Press release
Serum Free Media Market 2024 - Size, Trends, Opportunities, and Forecasting until 2033
Serum Free Media Market
The serum free media market size is expected to see rapid growth in the next few years. It will grow to $2.49 billion in 2028 at a compound annual growth rate (CAGR) of 11.1%. The growth in the forecast period can be attributed to bioprocessing expansion, cell therapy advancements, regulatory support, stem cell research, demand for vaccine production. Major trends in the forecast period include technological innovations, animal component-free solutions, customized media formulations, microcarrier culture systems, continuous bioprocessing.
Market Overview -
Serum-free media is a type of cell culture media that allows cells to be cultured without animal sera. Serum-free media is used in cell culture to reduce the risk of contamination and to provide better control over the physiological responsiveness of the cells.
Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=12588&type=smp
Serum-Free Media'S Vital Role In Chronic Disease Research
The increasing prevalence of chronic diseases is expected to propel the growth of the serum-free media market going forward. Chronic diseases last for a year or longer and necessitate continuing medical care, restricting everyday activities, or both. Serum-free media allows researchers to optimize the media for the specific cell type used and to ensure that the cells grow under optimal conditions. Further, Researchers use serum-free media to produce cell types or perform specific applications without serum, which helps develop new therapies and treatments for chronic diseases. For instance, in January 2023, according to the National Center for Biotechnology Information (NCBI), a US-based National Library of Medicine, it was projected that by the year 2050, the number of individuals aged 50 years and older who have at least one chronic illness will surge by 99.5%, rising from 71.522 million in 2020 to 142.66 million. Therefore, the increasing prevalence of chronic diseases is driving the growth of the serum-free media market.
Competitive Landscape -
Major companies operating in the serum free media market report are Thermo Fisher Scientific Inc., Danaher Corp., Merck KgaA, FUJIFILM Irvine Scientific Inc., GE HealthCare Technologies Inc., Corning Inc., Lonza Group AG, Illumina Inc., Cytiva, Sigma-Aldrich, Bio-Techne Corporation, Serumwerk Bernburg AG, STEMCELL Technologies Inc., MP Bio medicals LLC, Gemcell Electrical Group., InVitria Inc., Takara Bio Inc., HiMedia Laboratories Pvt. Ltd., PAA Laboratories GmbH, PromoCell GmbH, Cellgenix Gmbh, Biochrom AG, Biological Industries, Pan Biotech GmbH, Biowest SAS, Bovogen Biologicals Pty Ltd, Athena Environmental Sciences Inc., Cell Culture Technologies LLC., BioSpherix Ltd., ZenBio Inc.
Product Evolution Steers The Serum-Free Media Market
Product innovation has emerged as a key trend gaining popularity in the serum-free media market. Major companies operating in the serum-free media market are concentrating on creating innovative products to strengthen their position in the market. For instance, in March 2021, Thermo Fisher Scientific Inc., a US-based medical equipment provider, launched Gibco CTS OpTmizer Pro Serum-Free Media (SFM). It is a first-of-its-kind media solution targeting the metabolism of healthy donor cells, making it the ideal choice for developing allogeneic, over-the-counter cell treatments. Using allogeneic processes, Gibco CTS OpTmizer Pro generates and multiplies human T lymphocytes (T-cells) for cell therapy developers.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/serum-free-media-global-market-report
Key Segments -
The serum free media market covered in this report is segmented -
1) By Media Type: Chinese Hamster Ov*ary (CHO) Cell Media, Protein Expression Media, Immunology Media, Insect Cell Media, Hybridoma Media, Stem Cell Media, Chemically Defined Media
2) By Application: Biopharmaceutical Production, Tissue Engineering And Regenerative Medicine
3) By End-User: Biopharmaceutical Companies, Clinical Research Organizations, Academic Research Centers, Other End-Users
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Serum Free Media Market 2024 - Size, Trends, Opportunities, and Forecasting until 2033 here
News-ID: 3474126 • Views: …
More Releases from The Business research company
2024 3D Laser Scanner Market Report : Market Size, Growth Drivers, And Key Trend …
"The 3D laser scanner market size has grown rapidly in recent years. It will grow from $1.49 billion in 2023 to $1.64 billion in 2024 at a compound annual growth rate (CAGR) of 10.3%. The growth in the historic period can be attributed to increasing automation, preservation of cultural heritage, demand for reverse engineering, increased focus on safety, rising adoption in surveying and mapping, increasing demand for 3D modeling.
