SOURCE: MarketResearch.com

MarketResearch.com

August 31, 2010 10:08 ET

Media, Sera, & Reagent Market to Reach 3.8 Billion by 2015

ROCKVILLE, MD--(Marketwire - August 31, 2010) -  MarketResearch.com has announced the addition of BCC Research's new report "The Dynamic Media, Sera and Reagent Market in Biotechnology" to their collection of Biotechnology market reports. For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=2748169

Demand for cell culture products, namely, media, sera, and reagents, is increasing with the increasing demand for biopharmaceuticals. Cell culture, a crucial component of the life-sciences industry has witnessed major developments in the past three decades. Research and development (R&D) spending, along with increasing competition, patent expiries, new technologies, and an international marketplace are pointing this market in a new direction. 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.

The improvisation of the market, the setbacks, and the needs of the market are discussed in this report. The types of cell culture and the products from cell culture technology are also portrayed. Also covered are the advantages and disadvantages of the use of various types of media.

A detailed analysis of the structure of the cell culture industry has been conducted. This includes the biotechnology reagents, media, and the sera used. Revenues are broken down by region. Sales figures are estimated for the 5-year period from 2010 through 2015.

Scope of information:

  • Total worldwide sales revenues for media, sera, and reagent used in biotechnology were $2,546.2 million in 2010, and are expected to increase to more than $3800 million in 2015, at a compound annual growth rate (CAGR) of 8.7%.
  • The largest biotechnology segments in 2010 were Reagents. All Reagents in Biotechnology will increase from $1,066.6 million in 2010 to nearly $1,850.4 million in 2015, at a compound annual growth rate (CAGR) of 11.6%.
  • Sales of Media will experience high growth. This market segment was worth $821.8 million in 2010 and will increase at a 8.6% compound annual growth rate (CAGR) to reach a value of $1,242.4 million in 2015.
  • Sales of Sera will experience moderate growth. This market segment was worth $31657.8 million in 2010 and will increase at a 3.3% compound annual growth rate (CAGR).

For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=2748169

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