Cell Culture Media Market Size, Share, Growth Analysis, By Product(Serum-free Media and Classical Media), By Type(Animal cell culture media, Plant cell culture media), By End user(Pharmaceutical & Biotechnology Companies, Hospitals & Diagnostic Laboratories), By Physical state(Liquid culture media, Semi-solid culture media), By Application(Research, and Manufacturing of biomolecules), By Research type(Cytogenetics, Cell therapy) - Industry Forecast 2024-2031

Cell Culture Media Market Drivers

Growth and Expansion of Biotechnology Companies will Bolster Market Growth

• Due to ethical issues there is an increase in demand for animal component-free media and automated cell culture systems. In traditional methods animals were used for clinical trials before being used on humans. Many non-governmental organizations are protesting against such companies.

• Due to the current pandemic situation the market is growing at a faster rate. Cell culture media are very much essential to produce and also for trials of new vaccines and medicines. The growth and expansion of biotechnology & pharmaceutical companies is seen during the past few years. The need for cell culture medium has increased for making new and innovative vaccines and medicines. Due to an increase in strict safety rules for vaccines and to minimize the spread of communicable disease, researchers began to use cell culture media for testing and trials.

Cell Culture Media Market Restraints

Use of Non-Degradable Materials to Hinder Market Growth

• Cell culture media uses a lot of plastic material which sums up day by day to create a mountain of waste and plastics are not easily degradable by the environment and on burning them it creates lots of poisonous gas. Many countries are banning plastics because it's harmful for the environment. As these substances are for single use only they cannot be reused or recycled. Due to increase in regulatory standards of cell culture media the cost of the products is increasing at a faster rate.