Cell Line Development Market is expected to reach over USD 9.8 billion by 2026 |Top Key Players GE Healthcare, Thermo Fisher Scientific, Sigma-Aldrich, Pfizer, Wuxi AppTec, Sartorius Stedim Biotech GmbH

Increasing occurrences of diseases such as cancer along with numerous inflammatory conditions and autoimmune diseases will augment global cell line development market growth. Cell line development is on a high demand owing to the increasing requirement of monoclonal antibodies and vaccines to treat chronic diseases.

Regarded as a one of the rapidly progressing fraternities of the life science domain, cell line development market has established itself as a major business sphere of recent times. With tissue and cell-based assays rapidly swapping animal studies, researchers are increasingly becoming dependent on cell study to demonstrate greater biological relevance. As per the data put forth by the World Health Organization, neurological disorders and their consequences are anticipated to affect more than one billion people worldwide.

Cell Line Development Market size is set to cross USD 9.8 billion by 2026, according to a new research report by Global Market Insights, Inc.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/429

Top Key Players:
1. GE Healthcare
2. Thermo Fisher Scientific
3. Sigma-Aldrich
4. Wuxi AppTec
5. Sartorius Stedim Biotech GmbH

This data is evident from the rising aging population and lack of effective treatments - a factor also underpinning the necessity to develop new assays to advance research and develop know-how with regards to the mechanism of these diseases. Given the fact that both industrial and research concerns are demanding advanced & better cells for developing novel vaccines, biosimilars, drug, and therapeutic proteins it comes as no surprise that the global cell line development market has bright growth prospects. A conjecture substantiating the same is of a report compiled by Global Market Insights, Inc., that claims the global cell line development market to become a massive 9.8 billion dollar industry by 2026, a substantial up from USD 4.2 billion in 2019.

When it comes to the vast utilization of the cell line development technology, Berkeley Lights Inc., is one protuberant industry magnates that has developed a platform to address the unmet research needs in Cellular Immuno-Oncology, BioPharma, and Autologous T-cell Therapies. Introduction of Beacon platform by this company has undeniably changed the overall competitive dynamics of cell line development industry. In fact, it has been observed that several other market players are leveraging Berkeley Lights' state-of-the-art technology to further dive deeper into cell line research.
Impact of Berkeley Lights, Inc's Beacon platform on the competitive landscape of cell line development market

According to reliable reports, Berkeley Lights, Inc. (BLI) launched its first commercial platform - Beacon(TM) OptoFluidic Platform in December 2016. This platform is ideally suited for direct B-cell antibody discovery and cell line development workflows. Experts deem that the flexibility of this platform has allowed researchers to automate biological processes and develop new applications to align with specific requirements. In short, the Beacon platform has enabled efficient monitoring, visualization, and tracking of cell to cell interaction and single cell manipulation across thousands of cells into a nanofluidic chip.

As a result of this breakthrough technology, customers and other cell line development industry players could accelerate the delivery of actionable results and reduce hands-on time. Taking into account the Beacon platform's ability to interact with cells in novel ways, BLI's prominence in cell line development industry has indeed strengthened.
Leading biotechnology company Shire adopts BLI's Beacon OptoFluidic platform
Recently in January 2018, BLI announced that Shire is implementing the Beacon Platform to accelerate their CLD process. Reports reveal that the company's decision was based on an experiment and study that equated their existing cell line development workflow to the workflow results obtained using Beacon.

Daiichi Sankyo to work with BLI's Beacon(TM) OptoFluidic
BLI in October 2017 announced that it will be working with the global pharmaceutical industry player Daiichi Sankyo to focus on creating CLD workflow efficiencies and fast tracking the drug development process. According to sources, the program includes evaluating and predicting the stability of clones, establishing monoclonality, and screening a pool of recently transfected CHO cells.
Pfizer to invests in mAb discovery with BLI's Beacon tech

In a recent news snippet released in January 2018, it has been reported that Pfizer is leveraging BLI's Beacon platform to advance its gene editing programs and monoclonal antibody discovery.

Report Content
Chapter 1. Methodology
1.1. Methodology
1.2. Market definitions
1.3. Forecast parameters
1.4. Data Sources
1.4.1. Secondary
1.4.1.1. Paid Sources
1.4.1.2. Unpaid Sources
1.4.2. Primary
Chapter 2. Executive Summary
2.1. Cell line development industry 360� synopsis, 2013 - 2024
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Source trends
2.1.4. Cell line type trends
2.1.5. Application trends
2.1.6. Regional trends
Chapter 3. Cell Line Development Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry impact forces
3.3.1. Growth drivers
3.3.1.1. Rise in production of vaccines globally
3.3.1.2. Increasing number of cancer incidences especially in developing countries such as India and China
3.3.1.3. Extended applications of biotechnology sector
3.3.1.4. Patent expiration of blockbuster biologics leading to innovations in the field
3.3.1.5. Escalating demand for monoclonal antibodies in U.S. and Europe
3.3.1.6. Technological advancements in cell line development
3.3.2. Industry pitfalls & challenges
3.3.2.1. Ambiguous regulatory landscape
3.3.2.2. Growing concerns related to stem cell research
3.4. Growth potential analysis
3.4.1. By product
3.4.2. By source
3.4.3. By cell line type
3.4.4. By application
3.5. Porter's analysis
3.6. Regulatory landscape
3.6.1. U.S.
3.6.2. Europe
3.6.3. China
3.7. Company landscape, 2017
3.7.1. Strategy dashboard
3.8. PESTEL analysis

Other large pharma companies implementing Beacon technology
Teva Pharmaceuticals Australia, recently announced that it will be installing Beacon for its CLD and antibody discovery programs. Bayer Inc., is another in the line that has announced a strategic project with BLI to innovate and accelerate research. The pharmaceutical giant Novartis is also not far behind in implementing the Beacon platform. In fact, reports reveal it to be an earlier adopter of this technology and to consequently have secured its position in the dynamic cell line development market.

Overall a common thread that runs through all the aforementioned trends is BLI's rising preeminence in the global cell line development industry. The flexibility of the Beacon platform has not only allowed BLI to strengthen its roots in this industry by continuously aligning with its partner's requirements but has also significantly aided other emerging cell line development market players. What is noteworthy about these prospective trends is that they are deemed to be extremely important for other cell line development industry players in designing their growth tactics to sustain in the competitive terrain.

More Insightful Info: https://www.prnewswire.com/news-releases/cell-line-development-market-to-hit-usd-9-8b-revenue-by-2026-global-market-insights-inc-301016742.html

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

This release was published on openPR.