Cell Line Development Market Size is Determined to cross a value of $ USD 5 million by 2028

By Ashwin Naphade  | Date: November 03, 2022

Cell Line Development Market Size is Determined to cross a value of $ USD 5 million by 2028

As per recent citations, Global Cell Line Development Market size is projected to grow by USD 5 million from 2022 to 2028, registering a CAGR of 11.7 percent, according to a new report. Cell line development is a major step for examining the efficiency of drug discovery, toxicity and in vitro testing. It reduces time, effort and cost, which minimises the chance of research drugs failing at the clinical trial stage.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global cell line development market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the cell line development industry.

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This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, source, type, application, and region. The global market for cell line development can be segmented by product: equipment, media and reagents. The media and reagents segment was the largest contributor to the global cell line development market in 2021. Cell line development market is further segmented by source: mammalian, non-mammalian. According to the research, the mammalian segment had the largest share in the global cell line development market. Based on type, the cell line development market is segmented into: continuous cell lines, hybridomas, primary cell lines, recombinant cell lines. On the basis of application, the cell line development market also can be divided into: bioproduction, drug discovery, tissue engineering, others. Cell line development market by region is categorized into: Asia Pacific, Europe, North America, Rest of the World (RoW).

By product:

- equipment

- media and reagents

By source:

- mammalian

- non-mammalian

By type:

- continuous cell lines

- hybridomas

- primary cell lines

- recombinant cell lines

By application:

- bioproduction

- drug discovery

- tissue engineering

- others

By region:

- Asia Pacific

- Europe

- North America

- Rest of the World (RoW)

The report explores the recent developments and profiles of key vendors in the Global Cell Line Development Market, including  BioFactura, Inc., Corning Incorporated, Fujifilm Diosynth Biotechnologies, GE Healthcare, Horizon Discovery Group plc, LakePharma, Inc. (Curia Global, Inc.), Lonza Group AG, Merck KGaA, Rentschler Biopharma SE, Sartorius AG, Selexis SA (JSR Corporation), Thermo Fisher Scientific Inc., WuXi AppTec Co., Ltd., among others.

Questions And Answers: Global Cell Line Development Market

Q1. What is the CAGR that the Cell Line Development Market is expected to register through the projected duration?

Answer: The Cell Line Development Market is likely to register a CAGR of 11.7% over the forecast period.

Q2. How much is the Cell Line Development Market expected to be worth by the end of the year 2028?

Answer: Cell Line Development Market is likely to surpass a mammoth of USD 5 billion by the end of 2028.

Q3. Which Are the Key Players in Global Cell Line Development Market?

Answer: BioFactura, Inc., Corning Incorporated, Fujifilm Diosynth Biotechnologies, GE Healthcare, Horizon Discovery Group plc, LakePharma, Inc. (Curia Global, Inc.), Lonza Group AG, Merck KGaA, Rentschler Biopharma SE, Sartorius AG, Selexis SA (JSR Corporation), Thermo Fisher Scientific Inc., WuXi AppTec Co., Ltd., among others.

For More Details on This Report: https://www.marketstudyreport.com/reports/global-cell-line-development-market-2022-2028         

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About Author

Ashwin Naphade     ibmag.com

Ashwin Naphade

Ashwin is into digital marketing since the last 2 years and has worked on multiple projects across various industries. He likes posting information and knowledge on multiple topics with an objective to create online visibility as well as share his inputs. His interest...

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