Press release
What's driving the Europe Cell Line Development Market Size? JSR Life Sciences, Selexis, Wuxi AppTec, LakePharma, Inc., Corning Incorporated, Thermo Fisher Scientific, Inc., Merck KGaA
Europe Cell Line Development Market
The Europe cell line development market is expected to reach US$ 3,170.94 Mn in 2027 from US$ 1,207.15 Mn in 2019. The market is estimated to grow with a CAGR of 12.8% from 2020-2027.
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In 2019, the Bioproduction segment held a considerable market share of the cell line development market, by the application. This segment is also predicted to dominate the market in 2027 owing to higher demand of biologics.
However, the drug discovery segment is anticipated to witness growth at a significant rate during the forecast period.
Some of the major primary and secondary sources for cell line development included in the report are European Forum for Industrial Biotechnology and the Bioeconomy, Food and Drug Administration and others.
The Germany cell line development market is dominated by intraoral media and reagent segment in 2019 with a considerable market share, by product. This segment is also predicted to dominate the market in 2027. Also, media and reagent segment is anticipated to witness growth at a significant rate during the forecast period, owing to the increasing research activities in biotechnology sector.
In 2019, the recombinant cell line segment held the most significant market share of the cell line development market, by type. This segment is also anticipated to dominate the market in 2027 owing to its popularity among manufacturers for the production of therapeutic recombinant proteins. The hybridomas segment is anticipated to witness growth at a significant rate during the forecast period.
Government and private funding for biotechnology research, the launch of innovative technologies for cell line synthesis, and an increase in various research for novel technology-based applications are likely to be the major factors driving the growth of this market in the European region.
Europe holds a robust technological base in terms of number of patent filings. This adds up significantly to the high degree of intellectual property rights in the region leading to its strong position in the cell line development market. Also, efforts taken by the National Government to encourage innovation through incentives provision and tax exemption for R&D and new biotech start-ups are expected to favor the growth of the European cell line development market over the forecast years.
Moreover, the companies are performing various activities for the cell line development market, for instance, Selexis, Carestream Avacta, JSR Life Sciences. has done recent developments for products.
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Table of Content:
1. Introduction
1.1 Scope Of The Study
1.2 The Insight Partners Research Report Guidance
2. Europe Cell Line Development Market - Key Takeaways
3. Europe Cell Line Development Market - Market Landscape
3.1 Overview
3.2 Market Segmentation
3.2.1 Europe Cell Line Development Market - By Type
3.2.2 Europe Cell Line Development Market - By Product
3.2.3 Europe Cell Line Development Market - By Application
3.2.4 Europe Cell Line Development Market - By Country
3.3 PEST Analysis
3.3.1 Europe - PEST Analysis
4. Europe Cell Line Development Market- Key Market Dynamics
4.1 Key Market Drivers
4.1.1 Increasing Regenerative Medicine Development Activities
4.1.2 Rising Incidence of Chronic Diseases
4.2 Key Market Restraints
4.2.1 Risk Associated with Cell Line Contamination
4.3 Key Market Opportunities
4.3.1 The rise in production of biosimilars
4.4 Future Trends
4.4.1 Consistent Research in Drug Discovery Activities
4.5 Impact Analysis
5. Cell Line Development Market - Europe Analysis
5.1 Europe Cell Line Development Market Revenue Forecasts And Analysis
5.2 Market Positioning
5.3 Performance of Key Players
5.3.1 Merck KGaA
5.3.2 Thermo Fisher Scientific Inc.
5.4 Expert Opinions
Related Report:
Global Cell Line Development Industry Market Research 2019
In this report, we analyze the Cell Line Development industry from two aspects. One part is about its production and the other part is about its consumption. In terms of its production, we analyze the production, revenue, gross margin of its main manufacturers and the unit price that they offer in different regions from 2014 to 2019. In terms of its consumption, we analyze the consumption volume, consumption value, sale price, import and export in different regions from 2014 to 2019. We also make a prediction of its production and consumption in coming 2019-2024.
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