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Global Cell Banking Outsourcing Market is valued at 4210 million USD in 2018 and is expected to reach 9440 million USD by the end of 2024, growing at a CAGR of 17.5%
Global Cell Banking Outsourcing Market | Planet Market Reports
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A cell bank is a facility that stores cells of the 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 a 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 regenerative medicine production. The increasing demand of stem cell therapies and a number of cell banks expected to boost the global market.
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.
The Asia-Pacific will occupy for more market share in the following years, especially in China, also fast-growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Cell Banking Outsourcing.
For full details – https://www.planetmarketreports.com/reports/global-cell-banking-outsourcing-market-2855
Europe also play important roles in the global market, with a market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report studies the Cell Banking Outsourcing market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Cell Banking Outsourcing market by product type and applications/end industries.
Market Segment by Companies, this report covers
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 Regions, regional analysis covers
North America United States, Canada and Mexico
Europe Germany, France, UK, Russia and Italy
Asia-Pacific China, Japan, Korea, India and Southeast Asia
South America Brazil, Argentina, Colombia
Middle East and Africa Saudi Arabia, UAE, Egypt, Nigeria and South Africa
Market Segment by Type, covers
Stem Cell Banking
Non-stem Cell Banking
Market Segment by Applications, can be divided into
Cell Bank Storage
Bank Characterization and Testing
Cell Bank Preparation
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