Where Would The GMP Cell Banking Service Market Be Placed In The Next Decade?

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Where Would The GMP Cell Banking Service Market
Be Placed In The Next Decade?
Report Id PMRREP13735 Category Life Science
Healthcare
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North America to remain dominant in the global
parenteral medical nutrition market

• This will directly impact the global GMP cell
  banking services market, which will likely grow
  from US 346.6 Mn in 2017 to US 1,012.4 Mn by
  the end of 2025, translating into a CAGR of
  14.3 during the eight year forecast period 2017
  2025.
• One of the key objectives of the report is to
  identify the key trends governing the global GMP
  cell banking services market and present a clear
  picture of the various forces impacting the
  market at a micro and macro level.
• A sustained growth of the market can be
  attributed to macro-economic drivers such as
  increased public and private sector funding for
  disease research, which is expected to bring
  newer therapies to the market high costs of
  clinical development and various collaborative
  initiatives to identify therapies for
  difficult-to-treat illnesses.
• On the supply side, an expansion of production
  facilities by key players to meet growing
  customer demand besides offering customized
  solutions based on specific customer needs (this
  involves strategic tie-ups between
  biopharmaceutical companies and cell banking
  service providers) are some of the factors likely
  to push the global GMP cell banking services
  market ahead in the coming years.

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