TMR’s report on the global biotherapeutics cell line development market studies past as well as current growth trends and opportunities to gain valuable insights of the same indicators for the said market during the forecast period from 2024 to 2030. The report provides the overall market revenue of the global biotherapeutics cell line development market for the period of 2018–2030, with 2019 as the base year and 2030 as the forecast year. The report also provides the compound annual growth rate (CAGR) for the global biotherapeutics cell line development market for the forecast period.
The report has been prepared after an extensive primary and secondary research. Primary research involves bulk of research efforts, wherein, analysts carry out interviews with key opinion leaders, industry leaders, and opinion makers. Extensive secondary research involves referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the global biotherapeutics cell line development market.
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Global Biotherapeutics Cell Line Development Market Witness Most Promising Rise in Demand:
At the back of these factors, along with consistent rise in the number of investments, the global biotherapeutics cell line development market is expected to reach ~US$ 224 Mn by 2030. Apart from these factors, the growing support offered by government bodies around the world to promote biotechnology and the pharmaceutical industry is another factor that is expected to set the tone for the development of the global biotherapeutics cell line development market during the assessment period.
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The COVID-19 pandemic is currently playing a huge role in derailing the world economy, as industries and businesses around the world continue to remain shut due to social distancing norms and lockdowns enforced by governments. While several industrial sectors are witnessing minimal activity during the COVID-19 event, the pharmaceutical sector is currently burdened with the demand for effective solutions and products to combat the COVID-19 infection. Several players operating in the current biotherapeutics cell line development market are investing in research and development activities to combat the COVID-19 virus. Market players are expected to look beyond the conventional means of antibody-drug manufacturing and discover novel ways to enhance productivity. Several market players are currently collaborating with scientists to discover potential solutions to prevent the spread of the COVID-19 infection. While the market is likely to witness steady growth in 2024 due to the COVID-19 event, all eyes will be on research and development activities.
Key Players of Biotherapeutics Cell Line Development Market Report:
This report profiles major players in the global Biotherapeutics Cell Line Development market based on various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments
Key players operating in the global Biotherapeutics Cell Line Developmentmarket include: Merck KGaA
Becton, Dickinson and Company (BD), Danaher Corporation, Boehringer Ingelheim Group, Thermo Fisher Scientific, Inc, Lonza Group Ltd., Probiogen AG, Solentim Ltd., Selexis SA, Sysmex Corporation.
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