PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1320152
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1320152
Cell Banking Outsourcing Market with COVID-19 Impact Analysis, By Product Type, By Cell Type, By Phase, By Country, and By Region - Industry Analysis, Market Size, Market Share & Forecast from 2023-2030
REPORT HIGHLIGHT
Cell Banking Outsourcing Market size was valued at USD 9,701.4 Million in 2022, expanding at a CAGR of 17.9% from 2023 to 2030.
Cell banking outsourcing is the practice of contracting out the establishment, operation, and storage of cell banks to external firms or service providers. Cell banks are collections of cell lines or cell cultures used in biopharmaceutical research, drug development, regenerative medicine, and bio-production. Cell banking outsourcing enables businesses to benefit from the experience and infrastructure of specialist service providers. These service providers have substantial experience in cell banking processes such as cell line generation, characterization, cryopreservation, and storage. Cell banking outsourcing offers businesses flexibility and scalability. Outsourcing enables simple scaling up or down without the requirement for large capital investments when the demand for mobile banking services varies.
Cell Banking Outsourcing Market- Market Dynamics:
Increasing adoption of stem cell therapies and growing demand for monoclonal antibodies along with effective biopharmaceuticals are the major factors, driving growth of the market.
In the field of regenerative medicine and disease treatment, stem cell therapies are gaining a lot of focus. With their capacity to differentiate into a variety of cell types, stem cells can be employed to create cutting-edge treatments for diseases like cancer, cardiovascular problems, neurological issues, and more. The development and production of stem cell-based therapies require robust cell banking processes to ensure a consistent and reliable supply of cells. In 2020, an estimated 1,806,590 new cases of cancer will be diagnosed in the United States and 606,520 people will die from the disease, according to the national cancer institute. Thatswhy, the use of monoclonal antibodies (mAbs) in the treatment of a wide range of illnesses, such as cancer, autoimmune conditions, and infectious diseases, has become essential. The increasing demand for biopharmaceuticals and stem cell therapies, and the complex regulatory landscape are the factors that provide growth opportunities for the market. However, the High cost of storing cells restricted the growth of the market.
Cell Banking Outsourcing Market- Key Insights:
- As per the analysis shared by our research analyst, the global Cell Banking Outsourcing market is estimated to grow annually at a CAGR of around 17.9% over the forecast period (2023-2030)
- The Cell Banking Outsourcing industry is projected to grow at a significant rate due to the growing awareness of sustainable growth
- Based on Product type segmentation, Master Cell Banking was predicted to show maximum market share in the year 2022
Cell Banking Outsourcing Market- Segmentation Analysis:
Cell Banking Outsourcing Market- Geographical Insights:
Cell Banking Outsourcing Market- Competitive Landscape:
Recent Developments:
Key features of the study:
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL CELL BANKING OUTSOURCING MARKET KEY PLAYERS
GLOBAL CELL BANKING OUTSOURCING MARKET, BY CELL TYPE
GLOBAL CELL BANKING OUTSOURCING MARKET, BY PHASE
GLOBAL CELL BANKING OUTSOURCING MARKET, BY DISTRIBUTION
GLOBAL CELL BANKING OUTSOURCING MARKET, BY REGION
Table of Contents
1. Cell Banking Outsourcing Market Overview
- 1.1. Study Scope
- 1.2. Market Estimation Years
2. Executive Summary
- 2.1. Market Snippet
- 2.1.1. Cell Banking Outsourcing Market Snippet by Product Type
- 2.1.2. Cell Banking Outsourcing Market Snippet by Cell Type
- 2.1.3. Cell Banking Outsourcing Market Snippet by Phase
- 2.1.4. Cell Banking Outsourcing Market Snippet by Country
- 2.1.5. Cell Banking Outsourcing Market Snippet by Region
3. Cell Banking Outsourcing Key Market Trends
4. Cell Banking Outsourcing Industry Study
5. Cell Banking Outsourcing Market: COVID-19 Impact Analysis
6. Cell Banking Outsourcing Market Landscape
7. Cell Banking Outsourcing Market - By Product Type
8. Cell Banking Outsourcing Market - By Cell Type
9. Cell Banking Outsourcing Market - By Phase
10. Cell Banking Outsourcing Market- By Geography
11. Key Vendor Analysis- Cell Banking Outsourcing Industry
12. 360 Degree Analyst View
13. Appendix
List of Tables
- TABLE List of data sources
- TABLE Market drivers; Impact Analysis
- TABLE Market restraints; Impact Analysis
- TABLE Cell Banking Outsourcing Market: Product Type Snapshot (2022)
- TABLE Segment Dashboard; Definition and Scope, by Product Type
- TABLE Global Cell Banking Outsourcing Market, by Product Type 2018-2030 (USD Million)
- TABLE Cell Banking Outsourcing Market: Cell Type Snapshot (2022)
- TABLE Segment Dashboard; Definition and Scope, by Cell Type
- TABLE Global Cell Banking Outsourcing Market, by Cell Type 2018-2030 (USD Million)
- TABLE Cell Banking Outsourcing Market: Phase Snapshot (2022)
- TABLE Segment Dashboard; Definition and Scope, by Phase
- TABLE Global Cell Banking Outsourcing Market, by Phase 2018-2030 (USD Million)
