth post COVID-19 era. Key drivers such as the advancements in life science industry are notably supporting the cell culture media and reagents market growth. However, one of the foremost factors impeding market growth is the lack of skilled personnel. Get detailed insights on the trends and challenges to stay prepared for the obstacles in the future, which will help companies analyze and develop growth strategies.

This cell culture media and reagents market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Cell Culture Media and Reagents Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Becton, Dickinson and Co.
  • Corning Inc.
  • FUJIFILM Holdings Corp.
  • InvivoGen
  • Lonza Group Ltd.
  • Merck KGaA
  • Miltenyi Biotec B.V. and Co. KG
  • PromoCell GmbH
  • Sartorius AG
  • Thermo Fisher Scientific Inc.

 

The cell culture media and reagents market analysis report contains exhaustive actionable insights on the organic and inorganic growth strategies deployed by the vendors. The cell culture media and reagents market is concentrated and is expected to provide a favorable growth environment to new and existing players in the coming years. Click here to uncover details of successful business strategies adopted by the vendors.

Furthermore, to make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Buy the full cell culture media and reagents market statistics report to understand the magnitude of the economic impact on each segment and recovery expectations.

Download a free sample of the cell culture media and reagents market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Which are the Key Regions for Cell Culture Media and Reagents Market?

Cell-Culture-Media-And-Reagents-Market-Market-Share-by-Region-2020-2025

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37% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for cell culture media and reagents market in North America.

North America has been recording a significant growth rate and is expected to offer several business opportunities to market vendors during the forecast period. One of the key factors driving the growth in North America is the rise in prevalence of chronic and infectious diseases. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating End-user Segments in the Cell Culture Media and Reagents Market?

Cell-Culture-Media-And-Reagents-Market-Market-Share-by-End-2020-2025

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The cell culture media and reagents market report provides a comprehensive understanding of the subsets of our target market to earmark niche customer groups and simplify demographic requirements. In addition, the report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency. The cell culture media and reagents market share growth by the pharmaceutical and biotechnology industry segment has been significant and is expected to provide significant growth opportunities to market vendors.

This report provides an accurate prediction of the contribution of all the segments to the growth of the cell culture media and reagents market size. Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment.

 

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What are the Key Factors Covered in this Cell Culture Media and Reagents Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive cell culture media and reagents market growth during the next five years
  • Precise estimation of the cell culture media and reagents market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the cell culture media and reagents market across North America, Asia, Europe, and ROW 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of cell culture media and reagents market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The cell culture media and reagents market growth will increase by $2000.55 million during 2019-2024.
The cell culture media and reagents market is expected to grow at a CAGR of 6.92% during 2019-2024.
Technavio has segmented the cell culture media and reagents market by end user (Pharmaceutical and biotechnology industry, Academic institutions and research laboratories, and Others) and geographic (North America, Europe, Asia, and ROW).
Becton, Dickinson and Co., Bio-Techne Corp., Corning Inc., Cytiva, Fluidigm Corp., LGC Ltd., Lonza Group Ltd., Merck KGaA, Sartorius AG, Thermo Fisher Scientific Inc. are a few of the key vendors in the cell culture media and reagents market.
North America will register the highest growth rate of 29.17% among the other regions. Therefore, the cell culture media and reagents market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the cell culture media and reagents market growth are:
  • Advancements in life science industry
  • Shift to serum-free cell culture media from serum-based media
The cell culture media and reagents market vendors should focus on grabbing business opportunities from the pharmaceutical and biotechnology industry segment as it accounted for the largest market share in the base year.
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