Tissue Culture Reagent Market
Tissue Culture Reagent Market Size, Share, and Trends Analysis Report, By Type (Lysogeny Broth, Chemically Defined Media, Classical Media, Serum-Free Media, Specialty Media, Stem Cell Media, Custom Media Formulation, and Others), By Application (Cancer Research, Biopharmaceuticals, Regenerative Medicine & Tissue Engineering, Stem Cell Technologies, Drug Discovery, and Others), Forecast (2022-2028)
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.
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.
Segmental Outlook
The global tissue culture reagent market is segmented based on type and application. Based on type, the market is segmented into lysogeny broth, chemically defined media, classical media, serum-free media, specialty media, stem cell media, custom media formulation, and others. The lysogeny broth segment is expected to capture a large segment of the market owing to the huge acceptance and multiple applications of this media for the growth of several microorganisms. Based on application, the market is segmented into cancer research, biopharmaceuticals, regenerative medicine & tissue engineering, stem cell technologies, drug discovery, and others.
Regional Outlook
Geographically, the global tissue culture reagent market is classified into four major regions including North America (the US and Canada), Europe (UK, Germany, France, Italy, Spain, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia-Pacific), and Rest of the World (Latin America and the Middle East and Africa (MEA)). Among these, the Asia-Pacific region is estimated to grow at the fastest rate during the forecast period. The regional growth is attributed to the rising prevalence of stem cell research and the high demand for biopharmaceuticals such as antibodies and vaccines. Moreover, growing healthcare expenditures are further expected to stimulate the demand for tissue culture reagents. Significant investments in organ transplantation and stem cell R&D activities are further likely to offer new growth opportunities for the market.
Global Tissue Culture Reagent Market Growth, By Region 2022-2028
North America Holds the Largest Share in the Market
North America is expected to show promising growth in the market. The increasing incidence of chronic diseases, increasing regulatory approvals for cell-culture-based reagents, and technological advancements in tissue culture products and reagents along with the adoption of single-use technologies are the promising factors expected to expand the market on a wider level in the region. The presence of prominent players and their focus on new development by investing high in R&D activities in tissue culture reagents can lead to market growth. Significant acquisitions and collaborations among players have increased the production and availability of the product in major economies of the region.
Market Players Outlook
The major players in the global tissue culture reagent market include Becton Dickinson, and Company, Bio-Rad Laboratories, Inc., Fujifilm Holdings Corp, General Electric Co., Lonza Group AG, Merck & Co., Inc., Thermo Fisher Scientific, Inc., among others. The market players are contributing to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in April 2022, Cell Guidance Systems Ltd. announced a collaboration to launch PODS-PeptiGels. The new kit combines the benefits of two existing innovative cell culture technologies - synthetic peptide hydrogels (PeptiGels) and a range of sustained-release growth factors (PODS) - to provide a reproducible and highly adaptable environment for 3D cell culture. Moreover, in November 2019, to expand the business, Thermo Fisher Scientific invested nearly $24 million in its biologics site at Inchinnan, Scotland, to boost its ability to manufacture cell culture media.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ 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.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Recovery Scenario of Global Tissue Culture Reagent Industry
