Overview and Scope
Cell line development is the process of creating immortalized cell cultures derived from a particular cell type, typically from a specific organism or tissue. These cell lines are cultivated under controlled laboratory conditions and can be perpetually grown and replicated.
Sizing and Forecast
The cell line development market size has grown rapidly in recent years. It will grow from $7.16 billion in 2023 to $8.21 billion in 2024 at a compound annual growth rate (CAGR) of 14.7%. The growth in the historic period can be attributed to increased vaccine production, increased aging population, and increased clinical trails.
The cell line development market size is expected to see rapid growth in the next few years. It will grow to $14.25 billion in 2028 at a compound annual growth rate (CAGR) of 14.8%. The growth in the forecast period can be attributed to increasing prevalence of cancer, increasing prevalence of chronic diseases, incresing government investments in healthcare. Major trends in the forecast period include partnerships, investments, and product innovations.
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The cell line development market covered in this report is segmented –
1) By Product : Reagents And Media, Equipment , Accessories And Consumables
2) By Source: Mammalian, Non-Mammalian
3) By Cell Line: Recombinant, Hybridomas, Continuous Cell Line, Primary Cell Line
4) By Application: Bioproduction, Drug Discovery, Toxicity Testing, Tissue Engineering, Research
North America was the largest region in the cell line development market in 2023. The regions covered in the cell line development market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
An increase in increasing prevalence of cancer is expected to propel the growth of cell line development going forward. Cancer is a term used to describe a group of diseases characterized by the uncontrolled growth and spread of abnormal cells in the body. The cancer has been rising with pre dominant factors related to population growth and aging, lifestyle choices, obesity, and genetical factor. Cell lines provide a platform for screening potential drug for their efficacy in treating chronic diseases. Researchers are exposed to various compounds and observe its effects, helping them to identify promising drug compound for further development. For instance, in February 2024, according to the World Health Organization, a Switzerland-based government organization, over 35 million new cancer cases are expected by 2050, a 77% surge from the estimated 20 million cases in 2022. Therefore, an increasing prevalence of cancer drives the cell line development market.
Key Industry Players
Major companies operating in the cell line development market are Thermo Fisher Scientific Inc., Novartis AG, Danaher Corporation, Merck KGaA, GE Health Care, AGC Biologics, Corning Inc., Eurofins Scientific, Lonza Pvt. Ltd., WuXi App tech, Sartorius AG, GenScript Biotech Corporation, FUJIFILM Diosynth Biotechnologies, Promega corporation, KBI Biopharma Inc., Rentschler Biopharma SE, Advanced Instruments LLC, Cyagen, Horizon Discovery Group Plc, Probiogen AG, PromoCell GmbH, Premas Biotech, Imgenex, NAEJA RGM Pharmaceuticals Inc
The cell line development market report table of contents includes:
1. Executive Summary
2. Cell Line Development Characteristics
3. Cell Line Development Trends And Strategies
4. Cell Line Development – Macro Economic Scenario
5. Global Cell Line Development Size and Growth
…..
32. Global Cell Line Development Competitive Benchmarking
33. Global Cell Line Development Competitive Dashboard
34. Key Mergers And Acquisitions In The Cell Line Development
35. Cell Line Development Future Outlook and Potential Analysis
36. Appendix
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