The demand for cell line development services market is expected to reach a value of USD 6,365.2 million in 2023, marking a significant milestone in the biotechnology sector. Over the following decade, the market is forecasted to double in value, growing at an impressive Compound Annual Growth Rate (CAGR) of 7.4%. By the end of 2033, the market is projected to be valued at an estimated USD 12,957.8 million, according to Future Market Insights.
This extraordinary growth trajectory is fueled by continuous research and technological advancement in the biotechnology sector, driving the demand for innovative cell line development services. With a historical CAGR of 6.5% observed from 2018 to 2022, the market is poised to build upon its solid foundation and reach new heights in the coming years.
Because they make it possible to produce cell lines designated for specific uses such the expression of recombinant proteins, the manufacture of antibodies, and the creation of vaccines, cell line development services are essential to biopharmaceutical research and development. These services, which include cell line banking, engineering, optimization, and characterization, simplify and lower the cost of producing high-quality cell lines for medical and diagnostic applications.
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The biopharmaceutical sector relies on cell line development services to produce vaccines and biologics for a range of therapeutic uses. These services include, among other things, cell line engineering, cell banking, and cell line characterization—all crucial procedures for the creation and production of novel medications.
The market for cell line creation services is expected to grow, and several important factors will make this possible. The significance of efficiency and scalability in cell line development solutions has grown due to the swift progress of biotechnology and the growing demand for biopharmaceuticals. Furthermore, the market’s growth is being supported by the increasing demand for biologic pharmaceuticals due to the increased emphasis on tailored care as well as the rise in infectious and chronic illnesses.
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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