North America holds a significant serum-free media market share, due to increased biopharmaceutical industrialization. In Asia, there is significant demand for serum-free media due to rising research & development activity. Moreover, growing pharmaceutical industries in the region also fuel the growth of the market. In the Asia Pacific region, there is significant demand for CHO cells by media type due to the high rate of adoption of CHO cells for research purposes. Countries such as the U.S., Germany, India, and Japan implement collaborative research as well as government initiatives, which is expected to further support the growth of the serum-free media market in these regions. |
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