Global Gene Therapy Cell Culture Media Market Size By Media Type(Serum-containing Media, Serum-free Media), By End User(Biotechnology & Pharmaceutical Industry, Academic Institute), By Geographic Scope And Forecast
Global Gene Therapy Cell Culture Media Market Size By Media Type(Serum-containing Media, Serum-free Media), By End User(Biotechnology & Pharmaceutical Industry, Academic Institute), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Global Gene Therapy Cell Culture Media Market Size By Media Type(Serum-containing Media, Serum-free Media), By End User(Biotechnology & Pharmaceutical Industry, Academic Institute), By Geographic Scope And Forecast
Gene Therapy Cell Culture Media Market Size And Forecast
Gene Therapy Cell Culture Media Market size was valued at USD 191.51 Million in 2024 and is projected to reach USD 375.84 Million by 2031, growing at a CAGR of 9.70% during the forecast period 2024-2031.
The major factors that contribute toward the expansion of the Gene Therapy Cell Culture Media Market include a rise in R&D investments and growth in awareness regarding gene therapy. Furthermore, factors like an increase in government support, ethical acceptance of gene therapy for cancer treatment, and a rise in the prevalence of cancer fuel the expansion of the market. The Global Gene Therapy Cell Culture Media Market report provides a holistic evaluation of the market through a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that play a substantial role in the market.
Global Gene Therapy Cell Culture Media Market Definition
Gene therapies are treatments applied to a broad range of diseases. They radically treat the explanation for the diseases rather than only relieving the symptoms. Furthermore, they’ll be effective on a good range of previously untreated diseases, like hematological, ocular, neurodegenerative diseases, and several other cancers. Gene therapy cell culture media consists of important nutrients that provide ample energy to manage a healthy cell cycle.
Moreover, it contains animal-derived nutrients, bovine serum, and growth factors like EGF, FGF, IGF, and PDGF. Different culture media are available within the marketplace for various cell cultures to survive and grow in their incubation environment. The Market is growing considerably within the near future, owing to various factors like an surging investments and funding for R&D and innovation in life sciences, especially biopharmaceutical products.
What's inside a industry report?
Our reports include actionable data and forward-looking analysis that help you craft pitches, create business plans, build presentations and write proposals.
Global Gene Therapy Cell Culture Media Market Overview
Rise in R&D investments, surge in awareness regarding gene therapy, advancements associated with gene therapy, and increase in the prevalence of cancer drive the expansion of the worldwide Gene Therapy Cell Culture Media Market. However, scarcity of skilled professionals, high costs associated with gene therapies, and ethical & scientific concerns regarding culture media hinder the market growth. On the opposite hand, the untapped potential of the emerging countries presents new opportunities within the coming years.
There has been increasing in demand for media like improved protein-free media for the growth and development of viral vectors during the pandemic. The demand for gene and cell therapy for the development of the Covid-19 vaccine has been increased in clinical trials as many gene therapy companies perceive this as a chance to seek out a vaccine.
Growing research and development activities worldwide are prime factors for the expansion of the Gene Therapy Cell Culture Media Market. Various pharmaceutical and biotechnology companies are heavily investing in the research & development of gene therapy. for example, ‘Asklepios BioPharmaceutical Inc.’ invested USD 235 million in research & development to expand its clinical trials of gene therapy in April 2019. Similarly, ‘Pfizer’ announced an investment of USD 500 million for the development of a gene-therapy manufacturing & research center in Sanford, North Carolina in August 2019. However, high costs related to the treatment and unwanted immune responses are expected to hamper the Gene Therapy Cell Culture Media Market growth.
Global Gene Therapy Cell Culture Media Market Segmentation Analysis
The Global Gene Therapy Cell Culture Media Market is Segmented on the basis of Media Type, End User, And Geography.
By Media Type
Serum-containing Media
Serum-free Media
Stem Cell Media
Specialty Media
Chemically Defined Media
Others
Based on Media Type, the market is segmented into serum containing media, serum free media, stem cell media, specialty media, chemically defined media, and other. on the basis of media type, the chemical defined media is the major revenue contributor, and is projected to grow significantly during the forecast period. This is attributed to the repeated purchase of consumables and increased funding for cell-based research. s. In addition, the viral vectors are divided into retroviruses, lentiviruses, adenoviruses, adeno associated virus, herpes simplex virus, poxvirus, vaccinia virus, and others.
By End User
Biotechnology & Pharmaceutical Industry
Academic Institute
Research Laboratory
Others
Based on End User, the market is segmented into biotechnology & pharmaceutical industry, academic institute, research laboratory, and others. Pharmaceutical & Biotechnology industry segment is the major shareholder in the Gene Therapy Cell Culture Media Market, owing to expansion of major pharmaceutical companies, increase in government support and ethical acceptance of gene therapy for cancer treatment.
By Geography
North America
Europe
Asia Pacific
Rest of the world
Asia-Pacific presents lucrative opportunities for key players operating in the Gene Therapy Cell Culture Media Market, owing to awareness regarding gene therapy for cancer treatment, and rise in prevalence of cancer. The other factors that boost the growth of the market include surge in research funding in the region. Furthermore, focus of leading manufacturers on expanding their geographical presence in emerging Asia-Pacific countries to capture high market share is expected to drive the growth of the cell culture market in the region.
Key Players
The major players in the market are Fujifilm Holdings Corporation, HiMedia Laboratories Pvt., Ltd, Lonza Group Ltd, Sartorius AG, Thermo Fisher Scientific Inc., Merck KGaA, Danaher Corporation, Takara Holdings Inc., Novartis International AG, and Bio-Techne Corporation.
The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope
Research Methodology of Market Research
To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .
Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
Customization of the Report
• In case of any please connect with our sales team, who will ensure that your requirements are met.
Table of Content
To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )
List Tables Figures
To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )
For a single, multi and corporate client license, the report will be available in PDF format.
Sample report would be given you in excel format. For more questions please contact:
Sample Report for Global Gene Therapy Cell Culture Media Market Size By Media Type(Serum-containing Media, Serum-free Media), By End User(Biotechnology & Pharmaceutical Industry, Academic Institute), By Geographic Scope And Forecast
