Press release
Market Insights: Global Cell Banking Outsourcing Market Is Anticipated to Expand at a CAGR of 17.1%: 2025
Qyresearchreports include new market research report Global Cell Banking Outsourcing Market Size, Status and Forecast 2019-2025 to its huge collection of research reports.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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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.
In 2018, the global Cell Banking Outsourcing market size was 4210 million US$ and it is expected to reach 12700 million US$ by the end of 2025, with a CAGR of 17.1% during 2019-2025.
This report focuses on the global Cell Banking Outsourcing status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Cell Banking Outsourcing development in United States, Europe and China.
The key players covered in this study
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
Market segment by Type, the product can be split into
Stem Cell Banking
Non-stem Cell Banking
Market segment by Application, split into
Cell Bank Storage
Bank Characterization and Testing
Cell Bank Preparation
Access the full Report @ https://www.qyresearchreports.com/report/global-cell-banking-outsourcing-market-size-status-and-forecast-2019-2025.htm
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Cell Banking Outsourcing status, future forecast, growth opportunity, key market and key players.
To present the Cell Banking Outsourcing development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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