Cell and Gene Therapy Manufacturing Quality Control (QC) Market

Jul6,2024
Cell and Gene Therapy Manufacturing Quality Control (QC) Market


Cell and Gene Therapy Manufacturing Quality Control (QC) Market

Cell and Gene Therapy Manufacturing Quality Control (QC) Market worth $2,434.4 Mn by 2031 – Exclusive Report by InsightAce Analytic Pvt. Ltd.

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the “Global Cell and Gene Therapy Manufacturing Quality Control (QC) Market – (By Component (Equipment & Accessories, Consumables, Others), By Application (Sterility Testing, Purity Testing, Potency Testing, Identity Testing, Others (stability, viability, etc.)), By Process (Upstream Processing, Downstream Processing, Packaging), By End-User (Pharmaceutical & Biotechnology Companies, Contract Manufacturing Organizations)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031.”

According to the latest research by InsightAce Analytic, the Global Cell and Gene Therapy Manufacturing Quality Control (QC) Market is valued at US$ 446.2 Mn in 2023, and it is expected to reach US$ 2,434.4 Mn by 2031, with a CAGR of 23.89% during the forecast period of 2024-2031.

The quality control (QC) market for cell and gene therapy manufacturing encompasses various methods and techniques used to ensure the safety, efficacy, and consistency of these products.

The rapid advancement of cell and gene therapy technologies has intensified the focus on robust quality control measures. This ensures compliance with regulatory standards and ultimately provides patients worldwide with superior therapeutic products.

Regulatory bodies around the globe are fueling market growth for both manufacturing and quality control services by authorizing more cell and gene therapy products for clinical use. Stringent quality control procedures are essential for licensing new treatments, guaranteeing patient safety and regulatory adherence.

To meet these growing market demands and regulatory requirements, pharmaceutical corporations, biotechnology companies, and academic institutions are significantly increasing research and development (R&D) expenditures. These investments aim to develop new therapies, optimize production processes, and strengthen quality control methods.

Governments and financing organizations are also playing a crucial role in promoting the development and application of gene and cell therapies. Funding programs, subsidies, and tax incentives encourage companies to invest in manufacturing and quality control infrastructure, further propelling market expansion.

Request for free Sample Pages: https://www.insightaceanalytic.com/request-sample/2395

List of Major Players in the Cell and Gene Therapy Manufacturing Quality Control (QC):

• bioMérieux SA

• Bio-Rad Laboratories, Inc.

• Bio-Techne Corporation

• QIAGEN

• Charles River Laboratories International, Inc.

• Lonza Group AG

• Merck KGaA

• Intertek Group plc

• Thermo Fisher Scientific, Inc.

• Eurofins Scientific S.E.

• F. Hoffmann-La Roche Ltd.

• Catalent

• Wuxi AppTec

• Takara Bio Inc

• Oxford Biomedica plc

• Cell and Gene Therapy Catapult

• FUJIFILM Holdings Corporation

• Danaher (Cytiva)

• Sartorius AG

• AGC Biologics.

• Eurofins Scientific

• Other Market Players

Market Dynamics:

Drivers-

The Cell & Gene Therapy Manufacturing Quality Control (QC) market is boosted by the multiplying demand for personalized medicine, advancements in cell and gene therapy technologies, increasing investments in research and development, and expanding regulatory approvals for cell and gene therapy products-additionally, the rising occurrence of chronic diseases and genetic disorders further fuels market growth.

Continuous advancements in cell and gene therapy technologies have led to the development of innovative therapies for various diseases, driving the demand for quality control measures. As the field progresses, there is a growing need for stringent quality control processes to ensure the safety, efficacy, and consistency of therapeutic products.

Challenges:

The Cell & Gene Therapy Manufacturing Quality Control (QC) market encounters several significant challenges. These include intricate manufacturing processes, stringent regulatory demands, elevated production expenses, and technical and logistical hurdles related to scaling up production to meet market demands. Additionally, ensuring the consistency and reproducibility of cell and gene therapy products poses continual challenges for manufacturers.

Regional Trends:

The North America Cell and Gene Therapy Manufacturing Quality Control (QC) market is expected to lead the global market revenue share. Factors such as well-established healthcare infrastructure, significant investments in research & development, the presence of key market players, and a supportive regulatory environment contribute to the region’s market leadership.

Europe holds a considerable share in the Cell and Gene Therapy Manufacturing Quality Control (QC) market, driven by the increasing adoption of innovative therapies, favourable government initiatives, and the robust pharmaceutical industry. The region is characterized by growing collaborations between industry stakeholders and academic institutions, fostering innovation and market growth.

Curious About This Latest Version Of The Report? Enquiry Before Buying: https://www.insightaceanalytic.com/enquiry-before-buying/2395

Recent Developments

• In Feb 2024, Thermo Fisher Scientific has established a novel sterile drug facility in Singapore, which will enhance the company’s capacity to supply clients in the Asia-Pacific region with novel pharmaceuticals and vaccines. In addition to being an investment in pandemic preparedness, the new facility signifies a significant achievement and milestone for Singapore, which is rapidly becoming a biomedical centre in the Asia-Pacific region.

• In Apr 2020, Merck, a prominent scientific and technological business, has declared the creation of a second establishment in Carlsbad, California, USA, specifically for its BioReliance® viral and gene therapy services. The anticipated inauguration of the state-of-the-art commercial establishment, with a budget of €100 million, is scheduled for the fiscal year 2021-2022.

Segmentation of Cell and Gene Therapy Manufacturing Quality Control (QC)-

By Component

• Equipment & Accessories

• Consumables

• Others

By Application

• Sterility Testing

• Purity Testing

• Potency Testing

• Identity Testing

• Others (stability, viability, etc.)

By Process-

• Upstream Processing

• Downstream Processing

• Packaging

By End-User-

• Pharmaceutical & Biotechnology Companies

• Contract Manufacturing Organizations

By Region-

North America-

• The US

• Canada

• Mexico

Europe-

• Germany

• The UK

• France

• Italy

• Spain

• Rest of Europe

Asia-Pacific-

• China

• Japan

• India

• South Korea

• Southeast Asia

• Rest of Asia Pacific

Latin America-

• Brazil

• Argentina

• Rest of Latin America

Middle East & Africa-

• GCC Countries

• South Africa

• Rest of Middle East and Africa

For More Customization @ https://www.insightaceanalytic.com/customisation/2395

Contact Us:

InsightAce Analytic Pvt. Ltd.

Tel.: +1 718 593 4405

Email: info@insightaceanalytic.com

Site Visit: www.insightaceanalytic.com

Follow Us on LinkedIn @ bit.ly/2tBXsgS

Follow Us On Facebook @ bit.ly/2H9jnDZ

About Us:

InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions.

Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses.

We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products.

Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

This release was published on openPR.