The global cell banking outsourcing market is projected to grow at a CAGR of 14%-18% during 2020-2026. The growth of cell banking outsourcing market is driven by growing demand for gene therapy, stem cell therapy, biopharmaceutical production, and increasing prevalence of oncology associated diseases and other infectious chronic disorders.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the cell banking outsourcing market
by bank type (master cell banking, working cell banking, and viral cell banking),
cell type (stem cell banking (cord stem cell, embryonic stem cell, adult stem
cell, dental stem cell, and IPS stem cell) and
non-stem cell), phase (bank preparation, storage, characterization &
testing, safety testing, viral, microbial banks, gene expression, karyology,
and gene sequencing testing), and region (North America, Europe, Asia Pacific,
and Rest of the World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the cell banking outsourcing market?
Q.4 What are some
changing demands of customers in the cell banking outsourcing market?
Q.5 What are the new
developments in the cell banking outsourcing market? Which companies are
leading these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this cell banking outsourcing area and
how big of a threat do they pose for loss of market share via product
substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this cell banking outsourcing market?
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Market Segmentation:
Based on bank type, the cell
banking outsourcing market is segmented into master cell banking, working cell
banking, and viral cell banking. The master cell banking segment accounted for
the largest share of the market in 2020 due to longer duration of preservation
of cells.
North America is
expected to be the largest region over the forecast period due to a large
number of pharmaceutical and biotechnology companies in the region, the
presence of a well-established healthcare market, and rising production of
vaccines, therapeutic proteins, and antibiotics.
Key Players in the cell banking
outsourcing market are BioReliance, BioOutsource (Sartorious), BSL Bioservice, Cleancells,
Charles River Laboratories, Covance, GlobalStem, Goodwin Biotechnology, Lonza,
and Texcell.
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The
report helps stakeholders understand the pulse of the market and provides them
with information on key drivers, restraints, challenges, and opportunities for
market growth. It would also help to understand the competitors better and gain
more insights to improve their position in the business.
To read more about this market please click on
https://www.lucintel.com/cell-banking-outsourcing-market.aspx
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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