Fetal bovine serum market was valued at $695 million in 2017 and is estimated to reach at $1,037 million by 2025, registering a CAGR of 5.1 % from 2018 to 2025.
Fetal bovine serum (FBS) is an ideal growth medium containing several nutrients and optimal combination of growth factors, which make it the most effective growth promoter for almost any cell culture system. In addition, the significantly lower content of antibodies compared to adult and newborn sera minimizes the risk of antibody cross-reaction with cells in culture. FBS finds its application in animal tissue culture and plant tissue culture, while reagents are used in various biotechnology applications such as diagnosis, laboratory research, drug development, and others.
Significant rise in biotechnological R&D pertaining to the introduction of novel biopharmaceuticals has led to an increase in demand for FBS. Moreover, increase in investments and funding for research interventions in both developed and developing countries boost the market growth. However, ethical & scientific concerns associated with the potential misuse of biotechnology research practices and dearth of skilled personnel hamper the market growth. Few fraud cases associated with the production of fetal bovine sera have been reported, which further restrains the growth of the market. Conversely, untapped potential of the emerging economies such as India, China, and others is anticipated to provide lucrative opportunities to the key players involved in the fetal bovine serum market.
Major Key Players of the Fetal Bovine Serum Market are:
GE Healthcare , Merck KGaA (Sigma Aldrich) , HiMedia Laboratories , Bio-Techne , Biowest , Biological Industries , Atlas Biologicals , Rocky Mountain Biologicals , PAN-Biotech. , Thermo Fisher Scientific Inc.
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The fetal bovine serum media market is segmented based on application, end user, and region. The applications covered in the study include biopharmaceuticals, cell culture, human and animal vaccine production, and others. Depending on end user, the market is classified into biotechnology & pharmaceutical industry, academic institute, and research laboratory. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Major Applications of Fetal Bovine Serum covered are:
Human & Animal Vaccine Production
– To study and analyze the global Fetal Bovine Serum consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Fetal Bovine Serum market by identifying its various sub-segments.
– Focuses on the key global Fetal Bovine Serum manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Fetal Bovine Serum with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Fetal Bovine Serum Market Size
2.2 Fetal Bovine Serum Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Fetal Bovine Serum Market Size by Manufacturers
3.2 Fetal Bovine Serum Key Players Head office and Area Served
3.3 Key Players Fetal Bovine Serum Product/Solution/Service
3.4 Date of Enter into Fetal Bovine Serum Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Fetal Bovine Serum Sales by Product
4.2 Global Fetal Bovine Serum Revenue by Product
4.3 Fetal Bovine Serum Price by Product
5 Breakdown Data by End User
5.2 Global Fetal Bovine Serum Breakdown Data by End User
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In the end, Fetal Bovine Serum industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.
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