Artificial Intelligence
Global Cell line development market size to exhibit a CAGR of 13.40% during 2020-2027
Selbyville, Delaware, Oct. 22, 2020 (GLOBE NEWSWIRE) — According to industry experts, global cell line development market accounted for USD 4.21 billion in the year 2019 and is projected to register a robust CAGR of 13.40% during 2020-2027. Extensive application in diagnostics, bioproduction, and research, alongside rising investments towards research & development activities, and escalating demand for monoclonal antibodies as well as biosimilars are augmenting the growth of the market.
The emergence of the COVID-19 pandemic has plummeted the global economy, severely impacting production and demand across numerous verticals, and disrupting the supply chain. Holistic industry analysis aims to answer all the client queries and suggests business tactics employed by leading players to adapt to upcoming uncertainties. Additionally, it also offers a deep-dive investigation of key participants of the market, inclusive of their production capabilities, product offerings, and manufacturing facilities.
For the uninitiated, cell line is a cell culture process in which cells are multiplied under controlled space and medium. It allows systematic alterations in the structure, physiology, and genetic makeup of the cells and has widespread applications in drug research & development activities as well as in studying the effect of toxic compounds.
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Additionally, rising prevalence of autoimmune diseases and cancers have impelled the demand for cost-efficient and accurate treatments, which along with increasing production of vaccines is stimulating global cell line development market outlook. However, high capital investments associated with the process are expected to hamper the market expansion throughout the analysis timeframe.
Industry segmentations:
Based on product terrain, global cell line development industry is fragmented into reagents, media, and equipment. With regards to cell line type, the market is divided into primary cell lines, hybridomas, continuous cell lines, and recombinant cell lines. The application spectrum of the industry comprises of drug discovery, research, toxicity testing, tissue engineering & regenerative medicine, and bioproduction.
Regional analysis
From regional frame of reference, North America accounts for a majority stake of global cell line development market valuation and is expected to emerge as a major revenue generator by the year 2027. High concentration of research & academic institutes as well as biopharmaceutical companies are favoring the growth of North America market.
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Alternatively, Asia-Pacific cell line development market is estimated to exhibit the highest CAGR over 2020-2027, owing to flourishing healthcare sector in the region.
Global Cell Line Development Market Product Terrain (Revenue, USD Billion, 2017-2027)
- Reagents
- Media
- Equipment
Global Cell Line Development Market Type Sub-segments (Revenue, USD Billion, 2017-2027)
- Recombinant Cell Lines
- Primary Cell Lines
- Hybridomas
- Continuous Cell Lines
Global Cell Line Development Market Application Sub-segments (Revenue, USD Billion, 2017-2027)
- Drug Discovery
- Research
- Toxicity Testing
- Tissue Engineering & Regenerative Medicine
- Bioproduction
Global Cell Line Development Market Regional Analysis (Revenue, USD Billion, 2017-2027)
Latin America
- Mexico
- Brazil
Asia-Pacific
- South Korea
- Australia
- Japan
- India
- China
- Rest of Asia-Pacific
Europe
- Italy
- Spain
- France
- Germany
- United Kingdom
- Rest of Europe
North America
- Canada
- U.S.
Rest of the world
Global Cell Line Development Market Competitive Hierarchy (Revenue, USD Billion, 2017-2027)
- Sartorius AG
- WuXi AppTec Inc.
- Corning Incorporated
- European Collection of Authenticated Cell Cultures (ECACC)
- Selexis SA
- Sigma-Aldrich Corporation
- GE Healthcare
- Thermo Fisher Scientific Inc.
