As per this study the Global Fetal Bovine Serum Market was valued USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2028 with a CAGR of XX%.
Fetal bovine serum (FBS) is a serum used as a growth supplement for cell culture because it has high embryonic growth content. Basically, it is a liquid fraction of clotted blood from fetal calves, depleted cells, fibrin, and clotting factors. Bovine serum albumin is a major component of FBS that is essential for growth and maintenance of cultured cell. The fetal bovine serum also contains other small molecules such as amino acids, lipids, sugars, and hormones. Biotechnological research purposes, human & animal vaccines, and other research purposes are some of the application areas of fetal bovine serum (FBS).
Market Dynamics
Expanding biopharmaceutical industry coupled with the increasing R&D activities is primarily fueling the market growth of fetal bovine serum. Rising production of vaccines and advancement in tissue culturing technology and increasing demand for production of biopharmaceuticals for the treatment of various disease is also expected to favor the market growth. On the other hand, the availability of alternatives such as chemically defined media and serum-free media is projected to curb market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter's five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of fetal bovine serum.
Market Segmentation
The broad fetal bovine serum market has been sub-grouped into application and end-user. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Application
- Drug Discovery
- Cell Culture Media
- In vitro Fertilization
- Human and Animal Vaccine Production
- Diagnostics
- Others
By End-User
- Research & Academic Institutes
- Industry (pharma, biotech, etc.)
Regional Analysis
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for fetal bovine serum in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Fetal Bovine Serum Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the fetal bovine serum market includes Atlas Biologicals, Biological Industries, Bio-Techne (Atlanta Biologics), Ge Healthcare (A Healthcare Division Of Ge Company), Himedia Laboratories Pvt., Ltd, Merck KGaA (Sigma Aldrich), Pan-Biotech, Rocky Mountain Biologicals (Rmbio), Sera Scandia A/S (Biowest, Thermo Fisher Scientific Inc., and others. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
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