Press release
Global Cell Banking Outsourcing Market to Witness a Pronounce Growth During 2023
A cell bank is a facility that stores cells of specific genome for the purpose of future use in a product or medicinal needs. They often contain expansive amounts of base cell material that can be utilized for various projects. Cell banks can be used to generate detailed characterizations of cell lines and can also help mitigate cross-contamination of a cell line. Utilizing cell banks also reduces the cost of cell culture processes, providing a cost-efficient alternative to keeping cells in culture constantly. Cell banks are commonly used within fields including stem cell research and pharmaceuticals, with cryopreservation being the traditional method of keeping cellular material intact. Cell banks also effectively reduce the frequency of a cell sample diversifying from natural cell divisions over time. Cells mainly used in the regenerative medicine production. Increasing demand of stem cell therapies and number of cell banks expected to boost the global market.
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Global Cell Banking Outsourcing Market: Forecast by Type / Application / Region
Cell banking is a process of replicating and storing cells for the purpose of future use. Storage of these cell samples can be utilized for research purposes and for surgical reconstruction of damaged body structures. Cells are frozen in cryovials at -196 degrees Celsius along with cryoprotection agents such as 10% solution of DMSO. Cell banking is most commonly used in stem cell research and therapy.
According to this study, over the next five years the Cell Banking Outsourcing market will register a 17.5% CAGR in terms of revenue, the global market size will reach US$ 9440 million by 2024, from US$ 4210 million in 2019. In particular, this report presents the global revenue market share of key companies in Cell Banking Outsourcing business, shared in Chapter 3.
Global Cell Banking Outsourcing Market: Key Players
SGS Life Sciences
Lonza
CCBC
Vcanbio
AMAG Pharmaceuticals
ViaCord
Thermo Fisher
Wuxi Apptec
CordLife
Esperite
Reliance Life Sciences
Lifecell
Cryo-Cell
Toxikon
Goodwin Biotechnology
Texcell
Cryo Stemcell
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Related Information:
United States Cell Banking Outsourcing Market Research Report 2018
Europe Cell Banking Outsourcing Market Research Report 2018
North America Cell Banking Outsourcing Market Research Report 2018
Asia-Pacific Cell Banking Outsourcing Market Research Report 2018
China Cell Banking Outsourcing Market Research Report 2018
EMEA Cell Banking Outsourcing Market Research Report 2018
Global Cell Banking Outsourcing Market Research Report 2018
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