Cell banking systems are set up to assure that a uniform population of cells is preserved, their integrity is maintained, and a sufficient supply of material is accessible for the life of the product. Biosafety testing is performed on cell lines at multiple passages. A cell bank comprises of a storage facility for cells extracted from different body fluids and organ tissue so that they can be used in the future. Stored cells contain detailed characterization of the cell line thereby decreasing chances of cross contamination. And GMP cell banking services consists of outsourcing gathering, storing, characterization, and testing facilities of cell lines, tissues, and cells. GMP basically stands for “Good Manufacturing Practice.”
According to our (Global Info Research) latest study, the global GMP Cell Banking market size was valued at USD 583.9 million in 2022 and is forecast to a readjusted size of USD 1269.3 million by 2029 with a CAGR of 11.7% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key players of GMP cell banking include Charles River, Thermo Fisher, Lonza, Wuxi Apptec, etc. Global top five manufacturers hold a share over 55%. In terms of product, mammalian cell is the largest segment, with a share over 63%. And in terms of application, the largest application is biopharmaceutical companies, with a share over 75%.
This report is a detailed and comprehensive analysis for global GMP Cell Banking market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global GMP Cell Banking market size and forecasts, in consumption value ($ Million), 2018-2029
Global GMP Cell Banking market size and forecasts by region and country, in consumption value ($ Million), 2018-2029
Global GMP Cell Banking market size and forecasts, by Type and by Application, in consumption value ($ Million), 2018-2029
Global GMP Cell Banking market shares of main players, in revenue ($ Million), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for GMP Cell Banking
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global GMP Cell Banking market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Charles River, Thermo Fisher, Lonza, Wuxi Apptec and Eurofins Scientific, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market segmentation
GMP Cell Banking market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Mammalian Cell
Microbial Cell
Insect Cell
Others
Market segment by Application
Biopharmaceutical Companies
Contract Manufacturing Organizations
Market segment by players, this report covers
Charles River
Thermo Fisher
Lonza
Wuxi Apptec
Eurofins Scientific
Merck KGaA
SGS Life Sciences
Sartorius
Catalent
Goodwin Biotechnology
Texcell
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe GMP Cell Banking product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of GMP Cell Banking, with revenue, gross margin and global market share of GMP Cell Banking from 2018 to 2023.
Chapter 3, the GMP Cell Banking competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and GMP Cell Banking market forecast, by regions, type and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War
Chapter 12, the key raw materials and key suppliers, and industry chain of GMP Cell Banking.
Chapter 13, to describe GMP Cell Banking research findings and conclusion.
Summary:
Get latest Market Research Reports on GMP Cell Banking. Industry analysis & Market Report on GMP Cell Banking is a syndicated market report, published as Global GMP Cell Banking Market 2023 by Company, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of GMP Cell Banking market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.