Biotherapeutics Cell Line Development Market to Expand at CAGR of 6.9%, States TMR Study

There has been a rise in genomic-related research and development activities, which has resulted in the considerable development of biotherapeutic cell line. Furthermore, emerging innovative methods in the generation of biotherapeutic cell lines is likely to play an important role in pushing cell engineering to greater levels. Effort has gone into optimizing codons and creating new vectors, and as a result, biotherapeutics cell line development has garnered increased attention. This factor is likely to work in favor of the global biotherapeutics cell line development market.

The development of new technologies, regulatory changes, and launch of a variety of novel concepts is likely to influence the expansion of the global biotherapeutics cell line development market during the forecast period, from 2020 to 2030. Academic and commercial scientists have spent the past few decades mostly resolving the flaws in the initial compositions of biotherapeutic cell lines. In order to meet industrial demands, several businesses in the present landscape of the biotherapeutics cell line development market are launching new variations of cell line development solutions.

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The global biotherapeutics cell line development market was worth around US$ 108.7 Mn in 2019, and it is expected to grow at a CAGR of 6.9% during the forecast period to reach US$ 223.7 Mn by 2030. Stable cell lines are extensively used in a variety of applications, including development of gene functional research, drug screening, and biologics. As many blockbuster drugs contain biologics, these cell line innovations have recently gained traction. Transfecting targeted host cells, such as CHO or HEK 293 cells, with specified plasmids is a typical first step in creating stable cell lines.

Key Findings of Market Report

· FDA-approved, Easy to Handle CHO Cells to Remain Important in Biological Therapeutics

The development of the global biotherapeutics cell line development market is directly influenced by the progress of the protein pharmaceutical sector. For a long time, Chinese Hamster (CHO) cells have been considered the most common expression system for the production of biotherapeutics cell line, since it is FDA-approved, thus making regulatory clearance simple. Furthermore, these biotherapeutics cell lines can grow in suspension, tolerant to viral infection, and simpler to handle. These factors are projected to have a significant impact on the growth of the global biotherapeutics cell line development market in the near future.

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Increasing Government Initiatives to Improve Pharmaceutical and Biotechnology Sector to Spell Growth
Biopharmaceutical components are predominantly found in newly announced blockbuster medications. Due to the increased need for biotherapeutics and biosimilar pharmaceuticals, the global biotherapeutics cell line development market has been growing. In 2017, the US FDA cleared 34 small molecule drugs and 12 biologics, whereas in 2018, the number of small molecule drug and biologics clearances grew to 42 small molecule new drug and 17 biologics approvals. In addition, the market is also driven by increase in the elderly population and incidence of illnesses. The global biotherapeutics cell line development market is also driven by government initiatives to improve biotechnology and pharmaceutical industries, as well as the development of sophisticated technologies to meet the increased demand for monoclonal antibodies.

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Biotherapeutics Cell Line Development Market: Growth Drivers

The single cell cloning segment to attract opportunities due to increasing usage of tools such as FACS and ClonePix
Many companies in this market are focused on developing novel technologies that will allow them to produce and manufacture a variety of revolutionary biopharmaceuticals, such as gene therapy vectors and complicated therapeutic cell lines
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