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06-Oct-2023

Chinese Hamster Ovary cells (CHO) Market will reach USD 688.95 Million by 2030

Chinese Hamster Ovary cells (CHO) Market report helps in conducting market survey for export. It collects information on marketing environment prevailing in a country and a data on consumers from different countries with which export potentials can be indicated. Market report plays a vital role in the decision-making processes by supplying relevant, up-to-date and accurate data to the decision-makers. Managers need up-to-date information to access customer needs and wants, market situation, technological change and extent of competition which can be provided by such outstanding Chinese Hamster Ovary cells (CHO) Market business report. Market research information surely helps to increase the sales.

The global Chinese hamster ovary cells (CHO) market is estimated to increase rapidly over the forecast period. Chinese Hamster Ovary (CHO) cells have emerged as the gold standard in biologics development. They are the optimal cell line for producing various proteins due to their unique combination of excellent quality properties. CHO cells are a robust bioprocess tool because they are easy to grow in large-scale cell culture under controlled circumstances and allow human biosimilar post-translational alterations. Hence, this will lead to a high demand for Chinese Hamster Ovary (CHO) cells.

Data Bridge Market Research analyses that the Chinese Hamster Ovary Cells (CHO) market, valued at USD 280.25 Million in 2022, will reach USD 688.95 Million by 2030, growing at a CAGR of 11.90% during the forecast period of 2023 to 2030. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Key Players:

CHO cells are a cell line produced from the ovaries of the Chinese hamster. They are the most commonly employed mammalian hosts in biological and medical research, especially for producing human therapeutic proteins. Around 70% of recombinant therapeutic proteins are generated in CHO cell cultures. Human-compatible post-translational changes can also be performed on CHO cells, making them excellent for medicinal and pharmaceutical applications such as protein production. CHO cells are known for their ability to produce complex recombinant proteins, making them a valuable tool in the biopharmaceutical industry.

Drivers

  • Rising Use of CHO Cells in the Genetic Study

The rising use of genetics study will further accelerate the demand for the market. Because of the vigorous proliferation as adherent cells or in suspension, the CHO cell has become a standard source of cells. They’re also adaptable to genetic changes. Hence, used for genetic studies.

In addition, the rising number of government initiatives promoting CHO will be a primary driver influencing the market’s growth rate. Another significant factor resulting in market expansion is the advancement of technology. Furthermore, surging healthcare spending capacity and improvement in healthcare infrastructure are the major drivers that will enhance market growth. Huge acceptance by the human system, because they have the same therapeutics produced in humans will further influence the market’s growth rate.

  • Growing Demand for Biopharmaceuticals

The increasing demand for biopharmaceuticals, including therapeutic proteins, monoclonal antibodies, and vaccines, is a major driver for the CHO cell market. CHO cells are the preferred host cells for producing these complex biologics due to their ability to express and secrete high yields of recombinant proteins.

  • Rising Investments in Biotechnology R&D

The global biotechnology sector is witnessing significant investments in research and development activities. Funding and support for biopharmaceutical research and advancements in genetic engineering and cell culture technologies are driving the demand for CHO cells as a crucial tool for bioprocess development and protein expression.

Opportunities

  • Growth in R&D activities

The rise in research and development activities and favorable government policies regarding healthcare infrastructure will benefit market growth.

Moreover, increasing government investments in the development of technology and the rising number of applications will further expand the market’s growth rate in the future.

  • Continuous Development of Cell Culture Technologies

Advancements in cell culture technologies, including media formulations, cell culture systems, and bioreactors, create opportunities for enhancing the productivity and efficiency of CHO cell-based bioprocessing. Innovations in this field contribute to improved cell culture performance and optimized biopharmaceutical production.

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Some of the major players operating in the Chinese Hamster Ovary cells (CHO) market are:

  • Aragen Life Sciences Pvt. Ltd. (India)
  • Selexis SA (Switzerland)
  • Merck KGaA (Germany)
  • CELONIC Group (Switzerland)
  • Promega Corporation (U.S.)
  • JSR Life Sciences, LLC (U.S.)
  • trenzyme GmbH (Germany)
  • Thermo Fisher Scientific Inc. (U.S.)
  • WuXi Biologics (China)
  • Cygnus Technologies. (U.S.)
  • ProBioGen AG (German)

Chinese Hamster Ovary Cells (CHO) Market Scope

Product

  • CHO-K1
  • CHO-DXB1
  • CHO-S
  • CHO- DG44
  • Others

System

  • Antibiotic Selection System
  • Metabolic Selection System

Application

  • Monoclonal antibodies
  • Cytokines
  • Enzymes
  • Fc- Fusion Protein
  • Hormones
  • Clotting Factors
  • Others

End- Users

  • Biopharmaceutical Companies
  • Biotech Companies
  • Academic Institutes and Research
  • Clinical Research Organizations
  • Clinical Development and Manufacturing Organization
  • Others

Recent Development

  • On September 3, 2021, Curia (a New York, United States-based contract research, development, and manufacturing organization (CDMO) known for its drug development services) announced that it has successfully acquired California, United States-based biologics CRDMO “LakePharma.” The acquisition has strengthened the fill-finish and drug substance manufacturing expertise of Curia.
  • On May 7, 2021, China-based contract research, development, and manufacturing organization WuXi Biologics announced the 3 successful acquisitions. The company publicized the acquisition of Jiangsu-based CMAD Biopharma group and manufacturing facility from US-based pharmaceutical company Pfizer and German life sciences company Bayer.
  • In 2021, nearly 1.9 million cases and over 608,500 deaths were reported in the U.S. On the other hand, with expanding acute health complications, overusing antibiotics has resulted in a high prevalence of clostridium difficile infection. According to toa report, around 200,000 people in the U.S. develop this condition yearly. Therefore, the high demand for CHO cells has heightened the growth of the recombinant Chinese hamster ovary cell market.

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on the product portfolios of the top players in the this market
  • Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the market
  • Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the market
  • Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies

Critical Insights Related to This Market Included in the Report:

  • Exclusive graphics and Illustrative SWOT analysis of some of the leading companies in this market
  • Value chain analysis of prominent players in the market
  • Current trends influencing the dynamics of this market across various geographies
  • Recent mergers, acquisitions, collaborations, and partnerships
  • Revenue growth of this industry over the forecast period
  • Marketing strategy study and growth trends
  • Growth driven factor analysis
  • Emerging recess segments and region-wise market
  • An empirical evaluation of the curve of this market
  • Ancient, Present, and Probable scope of the market from both prospect value and volume

Browse Detailed Summary of Research Report with TOC:  https://www.databridgemarketresearch.com/toc/?dbmr=global-chinese-hamster-ovary-cells-cho-market&Shri

Chinese Hamster Ovary Cells (CHO) Market Regional Analysis/Insights

The Chinese Hamster Ovary cells (CHO) market is analysed and market size insights and trends are provided by country, product, system, application, and end- users as referenced above.

The countries covered in the Chinese hamster ovary cells (CHO) market report are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, rest of Middle East and Africa, Brazil, Argentina, rest of South America.

North America is expected to dominate the market because of the well-established healthcare infrastructure in this region.

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Editor Details

  • Company:
    • The Wire Times
Last Updated: 06-Oct-2023