[FURL=https://www.industryarc.com/Research/MEM-Media-Market-Research-507100?utm_source=briefingwire&utm_medium=Pressrelease&utm_campaign=Paidpressrelease]MEM Media Market[/FURL] size is estimated to reach $7.8 billion by 2026, growing at a CAGR of 7.5% during the forecast period 2021-2026. Minimum Essential Medium (MEM) is a synthetic cell culture medium that is used to maintain cells in tissue culture. It is one of the most widely used synthetic cell culture media that plays an integral role in cell culture technology by supporting in vitro cellular research. An improvised version of MEM media consists of approximately four times as many amino acids present in the initial version of the cell culture formula. Increase in the demand for L-glutamine in tissue culture, growing recommendations for cell culture media without L-glutamine, and rise in government initiatives for research in the biopharmaceutical industry are the factors that are set to drive the growth of the MEM Media Market for the period 2021-2026.Key Takeaways
Geographically, North America MEM Media Market accounted for the highest revenue share in 2020 and it is poised to dominate over the period 2021-2026 owing to the growing adoption of L-glutamine in tissue culture.
The ability to support the growth of cells that have high energy demands and large amounts of nucleic acids is driving the With L-glutamine segment. However, the lack of efficient research infrastructure is one of the major factors that is said to reduce the growth of the MEM Media Market.
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MEM Media Market Segment Analysis-By Geography
North America held the largest share with 37.9% of the overall market in 2020. The growth in this segment is owing to the factors such as growing applications of MEM media in tissue culture, increase in the government initiatives for research in the biopharmaceutical industry. The rise in the adoption of L-glutamine in tissue culture is driving the growth of the MEM Media Market. Asia-Pacific is estimated to be the fastest growing segment over the period 2021-2026. The growth in this segment is owing to the factors such as growing demand for MEM media without L-glutamine for its excellent batch-to-batch consistency and increase in the focus on the synthetic cell culture media by the key players.
MEM Media Market Drivers
Rise in the Adoption of L-glutamine in Tissue Culture
Increase in the Demand for Synthetic Cell Culture Media in Cell Culture Technology
MEM Media Market top 10 companies are Thermo Fisher Scientific Inc, Sigma Aldrich, BI Worldwide, Stemcell, Corning, Atlanta Biologicals, Nippon Genetics, Miltenyi Biotec, Mediatech Inc, and Lonza among others.
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