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A cell bank is a facility that stores cells of specific genome for the purpose of future use in a product or medicinal needs. They often contain expansive amounts of base cell material that can be utilized for various projects. Cell banks can be used to generate detailed characterizations of cell lines and can also help mitigate cross-contamination of a cell line. Utilizing cell banks also reduces the cost of cell culture processes, providing a cost-efficient alternative to keeping cells in culture constantly. Cell banks are commonly used within fields including stem cell research and pharmaceuticals, with cryopreservation being the traditional method of keeping cellular material intact. Cell banks also effectively reduce the frequency of a cell sample diversifying from natural cell divisions over time. Cells mainly used in the regenerative medicine production. Increasing demand of stem cell therapies and number of cell banks expected to boost the global market.Cell banking is a process of replicating and storing cells for the purpose of future use. Storage of these cell samples can be utilized for research purposes and for surgical reconstruction of damaged body structures. Cells are frozen in cryovials at -196 degrees Celsius along with cryoprotection agents such as 10% solution of DMSO. Cell banking is most commonly used in stem cell research and therapy.
In 2018, the Global Cell Banking Outsourcing market size was 4210 million US$ and it is expected to reach 12700 million US$ by the end of 2025, with a CAGR of 17.1% during 2019-2025.
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Cell Banking Outsourcing Market is categorized on the basis of following product types:
(Each product type is covered in the terms of growth rate, market size, regional market size analysis, market size forecast, etc.)
• Stem Cell Banking
• Non-stem Cell Banking
Cell Banking Outsourcing Market is studied for the following applications:
(Each application is covered in the terms of market share, market size, regional market size analysis, market size forecast, etc.)
• Cell Bank Storage
• Bank Characterization and Testing
• Cell Bank Preparation
Key companies profiled in this report are Sgs Life Sciences, Lonza, Ccbc, Vcanbio, Amag Pharmaceuticals, Viacord, Thermo Fisher, Wuxi Apptec, Cordlife, Esperite, Reliance Life Sciences, Lifecell, Cryo-Cell, Toxikon, Goodwin Biotechnology, Texcell, Cryo Stemcell and more. These companies are profiled in the terms of company basic details, business overview, product knowledge, historical revenue and recent developments.
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Through the various topics covered in this report; it provides key insight of the market like Market size and share by regions, trends, driver, opportunities, revenue, market share of companies, their products, mergers & acquisitions, market size by types & applications for United States, Europe, China, Japan, Southeast Asia, India, and Central & South America. With this strong base, this report also provides the estimated forecast to 2025 by product types, applications and by regions.
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