The…
Satellite Communication (SATCOM) Equipment Global Market Analysis, Trends, Growt …
The satellite communication (satcom) equipment market size has grown rapidly in recent years. It will grow from $37.96 billion in 2023 to $42.92 billion in 2024 at a compound annual growth rate (CAGR) of 13.1%. The growth in the historic period can be attributed to expansion of satellite-based broadcasting, growth in military and defense satellite communication, increased demand for broadband connectivity, growth in remote sensing and earth observation,…
Single-cell Analysis Global Market Analysis, Trends, Growth, Research And Foreca …
The single-cell analysis market size has grown rapidly in recent years. It will grow from $3.14 billion in 2023 to $3.53 billion in 2024 at a compound annual growth rate (CAGR) of 12.4%. The growth in the historic period can be attributed to rising research in genomics, increased funding, biopharmaceutical r&d.
The single-cell analysis market size is expected to see rapid growth in the next few years. It will…
Reef Aquarium Market 2024 Report By Key Companies, Regional Analysis And Forecas …
The reef aquarium market size has grown strongly in recent years. It will grow from $4.68 billion in 2023 to $5.12 billion in 2024 at a compound annual growth rate (CAGR) of 9.4%. The growth in the historic period can be attributed to increased interest in marine hobby, rise of online communities, conservation awareness, growing awareness of health benefits of aquariums, increased popularity of aquariums as a part…
More Releases for Media
Medical Media Market Is Booming Worldwide | Nucleus, Medical Media Digital, Inno …
Medical Media Market: The extensive research on Medical Media Market, by Qurate Research is a clear representation on all the essential factors that are expected to drive the market considerably. Thorough study on Medical Media Market helps the buyers of the report, customers, the stakeholders, business owners, and stockholders to understand the market in detail. The updated research report comprises key information on the market, such as market rate, estimated…
Medical Media Market Analysis, Size, Share, Current Scenario And Future Prospect …
Global Medical Media Market Report provides a detailed Medical Media Industry overview along with the analysis of Cost Structure, Supply Chain, Development Management Techniques, Retailers Analysis, Financial Support, business Strategies, and Marketing Channels. Global Medical Media Market research report provides a point-by-point In-Depth analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, the impact of domestic and global market players,…
Elevator Media Market to Witness Impressive Growth During 2022-2028 | Focus Medi …
Elevator Media Market provides strategy of mergers and executions to enhance their Market share and product assortment. The main goal of Global Elevator Media Market report is to provide a clear picture and a better understanding of the market. Additionally, it also covers the overall market situation along with future lookout around the world. The report evaluated key market features, including revenue, capacity, capacity utilization rate, price, production, production rate,…
SmartWork Media Acquires ST Media Group Intl.
MONTCLAIR, NJ (September 15th, 2020) – SmartWork Media (www.smartworkmedia.com) has acquired all B2B titles, events, and digital media products of ST Media Group International (www.stmediagroupintl.com). The acquisition of titles is a strategic initiative to integrate the intellectual property of both organizations to create a more dynamic media company that is well positioned to meet the evolving needs of marketers in each respective industry.
“SmartWork Media has a stable of powerful award-winning…
Cytogenetics Media Market, Cytogenetics Media Market Analysis, Cytogenetics Medi …
The global Cytogenetics Media market is broadly and deeply studied in the report with key focus on the competitive landscape, regional growth, market segmentation, and market dynamics. We have used latest primary and secondary research techniques for compiling this comprehensive research study. The report offers Porter’s Five Forces analysis, PESTLE analysis, competitive analysis, manufacturing cost analysis, revenue and production analysis, and various other types of analysis to provide a complete…
Culture, Media Uses, and Media Effects - Conference, 2017
As part of the Young Scholars Network on "Culture, Media Uses, and
Media Effects" (C-Muse), 18 international scholars from the USA, South
Korea, Turkey, Belgium, Switzerland, Croatia, The Netherlands, The
Philippines, and Germany convened at the historical mansion of Touro
College Berlin on June 15 and 16, 2017.
C-Muse is headed by Touro psychology professor Prof. Dr. Özen Odag and funded by the German Research Foundation. Main aim of the first C-Muse meeting was…
