Absolute Markets Insights has been published a report on Equine Serum market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering various vendors.  The report delivers an up-to-date analysis regarding the current global market scenario, current trends and drivers, and the overall market scenario. The Equine Serum market analysis includes service segment and geographical landscapes.

The equine serum market was valued at US$ 38.33 Mn in 2020 and is anticipated to reach US$ 63.65 Mn by 2030 growing at a CAGR of 5.8% during the forecast period (2021-2030). The heat inactivated category in the global equine serum market held the larger market share in 2020. Donor horse serum (DHS), is derived from healthy, live animals whose age is more than 12 months. In combination with bovine sera, DHS is frequently used for mammalian cell culture. Sometimes, it is also used independently. Kept in carefully managed and strictly segregated herds, the donor animals receive regular veterinary inspection and care.

List of Companies Covered in the Report: Abcam PLC, Biochemed Services, Biologos, Capricorn Scientific GmbH, Jackson ImmunoResearch Inc., Merck KGaA, MP BIOMEDICALS, Rocky Mountain Biologicals, TCS Biosciences Ltd., and Thermo Fisher Scientific Inc. amongst others.

Click to view the full report:  https://www.absolutemarketsinsights.com/reports/Equine-Serum-Market-2021---2029-858

In 2020, diagnostic assay segment occupied the largest market share. Equine serum used for diagnostic assay is prepared from the blood collected from a controlled herd of young horses. The scientific name for this serum is Serum amyloid A (SAA). Before preparing this serum, each horse is routinely screened for Equine Infectious Anemia (EIA). As a supplement in mycoplasma growth and assay media, DHS is also suitable for use in diagnostic assays. It is also useful for culturing hematopoietic stem cells as well as neuronal cells. Containing more immunoglobulins than fetal bovine serum (FBS), horse serum has higher protein content. This makes it a cost-effective alternative to FBS.

In 2020, North America was the biggest regional market in the global equine serum market due to availability of advanced medical facilities and proper infrastructure to carry out research. Maximum number of COVID-19 patients in the world were in USA. Presence of key market players, technological advancement supporting medical research, and availability of advanced medical equipment are influencing the region’s growth in the global equine serum market.

Global Equine Serum Market:

By Formulation Type

  • Heat Inactivated
  • Non Heat Inactivated
  • Customized Formulations
  • Others

By Application

  • Diagnostic Assay
  • Vaccine Production for Humans and Animals
  • Supplement in Bacteriological Media
  • Others

By Packaging Size

  • 100 ml
  • 500 ml
  • 1000 ml
  • Custom Packaging
  • Others

By End Users

  • Research Institutions
  • Pharmaceutical Manufacturing Companies

By Distribution Channel

  • Online
  • Offline

By Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

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