Press release
Cell line development market growth Analysis Of GE Healthcare, Thermo Fisher Scientific, The European Collection of Cell Cultures, Lonza Group, Sigma-Aldrich, Samsung Biologic, Sartorius
Cell Line Development Market is set to exceed USD 7.5 billion by 2024; according to a new research report. U.S. is anticipated to grow significantly in the coming years owing to increasing adoption rates of cell culture techniques, high incidence of chronic diseases coupled with advancements in component technologies to improve the efficiency and speed of generating robust and highly productive cell line for large scale production of protein therapeutics.
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Scope of Report
Growing cancer prevalence, increasing demand for vaccines and monoclonal antibodies, and mounting technological advancements coupled with innovations in biologics will stimulate the cell line development market growth over the forecast period. Growing favorable government initiatives for development of healthcare infrastructure, surge in vaccine production and increasing monoclonal antibodies demand will drive the market.
Increasing disease prevalence in underdeveloped countries owing to adoption of western lifestyle, The upsurge in the geriatric population base across the globe, highly susceptible to chronic diseases, would also spur the growth rate of the business sphere. According to the U.S. Census Bureau, residents aged 65 and over increased from 35 Mn in 2000, to 49.2 Mn in 2016, accounting for 12.4 % and 15.2% of the total populace, respectively. Cell line development instruments assist in cell viability, single cell sorting, clone productivity, monoclonality, as well as cell surface expressions screening. Given that both industrial and research establishments are demanding enhanced cells, it should come as no surprise that that cell-line development has strong growth predictions.
A host of technological progressions in the cell line development industry will serve as another pivotal growth factor driving the cell line development market demand over the future. Advances in the biotechnology industry worldwide have led to enhancements in drug discovery, cell culture, gene therapy, and other applications of cell line engineering. Government-backed initiatives for augmenting the healthcare domain would further propel the cell line development industry. On the other hand, the dearth of clear regulatory standards along with stem cell research related issues might hinder business growth as well.
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Primary cell line market will grow at considerable rate in the coming years. Rising use of primary cell lines as the most relevant mean for understanding core biological aspects of human and animal biology coupled introduction of novel technologies like 3D cell culture in primary cell line resulting in improved results and increasing usage will fuel the segment share. Tissue engineering will show noteworthy progress owing to increasing study the clinical relevance of the diseases and rising adoption rates of tissue engineering in patient treatment such as implantation of bladders. Bioreactor segment will grow at a considerable rate due to increasing use in large-scale manufacturing of biologics and to grow cells or tissues in cell culture.
Top Manufacturers in global market are given bellow: GE Healthcare, Thermo Fisher Scientific, The European Collection of Cell Cultures, Lonza Group, Sigma-Aldrich, Samsung Biologic, Sartorius, Selexis, WuXi AppTec, GVK BIO, and Progenitor Cell Therapy.
Continued@........................
Data Tables
TABAL 1. Cell Line Development industry 360 degree synopsis, 2013 - 2024
TABAL 2. Global Cell Line Development market, 2013 - 2024 (USD Million)
TABAL 3. Global Cell Line Development market, by product, 2013 - 2024 (USD Million)
TABAL 4. Global Cell Line Development market, by region, 2013 - 2024 (USD Million)
TABAL 5. Cell Line Development growth drivers
TABAL 6. Industry pitfalls & challenges
TABAL 7. Hearing aids market size, by region, 2013 - 2024 (USD Million)
TABAL 8. Behind-the-Ear (BTE) aids market size, by region, 2013 - 2024 (USD Million)
TABAL 9. In-the-Ear aids market size, by region, 2013 - 2024 (USD Million)
TABAL 10. Receiver-in-the-Ear (RITE) market size, by region, 2013 - 2024 (USD Million)
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