Rising demand of 3D cell culture, increasing prevalence of influenza and growing development in technology for production of vaccine is anticipated to drive the Mammalian Cell Culture Medium Market during the forecast period 2021-2026. 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.
The Mammalian Cell Culture Medium Market growth rate is attributed to the increasing demand of 3D cell culture, increasing prevalence of influenza and growing development in technology for production of vaccine is anticipated to bring new opportunities. 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 needed 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. 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.
North America dominated the Mammalian Cell Culture Medium Market with major share of 40% in 2020. This is owing to to 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.
Also, in 2020 on the basis of 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 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.
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Mammalian Cell Culture Medium Market Growth 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.
Chemovator GmbH launched a new product BIOFLOAT that are used for consumables in cell culture and are increasing the growth of this market.
The Major Players in this Market Include
The major companies in the Mammalian Cell Culture Medium market include, 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. The launch of new market companies, adequate funding, and government-aided policies help in the development of cell culture based products. The continuous developments in the Mammalian Cell Culture Medium Market such as advanced technologies, increasing funding amount of startups and research organizations, and surge in the number of product are the major factors set to drive the Mammalian Cell Culture Medium Market during the forecast period 2021-2026.
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