Cell Banking Outsourcing Market - PMR Market Insight Report 2016 to 2022
Persistence Market Research Released New Market Report on “Cell Banking Outsourcing
Market - PMR Market Insight Report 2016 to 2022”.
A cell bank refers to a facility that store cells derived from various body fluids and organ
tissue for future needs. The bank store the cells with detailed characterization of the cell
line hence decrease the chances of cross contamination. Cell banking outsourcing
industry involves collection, storage, characterization, and testing of cells, cell lines, and
tissues. Cell banks provide cells, cell lines, and tissues for R&D, production of
biopharmaceuticals with maximum effectiveness and minimal adverse events. The
process for storage of cells includes first proliferation of cells that multiplied in large
number of identical cells and then stored into cryovials for future use. 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.
Global cell banking outsourcing market segmented based on bank type, cell type, phase,
and geography. Based on bank type market is further segmented into master cell banking,
working cell banking, and viral cell banking. Cell type segment further divided based on
stem cell banking and non-stem cell banking. Stem cell banking includes dental, adult, cord,
embryonic, and IPS stem cell banking. Based on phase, the global cell banking outsourcing
market segmented into preparation, storage, testing, and characterization. Geographically,
market divided into North America, Europe, Asia Pacific, Latin America, and Middle East
Africa. By considering bank type master cell banking accounted largest share owing to
longer duration of...