Cell Culture Media Market Size Worth USD 10.3 billion by 2026 | CAGR: 16.0%: MarketsandMarkets™

Cell Culture Media Market by Type (Serum-free (CHO, BHK, Vero Cell), Stem Cell, Chemically Defined, Classical, Specialty) - Global Forecast to 2026

The Global Cell Culture Media Market is projected to USD 10.3 billion by 2026 from USD 4.9 billion in 2021, at a CAGR of 16.0 % between 2021 and 2026. The growth of this market is majorly driven by the rising RD spending in pharmaceutical companies, emerging cell culture technologies for cell-based vaccines, increasing demand for monoclonal antibodies, growth in stem cell research, the launch of new cell culture media by market players, and the growing focus on personalized medicine. On the other hand, expensive cell biology research products and ethical concerns regarding cell biology research are expected to hinder the growth of this market.

Key Market Players:

Thermo Fisher Scientific, Inc. (US), Merck KGaA (Germany), Danaher Corporation (US), Sartorius AG (Germany), Corning Incorporated (US), FUJIFILM Irvine Scientific, Inc. (Japan), Lonza Group AG (Switzerland), Becton, Dickinson and Company (US), Miltenyi Biotec (Germany), HiMedia Laboratories Pvt. Ltd. (India), STEMCELL Technologies Inc. (Canada), Biologos LLC (US), Cell Applications, Inc. (US)

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The global cell culture media market is expected to grow at a CAGR of 16.0% during the forecast period. The growth of this market is majorly driven by the rising RD spending in pharmaceutical companies, emerging cell culture technologies for cell-based vaccines, increasing demand for monoclonal antibodies, growth in stem cell research, the launch of new cell culture media by market players, and the growing focus on personalized medicine. On the other hand, expensive cell biology research products and ethical concerns regarding cell biology research are expected to hinder the growth of this market.

The serum-free media segment accounted for the largest share of the type segment in the cell culture media market in 2020.

Based on type, the cell culture media market is segmented into serum-free media, classical media salts, stem cell culture media, specialty media, chemically defined media, and other cell culture media. In 2020, the serum-free media segment accounted for the largest share of the market. This can be attributed to the advantages of serum-free media over other types of media, including consistent performance, increased growth productivity, better control over physiological responsiveness, and reduced risk of contamination by serum-borne adventitious agents in cell culture.

The biopharmaceutical production segment accounted for the largest share of the application segment in the cell culture media industry in 2020.

Based on application, the cell culture media market is categorized into biopharmaceutical production, diagnostics, drug discovery development, tissue engineering regenerative medicine, and other applications. The biopharmaceutical production segment is further divided into monoclonal antibody production, vaccine production, and other therapeutic protein production. The tissue engineering regenerative medicine segment is further divided into cell gene therapy and other tissue engineering regenerative medicine applications. The biopharmaceutical production segment is estimated to grow at the highest CAGR of 17.5% during the forecast period. The high growth of this segment is attributed to the commercial expansion of major pharmaceutical and biotechnology companies, the increasing demand for mAbs, and the growing regulatory approvals for the production of cell culture-based vaccines.

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The Asia Pacific region is the fastest-growing region of the cell culture media industry in 2020.

Based on the region, the global cell culture media market has been segmented into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The Asia Pacific market is estimated to register the highest CAGR during the forecast period. The growing geriatric population, favorable regulatory guidelines, government support for cell culture-based vaccine production, low manufacturing costs, and the growing focus of global market players on emerging Asian economies are the major factors contributing to the growth of the cell culture media market in the Asia Pacific.

Recent Developments:

  • In September 2021, Particle Measuring Systems launched Lasair Pro Airborne Particle Counter that supports various applications, including clean area monitoring (portable and remote) and classification
  • In May 2021, Particle Measuring Systems launched IsoAir Pro-Plus Remote Particle Counter for high-tech and pharma manufacturing
  • In October 2020, Particle Measuring Systems launched IsoAir Pro-E Remote Particle Counter with built-in vacuum, to streamline cleanroom monitoring.
  • In July 2020, Danaher Corporation launched MET ONE 3400+portable air particle counter to help simplify cleanroom monitoring for FDA GMP compliance.
  • In February 2020, Spectris partnered with Agronaut Manufacturing System to create control contamination solutions.
  • In June 2019, TSI launched the AeroTrak+ Remote Airborne Particle Counters for monitoring manufacturing cleanrooms.

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