(EMAILWIRE.COM, January 11, 2019 ) According to the new market research report “Cell Line Development Market by Product (Equipment, Media and Reagents), by Source, by type, by Application ( Bioproduction, Tissue Engineering & Regenerative medicine, Toxicity Testing, Research, Drug Discovery) - Analysis & Global Forecast to 2019", published by MarketsandMarkets™, analyzes and studies the major market drivers, threats, opportunities, and challenges.

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This market is expected to reach $3.96 billion by 2019 from$2.2 billionin 2014, and is poised to grow at a CAGR of 12.5% from 2014 to 2019.

The global cell line development market is segmented on the basis of products, type of cell lines, source of cell lines, applications, and geographies.

Based on products, the cell line development market is categorized into equipment, and media &reagents.The media and reagents segment is expected to account for a major share of the cell line development market, by product in 2014.

The media and reagents segment is further divided into serum, media, and reagents.The reagents segment is expected to account for the largest share of the cell line development market in 2014.

On the basis of source of cell lines, the market is segmented into mammalian, insect, and amphibian. The cell lines derived from mammalian source are likely to account for the largest share of the cell line development market in 2014.

Bioproduction, tissue engineering and regenerative medicine, toxicity testing, research, and drug discovery are the key application areas of cell lines. Bioproduction is expected to account for a major share among the application areas in the cell line development market.

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Some of the major players in the global cell line development market include American Type Culture Collection (ATCC) (U.S.), Lonza Group AG (Switzerland), Thermo Fisher Scientific, Inc. (U.S.), GE Healthcare (U.K.), Sigma-Aldrich Corporation (U.S.), Selexis SA (Switzerland), European Collection of Cell Cultures (ECACC) (U.K.), Corning, Inc. (U.S.), WuXi AppTec, Inc. (China), and Sartorious AG (Germany).

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