Lucintel Forecasts the Global Serum Free Media Market is expected to grow with a CAGR of 11.0% from 2024 to 2030
According to a market report by Lucintel, the future of the global serum free media global market looks promising with opportunities in the pharmaceutical & biotechnology company and research & academic institute markets. The global serum free media global market is expected to grow with a CAGR of 11.0% from 2024 to 2030. The major drivers for this market are increasing demand for vaccines and monoclonal antibodies, growing focus on personalized medicine, and increased investment in stem cell research.
A more than 150 – page report is developed to understand Trends, opportunity and forecast in serum free media market to 2030 by type (liquid media and semi-solid & solid media), application (biopharmaceutical production, tissue engineering & regenerative medicine, and others), end use (pharmaceutical & biotechnology companies, research & academic institutes, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
In this market, liquid media and semi-solid & solid media are the major segments of serum free media market by type. Lucintel forecasts that liquid media will remain the larger segment over the forecast period due to the increasing number of biosimilar and biologics manufacturers combined with the growing desire for liquid media over pre-mixed powders.
Within this market, biopharmaceutical & pharmaceutical company will remain the largest segment due to the introduction of novel therapies along with generics or biosimilars.
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North America will remain the largest region over the forecast period due to the existence of a strong R&D infrastructure and a supportive regulatory environment in the region.
Thermo Fisher Scientific, Sartorius, Merck, Lonza, Danaher, FUJIFILM, MP Bio Medicals, Corning, PAN-Biotech, and R&D Systems are the major suppliers in the serum free media market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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