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Title Cell Culture Media Market: Revenue Growth Development and Analysis of Demand
URL https://www.marketsandmarkets.com/PressReleases/cell-culture-media.asp
Category Fitness Health --> Health Articles
Meta Keywords Global Cell Culture Media Market
Meta Description Global Cell Culture Media Market, Serum-free Cell Culture Media Market Size, Global Cell Culture Media Market Share, Global Cell Culture Media Market Growth
Owner Healthcare101
Description
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 R&D 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.