Global Cell Line Development Market is valued approximately USD 4.21 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 13.40 % over the forecast period 2020-2027. The cell line is an established cell culture where the cell multiply in apt growth medium and space. The cell lines provide stepwise alternations in the physiology, structure and genetic makeup of the cells. Cell line development requires the discovery of single cell-derived clones that produce high and consistent levels of the target therapeutic protein. Cell lines are one of the chief tools used in research for studying the effects of drugs and toxic compounds on the cells , the biochemistry and normal physiology of cells, drug screening and development and large scale manufacturing of biological compounds. The application for cell lines includes research, bioproduction and diagnostics drives the market growth. Also, increasing demand for monoclonal antibodies and patent expiration of blockbuster biologics are expected to drive the cell line development industry over the forecast period. Further, increasing prevalence of autoimmune diseases and cancer is likely to increase the demand for accurate and cost-effective treatment options which is expected to render a positive impact on market growth. Moreover, rising vaccine production and growing demand for biosimilars foster the market growth. As in September 2020, Slentim launched a new workflow for single cell cloning of stem cells. the combination of Solentium's VIPS instrument and new MatriClone Matrix demonstrates a 4 to 5- fold improvement in cloingcloning efficiency. While in the Same month, Octapharma announced to have selected Genedata's Selector as its Central computational platform to streamline genomics- based cell line development and cell culture optimization workflow. However, High capital cost impedes the growth of the market over the forecast period of 2020-2027. Although, high investments in R&D presents a lucrative opportunity for the market.

The regional analysis of global Cell Line Development market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the large base of biopharmaceutical companies and research and academic institutes in the region along with swelling research programs. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rapidly improving health care facilities would create lucrative growth prospects for the Cell Line Development market across Asia-Pacific region.

Major market player included in this report are:
American Type Culture Collection (ATCC)
Lonza Group AG
Thermo Fisher Scientific Inc
GE Healthcare
Sigma-Aldrich Corporation
Selexis SA
European Collection of Cell Cultures (ECACC)
Corning, Inc
WuXi AppTec, Inc
Sartorious AG
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Equipment
Media
Reagents
By Type:
Primary Cell Lines
Continuous Cell Lines
Hybridomas
Recombinant Cell Lines
By Application:
Bioproduction
Tissue Engineering & Regenerative medicine
Toxicity Testing
Research
Drug Discovery
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2017, 2018
Base year - 2019
Forecast period - 2020 to 2027

Target Audience of the Global Cell Line Development Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors