Biotherapeutic drug products consist of a variety of active ingredients. These compounds are either synthesised or extracted from biological entities. Interleukins, interferons, and other recombinant DNA technologies are used to create these biotherapeutic drug therapy products. These techniques have a number of advantages, including therapeutic protein and peptide efficacy and safety. Biotherapeutic products have proven to be beneficial in the treatment of a variety of chronic and life-threatening disorders in the past. Hematologic illnesses, autoimmune disorders, cancer, hormone dysregulation, genetic abnormalities, and infectious diseases are among the conditions for which biotherapeutic proteins are used. One of the most important advantages of human cell lines is their capacity to become contaminated in a way that is unique to people.
MARKET SCOPE
The "Global Biotherapeutics Cell Line Development Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the biotherapeutics cell line development market with detailed market segmentation by process, option and application. The report provides key statistics on the market status of the leading biotherapeutics cell line development market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on process the market is segmented as, transfection & selection, Single cell cloning.
- Based on option the market is segmented as, in-house, outsource and hybrid.
- Based on application the market is segmented as, clinical treatment, scientific research and others.
MARKET DYNAMICS
Drivers:
- Increasing prevalence of chronic disorders such as, cancers, rheumatoid arthritis and diabetes.
- Technological advancements in biotherapeutics therapies along with growing demand for biotherapeutics.
- Advancements in biopharmaceutical and biotechnology companies along with new launch of biopharmaceutical drugs.
- Rising demand for monoclonal antibodies is also expected to have significant growth opportunities for the market.
Restraints:
- However, high cost associated with the technology and presence of stringent approval procedures are likley to have negative impact on market growth.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The biotherapeutics cell line development market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the biotherapeutics cell line development market in these regions.
IMPACT OF COVID-19 ON BIOTHERAPEUTICS CELL LINE DEVELOPMENT MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the biotherapeutics cell line development market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from biotherapeutics cell line development market are anticipated to lucrative growth opportunities in the future with the rising demand for biotherapeutics cell line development in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the biotherapeutics cell line development market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Beckman Coulter, Inc
- Boehringer Ingelheim International GmbH
- Catalent, Inc
- AGC Biologics
- Lonza
- Sysmex Europe GmbH
- Selexis SA
- ProBioGen AG
- Thermo Fisher Scientific Inc.
- Merck KGaA