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.
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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: [email protected]
Tel. 972.636.5056
Cell: 303.775.0751
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