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Cell Line Development Market Size

  • Report ID: GMI429
  • Published Date: Mar 2022
  • Report Format: PDF

Cell Line Development Market Size

Cell Line Development Market size was valued at around USD 5.8 billion in 2021 and is expected to witness around 10.1% CAGR from 2022 to 2028. Cancer has become more common over the last decade due to changes in food habits, lack of physical activities, and overall lifestyle. Furthermore, technological advancements along with growing vaccine production will increase the demand for cell line development.

 

Additionally, rising innovations in biologics and increased demand for targeted therapies like monoclonal antibodies will further boost the market. The monoclonal antibodies are widely used in treatment of cancer. The World Health Organization (WHO) declared COVID-19 as a pandemic in March 2020. Since then, the mortality rate due to chronic conditions has increased exponentially. Thus, the impact of COVID-19 on the cell line development industry is observed to be positive. The pandemic called for the need of vaccines in a large scale thus boosting the production requiring cell line development procedures.

 

Cell line development is a process of developing highly productive, stable cell lines essential for the production and manufacturing of bio-therapeutics. These are single-celled derived and used to produce vaccines, monoclonal antibodies, and fusion proteins. The development process involves screening thousands of clones to find those that yield a high amount of biproduct and exhibit desired critical quality attributes. These properties of cell lines increase their use in the production of biological drug substances. Such scenarios increase the demand for cell line development.

 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Cell line development market is slated to surpass USD 11.6 billion by 2028 and could grow at a CAGR of about 10.1% from 2022 to 2028 driven by growing vaccine production and constant technological developments.

In 2021, the reagents and media segment captured around 53% of the overall market share and will grow as the product contains supplements and sera that support cell survival, biological function, and proliferation.

The overall market revenue from recombinant cell lines could grow at a CAGR of more than 9.5% over 2022-2028 driven by increasing investment in R&D activities to develop new products and constant technological advancements.

Cell line development market share from bioproduction application was recorded at around USD 2.7 billion in 2021 and will grow owing to soaring expenditure on R&D to produce various biological substances like vaccines, antibiotics, and more.

North America held more than 34% of the global cell line development market share in 2021 owing to novel drug discoveries further encouraging the adoption of different and unique bioproduction procedures.

Cell Line Development Market Scope

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Premium Report Details

  • Base Year: 2021
  • Companies covered: 26
  • Tables & Figures: 351
  • Countries covered: 17
  • Pages: 238
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