Global Competent Cells Market, By Type (Chemically Competent Cell, Electrocompetent Cells), Application (Protein Expression, Cloning, Biotechnology, Other Applications), End User (Pharmaceutical and Biotechnology Companies, Academic Research Institutes, Contract Research Organizations (CROs)), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
The global competent cells market is expected to witness market growth at a rate of 10.11% in the forecast period of 2021 to 2028 and is expected to reach USD 3,309.64 million by 2028. Data Bridge Market Research report on competent cells market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The emergence of new technologies is escalating the growth of competent cells market.
Competent cells refer to E.coli cells in which their cell walls are altered in order to allow easy incorporation of foreign DNA into the cells. The cells are made competent by either chemical or electrical means and are utilized in various applications such as cell transformation, cell cloning and other cell engineering applications.
The increase in the number of research and development activities in the biotechnology sector, acts as one of the major factors driving the growth of competent cells market. The rise in the focus on cell cloning activities such as recombinant protein expression and mutagenesis because of the COVID-19 pandemic and increase in demand for competent cells for making cloned copies of viral plasmids accelerate the competent cells market growth. The increase in the investments from public and private companies for advancements in molecular cloning research and the rise in commercial demand for molecular cloned product further influences the competent cells market. Additionally, growing initiatives by government in the form of funding, growth in population, rise in healthcare expenditure, awareness regarding the products and surge in healthcare expenditure positively affect the competent cells market. Furthermore, rise in demand for novel products and emerging nations extend profitable opportunities to the competent cells market players in the forecast period of 2021 to 2028.
On the other hand, high cost associated with the competent cell kits and the increase in market consolidation creating strong entry barriers are the factors expected to obstruct the competent cells market growth. Lack of skilled professionals is projected to challenge the competent cells market in the forecast period of 2021-2028.
This global competent cells market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on competent cells market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Competent Cells Market Scope and Market Size
The global competent cells market is segmented on the basis of type, application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of type, the competent cells market is segmented into chemically competent cell and electro competent cells.
- On the basis of application, the competent cells market is segmented into protein expression, cloning, biotechnology and other applications. Cloning is further segmented into subcloning and routine cloning, phage display library construction, toxic/unstable DNA cloning and high-throughput cloning. Other applications are further segmented into mutagenesis, single-stranded DNA production, lentiviral vector production and large plasmid transformation.
- On the basis of end user, the competent cells market is segmented into pharmaceutical and biotechnology companies, academic research institutes and contract research organizations (CROs).
Global Competent Cells Market Country Level Analysis
The competent cells market is analyzed and market size insights and trends are provided by country type, application and end user as referenced above.
The countries covered in the global competent cells market report are the U.S., Canada and Mexico in North America, 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 (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America and Europe dominate the global competent cells market due to the rise in commercial need for recombinant products and extensive research activities in recombinant therapy owning to innovation in technology within the region. Asia-Pacific is expected to witness the highest growth rate during the forecast period of 2021 to 2028 because of the rising number in research activities, surge in investment by key players for manufacturing and research activities in countries such as India.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The competent cells market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for competent cells market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the competent cells market. The data is available for historic period 2011 to 2019.
Competitive Landscape and Competent Cells Market Share Analysis
The competent cells market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to competent cells market.
The major players covered in the competent cells market report are Thermo Fisher Scientific Inc., Merck KGaA, Promega Corporation, Takara Bio Inc., New England Biolabs, Bio-Rad Laboratories, Inc., Transgen Biotech Co., LTD, Agilent Technologies, Inc., Illumina, Inc., Zymo Research, QIAGEN, GenScript, OriGene Technologies, Inc., HiMedia Laboratories, Avantor, Inc., Scarab Genomics, LLC, Lucigen, Tonbo Biosciences, Enzynomics co Ltd, Klee GmbH, NZYTech, Lda among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.