Global Cell Line Development Market 2023-2027
The cell line development market is forecasted to grow by USD 6,200.19 mn during 2022-2027, accelerating at a CAGR of 14.09% during the forecast period. The report on the cell line development market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased demand for monoclonal antibodies, patent expiration of drugs, and rise in vaccines production.
Technavio's cell line development market is segmented as below:
- Media and reagents
By Geographical Landscape
- North America
- Rest of World (ROW)
This study identifies the adoption of laboratory automation as one of the prime reasons driving the cell line development market growth during the next few years. Also, emergence of data integration and artificial intelligence (AI) and advancements in genetic engineering techniques will lead to sizable demand in the market.
The report on the cell line development market covers the following areas:
- Cell line development market sizing
- Cell line development market forecast
- Cell line development market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cell line development market vendors that include ATCC, Boehringer Ingelheim International GmbH, Corning Inc., Danaher Corp., DNA TwoPointO Inc., General Electric Co., JSR Corp., Lonza Group Ltd., MabPlex International Ltd., Premas Biotech, Promega Corp., Sartorius AG, Thermo Fisher Scientific Inc., and WuXi Biologics Cayman Inc. Also, the cell line development market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.