The cell line development and characterization services markets are projected to be worth over USD 12 – GlobeNewswire

London, July 14, 2021 (GLOBE NEWSWIRE) -- Roots Analysis has announced the addition of Cell Line Development and Characterization Services Market, 2020- 2030 report to its list of offerings.

The development and characterization of cell lines is both technically challenging and financially demanding; as a result, drug developers and academic institutions are becoming increasingly reliant on contract service providers, which have the necessary infrastructure and the adequate skillset to carry out advanced genetic engineering and routine analytical procedures in minimum time with reduced chances of failure.

To order this 400+ page report, which features 150+ figures and 200+ tables, please visit https://www.rootsanalysis.com/reports/cell-line-development-and-characterization-services.html

Key Market Insights

Presently, more than 220 players claim to offer services for the development of cell linesNearly 90% of the aforementioned players provide services for the development of mammalian cell lines, while more than half the companies mentioned in the report (55%) have the necessary expertise to develop microbial expression systems.

Over 80 companies presently offer different types of cell line characterization services

Close to 83% of the abovementioned players are capable of assessing cell line identity / stability. Among available bioanalytical assays, DNA fingerprinting / profiling is currently the most widely used technique in this field. For biosafety testing, majority (37%) of the firms claim to offer tests for the detection of mycoplasma; of these, nearly 25% also offer mycoplasma clearance services.

There are 60+ non-industry players with cell line characterization capabilities

Nearly 90% of these entities offer STR-based cell line authentication services, with majority (43%) of them using Promegas GenePrint 10 System to create human genetic profiles.

Partnership activity in this domain has grown at a CAGR of 18%, between 2015 and 2020More than 330 partnership deals have been signed between industry stakeholders and sponsors in the given time period; majority of the deals were licensing agreements (23%), followed by mergers and acquisitions (18%). In 2020, nearly 30% of the established agreements were focused on R&D, manufacturing, licensing, commercialization, and distribution and supply of vaccines against the SARS-CoV-2 viral strain.

The cell line development services market is anticipated to be worth over USD 5.3 billion by 2030At present, the highest share of service revenues (82%) is estimated to be generated from development projects involving mammalian cell lines; this trend is unlikely to change in the foreseen future as well. Further, majority of the market opportunity (80%) in 2030 is expected to be generated from GMP projects, focused on biotherapeutic production.

The cell line characterization services market is projected to grow at a CAGR of ~25% till 2030

In 2030, the highest share of the market (in terms of service revenues) is anticipated to be captured by North America (50%), followed by Europe (26%). In is worth mentioning that the service revenues in the Middle East and North Africa, and Latin America, are expected to grow at a relatively higher rate (CAGR >15%) between 2020 and 2030.

To request a sample copy / brochure of this report, please visithttps://www.rootsanalysis.com/reports/cell-line-development-and-characterization services/request-sample.html

Key Questions Answered

The USD 5.3 billion (by 2030) financial opportunity within the cell line development services market has been analyzed across the following segments:

The USD 7.0 billion (by 2030) financial opportunity within the cell line characterization market has been analysed across the following segments:

The report features inputs from eminent industry stakeholders, according to whom, the competition within the cell line-related services market is expected to grow significantly, resulting in a corresponding increase in overall market value in the foreseen future. The report includes detailed transcripts of discussions (in reverse chronological order) held with the following individuals:

The report includes detailed profiles of key players (listed below), each featuring an overview of the company, its financial information (if available), a description of the service(s) offered, details of recent developments related to cell line development and characterization offerings, along with an informed future outlook.

For additional details, please visithttps://www.rootsanalysis.com/reports/cell-line-development-and-characterization-services.htmlor emailsales@rootsanalysis.com

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The cell line development and characterization services markets are projected to be worth over USD 12 - GlobeNewswire