- Lonza Group AG
- American Type Culture Collection (ATCC)
Table of Content:
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Cell Line Development Market, by Region, 2018-2027 (USD Billion)
1.2.2. Cell Line Development Market, by Product, 2018-2027 (USD Billion)
1.2.3. Cell Line Development Market, by Type, 2018-2027 (USD Billion)
1.2.4. Cell Line Development Market, by Application, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Cell Line Development Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Cell Line Development Market Dynamics
3.1. Cell Line Development Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Cell Line Development Market Industry Analysis
4.1. Porter’s 5 Force Model
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Cell Line Development Market, by Product
5.1. Market Snapshot
5.2. Global Cell Line Development Market by Product, Performance – Potential Analysis
5.3. Global Cell Line Development Market Estimates & Forecasts by Product 2017-2027 (USD Billion)
5.4. Cell Line Development Market, Sub Segment Analysis
5.4.1. Equipment
5.4.2. Media
5.4.3. Reagents
Chapter 6. Global Cell Line Development Market, by Type
6.1. Market Snapshot
6.2. Global Cell Line Development Market by Type, Performance – Potential Analysis
6.3. Global Cell Line Development Market Estimates & Forecasts by Type 2017-2027 (USD Billion)
6.4. Cell Line Development Market, Sub Segment Analysis
6.4.1. Primary Cell Lines
6.4.2. Continuous Cell Lines
6.4.3. Hybridomas
6.4.4. Recombinant Cell Lines
Chapter 7. Global Cell Line Development Market, by Application
7.1. Market Snapshot
7.2. Global Cell Line Development Market by Application, Performance – Potential Analysis
7.3. Global Cell Line Development Market Estimates & Forecasts by Application 2017-2027 (USD Billion)
7.4. Cell Line Development Market, Sub Segment Analysis
7.4.1. Bioproduction
7.4.2. Tissue Engineering & Regenerative medicine
7.4.3. Toxicity Testing
7.4.4. Research
7.4.5. Drug Discovery
Chapter 8. Global Cell Line Development Market, Regional Analysis
Related Report:
Cell Line Development Market Size, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2020 – 2026
Cell Line Development Market size to grow at around 12.5% CAGR between 2020 and 2026, as per new research report. The cell lines are used to study biological processes and retain stability of the formed tissues. These cell lines are used in production of vaccines, antibodies, artificial tissues and synthesis of biological components. Moreover, the cell lines play a crucial role in studying pathophysiological, physiological as well as differentiation process of specific cells. Cell line development market is also projected to record substantial proceeds from mammalian sources. Rapid technological advancements in cell line engineering can be credited as one of the key driving factors. The mammalian source segment was valued at more than USD 3 billion in 2019 and is further projected to stand as a lucrative avenue for market growth.
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Artificial Intelligence
IG Canada Announces Enhanced Trading Platform for Enhanced User Experience
Meta description : Explore IG Canada’s advanced trading platform, educational resources, and robust security features. Achieve your trading goals with the innovative tools.
NOTTINGHAM, England, April 25, 2024 /PRNewswire/ — IG Canada, a premier online trading platform, is pleased to announce significant enhancements to its trading technology, designed to empower both novice and experienced traders with superior tools and resources. This development is part of IG Canada’s commitment to providing the best trading experience in the Canadian market.
IG Canada has upgraded its platform with advanced features that streamline trading processes and improve the accuracy of trade execution. These enhancements include customizable charts, a wider range of indicators, and improved mobile access, ensuring traders can operate efficiently from anywhere at any time.
Recognizing the importance of education in trading success, IG Canada has expanded its educational resources. The brokerage now offers a comprehensive learning center featuring webinars, tutorials, and articles that cater to various skill levels. These resources are designed to help traders develop robust trading strategies and improve their market knowledge.
Security remains a top priority for IG Canada. The latest updates include enhanced encryption and multi-factor authentication to protect client data and funds. These security measures provide peace of mind for traders, knowing their investments are safeguarded against potential threats.
IG Canada is a leading online brokerage that provides trading services across multiple asset classes, including forex, stocks, commodities, and indices. With a focus on innovation and customer service, IG Canada is committed to helping Canadian traders achieve their investment goals through a transparent and efficient trading environment.
In addition, IG Canada is committed to engaging with the community through upcoming webinars, live events, and partnerships with local financial experts. These initiatives are designed not only to support the growth and education of the clients but also to foster a stronger, more connected trading community in Canada.
Press Contact:Contact Name: Timothy C. SherwinEmail: [email protected] Phone: +447 441425053
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Artificial Intelligence
Sentrycs Now Part of the UK National Protective Security Authority Catalog of Security Equipment
This inclusion into the NPSA CSE marks a significant milestone in the company’s commitment to enhancing national and international airspace security and to leading the C-UAS market toward multi-layer strategy optimization and excellence.
TEL-AVIV, Israel, April 25, 2024 /PRNewswire/ — Sentrycs, a leading innovator in adaptive counter-drone solutions, is proud to announce its inclusion in the prestigious UK National Protective Security Authority Catalogue of Security Equipment (NPSA CSE).
Following a rigorous assessment process, Sentrycs’ cutting-edge Counter Unmanned Aerial Systems (C-UAS) solution has met the high standards set by the NPSA for Detection, Tracking, and Identification (DTI). The testing, conducted at the NPSA’s designated testing facilities in August 2023, rigorously evaluated the Sentrycs system against the NPSA’s DTI Testing and Evaluation Standard v3.1.
Sentrycs elected to be assessed under Configuration D as a 3D system with Ground Control Station (GCS) detection capability and platform identification capability, which is the most demanding test scenario with the highest number of scored parameters.
The Sentrycs system demonstrated exceptional capabilities in various security scenarios, showcasing its robustness in detecting and tracking with high accuracy and zero false alarms. The system’s innovative use of cyber techniques to extract data from targets and its streamlined human-machine interface were especially noted for their efficiency and ease of use.
