According to the new market research report “Cell Line Development Market by Product (Equipment, Media and Reagents), by Source, by type, by Application ( Bioproduction, Tissue Engineering & Regenerative medicine, Toxicity Testing, Research, Drug Discovery) – Analysis & Global Forecast to 2019„, published by MarketsandMarkets™, analyzes and studies the major market drivers, threats, opportunities, and challenges.
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The global cell line development market is segmented on the basis of products, sources, types of cell lines, applications, and geographies. Based on products, the global market is categorized into equipment and media and reagents. The media and reagents segment is further divided into serum, media, and reagents.
The cell line development market, by type of cell lines is segmented into primary cell lines, continuous cell lines, hybridomas, and recombinant cell lines. On the basis of source, the market is segmented into mammalians, insects, and amphibians. On the basis of applications, the market is segmented into bioproduction, tissue engineering and regenerative medicine, toxicity testing, research, and drug discovery
Bioproduction, tissue engineering and regenerative medicine, toxicity testing, research, and drug discovery are the key application areas of cell lines. Bioproduction is expected to account for a major share among the application areas in the cell line development market.
On the basis of geography, the market is divided into North America, Europe, Asia, and Rest of the World (RoW). Rest of the World comprises of Latin America, Pacific countries, and Africa. North America holds the largest in the cell line development market, followed by Europe and Asia. However, the Asian market is slated to grow at the highest CAGR in the coming five years and serves as a revenue pocket for cell line manufacturers.
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Some of the major players in the global cell line include American Type Culture Collection (ATCC) (US), Lonza Group AG (Switzerland), Thermo Fisher Scientific, Inc. (US), GE Healthcare (UK), Sigma-Aldrich Corporation (US), Selexis SA (Switzerland), European Collection of Cell Cultures (ECACC) (UK), Corning, Inc. (US), WuXi AppTec, Inc. (China), and Sartorious AG (Germany).
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