Albany, NY, Jan. 11, 2016 (GLOBE NEWSWIRE) -- According to a new market report published by Transparency Market Research “Biotherapeutics Cell Line Development Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2022”, the global biotherapeutics cell line development market was valued at US$56.03 mn in 2014 and is anticipated to expand at a CAGR of 7.5% from 2015 to 2022 to reach US$99.84 mn by 2022.
Browse Market Research Report on Biotherapeutics Cell Line Development Market: http://www.transparencymarketresearch.com/biotherapeutics-cell-line-development-market.html
The demand for biotherapeutics is continuously increasing, because many biopharmaceutical drugs are reaching later stage clinical trials. Most biotherapeutic drugs are recombinant monoclonal antibodies which are widely produced in mammalian cell lines because of the need for post-translational modifications that should be alike or at least similar to those obtained in humans. Thus, there is an increase in the market for cell line development. Moreover, advancements in upstream processing technologies have led to improvement in speed and efficiency of generating robust and highly productive cell line for large scale production of protein therapeutics and has propelled the market for cell line development.
Increasing proportion of geriatric population across the globe and prevalence of various diseases among them are the major factors driving the market. Moreover, increase in the demand for monoclonal antibodies across the globe is another factor driving the market for biotherapeutics cell line development.
The global biotherapeutics cell line development market is segmented by process, by cell line development option and by geography. The market by process segment has been sub-segmented as transfection and single cell cloning. The single cell cloning market is further segmented by method as manual limited dilution cloning, FACS, ClonePix and Others. The market by CLD option is segmented as In-house, outsource, hybrid and do-it-yourself. The ClonePix accounted for the largest market share of 37.4% in 2014. Due to high throughput nature of the ClonePix, this method is widely adopted and the market is further expected to grow in the coming years. Due to the trend of outsourcing in this market, the market for outsourcing is expected to grow at the highest rate in coming years.
Major players in this market are Beckton Dickinson & Company (U.S.), Beckman Coulter (U.S.), BoehringerIngelheim Group (Germany), Catalent Inc. (U.S.), CMC Biologics A/S (Denmark), Lonza Group Ltd. (Switzerland), EMD Millipore (U.S.), Partec (Sysmex Corporation) (Japan), ProBioGen AG (Germany), Selexis SA (Germany), Sigma-Aldrich Co. LLC. (U.S.), Sony Biotechnology Inc. (U.S.), and Thermo Fisher Scientific Inc. (U.S.).
The Global Biotherapeutics Cell Line Development Market has been segmented as follows:
- Global Biotherapeutics Cell Line Development Market, by Process
- Transfection & Selection
- Single Cell Cloning
- Manual limited dilution cloning
- Global Biotherapeutics Cell Line Development Market, by CLD Option
- Do-It-Yourself (DIY)
- Global Medical Cameras and Microscopes Market, by Geography
- North America
- Asia Pacific (APAC)
- Latin America (LATAM)
- Middle East & Africa
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Transparency Market Research (TMR) is a U.S. based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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Source:Transparency Market Research