Global Stem Cell Media Market is Estimated to Value Over USD 10 Billion by 2029 End

  • 14 Aug 2019

Global Stem Cell Media Market is estimated to value over USD 10 billion by 2029 end and register a CAGR of over 8% during the forecast period 2019 to 2029.

Massive investments and fund provisions for research and development in life sciences shall determine to be the key factor driving the growth of stem cell media market. Additionally, the development of biosimilar industry majorly contributes to the market growth. Moreover, high demand for culture media and technological advancements related to cell culture shall boost the market further. Furthermore, increasing research in regenerative medicine for disease treatment is bolstering the market.

However, ethical and scientific constraints regarding the use of products derived from animals in cell culture media and lack of skilled labour can impede market growth. Nonetheless, emerging markets like China and India shall provide profitable opportunities for market players to expand their business operations.

Based on the type of cell media, the market is bifurcated into pluripotent stem cell culture, mesenchymal stem cell culture and hematopoietic stem cell culture. Application-wise, the market id fragmented into industrial production and scientific research. Geographically, the market is categorised as North America, Asia Pacific, Europe, Latin America and Middle East & Africa.

Key market players include STEMCELL Technologies, Thermo Fisher, Merck Millipore, GE Healthcare, Lonza, Corning, Miltenyi Biotec, CellGenix, ProoCell and Takara.

 

Global Stem Cell Media Market Segmentation:

By Type

·     Pluripotent Stem Cell Culture

·     Hematopoietic Stem Cell Culture

·     Mesenchymal Stem Cell Culture

 

By Application

·     Scientific Research

·     Industrial Production

 

By Region

·     North America

·     Europe

·     Asia Pacific

·     Latin America

·     Middle East & Africa

 

Competitive Landscape:

·     Tier 1 players- established companies in the market with a major market share 

·     Tier 2 players 

·     Emerging players which are growing rapidly

·     New Entrants

 

FutureWise Key Takeaways:

·     Growth prospects

·      SWOT analysis

·      Key trends

·      Key data-points affecting market growth

 

 Objectives of the Study:

 ·     To provide with an exhaustive analysis on the stem cell media market by type, by application and by region

·     To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)

·     To evaluate and forecast micro-markets and the overall market

·     To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific, Latin America and Middle East & Africa

·     To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions

 

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