At 11.90% CAGR, Chinese Hamster Ovary Cells (CHO) Market Size Worth USD 688.95 Million by 2030
The global Chinese Hamster Ovary (CHO) cells market is expected to gain market growth in the forecast period of 2023 to 2030. Data Bridge Market Research analyses that the market is growing with a CAGR of 8.5% in the forecast period of 2023 to 2030 and is expected to reach USD 659,479.05 thousand by 2030 from USD 354,047.75 thousand in 2022.
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Chinese Hamster Ovary (CHO) Cells Market Analysis and Insights
One significant driver of the CHO cell market is the continued growth of monoclonal antibodies (mAbs) in the pharmaceutical industry. CHO cells are integral to the production of mAbs, which are used in the treatment of various diseases, including cancer and autoimmune disorders. The expansion of mAb-based therapies, coupled with ongoing research and development in this field, has fueled the demand for CHO cells. The market also benefits from increased research and development efforts aimed at improving cell line development and bioprocess optimization. These advancements help enhance the efficiency and productivity of CHO cell-based biomanufacturing, reducing production costs and timelines.
Global Chinese Hamster Ovary (CHO) cells market report provides details of market share, new developments, and product pipeline analysis, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario, contact us for an analyst brief. Our team will help you create a revenue impact solution to achieve your desired goal. The scalability and business expansion of the retail units in the developing countries of various regions and partnership with suppliers for safe distribution of machine and drugs products are the major drivers which propelled the demand of the market in the forecast period.
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Market Definition
Chinese Hamster Ovary (CHO) cells are a type of mammalian cell line commonly used in biotechnology and biomedical research, particularly in the field of cell culture and bioprocessing. These cells have become essential tools in biotechnology and biomedical research. CHO cells are known for their adherence to culture surfaces, robust growth characteristics, and ability to express recombinant proteins. Their popularity stems from their similarity to human cells, making them suitable for studying biological processes and producing biopharmaceuticals.
Competitive Landscape and Global Chinese Hamster Ovary (CHO) Cells Market Share Analysis
Global chinese hamster ovary (CHO) cells market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in R&D, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product approvals, product width and breath, application dominance, product type lifeline curve. The above data points provided are only related to the company’s focus on the Global Chinese Hamster Ovary (CHO) cells market.
Some of the major players operating in the Global Chinese Hamster Ovary (CHO) cells market are Thermo Fisher Scientific Inc., AcceGen, RayBiotech Life, Inc., CLS Cell Lines Service GmbH, BPS Bioscience, Inc., GenTarget Inc., Merck KGaA, Promega Corporation, Abeomics, Applied Biological Materials Inc. (abm), ATCC, Sartorius AG, Lonza, Horizon Discovery Ltd., Cytiva, GTP Bioways and Curia Global, Inc. and among others.
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