Cell Lines Market Crucial Study of Industry, Top Players and Forecasts till 2022

Posted on 2018-01-16 by Mark Hub in Healthcare // 0 Comments

Rockville, US, 2018-Jan-16 — /EPR Network/ — Cell lines are used in several biological processes and have many uses in research pertaining to cell biology, biochemistry, cancer diagnostics, molecular biology and drug discovery. They offer several advantages such as cost effective, ease in use, and also provide pure cell population which is essential since it provides reproducible results and consistent sample. Various factors influence the global cell lines market. Some factors which have a direct positive impact on the cell lines market include, the extensive use of cell lines in drug discovery, development new technologies have resulted in expanding the uses of cell lines to identify and treat various ailments, cell lines being extensively used to treat cancer as the rate of cancer is growing in both developed and emerging economies, and the increased investment in research and development has boosted the growth of the cell lines market.

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Cell lines are primarily used to study biologics. A cell line is a permanently established cell culture which proliferates indefinitely given fresh medium and space. A cell culture is developed from a single cell and hence consists of an unchanging genetic makeup. There are different types of cell lines which have their origin from different cell types such as hela cells, HEK 293 cells, vero cells, 3T3 cells etc. Cell lines are also used in molecular biology and cancer treatment.

4 Forecast Highlights on Global Cell Lines Market

1) Basic research segment by application is anticipated to dominate the market by reflecting a higher market share of 58.7%. The drug discovery and development segment, on the other hand, is anticipated to reflect a highest growth rate as compared to other segments within the application category. However, the forensic testing segment is expected to show a sluggish growth rate during the period of forecast

2) North America region shows a higher market attractiveness and is the most lucrative region for the global cell lines market. The North America region is anticipated to grow at a CAGR of 3.3% during the forecast period of 2017 to 2022. The main reason is the advancement in technology in this region. This coupled with an increase in the investment made on the research and development only adds to the lucrative nature of North America region. Growing innovations in drug delivery along with increasing biopharmaceutical companies and academic and research institutes in North America contribute to the growth in the use of cell lines in this region, thus making it more attractive

3) By product, the cancer cell lines segment reflects a higher market revenue share and reflects dominance over other segments in this category. On the other hand, ion channel cell lines are expected to grow at the higher pace comparatively to reflect growth at the CAGR of 3.8% during the period of forecast, 2017 to 2022. The cancer cell lines segment is expected to experience a higher gain in the BPs by the end of 2022 followed by the GPCR cell lines segment which is anticipated to be the second fast growing segment after ion channel cell line segment

4) The biopharmaceutical companies segment is expected to grow a shade slower than the contract research organizations (CRO) segment, yet reflects a higher market share by revenue than the CRO segment. The contract research organizations segment is anticipated to grow at a CAGR of 3.7% during the period of forecast. The academic and research institutes segment enjoys the highest market share by revenue as of 2017 and hence dominates the market by end user, however, it grows at a slow rate as compared to biopharmaceutical companies segment

Cancer Cell Lines Show Dominance During the Period of Forecast

The cancer cell lines segment by product type reflects higher market share by revenue as of 2017 and this trend is expected to grow to retain this segment’s domination over other segments during the forecast period. Following this, the immunotherapy cell lines segment shows a comparatively high market revenue share than other segments present in the product type category. However, ion channel cell lines segment is anticipated to grow at a higher growth rate than other product segments to register a CAGR of 3.8% during the period of forecast of 2017 to 2022.

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Basic Research Shows higher Strength, Drug Discovery and Development Shows Speed

The basic research segment by application is expected to dominate the global cell lines market by application and reflects a market share of 58.7% in 2017 and is expected to grow even further by the end of 2022. However, the drug discovery and development segment might give a tough competition to basic research as it grows at a higher rate and might be able to reach a higher market share value by the end of 2022. The drug discovery and development segment is also expected to experience a high gain in the BPs by the end of 2022.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of the global cell lines market through 2022, which include Thermo Fisher Scientific, Inc., American Type Culture Collection Inc., Corning Incorporated, Lonza Group Ltd., Sartorius AG, Selexis SA, WuXi AppTec Co., Ltd., Sigma-Aldrich Corporation, General Electric Company and Abzena plc.

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