Cell Line Development Market Trends

  • Report ID: 713
  • Published Date: Sep 03, 2024
  • Report Format: PDF, PPT

Cell Line Development Market Trends

Growth Drivers

  • Rising Burden of Osteoporosis

According to the International Osteoporosis Foundation, every year, osteoporosis causes more than 8.9 million fractures worldwide, culminating in an osteoporosis fracture every 3 seconds.

To deal with growing osteoporosis monoclonal antibodies are prepared which is known are stimulating antibodies in patient. Hence owing to this the market is expected to boost in the forecast period.

  • Growing Risk of Coronavirus

As of February 2022, there had been approximate 5 million confirmed deaths due to the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) worldwide, which has caused over 400 million cases.

  • Increasing Risk of Cancer Causing Disease

According to the World Health Organization, about 30% of cancer cases in low- and lower-middle-income nations are caused by cancer-causing diseases such the human papillomavirus (HPV) and hepatitis.

  • Growing Nervous Systems Disorder Cases

According to the European Academy of Neurology, over the past 30 years, the incidence of deaths from neurological disorders has climbed by approximately 40%, with 1 in 3 persons experiencing a neurological ailment at some point in their lives.

  • Cell Line Development Based On Mammalian Cell Culture

Mammalian cell culture has recently become essential to the biomanufacturing of viral vaccines and therapeutic proteins. Through viral infection, these cells create vaccines, and through genetic engineering, they produce therapeutic proteins.

Challenges

  • Inability to Produce or Develop a Stable and Authentic Cell
  • Low Transfection Efficiency
  • Integration Frequency

Cell Line Development Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

10.1%

Base Year Market Size (2023)

USD 5.44 billion

Forecast Year Market Size (2036)

USD 19 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 713
  • Published Date: Sep 03, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of cell line development is evaluated at USD 5.88 billion.

Cell Line Development Market size was over USD 5.44 billion in 2023 and is poised to cross USD 19 billion by 2036, witnessing more than 10.1% CAGR during the forecast period i.e., between 2024-2036. The market growth is propelled by rising burden of osteoporosis, growing risk of coronavirus, increasing risk of cancer, and others.

North America is set to hold highest industry share of 40% by 2036, backed by increasing investments and funds made available to manufacturing businesses and academic & research institutions to develop cell line-based end products like precision medicine and other treatments.

The major players in the market are Lonza Group Ltd., Thermo Fisher Scientific, Corning Incorporated, General Electric Company, and more.
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