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Cell Line Development Market Trends

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

Cell Line Development Market Trends

The increase in the prevalence of cancer in low-income and middle-income countries is one of the major factors driving the cell line development market share. According to the International Agency of Cancer Research, in 2020, 9,503,710 new cancer cases were found in Asia. Aging, global warming, and unhealthy lifestyle lead to physiological changes triggering cancer. The cell line development plays an important role in development of therapeutic monoclonal antibodies and novel-antibody based therapies. Thus, rise in various types of cancer, acceptance of targeted therapies, and technological advancements in cell line development will upsurge the business growth.

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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