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Biotechnology Market Growth Accelerated by Emerging Markets Adoption

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  Biotechnology is revolutionizing various industries including healthcare, pharmaceutical, agriculture and environmental protection. Products developed using biotechnology such as biopharmaceuticals, genetically modified crops and biofuels are offering innovative solutions. Biopharmaceuticals are increasingly becoming the preferred treatment option for chronic diseases like cancer and diabetes owing to their high selectivity and efficiency. The Global Biotechnology Market Size is estimated to be valued at US$ 945.11 Mn in 2024 and is expected to exhibit a CAGR of 3.5% over the forecast period 2024-2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the key trends driving the growth of the biotechnology market is the rising adoption in emerging markets like India, Brazil, China and South Africa. These emerging economies offer huge growth opportunities owing to the expanding urban middle class demanding superior healthcare and...

The Global Cell Cryopreservation Market Growth Accelerated By Increased Demand For Cell-Based Therapies

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  Cell Cryopreservation protects cells from damage by cooling and storing them at very low temperatures such as in liquid nitrogen. It helps in preserving various types of cells including stem cells, blood, and sperm cells among others for future use in different applications like regenerative medicine, drug testing and personalized medicines. With increasing investments in regenerative medicine and cell-based therapies, demand for techniques like cell cryopreservation has surged significantly. The Global Cell Cryopreservation Market Size is estimated to be valued at US$ 228.8 Mn in 2023 and is expected to exhibit a CAGR of 5.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the key trends driving growth in the cell cryopreservation market is the increased investments in cell-based research activities. Growing prevalence of chronic diseases has accelerated research in cell therapies for t...

Growing Demand for Higher Protein Content Driving Newborn Calf Serum Market Growth

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  Newborn calf serum is derived from blood collected from newborn calves less than 20 days old through cardiac puncture. It is a rich protein diet that provides growth factors, hormones, attachment factors and other nutrients required for in vitro cell culture. Newborn calf serum is commonly used as a supplement in cell and tissue culture media as it supports the growth of several cell lines. The Global Newborn Calf Serum Market Size is estimated to be valued at US$ 730 million in 2023 and is expected to exhibit a CAGR of 9.9% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The growing demand for products with higher protein content is the major trend driving the growth of the newborn calf serum market. Newborn calf serum contains higher concentration of growth factors, carrier proteins, attachment factors and other nutrients as compared to adult bovine serum. This makes it a preferred choice for ...