Stem Cell Research

Along these same lines, stem cell research will also add to the robust growth of the cell culture market. The growing use and diverse applications of stem cells are having a significant impact on the media market, as companies work to understand how best to optimize and influence their growth. For stem cell applications, serum-free media that lack growth factors, cytokines, or artificial stimulators of proliferation will play an increasingly important role.

The expected growth in the stem cell market provides a tremendous growth opportunity. Kalorama estimates that stem cell research accounted for nearly $1 billion million in expenditures last year, 10% of which was allocated to consumables, and about 5% of the consumable allocation was spent on media and other cell culture supplies. In addition, media and serum used in stem cell research are priced higher than similar, non-stem cell products.

Multiple licensing agreements and acquisitions have been made in the cell culture market by numerous companies in order to secure a foothold in the stem cell supply market .

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