Europe Cell Line Development Market may exceed USD 2.1 billion by 2024

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Europe Cell Line Development Market to reach USD
2.1bn by 2024 Graphical Research
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reserved.


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2

Key Insights from Europe Cell Line Development
Market

• Graphical Research says, Europe Cell Line
  Development Market to reach USD 2.1bn by 2024
• Growing disease burden across the globe is the
  key factor that will drive cell line development
  market growth.
• Rising demand for vaccines and monoclonal
  antibodies in treatment of cancer, autoimmune
  diseases and anti-inflammatory disease will fuel
  demand for cell line cultures.
• Developments in biotechnology industry,
  increasing healthcare expenditure coupled with
  growing adoption of technologically advanced
  products should accelerate the cell line
  development industry growth.
• Technological advancements in cell line
  development products is another major contributor
  for cell line development business growth.
  Availability of automated screening methods,
  enriched medias, disposable equipment and
  improved expression systems for enhancing cell
  line development practices will foster market
  growth.

2018 Graphical Research. All rights
reserved.


www.graphicalresearch.com
3

Continued...

• Reagents and media product segment accounted for
  largest market share of 53.6 in 2017 and is
  projected to show robust growth throughout the
  analysis period.
• Mammalian cell cultures segment was valued at USD
  650.8 million in 2017 and is estimated to show
  similar growth during the forecast period.
• Recombinant cell line type segment is anticipated
  to grow at 12.5 CAGR during the forthcoming
  years. Advent of rDNA technology has drastically
  increased the demand for recombinant cell lines
• Germany cell line development market will grow
  considerably during the forecast period owing to
  increasing disease burden in the region. Growing
  adoption of vaccines and monoclonal antibodies
  will foster cell line development industry
  growth.
• Key industry players operating in Europe cell
  line development market are Selexis, Sartorius,
  Lonza Group, Samsung Biologics, WuXi AppTec, GE
  Healthcare, Thermo Fisher Scientific, The
  European Collection of Cell Cultures,
  Sigma-Aldrich (Merck), GVK BIO, and Progenitor
  Cell Therapy.

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reserved.


www.graphicalresearch.com
4

Browse Full Market Research Report On Europe Cell
Line Development Market _at_ https//bit.ly/2N4VHQC
Request for a Sample of this Research
Report _at_ https//bit.ly/2zs5k88
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reserved.


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