The Dynamic Media, Sera and Reagent Market in Biotechnology

September 16, 2010

Wellesley, Mass. – According to a new technical market research report, THE DYNAMIC MEDIA, SERA AND REAGENT MARKET IN BIOTECHNOLOGY (BIO014F) from BCC Research (www.bccresearch.com), the global market value of dynamic media, sera and reagent products is an estimated $2.5 billion in 2010, but is expected to increase to nearly $3.9 billion in 2015, for a 5-year compound annual growth rate (CAGR) of 8.7%.

The largest segment of the market, made up of reagents, is projected to grow at a CAGR of 11.6% to reach nearly $1.9 billion in 2015. Its value is estimated at nearly $1.1 billion in 2010.

The media segment is estimated at $822 million in 2010, and is expected to increase at a 5-year CAGR of 8.6% to reach more than $1.2 billion in 2015.

The sera segment is projected to have a 5-year CAGR of 13.3%, rising from $658 million in 2010 to nearly $773 million in 2015.

Cell culture, a crucial component of the life-sciences industry, has witnessed major developments in the past three decades. Cell culture techniques have developed substantially and are now an integral part of biotechnology. During the evolution of cell culture technologies, a number of disciplines, such as cell biology, genetic engineering, protein chemistry, genomics, and chemical engineering, have been successfully incorporated into the cell culture field. Cell cultures have extensive applications in toxicology studies for initial-stage screening of compounds in drug discovery. Cell/tissue culture involves assorted range of media, sera, and reagents.

Increasing demand for influenza vaccines has forced manufacturers to put great effort into the production of vaccines through cell culture procedures. This technique could provide an alternative approach for the manufacture of vaccines. Increased research efforts to make cell culture-based vaccines have increased the growth of the cell culture market. Cell culture-based vaccines will be the growth driver for the cell culture market in the future also.

This study contributes to the areas of market growth in the cell culture industry from the point of view of manufacturers and users.  Biotechnological companies, physicians, the pharmaceutical and biopharmaceutical industries, hospitals, and research institutes will find this study to be of interest.

The Dynamic Media, Sera and Reagent Market in Biotechnology( BIO014F )
Publish Date: Jul 2010    

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