Albany, New York, December 19, 2018: Given the surge in the number of biologics used for the treatment of different diseases, the production of biopharmaceuticals has increased which in turn has shored up the serum-free media market. Serum-free media provides better cell culture growth vis-à-vis serum containing media. The latter affects the final output quantitatively and qualitatively, thereby biopharmaceutical companies prefer serum-free media.
Serum-free media assists in reducing downstream process which is considered as a bottle neck for biopharmaceutical companies. These assimilations are according to the report titled, “Global Market Study on Serum-Free Media: Chinese Hamster Ovary Cell Culture to Remain Dominant Media Type Through 2026,” which has been recently added to the repository of Market Research Report Search Engine (MRRSE).
CHO cell culture media reigns the serum-free media market which could be attributed to the increase in adoption for cell culture growth by biopharmaceuticals companies. CHO cells are used for the industrial production of recombinant therapeutics in the mammalian hosts. On the basis of market share, serum-free media market is estimated to register a CAGR of 7.3% during the assessment period 2018-2026.
Serum-Free Media Market: Report Content
The report offers an exhaustive analysis on the drivers, restraints, opportunities and trends of serum-free media market. The report provides segmentation of the market on the basis of media type, end user and region. On the basis of media type, the market is segregated into hybridoma media, protein expression media, insect cell media, primary cell media, immunology media, stem cell media, chemically defined media and Chinese hamster cell (CHO) culture media. With regards to end users, the market is segmented into clinical research organizations, biopharmaceutical companies and academic research centers. Regionally, the market includes North America, Latin America, Europe, APAC and MEA.
The report incorporates market introduction along with macro-economic factors and opportunity analysis. Further, the report delves into value chain analysis, forecast factors and cost structure. The report does the assessment of the players in the market on the basis of SWOT analysis. The report also consists of ongoing trends of industry and supply chain analysis. The competitive analysis of the serum-free media market includes exhaustive assessment of the manufacturers on the basis of product offering, revenue and major strategies. Some of the prominent players in the market are Merck kGaA, Lonza, Thermo Fisher Scientific Inc., GE Healthcare, Irvine Scientific, Corning Incorporated and STEMCELL Technologies Inc. to name a few.
Serum-Free Media Market: Research Methodology
The report incorporates a robust research methodology comprising of secondary research and primary research. Secondary research includes Factiva and Hoovers, publications and annual reports. The primary research consists of surveys and assessment of the seasoned analysts and interviews.
Forecasting has been done using industry-based demand driving factors and internal proprietary model using macro-economic factors. In order to estimate the market size for plant-based meat consuming countries, weighted average selling price was considered. Moreover, data based on demand side, supply side and dynamics of the market has been triangulated. The report has been prepared on the basis of absolute dollar opportunity analysis and Y-o-Y projections.
Browse Full Global Serum-Free Media Market Report with TOC : https://www.mrrse.com/serum-free-media-market
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