Cell Line Development Market size to exceed $7.4bn by 2023, with over 13% CAGR growth forecast - PowerPoint PPT Presentation

About This Presentation
Title:

Cell Line Development Market size to exceed $7.4bn by 2023, with over 13% CAGR growth forecast

Description:

Cell Line Development Market Size By Product, By Source, By Cell Line, By Application Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2016 - 2023 – PowerPoint PPT presentation

Number of Views:39

less

Transcript and Presenter's Notes

Title: Cell Line Development Market size to exceed $7.4bn by 2023, with over 13% CAGR growth forecast


1
Cell Line Development Market size to exceed
7.4bn by 2023, with over 13 CAGR growth
forecastGlobal Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Key Insights from Cell Line Development Market
  • Global cell line development market revenue
    pegged at USD 2.81 billion in 2015, and is likely
    to grow with 13 CAGR growth anticipated from
    2016 to 2023.
  • The global cell line development industry space
    was driven by North America, accounting for a
    revenue share of 35 in 2015. Increasing median
    age of the population, rising production of
    vaccines, therapeutic proteins and antibiotics
    are the factors contributing to the overall
    growth of cell line development market in North
    America.Germany, UK and Italy together were
    responsible for over 52 of Europe molecular
    diagnostics market revenue in 2015.
  • The U.S. cell line development market was valued
    at USD 873.8 million in 2015, representing the
    largest market for cell line development. The
    large share can be attributed to high incidence
    of the chronic diseases and increasing adoption
    rates of cell culture techniques.

3
Continued...
  • The overall cell line development market was
    predominantly driven by reagents and media
    segment in 2015. The reagents and media market
    size may see to exceed over USD 1.5 billion in
    2015.
  • The threat of new entry in the market is
    projected to remain low, due to capital intensive
    nature of the market. The market is dominated by
    large players with better financial muscle, and
    strong product portfolios, making it difficult
    for new players to gain entry in the market in
    the forecast period.
  • Presence of potential unmet medical needs, rising
    disposable income levels, and rapidly developing
    healthcare infrastructure in the APAC and LATAM
    should fuel the market growth of these regions.

4
Europe cell line development market size, by
equipment, 2012 - 2023 (USD Million)

5

Browse Full Market Research Report On Cell Line
Development Market _at_ http//goo.gl/maJ9jh
Request for a Sample of this Research
Report _at_ https//www.gminsights.com/request-sample
/detail/429
6
360 Analysis
  • Product Analysis
  • Reagents and media dominated the overall cell
    line development market share in 2015, with over
    USD 1.5 billion. High usage rate of reagents and
    media in application areas such as bio
    production, regenerative medicines, tissue
    engineering, drug discovery, toxicity testing,
    and research is one of the major factors driving
    the growth of this segment. Moreover, reagent and
    media are indispensable component of cell culture
    cell line development process and are cost
    intensive in nature.
  • Regional Analysis
  • North America, driven by U.S. cell line
    development market size is forecast to exceed USD
    2.5 billion by 2023, still remaining the largest
    regional industry. Presence of improved
    healthcare infrastructure, growing demand for
    biologics, and increasing awareness related to
    cell therapy in the region are the key driving
    factors throughout the forecast timeframe.
  • Competitive Market Share
  • Global cell line development market share is
    competitive in nature and dominated by limited
    number of players. Sigma Aldrich Corporation,
    Thermo Fisher Scientific, Inc., GE, and Lonza
    Group AG are predominant industry players. The
    market is marked by presence of extensive product
    offerings and strategic initiatives such as the
    collaborative agreement, in order to maintain
    leadership position.


7
Stay In Touch Website www.gminsights.com Soci
al Media
Write a Comment
User Comments (0)
About PowerShow.com