Serum-free Media Market to Expand at CAGR of 7% during the forecast period, finds TMR Study

-  Growing prominence of serum-free media due to concerns related to animal origin serum cell culture strengthens growth of the serum-free media market

-  Role of the scientific community to undertake research and collaborate along with manufacturers to develop several serum-free media to underscore growth

ALBANY, N.Y., Dec. 22, 2021 /PRNewswire/ -- Transparency Market Research: The serum free media market is estimated to expand at a CAGR of 7% during the forecast period from 2021 to 2031. Knowledge among researchers of cell biology that addition of bovine serum or calf serum to cell cultures leads to the production of non-standardized final products favors demand for serum-free media. This is expected to create revenue opportunities in the serum-free media market.

Moreover, the role of pharmaceutical companies to boost the production of COVID-19 vaccines is creating opportunities in the serum-free media market. Furthermore, initiatives undertaken by some pharmaceutical companies to develop plant-based vaccines is gaining recognition in the non-serum market.

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The optimization of serum-free media to different degrees and proportions is observed in the serum-free media market. The optimization is based on the characteristics of Chinese hamster ovary (CHO) cells and their advantages in the production of recombinant therapeutic protein.

North America and Europe stood as the prominent regions in the serum-free media market in the recent past. Factors such as increasing use of serum-free media culture to develop vaccines for chronic diseases and rise in demand for various recombinant proteins cement growth in the serum-free media market in these regions.

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Serum-free Media Market ? Key Findings of Report

• Advantages of low risk of contamination of plant-based cell media over animal-derived media that carries the risk of introducing viruses and prions make them preferred among researchers
• Pharmaceutical companies undertake efforts to elevate the production of serum-free hybridoma media. Advantages of increased antibody production, consistent downstream purification, and low cost of serum-free hybridoma are leading to increased preference from researchers and scientists. Serum-free hybridoma eliminates ethical concerns associated with fetal bovine serum.

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• Companies in the serum-free media market are partnering with researchers to develop fetal bovine serum-free medium to support isolation as well as expansion of mesenchymal stem cells for veterinary medicine
• Innovations and efforts for the increasing availability of protein-free medium optimized for fast cell proliferation takes center-stage among companies. Initiatives to develop several serum-free media options are underway that helps to reduce production variables for vaccine production.
• Manufacturers undertake initiatives to develop medium for precise evaluation of cellular function and to facilitate consistent performance. Low levels of human recombinant insulin and absence of proteins facilitates downstream processing and regulatory compliance.
• Production of recombinant therapeutic protein is the key application of serum-free media. Serum-free media is used in the production of immunological cells that are used in the production of various vaccines.
• Focus of manufacturers on the development of human microglial cell culture serum-free media comes to the fore in the serum-free media market
• Biopharma industry held a large share of the serum-free media market in 2018

Serum-free Media Market ? Growth Drivers

• Advantages to prevent challenges of serum-based cell media during the processing of recombinant protein or in the manufacture of vaccines drive the serum-free media market
• Attribute of selective profile of serum-free media wherein it is chosen for a particular type of cell culture boosts the serum-free media market
• Array of applications of serum-free media, of which the production of recombinant therapeutic protein is key, spells growth of the serum-free media market

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Serum-free Media Market ? Key Players

Some of the key players operating in the non-serum media market are:

• Thermo Fisher Scientific
• Pan Biotech
• Irvine Scientific
• Sigma-Aldrich
• HiMedia Laboratories
• Athena Environmental Sciences
• Bichrom
• Biological Industries
• CellGenix

The serum-free media market is segmented as follows;

Serum-free Media Market, by Media Type

• CHO Cell Media
• Protein Expression Media
• Immunology Media
• Insect Cell Media
• Hybridoma Media
• Stem Cell Media
• Chemically Defined Media

Serum-free Media Market, by End User

• Biopharma Industry
• Clinical Research Organizations
• Research Centers
• Others

Serum-free Media Market, by Region

• North America
• U.S.
• Canada
• Europe
• Germany
• U.K.
• France
• Italy
• Spain
• Rest of Europe
• Asia Pacific
• Japan
• China
• India
• Australia & New Zealand
• Rest of Asia Pacific
• Latin America
• Brazil
• Mexico
• Rest of Latin America
• Middle East & Africa
• GCC Countries
• South Africa
• Rest of Middle East & Africa

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