Cell Banking Outsourcing Market Growth: Market Challenges and Future Prospects

 

Cell Banking Outsourcing Market size in 2022 was USD 9969.50 million, and from 2022 to 2030 it is predicted to grow at a CAGR of 16.2% and is expected to reach USD 33137.7 Million by 2030.

The Cell Banking Outsourcing Market Report provides a comprehensive analysis of the global Cell Banking Outsourcing market, highlighting key trends, growth drivers, challenges, and opportunities. The report aims to assist industry stakeholders in making informed decisions and formulating effective strategies.

The Cell Banking Outsourcing Market is a rapidly growing sector in the biopharmaceutical industry. As companies increasingly focus on developing advanced cell therapies and personalized medicine, the need for reliable and efficient cell banking services has become paramount.

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Cell banking involves the preservation and storage of cells, tissues, or cell lines for future use in research, drug development, or clinical applications. It plays a crucial role in ensuring the quality, safety, and consistency of cell-based products throughout their lifecycle. However, establishing and maintaining an in-house cell banking facility can be expensive and time-consuming for many organizations.

This is where outsourcing comes into play. Cell banking outsourcing offers several advantages to biopharmaceutical companies. Firstly, it allows them to leverage the expertise of specialized service providers who have extensive experience in handling various types of cells and complying with regulatory requirements.

KEY MARKET SEGMENTS

By Type:

·         Master Cell Banking

·         Working Cell Banking

·         Viral Cell Banking

By Cell Type:

·         Stem Cell

o    Cord Cell Banking

o    Embryonic Stem Cell Banking

o    Adult Stem Cell Banking

o    Dental Stem Cell Banking

o    IPS Stem Cell Banking

·         Non-Stem Cell

By Phase:

·         Bank Storage

o    Master Cell Bank Storage

o    Working Cell Bank Storage

o    Cell Storage Stability Testing

·         Bank Characterization & Testing

o    Safety Testing

§  Viral Cell Banks

§  Microbial Cell Banks

o    Gene Expression Testing

o    Karyology Testing

o    Gene Sequencing Testing

·         Bank Preparation

o    Master Cell Bank Preparation

o    Working Cell Bank Preparation

Major Players Listed in the Report are as Follows:

Charles River Laboratories International, Inc. and Lonza Group Ltd., SGS SA, Goodwin Biotechnology Inc., Eurofins Scientific SE, ViruSure GmbH, WuXi AppTec, Inc., BioReliance Corporation, a unit of Merck KGaA, Toxikon Corporation, and Texcell, Inc., and other players listed in the final report.

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