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Serum-free Media Market Size

  • Report ID: GMI6488
  • Published Date: Aug 2023
  • Report Format: PDF

Serum-free Media Market Size

Serum-Free Media Market size accounted for USD 1.6 billion in 2022 and is estimated to grow at 11.1% to reach USD 4.8 billion by 2032. Increasing demand for recombinant protein products and rising stem cell research and biopharmaceutical production are driving demand serum-free media solutions. Serum-free media provide a well-defined environment for cell growth, reducing variability and ensuring consistent product quality in biopharmaceutical production.

 

Serum-free media are specialized formulations used in cell culture that do not contain serum-derived components. These media provide essential nutrients, development factors, and other elements necessary for cell growth and proliferation without relying on serum. This media offers controlled and defined environment for cells to flourish, making them particularly imperative in applications such as biopharmaceutical production, stem cell research, and regenerative medicine.

 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The serum-free media industry accounted for USD 1.6 billion in 2022 and is estimated to grow at over 11% CAGR through 2032, backed by the increasing demand for recombinant protein products and rising stem cell research.

CHO cell culture accounted for 30.9% of the market share in 2022 and is projected to witness robust growth in coming years as CHO media offers a controlled and consistent environment for CHO cell cultivation and offers significant benefits for biopharmaceutical production.

North America market accounted for 40.4% revenue share in 2022 and is anticipated to grow at considerably through 2032, owing to the growing demand for biopharmaceutical products and rising prevalence of chronic disease.

Thermo Fisher Scientific Inc., Merck KGaA, FUJIFILM Irvine Scientific, Inc., Lonza Group among others.

Serum-free Media Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 10
  • Tables & Figures: 209
  • Countries covered: 18
  • Pages: 150
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