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Biotechnology

The Dynamic Media, Sera and Reagent Market in the Cell Culture Industry

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REPORT HIGHLIGHTS

  • The market for media, sera and reagents in U.S. is estimated at $915.6 million in 2003. The market is expected to rise at an AAGR (average annual growth rate) of 13.1% and reach $1.7 billion by 2008.
  • U.S. sales for media are expected to reach $282.3 million in 2003 and $452.5 million in 2008, an AAGR of 9.9%.
  • The sera market, although slow, is rising at an AAGR of 3.5% and will reach $352.1 million in 2008 from $296.0 million in 2003.
  • The reagent market in 2003 is estimated at $337.3 million and is expected to rise at an AAGR of 21.5% and reach $892.6 million by 2008.
  • The reagent segment is the fastest growing, due to increases in expenditures for cell cultures. Ten to 12 new biological response modifiers are coming to market every year.

SUMMARY FIGURE
U.S. SALES OF MEDIA, SERA AND REAGENTS IN CELL CULTURE, 2001-2008
($ MILLIONS)
Source: BCC, Inc.