Epithelial Cell Culture Media Market to hit USD 303040.33 Thousand, Globally, by 2028 at 11.4 % CAGR: The Insight Partners – Digital Journal

The epithelial cell culture media market is expected to reach US$ 303,040.33 thousand by 2028 from US$ 128,155.95 thousand in 2020; it is estimated to grow at a CAGR of 11.4% from 2021 to 2028.

According to our new research study on Epithelial Cell Culture Media Market Forecast to 2028 COVID-19 Impact and Global Analysis by Product Type and End User. The report highlights trends prevailing in the market and factors driving its growth. The growth of the epithelial cell culture media market is mainly attributed to the factors such as the increasing applications of epithelial cells and surge in funding for epithelial cell research. However, the risk of contamination, misidentification, and random alternations in cell lines hinders the market growth.

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Epithelial cells are widespread throughout the body. These cells cover body surfaces, line body cavities, hollow organs, and major tissues in glands. These cells perform functions such as protection, absorption, secretion, excretion, diffusion, filtration, and sensory reception. These cells are widely used in disease modeling, toxicity studies, and drug discovery, among other applications. The growth of the epithelial cell culture media market is attributed to the factors such as the increasing applications of epithelial cells and surge in funding for epithelial cell research. However, the risk of contamination, misidentification, and random alternations in cell lines hinders the market growth.

Surge in Funding for Epithelial Cell Research

Extensive funding for supporting the research projects involving the use of epithelial cells to identify new therapeutic solutions for chronic diseases is propelling the demand for epithelial cell culture media. For instance, the National Institutes of Health (NIH), US, funded a 3-year research project (20132016) that was conducted at the University of Kentucky. The institute granted US$ 307,395 in funds in 2014 to examine processes controlling inflammation in colitis, a condition that stimulates epithelial stem cell growth and differentiation and increases the risk of colon cancer.

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By product type, the epithelial cell culture media market is segmented into human mammary epithelial cells, bronchia/trachea epithelial cells, and renal epithelial cells. The bronchia/trachea epithelial cells segment held the largest share of the market in 2020, whereas the renal epithelial cell segment is anticipated to register the highest CAGR in the market during the forecast period.

Based on end user, the epithelial cell culture media treatment market is segmented into biopharmaceutical companies, academic and research laboratories, and others. The biopharmaceutical companies segment held the largest share of the market in 2020, whereas the academic and research laboratories segment is anticipated to register the highest CAGR of in the market during the forecast period.

Epithelial Cell Culture Media Market: Competitive Landscape and Key Developments

PromoCell GmbH; Merck KGaA; ATCC; AXOL Bioscience Ltd.; Thermo Fisher Scientific, Inc.; Bio-Techne Corporation; Celprogen, Inc.; Lonza Group AG; HiMedia Laboratories; and Cell Biologics Inc. among are the leading companies operating in the Epithelial Cell Culture Media market.

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Epithelial Cell Culture Media Market to hit USD 303040.33 Thousand, Globally, by 2028 at 11.4 % CAGR: The Insight Partners - Digital Journal