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Cell Line Development Market to witness growth of 13% from 2016 to 2023

Cell Line Development Market to witness growth of 13% from 2016 to 2023

Get more details @ http://bit.ly/2dpS6up The cell line development market is observing increasing need for monoclonal antibodies (MAbs). As of 2014 in the U.S. and Europe more than 46 monoclonal antibody products have accepted, as per data published by the NCBI, and considering existing approval rate over every year 65 MAbs will be available in market by 2020.

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North America Cell Line Development Market to reach USD 2.7 bn by 2024

North America Cell Line Development Market to reach USD 2.7 bn by 2024

North America cell line development market was valued at USD 1.1 billion in 2017 and is expected to grow 12.5% CAGR from 2018 to 2024.

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Global Cell Line Development Market Worth US$ 7,200 Mn by 2028

Global Cell Line Development Market Worth US$ 7,200 Mn by 2028

Companies like GE Healthcare, Thermo Fischer Scientific, Inc., Danaher and Merck KGaA have promising revenue share in cell line development market. These companies are endeavoring to launch novel product line in cell line development market. Companies operating in cell line development market are focusing on merger and acquisition strategies to expand their portfolio in cell line development. To expand in the cell line development market, the companies are working in collaboration with local wholesalers and distributors. In cell line development market, the local companies are contending based on pricing and effective channel management in the cell line development market.

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