Cell Banking Outsourcing Market Projected To Register At USD 9.87 Billion By 2022 : Grand View Research Inc.
San Francisco, 8 July 2019: The Report Cell Banking Outsourcing Market Analysis By Bank Type, By Cell Type, By Phase (Bank Preparation, Storage, Characterization & Testing, Safety Testing, Viral, Microbial Banks, Gene Expression, Karyology, Gene Sequencing Testing) And Segment Forecasts To 2022 The global cell banking outsourcing market is expected to reach USD 9.87 billion by 2022, according to a new report by Grand View Research, Inc. Factors attributing towards this anticipated market size include growing demand for gene therapy, stem cell therapy, biopharmaceutical production that target on novel active sites. Additionally, rise in prevalence of oncology associated diseases and other infectious chronic disorders are expected to promote cytological R&D in which cell banking plays a pivotal role thereby driving growth. R&D for commercialization of novel characterization and cryopreservation methods is also expected to considerably enhance lucrative growth opportun