Press Releases
 
Culture Media Market is projected to be worth US$10.1 bn by 2025.

, 21 March 2019 -- Transparency Market Research’s (TMR) new report on the global culture media market says the degree of competition in this market is high as companies are engaged in consistent breakthroughs and new discoveries for culture media. Nevertheless, the culture media market exhibits a fairly consolidated vendor landscape with top five companies holding close to 60% of the market in 2016.

Read Report Overview:
https://www.transparencymarketresearch.com/culture-media-market-media.html


“Leading companies in the culture media market are focused on mergers and acquisitions and strategic alliances with businesses with complementary strengths,” says a lead analyst at TMR. An excellent example is Thermo Fisher Scientific. In February 2014, the company acquired Life Technologies Corporation to strengthen its biosciences and bioprocessing businesses, thereby accelerating its drug discovery, development, and production capabilities.

High investments for innovative products is a key growth strategy that companies in the culture media market are focused on. A case in point is Thermo Fisher Scientific. The company invested a hefty sum of US$396 mn in 2013 to strengthen its research and development program.

The global culture media market stood at US$5,296.8 mn in 2016 and is projected to be worth US$10,138.6 mn by the end of 2025 expanding at a CAGR of 7.7% between 2017 and 2025.

North America Accounts for Significant Share in Global Market

In terms of media type, the culture media market is segmented into dehydrated culture media, chromogenic culture media, and prepared culture media. The segment of dehydrated culture media dominated the market in 2016 and is anticipated to retain its position until the end of 2025. Prepared culture media stood as the second-leading media type segment of the market in the same year. These segments offer benefits of faster because of which they are extensively used in diagnostic laboratories and research institutes.

In terms of end-user, hospitals dominated holding 43.5% of the culture media market in 2016. This was followed by the segment of academic and research institutes and is expected to maintain its second-leading position over the forecast period between 2017 and 2025. On the other hand, the diagnostic centers segment is expected to display a declined market share between 2016 and 2025.

In terms of geography, the global culture media market is divided into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. North America, among these accounts for the leading contribution to the global culture media market. Between 2016 and 2025, the share of this region is expected to increase from 39.3% to 43%. Advances in medical technology with a corresponding increase in application of culture media are key factors for the dominance of North America in the global market. The U.S. accounts for the major share of North America culture media market.

Europe is the second-leading regional segment in the culture media market. The significant position of this region is mainly due to substantial investments from top players for research and development pursuits for disease diagnosis.

Mounting Research and Development for Customized Line of Treatment for Diseases Boosts Demand

Increasing demand for antibiotics is the primary factor propelling the culture media market. The increasing resistance of bacteria to antibiotics is necessitating the development of new antibiotics for treating disease indication. Research and development initiatives for newer pharmaceutical products for application in disease diagnosis is further benefitting the growth of this market.

Request Sample of the Report:
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=26273

On the downside, high cost associated for the preparation of various types of culture media and stringent process controls are challenging the market’s growth.

About us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Transparency Market Research
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email:
Website: https://www.transparencymarketresearch.com/



# # #


Submitted by hawer on Thursday, 21 March 2019 at 5:20 AM
Category: Health Care & Medical
 
Related News

Pediatric Perfusion Market to Experience Significant Growth during the Forecast Period 2019-2027
Wednesday, 19 Jun 2019

Orthopedic Consumables Market Outlook, Sales, Revenue, Industry Players
Wednesday, 19 Jun 2019

Regenerative Artificial Skin Market Size, Growth, Trends and 2027 Forecast Report
Wednesday, 19 Jun 2019

Balloon Kyphoplasty Devices Market To Register Healthy Expansion in Upcoming Years
Tuesday, 18 Jun 2019

Cancer Vaccines Drug Pipeline Market Latest Trends and Future Growth Study by 2027
Tuesday, 18 Jun 2019

Related Events

Radiology at Gleneagles, Scotland
Monday, 17 Jun 2019

25th Annual Update and Intensive Review of Internal Medicine, New York 2019
Monday, 17 Jun 2019

14th IFSSH and 11th IFSHT Triennial Congress 2019
Monday, 17 Jun 2019

MedTech Summit, Brussels, 17-21 June 2019
Monday, 17 Jun 2019

10th KOL/ Thought Leader Engagement And Advisory Boards Summit
Tuesday, 18 Jun 2019

Latest News

Pediatric Perfusion Market to Experience Significant Growth during the Forecast Period 2019-2027
Wednesday, 19 Jun 2019

Orthopedic Consumables Market Outlook, Sales, Revenue, Industry Players
Wednesday, 19 Jun 2019

Regenerative Artificial Skin Market Size, Growth, Trends and 2027 Forecast Report
Wednesday, 19 Jun 2019

Balloon Kyphoplasty Devices Market To Register Healthy Expansion in Upcoming Years
Tuesday, 18 Jun 2019

Cancer Vaccines Drug Pipeline Market Latest Trends and Future Growth Study by 2027
Tuesday, 18 Jun 2019

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2019
Today is Wednesday, 19 June 2019

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • Radiology at Gleneagles, Scotland
  • 25th Annual Update and Intensive Review of Internal Medicine, New York 2019
  • Digital Growth Unleashed Las Vegas 2019
  • Marketing Analytics Summit Las Vegas 2019
  • 14th IFSSH and 11th IFSHT Triennial Congress 2019

  • Latest Jobs
    Sorry, there are currently no entries posted here.