Lucintel Forecasts Cell Banking Outsourcing Market To Grow At A Cagr Of 14%-18%

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According to the recent study the cell banking outsourcing market is projected to grow at a CAGR of 14%-18% from 2020 to 2026. Growth in this market is primarily driven by growing demand for gene therapy, stem cell therapy, biopharmaceutical production, and increasing prevalence of oncology associated diseases and other infectious chronic disorders.
Browse XX figures / charts and XX tables in this 150-page report to understand trends, opportunities and forecast in cell banking outsourcing market by bank type (master cell banking, working cell banking, and viral cell banking), cell type (stem cell banking (cord stem cell, embryonic stem cell, adult stem cell, dental stem cell, and IPS stem cell) and non-stem cell), phase (bank preparation, storage, characterization & testing, safety testing, viral, microbial banks, gene expression, karyology, and gene sequencing testing), and region (North America, Europe, Asia Pacific, and Rest of the World).
Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/cell-banking-outsourcing-market.aspx
“Master cell ...
... banking market is expected to remain the largest segment during the forecast period.”
Based on bank type, the cell banking outsourcing market is segmented into master cell banking, working cell banking, and viral cell banking. Lucintel forecasts that the master cell banking market is expected to remain the largest segment during the forecast period due to longer duration of preservation of cells.
“Within the cell banking outsourcing market, the stem cell banking segment is expected to remain the largest cell type”
Based on cell type, the stem cell banking segment is expected to witness the largest segment over the forecast period due to the increasing number of cord blood banks, immediate availability of blood cells can be provided in even rural areas, and lower risk of viral contamination.

“North America will dominate the cell banking outsourcing market in near future”
North America is expected to be the largest region over the forecast period due to a large number of pharmaceutical and biotechnology companies in the region, the presence of a well-established healthcare market, and rising production of vaccines, therapeutic proteins, and antibiotics.
Download Brochure of this report by clicking on https://www.lucintel.com/cell-banking-outsourcing-market.aspx
Major players of cell banking outsourcing market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. BioReliance, BioOutsource (Sartorious), BSL Bioservice, Cleancells, Charles River Laboratories, Covance, GlobalStem, Goodwin Biotechnology, Lonza, and Texcell are among the major cell banking outsourcing providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/cell-banking-outsourcing-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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