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Segmentation
4.1. Global Tissue Culture Reagent Market by Type
4.1.1. Lysogeny Broth
4.1.2. Chemically Defined Media
4.1.3. Classical Media
4.1.4. Serum-Free Media
4.1.5. Specialty Media
4.1.6. Stem Cell Media
4.1.7. Custom Media Formulation
4.1.8. Others
4.2. Global Tissue Culture Reagent Market by Application
4.2.1. Cancer Research
4.2.2. Biopharmaceuticals
4.2.3. Regenerative Medicine & Tissue Engineering
4.2.4. Stem Cell Technologies
4.2.5. Drug Discovery
4.2.6. Others
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
5.4.1. Latin America
5.4.2. Middle East & Africa
6. Company Profiles
6.1. AMRESCO Inc.
6.2. Avantor, Inc.
6.3. Becton Dickinson and Co.
6.4. Bio-Rad Laboratories, Inc.
6.5. Corning Inc.
6.6. Danaher Corp
6.7. Eppendorf AG
6.8. Fujifilm Holdings Corp.
6.9. GE Healthcare
6.10. Life Technologies Corp
6.11. Lonza Group AG
6.12. Merck KGaA
6.13. PromoCell GmbH
6.14. Sartorius AG
6.15. Thermo Fisher Scientific, Inc.
1. GLOBAL TISSUE CULTURE REAGENT MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
2. GLOBAL LYSOGENY BROTH TISSUE CULTURE REAGENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL CHEMICALLY DEFINED MEDIA TISSUE CULTURE REAGENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL CLASSICAL MEDIA TISSUE CULTURE REAGENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL SERUM-FREE MEDIA TISSUE CULTURE REAGENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL SPECIALTY MEDIA TISSUE CULTURE REAGENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL STEM CELL MEDIA TISSUE CULTURE REAGENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL CUSTOM MEDIA FORMULATION TISSUE CULTURE REAGENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL OTHER TISSUE CULTURE REAGENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL TISSUE CULTURE REAGENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
11. GLOBAL TISSUE CULTURE REAGENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL TISSUE CULTURE REAGENT IN CANCER RESEARCH MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL TISSUE CULTURE REAGENT IN BIOPHARMACEUTICALS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL TISSUE CULTURE REAGENT IN REGENERATIVE MEDICINE & TISSUE ENGINEERING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL TISSUE CULTURE REAGENT IN STEM CELL TECHNOLOGIES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. GLOBAL TISSUE CULTURE REAGENT IN DRUG DISCOVERY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17. GLOBAL TISSUE CULTURE REAGENT IN OTHER APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
18. GLOBAL TISSUE CULTURE REAGENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
19. NORTH AMERICAN TISSUE CULTURE REAGENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
20. NORTH AMERICAN TISSUE CULTURE REAGENT MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
21. NORTH AMERICAN TISSUE CULTURE REAGENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
22. EUROPEAN TISSUE CULTURE REAGENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
23. EUROPEAN TISSUE CULTURE REAGENT MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
24. EUROPEAN TISSUE CULTURE REAGENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
25. ASIA-PACIFIC TISSUE CULTURE REAGENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
26. ASIA-PACIFIC TISSUE CULTURE REAGENT MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
27. ASIA-PACIFIC TISSUE CULTURE REAGENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
28. REST OF THE WORLD TISSUE CULTURE REAGENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
29. REST OF THE WORLD TISSUE CULTURE REAGENT MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
30. REST OF THE WORLD TISSUE CULTURE REAGENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
1. GLOBAL TISSUE CULTURE REAGENT MARKET SHARE BY TYPE, 2021 VS 2028 (%)
2. GLOBAL TISSUE CULTURE REAGENT MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
3. GLOBAL TISSUE CULTURE REAGENT MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL LYSOGENY BROTH TISSUE CULTURE REAGENT MARKET SHARE BY REGION, 2021 VS 2028 (%)
5. GLOBAL CHEMICALLY DEFINED MEDIA TISSUE CULTURE REAGENT MARKET SHARE BY REGION, 2021 VS 2028 (%)
6. GLOBAL CLASSICAL MEDIA TISSUE CULTURE REAGENT MARKET SHARE BY REGION, 2021 VS 2028 (%)
7. GLOBAL SERUM-FREE MEDIA TISSUE CULTURE REAGENT MARKET SHARE BY REGION, 2021 VS 2028 (%)
8. GLOBAL SPECIALTY MEDIA TISSUE CULTURE REAGENT MARKET SHARE BY REGION, 2021 VS 2028 (%)
9. GLOBAL STEM CELL MEDIA TISSUE CULTURE REAGENT MARKET SHARE BY REGION, 2021 VS 2028 (%)
10. GLOBAL CUSTOM MEDIA FORMULATION TISSUE CULTURE REAGENT MARKET SHARE BY REGION, 2021 VS 2028 (%)
11. GLOBAL OTHER TISSUE CULTURE REAGENTS MARKET SHARE BY REGION, 2021 VS 2028 (%)
12. GLOBAL TISSUE CULTURE REAGENT MARKET SHARE BY REGION, 2021 VS 2028 (%)
13. GLOBAL TISSUE CULTURE REAGENT IN CANCER RESEARCH MARKET SHARE BY REGION, 2021 VS 2028 (%)
14. GLOBAL TISSUE CULTURE REAGENT IN BIOPHARMACEUTICALS MARKET SHARE BY REGION, 2021 VS 2028 (%)
15. GLOBAL TISSUE CULTURE REAGENT IN REGENERATIVE MEDICINE & TISSUE ENGINEERING MARKET SHARE BY REGION, 2021 VS 2028 (%)
16. GLOBAL TISSUE CULTURE REAGENT IN STEM CELL TECHNOLOGIES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17. GLOBAL TISSUE CULTURE REAGENT IN DRUG DISCOVERY MARKET SHARE BY REGION, 2021 VS 2028 (%)
18. GLOBAL TISSUE CULTURE REAGENT IN OTHER APPLICATIONS MARKET SHARE BY REGION, 2021 VS 2028 (%)
19. US TISSUE CULTURE REAGENT MARKET SIZE, 2021-2028 ($ MILLION)
20. CANADA TISSUE CULTURE REAGENT MARKET SIZE, 2021-2028 ($ MILLION)
21. UK TISSUE CULTURE REAGENT MARKET SIZE, 2021-2028 ($ MILLION)
22. FRANCE TISSUE CULTURE REAGENT MARKET SIZE, 2021-2028 ($ MILLION)
23. GERMANY TISSUE CULTURE REAGENT MARKET SIZE, 2021-2028 ($ MILLION)
24. ITALY TISSUE CULTURE REAGENT MARKET SIZE, 2021-2028 ($ MILLION)
25. SPAIN TISSUE CULTURE REAGENT MARKET SIZE, 2021-2028 ($ MILLION)
26. REST OF EUROPE TISSUE CULTURE REAGENT MARKET SIZE, 2021-2028 ($ MILLION)
27. INDIA TISSUE CULTURE REAGENT MARKET SIZE, 2021-2028 ($ MILLION)
28. CHINA TISSUE CULTURE REAGENT MARKET SIZE, 2021-2028 ($ MILLION)
29. JAPAN TISSUE CULTURE REAGENT MARKET SIZE, 2021-2028 ($ MILLION)
30. SOUTH KOREA TISSUE CULTURE REAGENT MARKET SIZE, 2021-2028 ($ MILLION)
31. REST OF ASIA-PACIFIC TISSUE CULTURE REAGENT MARKET SIZE, 2021-2028 ($ MILLION)
32. REST OF THE WORLD TISSUE CULTURE REAGENT MARKET SIZE, 2021-2028 ($ MILLION)