“Our team is proud to have Sentrycs recognized by the UK National Protective Security Authority,” said Yoav Zaltzman, CEO of Sentrycs. “Being listed in the CSE is not just an honor; it’s a testament to our technology’s reliability and effectiveness in contributing to the ever-changing airspace security landscape.”
Sentrycs’ technology is now accessible through the NPSA CSE, providing security practitioners with verified solutions that meet the UK’s rigorous security standards. This inclusion not only underscores Sentrycs’ role in advancing security technology but also enhances its visibility and credibility on a global stage.
For more details on Sentrycs’ solutions and their impact, visit www.sentrycs.com.
For further information regarding the NPSA and the Catalog of Security Equipment, please visit the NPSA’s official website.
About Sentrycs
Sentrycs is a leader in adaptive counter-drone solutions, supported by innovative technology designed to passively identify, mitigate, and where necessary, intercept unauthorized drones custom-built for various environments – including airports, borders, prisons, critical infrastructure, and mass events. Founded in 2017, Sentrycs’ has offices in Israel and the US, serving customers worldwide. By uniting its field-proven technology and expertise in global drone environments, Sentrycs is leading the way towards a safer and more secure drone-driven future. Learn more at www.sentrycs.com
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Artificial Intelligence
Homestyler to Recruit First Batch of Global Partners in 20 Countries
MILAN, April 25, 2024 /PRNewswire/ — Homestyler, a leading all-in-one 3D Design platform and creative community for global designers invested by Easyhome New Retail Group and Alibaba Group, successfully hosted the Homestyler Global Partners Conference and Gorgeous Home Imported Brand Investment Promotion Conference from April 18 to 19 on the sidelines of the 2024 Salone del Mobile Milano, the world’s leading furniture fair.
Easyhome is at the forefront, driving the transformation of the home furnishing industry into a full-service platform. It has developed a tailored solution for global brands called Gorgeous Home, which includes supportive policies and has established local distribution and service networks in international markets. During the conference, Homestyler unveiled a suite of digital products enhanced by 3D and AI technologies, including cloud-based design tools, virtual livestreaming that can alter and restore furnishing scenes to true-to-life scale, a 3D Floor Planner, a 3D Virtual Studio, and a 3D Interactive Panorama, among others. The event also marked the signing ceremony with the first group of global partners.
The Global Partners Program is a key milestone of Homestyler’s roadmap towards global commercialization. It has established close partnerships with around 1,000 global home furnishing companies and design institutions to provide solutions for digital transformation. The first global partners from more than 20 countries and regions will collaborate to explore content creation and marketing potential to deliver effective growth.
In addition, Homestyler shared the unique advantages of its software and cloud designing tools, particularly in cloud rendering, free modeling capabilities, 3D model and material libraries, one-stop workflow, and user-friendliness.
“The core technologies and products of Homestyler extend through all links both online and offline and deeply converge physical experience with digital technologies, such as attracting customers, content design and creation, interactive scene, check-out tracking and more, and we continue to optimize and enhance the 3D scenario shopping experience to empower the transformation and upgrading of the global home furnishing industry,” said Ma Xingjian, head of Homestyler’s overseas business.
Looking ahead, Easyhome and Homestyler aims to establish an international service, regional distribution and dealership system, serving as a bridge between global designers and home furnishing companies worldwide to enable designers residing in different countries and regions to highlight their 3D design solutions and boost shopping experience for the consumers.
As a creative hub for global designers, Homestyler continually expands its model library with home furnishing products from around the world and provides the latest in 3D and AI technologies to help companies promote their products across various channels. Companies such as P Life Concept London, Lahoma Ltd., and Tecnobit S.r.l. are leveraging Homestyler products to enhance the online shopping experience and increase efficiency on their websites. Homestyler plans to introduce more B2B digital products and services, including advanced 3D tools for designing, modeling, rendering, virtual studio shooting, and livestreaming. “Homestyler will further advance our international development: we are planning to establish industry-academy cooperation with Italy’s top design institution, the Polytechnic University of Milan, and the relationship with ADI. With the launch of Global Partners Program, Homestyler will continue to invest in supporting policies and boost international influence through various cooperation programs, to achieve the goal of providing better design services for users globally,” said Xu Min, general manager of Homestyler.
For more information, please visit https://www.homestyler.com.
About Homestyler
Homestyler was jointly invested in by Easyhome New Retail Group and Alibaba Group. It is dedicated to provide 3D cloud design tools for designers worldwide and delivering a comprehensive suite of 3D+AI digital solutions to the furniture and home furnishing industry.
View original content:https://www.prnewswire.co.uk/news-releases/homestyler-to-recruit-first-batch-of-global-partners-in-20-countries-302127111.html
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