Global Cell Lines Market is Expected to Reflect a Value More than US$ 140 Mn by 2022-end: Fact.MR’s Report
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Cell lines are used in research and biologics and used in drug discovery, molecular biology, biochemistry, cell biology etc. The global cell lines market is influenced by several advantages that the cell liens offer, which include ease in use, cost effectiveness, as well as they provide pure cells which are needed to obtain reproducible results along with consistent samples. Moreover, the growing technological developments in the healthcare industry, new innovations and increased investment in the research and development has resulted in the discovering several paradigms for cell lines, thereby pushing the growth of the global cell lines market. North America region seems to be the most attractive region for the cell lines market.
According to Fact.MR, the global cell lines market is anticipated to show a value of more than US$ 140 Mn and expected to grow at a steady rate during the period of forecast.
Contract Research Organizations (CRO) Segment and Biopharmaceutical Companies Segment to Fare Almost Equally
The contract research organizations (CRO) segment is expected to grow at a higher rate during the period of forecast to register a CAGR of 3.7% whereas the biopharmaceutical companies segment is anticipated to grow at a similar yet slower (a shade slower) than the CRO segment. However, the biopharmaceutical companies segment experiences higher market share by revenue than the CRO segment. The academic and research institutes segment reflects the highest market share by revenue in 2017 and dominates the market.
Cancer Cell Lines Show Dominance During the Period of Forecast
The cancer cell lines segment by product type reflects higher market share by revenue as of 2017 and this trend is expected to grow to retain this segment’s domination over other segments during the forecast period. Following this, the immunotherapy cell lines segment shows a comparatively high market revenue share than other segments present in the product type category. However, ion channel cell lines segment is anticipated to grow at a higher growth rate than other product segments to register a CAGR of 3.8% during the period of forecast of 2017 to 2022.
Basic Research Shows higher Strength, Drug Discovery and Development Shows Speed
The basic research segment by application is expected to dominate the global cell lines market by application and reflects a market share of 58.7% in 2017 and is expected to grow even further by the end of 2022. However, the drug discovery and development segment might give a tough competition to basic research as it grows at a higher rate and might be able to reach a higher market share value by the end of 2022. The drug discovery and development segment is also expected to experience a high gain in the BPs by the end of 2022.
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Table of Content:
1. Global Cell Lines Market - Executive Summary
2. Global Cell Lines Market Overview
2.1.1. Global Cell Lines Market Taxonomy
2.1.2. Global Cell Lines Market Definition
2.2. Global Cell Lines Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Cell Lines Market Y-o-Y Growth
2.3. Global Cell Lines Market Dynamics
2.5. Supply Chain
2.6. Cost Structure
2.7. Average Pricing Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region
3. Global Cell Lines Market Analysis and Forecast By Product Type
3.1. Global Cell Lines Market Size and Forecast By Product Type, 2012-2022
3.1.1. Immunotherapy Cell Lines Cell Lines Market Size and Forecast, 2012-2022
22.214.171.124. Revenue (US$ Mn) Comparison, By Region
126.96.36.199. Market Share Comparison, By Region
188.8.131.52. Y-o-Y growth Comparison, By Region
3.1.2. Ion Channel Cell Lines Cell Lines Market Size and Forecast, 2012-2022
184.108.40.206. Revenue (US$ Mn) Comparison, By Region
220.127.116.11. Market Share Comparison, By Region
18.104.22.168. Y-o-Y growth Comparison, By Region
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