Dublin, Jan. 05, 2024 (GLOBE NEWSWIRE) — The “Cell Line Development: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global market for Cell Line Development estimated at US$7.5 Billion in the year 2022, is projected to reach a revised size of US$14.7 Billion by 2030, growing at a CAGR of 8.9% over the analysis period 2022-2030. Reagents & Media, one of the segments analyzed in the report, is projected to record 9.5% CAGR and reach US$8.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Equipment segment is readjusted to a revised 8.4% CAGR for the next 8-year period.
The U.S. Market is Estimated at $2.3 Billion, While China is Forecast to Grow at 8.2% CAGR
The Cell Line Development market in the U.S. is estimated at US$2.3 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$2.5 Billion by the year 2030 trailing a CAGR of 8.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.2% and 7.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.1% CAGR.
Select Competitors (Total 44 Featured) –
- Abzena PLC
- American Type Culture Collection (ATCC)
- Apath LLC
- Bioceros
- Catalent, Inc.
- CELLforCURE
- Cobra Biologics
- Corning, Inc.
- Cyagen US Inc.
- Cytovance Biologics
- Epistem Holdings PLC
- EuBiologics Co., Ltd.
- GE Healthcare
- GVK Biosciences Private Limited
- Hitachi Chemical Advanced Therapeutics Solutions, LLC
- Lonza Group Ltd.
- MilliporeSigma
- NAEJA-RGM Pharmaceuticals, Inc.
- Paragon Bioservices, Inc.
- Patheon, Inc.
- Promocell GmbH
- Samsung BioLogics
- Sartorius AG
- Selexis SA
- Thermo Fisher Scientific, Inc.
- WuXi AppTec
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 193 |
| Forecast Period | 2022 – 2030 |
| Estimated Market Value (USD) in 2022 | $7.5 Billion |
| Forecasted Market Value (USD) by 2030 | $14.7 Billion |
| Compound Annual Growth Rate | 8.8% |
| Regions Covered | Global |
A selection of companies mentioned in this report includes
- Abzena PLC
- American Type Culture Collection (ATCC)
- Apath LLC
- Bioceros
- Catalent, Inc.
- CELLforCURE
- Cobra Biologics
- Corning, Inc.
- Cyagen US Inc.
- Cytovance Biologics
- Epistem Holdings PLC
- EuBiologics Co., Ltd.
- GE Healthcare
- GVK Biosciences Private Limited
- Hitachi Chemical Advanced Therapeutics Solutions, LLC
- Lonza Group Ltd.
- MilliporeSigma
- NAEJA-RGM Pharmaceuticals, Inc.
- Paragon Bioservices, Inc.
- Patheon, Inc.
- Promocell GmbH
- Samsung BioLogics
- Sartorius AG
- Selexis SA
- Thermo Fisher Scientific, Inc.
- WuXi AppTec
For more information about this report visit https://www.researchandmarkets.com/r/3j8qqm
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- Global Market for Cell Line Development
