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Global Serum Free Media Market: By Media Type: Protein Expression Media, Stem Cell Media, Hybridoma Media, Primary Cell Media, Insect Cell Media, Immunology Media, CHO Cell Culture, Others; By End Use; Regional Analysis; Historical Market and Forecast (2018-2028); Competitive Landscape; Industry Events and Developments

Global Serum Free Media Market Outlook

The global serum free media industry is expected to grow at a CAGR of 7% in the forecast period of 2023-2028.

 

Global Serum Free Media Market

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North America to lead the Global Serum Free Media Industry

North America is one of the most lucrative serum-free media markets with highest revenue share due to high production and consumption by bio pharmaceuticals in the region. Bio pharmaceutical industry is the key end-user of the market as it invests more in research and development than any other sectors. The industry of high R&D expenditure further focuses on the United States which helps in generating highest revenue through development of innovative bio pharmaceuticals. Increasing adaptation of bio pharmaceuticals for the treatment of various diseases for better therapeutic effect further drives the growth of serum free media market.

 

Europe and Asia Pacific to Witness Robust Growth in the Coming Years

Europe is the second most lucrative region in serum free media market thanks to high number of bio pharmaceutical manufacturing companies within the region. Rising spending on clinical trials and academic research using serum free media further expected to strengthen the serum free media market growth. Asia-Pacific serum free media market remains the fastest growing market because of emerging economies like China and India including increasing number of CMOs (contract manufacturing organizations) within the region.

 

Serum Free Media Definition and Segmentation

Serum free media (SFM) allows researchers to grow a selected cell type or perform a selected application within the absence of serum. Advantages of using serum free media include a more consistent performance, increased growth and productivity, better control over physiological responsiveness, and to reduce risk of contamination by serum-borne adventitious agents in cell culture.

 

Global Serum Free Media Market By End Use

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Based on media type, the industry can be divided as follows:

  • Protein Expression Media
  • Stem Cell Media
  • Hybridoma Media
  • Primary Cell Media
  • Insect Cell Media
  • Immunology Media
  • CHO Cell Culture
  • Chemically Defined
  • Others

The end-uses of the industry can be categorised as follows:

  • Biopharmaceutical Companies
  • Clinical Research Organisations
  • Academic Research Centres
  • Others

The regional markets can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

 

Global Serum Free Media Market By Region

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Rising Cases of Chronical Diseases Boosting the Global Serum Free Media Market

The global serum free media industry will show an upward growth trajectory owing to rise in the number of infections, increase in incidences of chronic diseases, and growth in the geriatric population. It is also worth observing here that a large number of people in the United States suffer from various chronic diseases. The growth of the healthcare sectors in the regions is also significantly contributing to the growth of the industry. All this is often resulting in a rise in demand for immunotherapy, aiding within the growth of serum free media market.

 

Key Industry Players in Global Serum Free Media

The report gives a detailed analysis of the following key players in the global serum free media market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Lonza Group Ltd.
  • Corning Incorporated
  • Nippon Genetics Co. Ltd.
  • MP Biomedicals LLC
  • Others

 

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Media Type, End Use, Region
Breakup by Media Type Protein Expression Media, Stem Cell Media, Hybridoma Media, Primary Cell Media, Insect Cell Media, Immunology Media, CHO Cell Culture, Chemically Defined, Others
Breakup by End Use Biopharmaceutical Companies, Clinical Research Organisations, Academic Research Centers, Others
Breakup by Region North America, Latin America, Europe, Middle East and Africa, Asia Pacific
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Lonza Group Ltd., Corning Incorporated, Nippon Genetics Co. Ltd., MP Biomedicals LLC, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Serum Free Media Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Serum Free Media Historical Market (2018-2022) 
    8.3    Global Serum Free Media Market Forecast (2023-2028)
    8.4    Global Serum Free Media Market by Media Type
        8.4.1    Protein Expression Media
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Stem Cell Media
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
        8.4.3    Hybridoma Media
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2018-2022)
            8.4.3.3    Forecast Trend (2023-2028)
        8.4.4    Primary Cell Media
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2018-2022)
            8.4.4.3    Forecast Trend (2023-2028)
        8.4.5    Insect Cell Media
            8.4.5.1    Market Share
            8.4.5.2    Historical Trend (2018-2022)
            8.4.5.3    Forecast Trend (2023-2028)
        8.4.6    Immunology Media
            8.4.6.1    Market Share
            8.4.6.2    Historical Trend (2018-2022)
            8.4.6.3    Forecast Trend (2023-2028)
        8.4.7    CHO Cell Culture
            8.4.7.1    Market Share
            8.4.7.2    Historical Trend (2018-2022)
            8.4.7.3    Forecast Trend (2023-2028)
        8.4.8    Chemically Defined
            8.4.8.1    Market Share
            8.4.8.2    Historical Trend (2018-2022)
            8.4.8.3    Forecast Trend (2023-2028)
        8.4.9    Others
    8.5    Global Serum Free Media Market by End Use
        8.5.1    Biopharmaceutical Companies
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Clinical Research Organisations
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
        8.5.3    Academic Research Centers
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2022)
            8.5.3.3    Forecast Trend (2023-2028)
        8.5.4    Others    
    8.6    Global Serum Free Media Market by Region
        8.6.1    North America
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2022) 
            8.6.1.3    Forecast Trend (2023-2028)
        8.6.2    Europe
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2022) 
            8.6.2.3    Forecast Trend (2023-2028)
        8.6.3    Asia Pacific
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2018-2022) 
            8.6.3.3    Forecast Trend (2023-2028)
        8.6.4    Latin America
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2018-2022) 
            8.6.4.3    Forecast Trend (2023-2028)
        8.6.5    Middle East and Africa
            8.6.5.1    Market Share
            8.6.5.2    Historical Trend (2018-2022) 
            8.6.5.3    Forecast Trend (2023-2028)
9    North America Serum Free Media Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2022) 
        9.1.3    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2022) 
        9.2.3    Forecast Trend (2023-2028)
10    Europe Serum Free Media Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2022) 
        10.1.3    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2022) 
        10.2.3    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2022) 
        10.3.3    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2022) 
        10.4.3    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Serum Free Media Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2022) 
        11.1.3    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2022) 
        11.2.3    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2022) 
        11.3.3    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2022) 
        11.4.3    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2022) 
        11.5.3    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America  Serum Free Media Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2022) 
        12.1.3    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2022) 
        12.2.3    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2022) 
        12.3.3    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Serum Free Media Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2022) 
        13.1.3    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2022) 
        13.2.3    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2022) 
        13.3.3    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2022) 
        13.4.3    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive  Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Lonza Group Ltd.
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Corning Incorporated
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Nippon Genetics Co. Ltd.
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    MP Biomedicals LLC
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5     Others
17    Key Trends and  Developments in the Market


