Cell Freezing Media Market Analysis and Research Report by Experts 2024
The global cell freezing media market is foreseen to gain momentum in its growth due to biopharmaceutical and pharmaceutical industries receiving government help for research through several impactful initiatives. Besides drug development, there are other types of programs that largely benefit from cell freezing on the part of storage. A report by Transparency Market Research (TMR) gives sound knowledge about how the market could grow in the coming years and projects its growth on the basis of revenue and CAGR. It bears the title "Cell Freezing Media Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024."
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However, one of the factors that could arrest the world cell freezing media market is expensive maintenance cost when it comes to storage. Nonetheless, the report gives out critical information on a number of trends and opportunities anticipated to help lift up the market in the presence of certain challenges. On the basis of end user, the market could see segmentation into academics and research, pharmaceutical firms, and biopharmaceutical firms.
Taking into account the rate at which research activities are growing, biopharmaceutical firms are expected to exhibit faster growth in the world cell freezing media market. On the other hand, the market could find growth in the pharmaceutical industry due to increasing application of cell freezing media in the formation of regenerative medicine and drug screening of various kinds of medicines.
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The world cell freezing media market could also be classified as per media type. Here, the segments could be vaccine production media, insect media, hybridoma media, and Chinese hamster ovary (CHO) cell media. Vaccine production media could be further segregated into fetal bovine serum (FBS), cell line media, additional vaccine media, classic media and salts, and other animal sera. Considering the significant breakthrough it has brought about in the healthcare industry, it could be said that insect media may grow at a handsome rate in the market. Genetically engineered cell lines can be developed by insect media to help express recombinant proteins that are therapeutically valuable.
On the other hand, monoclonal antibodies in cell culture system can be developed by hybridoma media. CHO cells could have great potential in bioprocessing and pharmaceutical research as well. They could harvest different types of recombinant glycoproteins on a large scale. Regionally, the international cell freezing media market is foretold to testify the rise of Europe and North America as larger geographies. Markets in these regions could gain impetus due to new drug development backed by rising number of research and development activities. With countries such as India, China, and Japan, Asia Pacific could be a more progressive market for cell freezing media.
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Some of the leading players of the international cell freezing media market are Nippon Genetics, Thermo Fisher Scientific, Inc., and Merck KGaA.
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Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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