Global Cell Line Development Services Market Set to Soar, Predicted to Reach US$12,957.8 Million in value by 2033 at a 7.4% of CAGR

Cell Line Development Services Market
Cell Line Development Services Market

The global cell line development services market is anticipated to increase dramatically and surpass US$12,957.8 million in value by 2033. According to Future Market Insights (FMI), this projection shows a strong Compound Annual Growth Rate (CAGR) of 7.4%, indicating a significant growth from US$6,365.2 million in 2023.

Cell line development services are crucial to biopharmaceutical research and development because they enable the production of cell lines that are intended for particular applications such as the expression of recombinant proteins, the synthesis of antibodies, and the generation of vaccines. The production of high-quality cell lines for medical and diagnostic purposes is made simpler and more economical by these services, which comprise cell line banking, engineering, optimization, and characterization.

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The biopharmaceutical sector relies heavily on cell line development services to produce vaccines and biologics for a wide range of therapeutic uses. These services cover a variety of procedures that are necessary for the creation and production of novel treatments, such as cell line engineering, cell banking, and cell line characterization.

There are a number of important factors that will contribute to the market for cell line development services’ expected growth. Efficiency and scalability in cell line development solutions are becoming more and more important due to the quick progress in biotechnology and the growing market for biopharmaceuticals. Furthermore, the need for biologic drugs is increased by the rise in infectious and chronic illnesses as well as the growing emphasis on personalized medicine, which supports the market’s expansion.

The increasing frequency of neurological disorders and cancer, coupled with the dearth of effective treatment options for these conditions, have created a need for more advanced and efficient treatment pathways. Companies and government agencies are investing funds in research and development initiatives and focusing more on the generation of cell lines in order to identify novel biological pathways for the synthesis of cutting-edge drugs. The increased research and development spending on biosimilars made by departing biopharmaceutical corporations would be advantageous to the cell line development industry.

Market Competition:

Lonza, MabPlex Inc., Thermo Fisher Scientific, Inc., Solentim Ltd., Sigma-Aldrich Corporation, Selexis, Corning, Inc., Wuxi App Tec, Inc., and Sartorius AG are a few of the major players in the worldwide cell line development services market.

The market is extremely competitive as a result of the large number of participants. Regional players are present in key development regions, especially Asia Pacific, but global players like Lonza, MabPlex Inc., Thermo Fisher Scientific, Inc., and Solentim Ltd. still hold a significant share of the market.

  • In May 2022 – ALSA Ventures, and Lonza, a global development and manufacturing partner to the pharma, biotech and nutrition industries, announced today a framework collaboration agreement to help ALSA’s portfolio of pre-clinical and early clinical biotechs develop and manufacture biologics and small molecule drug candidates.
  • In March 2021 – Pionyr Immunotherupatics collaborated with Lonza to support their oncology product development. Lonza will help Pionyr with cell line development and offer optimal yield and throughput.
  • In June 2022 – WuXi Advanced Therapies and Wugen Inc., announced a partnership to produce Wugen’s WU-NK-101, a novel immunotherapy that harnesses the power of memory natural killer (NK) cells to treat cancers. WuXi ATU will provide manufacturing and testing services for WU-NK-101 to enable the delivery of this innovative cell therapy to cancer patients.

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Key Companies Profiled:

  • Lonza
  • MabPlex Inc.
  • Thermo Fisher Scientific, Inc.
  • Solentim Ltd
  • Sigma-Aldrich Corporation
  • Selexis
  • Corning, Inc
  • Wuxi App Tec Inc.
  • Sartorius AG

Key Segments Profiled in the Cell Line Development Services Industry Survey

By Product Type:

  • Media and Reagents
  • Equipment
  • Others Cell Line Development Service Products

By Type:

  • Primary Services
  • Continuous Services
  • Hybridomas Services
  • Recombinant Cell Line Development Services

By Application:

  • Bioproduction
  • Diagnostics
  • Vaccines
  • Recombinant Protein Therapeutics
  • Tissue Engineering & Regenerative Medicines
  • Drug Discovery
  • Toxicity Testing
  • Pharmaceutical and Biotechnology Research

By Region:

  • North America Market
  • Latin America Market
  • Europe Market
  • Asia Pacific Market
  • Middle East & Africa Market

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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