Home > Healthcare > Biotechnology > Biotechnology R&D > Serum-free Media Market

Serum-free Media Market Share

Report ID: GMI6488
Published Date: Aug 2023
Report Format: PDF

Download Free Sample

Serum-free Media Market Share

Major market players operating in the serum-free media market :

Thermo Fisher Scientific Inc.
Merck KGaA
FUJIFILM Irvine Scientific, Inc.
Lonza Group

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The serum-free media industry accounted for USD 1.6 billion in 2022 and is estimated to grow at over 11% CAGR through 2032, backed by the increasing demand for recombinant protein products and rising stem cell research.

CHO cell culture accounted for 30.9% of the market share in 2022 and is projected to witness robust growth in coming years as CHO media offers a controlled and consistent environment for CHO cell cultivation and offers significant benefits for biopharmaceutical production.

North America market accounted for 40.4% revenue share in 2022 and is anticipated to grow at considerably through 2032, owing to the growing demand for biopharmaceutical products and rising prevalence of chronic disease.

Thermo Fisher Scientific Inc., Merck KGaA, FUJIFILM Irvine Scientific, Inc., Lonza Group among others.