The global culture media of microbiology market is anticipated to grow at a CAGR of nearly 5.0% during the forecast period (2022-2028). Culture media are also known as growth media that are specific mixtures of nutrients and other substances that enable the growth of microorganisms that include bacteria and fungi, such as yeasts and molds. Culture media of microbiology is used as a special medium or a substance that encourages the growth, support, and survival of microorganisms so as to cater to the rising infections. Since there is an increasing burden of viral infections among population, there is an increasing need to develop vaccines and drugs to alleviate this health burden. Thus, the market growth is majorly attributed to the ongoing clinical trials and the growing R&D investment backed by several public as well as private companies for drugs and vaccines that act against microorganisms. For instance, as per the Clinical Trials.gov, as of February 2020, there were around 1,126 clinical trials going on for antiviral therapeutics.
Further, the increasing technological developments by the market players are also contributing to the growth of the global culture media of microbiology market. For instance, in October 2019, Thermo Fisher Scientific launched Gibco BenchStable Media, a new cell culture media that remains stable in the room and provides a flexible alternative and reduces the dependence of researchers on cold storage without disrupting the existing workflow. However, the stringent regulatory issues for the use of animal-derived products in culture media are expected to be the restraint for the market growth.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Media Type
- By End-User
- Regions covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape: Thermo Fisher Scientific, Inc., Merck KGaA, and BioMérieux SA, among others.
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Global Culture Media of Microbiology Market Report by Segment
By Media Type
- Chromogenic Culture Media
- Dehydrated Culture Media
- Prepared Culture Media
By End-User
- Biotechnology and Pharmaceutical Industry
- Academic Institutes
- Others
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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