Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 2,230.56 Million | USD 5,012.16 Million | 10.65% | 2022 |
The global competent cells market size was evaluated at $2,230.56 million in 2022 and is slated to hit $5,012.16 million by the end of 2030 with a CAGR of nearly 10.65% between 2023 and 2030.
Competent cells are utilized in the transformation process. Transformation refers to the intake of extracellular DNA to modify the genes of particular cells. Transformation is a unique process in molecular cloning and associated biotechnological applications. Technology is vital in the development and innovation of vaccines for the treatment of several diseases. Furthermore, competent cells are a kind of bacterial cells that accept the plasmid and extrachromosomal DNA. E Coli possesses the property to inculcate foreign DNA into cells.
The cell wall is made with the help of heat shock and calcium chloride. The bacteria is then cooled down with the help of calcium chloride at zero degrees and later heated at 47 degrees for some time. The calcium chloride treatment is done to neutralize the action of phospholipid in the membrane. On other hand, the heat causes a thermal gradient that helps in making space for DNA to enter the competent cell. However, such cells are widely utilized for the transformation process.
The development in the field of molecular cloning research owing to the emergence of modern technology along with the surging commercial demand for molecular clone solutions is one of the major factors driving the growth of the global competent cells market.
The outbreak of the Covid-19 pandemic is positively impacting the growth of the market. The outbreak of pandemic has significantly scaled the research and development activities in the field of biotechnology. Cell cloning activities like mutagenesis and recombinant protein expression have been in focus since the outbreak of the pandemic, which in turn will positively influence the global competent cells market. In order to examine the SARSnCoV genome, there has been a high requirement for competent cells for the extraction of cloned copies of viral plasmids.
The growing investments from private and public companies along with the launch of novel products are likely to fuel the need for competent cells in the market globally. Biotechnology and genetic engineering have significantly expanded the scope of healthcare by facilitating treatment for a large number of diseases that were not initially feasible. However, the high demand for products extracted from recombinant DNA technology finds a large number of applications in therapeutic products like protein therapies and vaccines. These include various therapies ranging from human growth hormone to human insulin therapies.
Also, the presence of favorable reimbursement policies and an efficient regulatory landscape is likely to steer the growth of the global competent cells market significantly in the forthcoming years. However, the surging number of startups and small companies entering the market to explore the untapped potential of the global competent cells market will further boost market growth.
Report Attributes | Report Details |
---|---|
Report Name | Competent Cells Market Research Report |
Market Size in 2022 | USD 2,230.56 Million |
Market Forecast in 2030 | USD 5,012.16 Million |
Growth Rate | CAGR of 10.65% |
Number of Pages | 215 |
Key Companies Covered | Origene Technologies, Inc., Genscript, Qiagen, Illumina, Inc., Agilent Technologies, Bio-Rad Laboratories, Inc., New England Biolabs, Takara Bio, Inc., Promega Corporation, and Merck KGaA. |
Segments Covered | By Type, By Application, By End User and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2023 - 2030 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The global competent cells market can be segmented into end-user, type, application, and region.
By end-user, the market can be segmented into contract research organizations, pharmaceutical & biotechnology companies, academic research institutes, and others. The pharmaceutical & biotechnology companies segment accounts for the largest share in the global competent cells market. The growth can be attributed to the growing research activities along with innovations and advancements in the field of proteomics and genomics-based products.
By type, the market can be segmented into electro and chemically competent cells. The chemically competent cell segment dominates the global competent cells market. However, the electrocompetent cell segment is likely to grow with the highest CAGR due to the fact that it is suitable for a large number of molecular biology applications including the generation of cDNA libraries.
By application, the market can be segmented into protein expression, cloning, and others. The cloning segment holds hegemony over others due to the ongoing research activities along with growing government funding support. The cloning segment can further be bifurcated into high-throughput cloning, unstable DNA cloning, phage display library construction, and subcloning & routine cloning. The other segment can further be bifurcated into a lentiviral vector, single-stranded DNA production, large plasma transformation, and mutagenesis.
North America accounts for the largest share in the global competent cells market due to the several research activities happening in the field of recombinant protein and cloning technology. Also, the presence of key market leaders in the field of competent cells in the region is likely to further accentuate the growth of the regional market. The presence of favorable reimbursement and medical policies in the region will also encourage the development and innovation in the field of biotechnology using competent cells.
The global competent cells market is led by players like:
By Type
By Application
By End User
Global Competent Cells Market: Regional Segment Analysis
What Reports Provides
FrequentlyAsked Questions
Competent cells, in the context of molecular biology and genetic engineering, are cells that have been altered to be more readily accepting of foreign DNA. These cells are capable of taking up exogenous DNA molecules, such as plasmids or other types of DNA fragments, and incorporating them into their own genetic material. This process is crucial for various molecular biology techniques, including genetic transformation, gene cloning, and the creation of genetically modified organisms.
The increasing applications of genetic engineering and synthetic biology in various industries, including biotechnology and pharmaceuticals, can drive the demand for competent cells. Growth in research and development activities, particularly in the fields of molecular biology, genetics, and biotechnology, contributes to the demand for competent cells as essential tools for genetic manipulation.
The global competent cells market size was evaluated at $2,230.56 million in 2022 and is slated to hit $5,012.16 million by the end of 2030 .
The global competent cells market with a CAGR of nearly 10.65% between 2023 and 2030.
North America accounts for the largest share in the global competent cells market due to the several research activities happening in the field of recombinant protein and cloning technology. Also, the presence of key market leaders in the field of competent cells in the region is likely to further accentuate the growth of the regional market. The presence of favorable reimbursement and medical policies in the region will also encourage the development and innovation in the field of biotechnology using competent cells.
Some of the significant players in the global competent cells market are Origene Technologies, Inc., Genscript, Qiagen, Illumina, Inc., Agilent Technologies, Bio-Rad Laboratories, Inc., New England Biolabs, Takara Bio, Inc., Promega Corporation, and Merck KGaA.
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed