Tissue culture reagent market is anticipated to grow at a CAGR of 8% during the forecast period. Tissue or cell culture is the growth of cells in a variety of organisms. Tissue culture reagents are chemicals used in the preparation of tissue culture media. They are a major part of the cell culture supply. The major factors accelerating the growth of the market include the development of new cell culture media by major players operating in the market and increased emphasis on individualized treatment. Developing cell culture methods for cell-based vaccines, rising demand for monoclonal antibodies, and rapid growth in stem cell research owing to high investment by market players flourishing the market growth. Several pharmaceutical and biotechnology companies have enhanced their R&D efforts to develop vaccinations and treatments to combat the virus.
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Moreover, the development of 3D cell culture techniques and the high adoption of such techniques in biopharmaceutical development and vaccine production are expected to create significant scope for market growth. Further, an increase in the number of cancer research projects and associated funding by the government in cancer R&D and enhanced applications of gene therapies are some factors expected to drive the demand during the forecast period. In January 2022, Thermo Fisher Scientific Inc. acquired PeproTech, Inc., for a total cash purchase price of approximately $1.85 billion. PeproTech is a privately held provider of bioscience reagents known as recombinant proteins, including cytokines and growth factors. Recombinant proteins are used in the development and manufacturing of cell and gene therapies and cell culture applications. The acquisition enabled the company to even better serve its pharma and biotech customers by adding new capabilities to their existing offerings.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Tissue Culture Reagent Market by Type
- Lysogeny Broth
- Chemically Defined Media
- Classical Media
- Serum-Free Media
- Specialty Media
- Stem Cell Media
- Custom Media Formulation
- Others
Global Tissue Culture Reagent Market by Application
- Cancer Research
- Biopharmaceuticals
- Regenerative Medicine & Tissue Engineering
- Stem Cell Technologies
- Drug Discovery
- Others
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- Middle East & Africa
Company Profiles
- AMRESCO Inc.
- Avantor, Inc.
- Becton Dickinson and Co.
- Bio-Rad Laboratories, Inc.
- Corning Inc.
- Danaher Corp
- Eppendorf AG
- Fujifilm Holdings Corp.
- GE Healthcare
- Life Technologies Corp
- Lonza Group AG
- Merck KGaA
- PromoCell GmbH
- Sartorius AG
- Thermo Fisher Scientific, Inc.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global tissue culture reagent market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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