Healthcare Cell Line Development Services Market Growth | Page 3

Cell lines are essential for a wide range of applications including gene function studies, drug discovery assays, the production of biotherapeutics and diagnostics. The application of cell lines lies in research, bioproduction and diagnostics. Among research, cell lines are used for studying disease, screening, cell-based assays are used during discovery phase and preclinical development. Cell lines are consumed to manufacture a wide range of biotherapeutics comprising of vaccine, recombinant proteins that includes peptides, cytokines, hormones and clotting factors, enzymes and monoclonal antibodies. Technological Advancements - The cell line technology is widely used in research and biotechnology industry. Advancement in biotechnology industry across the globe has led to development in cell culture, drug discovery and gene therapy. Technological improvements in development, manufacturing, screening technologies and assays possess immense growth opportunity for the market. Government initiatives for improving healthcare sector boosting the growth of the industry. This report also provides the existing competitive scenario of some of the key players of the cell line development services market which includes company profiling of Lonza Group AG, FUJIFILM Diosynth Biotechnologies U.S.A., Inc., Merck KGaA, Selexis S.A., Rentschler Biopharma SE, Horizon Discovery Group Plc., WuXi AppTec Group, Boehringer Ingelheim International GmbH, MabPlex Inc. and Catalent, Inc.. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the cell line development market that will help industry consultants, equipment