Global Fetal Bovine Serum Market Research and Forecast 2018-2023
Fetal Bovine Serum Market, Size, Share, Market Intelligence, Company Profiles, Market Trends, Strategy, Analysis, Forecast 2018-2023
Global fetal bovine serum market is expected to grow at a significant CAGR of 6.8% during forecast period 2018-2023. The market is growing due to its increasing application as supplement in animal cell culture such as vaccines, diagnostic tests and cell therapy. The global fetal bovine serum is segmented into the basis of product type, application, and end user. The report provides detailed and insightful chapters which include market overview, key findings, strategic recommendations, patent analysis, market estimations, market determinants, key company analysis, market insights, company profiling, market segmentation, geographical analysis, and analyst insights of the market.
Fetal bovine serum is a blood product that exceeds cell culture testing and are widely used in research laboratories. Biotechnology research, cloning, vaccine production and vitro fertilization are some of the research where cell culture medium growth is used. Fetal bovine serum has high quantity of carrier proteins, hormones and macromolecular proteins due to which it is widely used in vitro fertilization. For the growth of cells, embryonic stem cells are transferred into the culture medium. Several vaccines available today are developed using fetal bovine serum to promote cell culture growth. These vaccines comprise of the Varivax III vaccine that defend against varicella virus and MMRII vaccine that safeguard against rubella, measles and mumps. Therefore, growing applications of fetal bovine serum in animal cell culture such as vaccines is boosting the growth of the market.
The global fetal bovine serum market is segmented on the basis of the geographical regions that are contributing significantly towards the growth of the market. North America is estimated to be the dominating region in the market. The growth of the market is attributed to the US being the major market for FBS and North America and Australia are major suppliers for FBS. The increasing use of FBS for scientific research, cell cultivation and development of new vaccine is also driving the growth in the region. Market player contributing in the growth of North America are FB Sciences, Atlas Biologicals, and Innovative Research. APAC is considered to be the fastest growing market owing to rising demand for Australia origin fetal bovine serum and increasing cell maintenance banks and specialty research institutes.
The report covers
Comprehensive research methodology of Global Fetal Bovine Serum market
In-depth analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the Global Fetal Bovine Serum market
Insights about market determinants which are stimulating the Global Fetal Bovine Serum market
Detailed and extensive market segments with regional distribution of researched revenues
Extensive profiles and recent developments of market players
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