List of Key Figures and Tables

1.    Global Serum Free Media Market: Key Industry Highlights, 2018 and 2028
2.    Global Serum Free Media Historical Market: Breakup by Media Type (USD Billion), 2018-2022
3.    Global Serum Free Media Market Forecast: Breakup by Media Type (USD Billion), 2023-2028
4.    Global Serum Free Media Historical Market: Breakup by End Use (USD Billion), 2018-2022
5.    Global Serum Free Media Market Forecast: Breakup by End Use (USD Billion), 2023-2028
6.    Global Serum Free Media Historical Market: Breakup by Region (USD Billion), 2018-2022
7.    Global Serum Free Media Market Forecast: Breakup by Region (USD Billion), 2023-2028
8.    North America Serum Free Media Historical Market: Breakup by Country (USD Billion), 2018-2022
9.    North America Serum Free Media Market Forecast: Breakup by Country (USD Billion), 2023-2028
10.    Europe Serum Free Media Historical Market: Breakup by Country (USD Billion), 2018-2022
11.    Europe Serum Free Media Market Forecast: Breakup by Country (USD Billion), 2023-2028
12.    Asia Pacific Serum Free Media Historical Market: Breakup by Country (USD Billion), 2018-2022
13.    Asia Pacific Serum Free Media Market Forecast: Breakup by Country (USD Billion), 2023-2028
14.    Latin America Serum Free Media Historical Market: Breakup by Country (USD Billion), 2018-2022
15.    Latin America Serum Free Media Market Forecast: Breakup by Country (USD Billion), 2023-2028
16.    Middle East and Africa Serum Free Media Historical Market: Breakup by Country (USD Billion), 2018-2022
17.    Middle East and Africa Serum Free Media Market Forecast: Breakup by Country (USD Billion), 2023-2028
18.    Global Serum Free Media Market Structure

Key Questions Answered in the Report

The global serum free media market is projected to grow at a CAGR of 7% between 2021 and 2026.

The industry is primarily being driven by thegrowth in the elderly population, growth of the healthcare sectors, rise in demand for immunotherapy, high research and development expenditures, rising spending on clinical trials and academic research, and an increasing number of CMOs (contract manufacturing organisations).

The key trends propelling the industry’s growth are the rise in the number of infections and increase in the incidences of chronic diseases.

The major regions in the industry are North America, Latin America, Europe, Middle East and Africa, and Asia Pacific.

Based on media type, the industry can be divided into protein expression media, stem cell media, hybridoma media, primary cell media, insect cell media, immunology media, CHO cell culture, and chemically defined, among others.

The end-uses are biopharmaceutical companies, clinical research organisations, and academic research centres, among others.

The major players in the industry are Lonza Group Ltd., Corning Incorporated, Nippon Genetics Co. Ltd., and MP Biomedicals LLC, among others.

Analyst Review

The global serum free media market is driven by the rise in the number of infections. . Aided by the expansion of the healthcare sectors and increase in the incidences of chronic diseases, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 7%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its media types, the global serum free media industry can be segmented into protein expression media, stem cell media, hybridoma media, primary cell media, insect cell media, immunology media, CHO cell culture, and chemically defined, among others. By end-use, the industry can be divided into biopharmaceutical companies, clinical research organisations, and academic research centers, among others. The major regional markets for the global serum free media industry are North America, Latin America, Europe, Middle East and Africa, and Asia Pacific. The key players in the above market include Lonza Group Ltd., Corning Incorporated, Nippon Genetics Co. Ltd., and MP Biomedicals LLC, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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