Product Code:815967
Published Date: Sep 05,2024
Pages: 104
Region: Global
Category: Medical Devices & Consumables
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Culture of Chinese Hamster Ovary (CHO) cells for modern industrial applications such as expression of recombinant proteins requires media that support growth and production. Such media must support high viable cell densities while also stimulating bioproduct synthesis and extracellular transport. As an epithelial cell line with biopharmaceutical advantages, CHO cells are commonly used for recombinant protein production and scientific research. The global CHO Cell Culture Media market size is projected to grow from US$ 230 million in 2024 to US$ 413 million in 2030; it is expected to grow at a CAGR of 10.2% from 2024 to 2030. LP Information, Inc. (LPI) ' newest research report, the “CHO Cell Culture Media Industry Forecast” looks at past sales and reviews total world CHO Cell Culture Media sales in 2023, providing a comprehensive analysis by region and market sector of projected CHO Cell Culture Media sales for 2024 through 2030. With CHO Cell Culture Media sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world CHO Cell Culture Media industry. This Insight Report provides a comprehensive analysis of the global CHO Cell Culture Media landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on CHO Cell Culture Media portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global CHO Cell Culture Media market. This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for CHO Cell Culture Media and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global CHO Cell Culture Media. Thermo Fisher Scientific is the key player of CHO cell media in the world, which has a share over 20%, followed by Sigma-Aldrich. North America is the largest consumption area in the world, accounting for nearly 50% market share. In terms of product, Feed CHO Cell Culture Media is the largest segment of CHO cell media in the world, accounting for over 60% market share. And in the terms of application, CDMO is the largest segment of application, which occupied for over 45% market share. The growth of the CHO Cell Culture Media market is mainly due to the booming biopharmaceutical industry and the rising demand for monoclonal antibodies and recombinant protein drugs. As a key cell line, CHO cells are widely used in the production of biopharmaceutical products, and the demand for their culture media continues to increase. Looking ahead, the CHO Cell Culture Media market will develop in the direction of higher performance, more intelligent and more sustainable. Specifically, first, with the rapid development of the biopharmaceutical industry, especially in the field of cell and gene therapy, the demand for high-performance culture media will further increase. Secondly, technological advances will promote the intelligent development of culture media, such as the introduction of intelligent monitoring and automation systems, which will improve culture efficiency and reduce human intervention. Third, the global demand for biopharmaceutical products, especially in emerging market countries, will drive the expansion of the culture media market. In addition, environmental protection and sustainability trends have also prompted culture media manufacturers to develop more environmentally friendly and economical products to meet the long-term development needs of the industry. This report presents a comprehensive overview, market shares, and growth opportunities of CHO Cell Culture Media market by product type, application, key manufacturers and key regions and countries. Segmentation by Type: Basal Cell Culture Media Feed Cell Culture Media Segmentation by Application: CDMO Research Others This report also splits the market by region: Americas United States Canada Mexico Brazil APAC China Japan Korea Southeast Asia India Australia Europe Germany France UK Italy Russia Middle East & Africa Egypt South Africa Israel Turkey GCC Countries The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration. Thermo Fisher Corning Cytiva Lonza OPM Biosciences FUJIFILM Sartorius Mirus Bio LLC Sigma-Aldrich Stemcell Technologies Inc Key Questions Addressed in this Report What is the 10-year outlook for the global CHO Cell Culture Media market? What factors are driving CHO Cell Culture Media market growth, globally and by region? Which technologies are poised for the fastest growth by market and region? How do CHO Cell Culture Media market opportunities vary by end market size? How does CHO Cell Culture Media break out by Type, by Application?