Market Introduction
Epithelial cells are widespread throughout the body. These cells are covering of body surfaces, line body cavities, hollow organs, and major tissue in glands. These cells perform functions like protection, absorption, secretion, excretion, diffusion, filtration, and sensory reception. These cells are widely used in disease modeling, toxicity studies, and drug discovery, among other applications.
Market Overview and Dynamics
The South and Central America epithelial cell culture media market is expected to reach US$ 15,745.91 thousand by 2028 from US$ 7,862.71 thousand in 2021; it is estimated to grow at a CAGR of 11.4% from 2021 to 2028. The growth of the market is attributed to some key driving factors such as increasing applications of epithelial cells and rising funds for epithelial cells research. However, risk of contamination, misidentification, and random alternations in cell lines is expected to obstruct the growth of the market to a certain extent during the forecast years.
Epithelial cells are valuable in biology research to understand the function of living systems. For example, cervical epithelial cells provide an in vitro model for studying physiological processes associated with diseases such as cervical cancer, cervical polyps, and human papilloma virus (HPV) disease. Further, epithelial cell lines are used in studies of drug transport processes. Drug transport studies in epithelial cells can be performed easily under controlled conditions, and they generate of important information. With the increasing applications of epithelial cells, the demand for media required to culture these cell lines is also on rise, which is boosting the epithelial cell culture media market growth. Extensive funding for supporting the research projects involving the use of epithelial cells to identify new therapeutic solutions for chronic diseases are propelling the demand for epithelial cell culture media. Hence, the increase in such grants for epithelial cell-based research projects are favouring the epithelial cells culture market growth. Also, the huge presence and vigorous activities in biopharmaceuticals industries in different countries is creating opportunities for research and innovation, further attracting numerous public–private investments, which are creating significant growth opportunities for the epithelial cell culture media market players.
The outbreak of COVID–19 has strictly impacted medical services in the South and Central America region. The COVID-19 pandemic has negatively impacted all phases of drug development and forced many pharmaceutical companies and clinical research organizations (CROs) to put their clinical studies on hold. Moreover, the ongoing COVID-19 crisis is likely to put additional pressure on the market to meet the future demand for cell and gene therapies. Further in North America, the COVID-19 pandemic has disrupted scientific research activities significantly as the pharmaceutical companies and research institution have shifted their research activities on vaccine for COVID-19. Thus, above mentioned factors are expected to hinder the growth of the market for a certain time.
Key Market Segments
The South and Central America epithelial cell culture media market, by product type, is segmented human mammary epithelial cells, bronchia/trachea epithelial cells, renal epithelial cells, and others. The bronchia/trachea epithelial cells segment held the largest share of the market in 2020, whereas the renal epithelial cell segment is anticipated to register the highest CAGR in the market during the forecast period.
The South and Central America epithelial cell culture media market, by end user, is segmented biopharmaceutical companies, academic and research laboratories, and others. The biopharmaceutical companies segment held the largest share of the market in 2020, whereas the academic and research laboratories segment is anticipated to register the highest CAGR in the market during the forecast period.
Major Sources and Companies Listed
A few of the primary and secondary sources associated with this report on the South and Central America epithelial cell culture media market are the American Type Culture Collection (ATCC), Brazilian Federation for Experimental Biology (FESBE) and Pharmaceutical Research and Manufacturers Association (PhRMA).
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SOUTH AND CENTRAL AMERICA EPITHELIAL CELL CULTURE Media MARKET SEGMENTATION
By Product Type
By End User
By Country
Company Profiles