openPR Logo
Press release

Global Bone Marrow Processing Systems Market Growth during the Forecast Period, 2018-2028 / Key manufacturers ThermoGenesis (Cesca Therapeutics inc.), RegenMed Systems Inc., MK Alliance Inc., Fresenius Kabi AG, Harvest Technologies (Terumo BCT), Arthrex,

01-07-2019 07:34 AM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Global Bone Marrow Processing Systems Market Growth during

A bone marrow processing system is a functionally closed, sterile system designed for automatically isolating and concentrating stem cells derived from donated bone marrow aspirate. Rising applications of bone marrow transplant procedures and bone marrow donation procedures used in the treatment of bone marrow cancers, such as acute leukemia, multiple myeloma, immune deficiency disorders, aplastic anemia, spinal fusions, lymphomas, non-union fractures, osteonecrosis and other rare genetic diseases of the bone marrow, is the primary driver in the market. The need to selectively isolate and concentrate selective cells, such as mononuclear cells, allogeneic cancer cells, T cells and others, is driving the market. Over 30,000 bone marrow transplants occur every year. The explosive growth of stem cells therapies represents the largest growth opportunity for Bone Marrow Processing Systems Market.

Claim Sample Report For FREE: https://www.factmr.com/connectus/sample?flag=S&rep_id=1297

The attractive benefits of bone marrow processing systems over manual bone marrow aspiration and analytical chemistry isolation methods, such as consistency, high recoveries in a targeted volume, simultaneous processing, automation, smaller processing times, elimination of cell separation media or sedimentation agents, are driving the adoption of bone marrow processing systems. Other advantages, such as decreased risk of graft-versus-host diseases (GVHD) negate the high cost of bone marrow processing systems. The advancements in bone marrow harvest and bone marrow needles technology are also driving bone marrow processing system’s market growth.

However, high cost of installation and maintenance, lack of trained work force and the nascent stage of technology represent some of the restraints in the global bone marrow processing systems market. The high cost of bone marrow transplant procedures, risk of infections and poor healthcare infrastructure in developing regions are some other constraints in the bone marrow processing systems market. The bone marrow aspiration pain and the highly invasive nature of the procedure might also hamper the bone marrow processing system market over the forecast period.

The global market for bone marrow processing systems is highly consolidated with a handful players dominating the scene. The bone marrow processing system market trends include a definite shift in favor of developing regions of Asia Pacific, such as India and China. There is also a strong trend of collaborations between large hospitals and third party payers as the technology is in its nascent stage and the installation base of bone marrow processing systems is quite small. Technology gains from product development represent the largest value proposition.

Request Full Report with TOC: https://www.factmr.com/report/1297/bone-marrow-processing-systems-market

The global bone marrow processing systems market is classified into the following regions: North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. North America, dominated by the US, accounts for the largest share in the global bone marrow processing systems market owing to the concentration of key market players, strong research and development expenditure and quick uptake of latest technologies.

Asia Pacific excluding Japan bone marrow processing systems market is expected to grow at fastest CAGR owing to growing healthcare expenditure and improvements in healthcare infrastructure. China and India are expected to drive a lion’s share of the market owing to growing healthcare infrastructure and healthcare expenditure.

The Europe bone marrow processing systems market is expected to be led by Germany, France and the U.K. The Middle East and Africa bone marrow processing systems market is expected to be skewed in favor of gulf economies of Saudi Arabia, Kuwait and Qatar. The development of large medical complexes, such as the King Fahd Hospital in Riyadh, Saudi Arabia, coupled with large public healthcare share is expected to drive the market for bone marrow processing systems in the MEA.

Bone Marrow Processing Systems Market: Key Players

Examples of some of the major players operating in the global bone marrow processing systems market are ThermoGenesis (Cesca Therapeutics inc.), RegenMed Systems Inc., MK Alliance Inc., Fresenius Kabi AG, Harvest Technologies (Terumo BCT), Arthrex, Inc. and others.

Cesca Therapeutics inc. is the leader in the bone marrow processing system market accounting for the largest market share and is followed RegenMed Systems Inc. and others. Technology gains represent the best strategy in the market as market position of the firm can yield a large premium. Thus firms are engaged in the development of better products rather than cost reduction. For example, in July 16, 2018, Cesca Therapeutics launched its latest PXP bone marrow cells processing system which is a point-of-care setting, designed for surgical centers and clinics. The system is claimed to address red blood cell contamination, a serious shortcoming of currently-available systems. The system is a follow on of the company’s CAR-TXpress and related X-Series systems and is expected to strengthen its hold on the market.

The global bone marrow processing systems report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Request TOC of this Report- https://www.factmr.com/connectus/sample?flag=T&rep_id=1297

 

About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Blog: https://factmrblog.com/
Read Industry News at - https://www.industrynewsanalysis.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Bone Marrow Processing Systems Market Growth during the Forecast Period, 2018-2028 / Key manufacturers ThermoGenesis (Cesca Therapeutics inc.), RegenMed Systems Inc., MK Alliance Inc., Fresenius Kabi AG, Harvest Technologies (Terumo BCT), Arthrex, here

News-ID: 1473637 • Views: 483

More Releases from Fact.MR

07-02-2020 | Health & Medicine
Fact.MR
Medical Device Contract Manufacturing Market Set for Strong Growth, Production F …
The medical device contract manufacturing market is poised to expand at a CAGR of 11.3% during the forecast period (2020-2026). This is attributed to rapidly evolving healthcare industry and increasing adoption of technologically advanced surgical procedures. A number of original equipment manufacturers (OEMs) and contract manufacturers have been focusing on advanced technologies such as robotics, 3D-printing, and minimally invasive surgeries. Mergers & acquisition activities among leading players have greatly accelerated
06-02-2020 | Health & Medicine
Fact.MR
Fluid Management Market Expected to Grow Amid Covid-19, Finds Fact.MR
Growing prevalence of chronic disease and an expansion in numbers of geriatric population is leading to an upward facing growth curve for global fluid management market over the period of 2020 to 2025, states Fact.MR. It projects a compound annual growth rate or CAGR of about 5.3% for the market over this period, helping the market push its worth up significantly. It is significant to note here that while number of
Hand Sanitizer Market to Surpass US$ 2.8 Bn, Instant Hand Sanitizer Poised to Ho …
The global hand sanitizer market is set to surpass a value of ~US$ 1.4 Bn in 2020 and is anticipated to cross US$ ~2.8 Bn during the forecast period 2020-2030. The demand for gel-based sanitizer is on the rise as compared to foaming or spray sanitizer. Thus, manufacturers are focusing on developing gel-based sanitizers as they are widely used in multiple end-use industries. With the increased penetration of the online
03-20-2020 | Health & Medicine
Fact.MR
Medical Marker Bands Market Grows on the back of Their Radiopacity and Cost-effe …
Radiopacity of medical marker bands is giving significant impetus to their demand in the medical marker bands market. The properties of medical marker bands that increases their visibility under fluoroscopes or x-ray during critical procedures is giving an uptick to their sales worldwide. Manufacturers of medical marker bands are also showing a marked preference for cost-effective materials such as polymer and tantalum instead of traditional gold, platinum and palladium. On

All 5 Releases


More Releases for Bone

Bone Implant Market Gaining Momentum Worldwide - CT-Bone, 3D printed Bone Implan …
Market Highlights Bone implant products are used in numerous orthopedic surgeries to support the bone and to restore the functionality of the bone. The increasing geriatric population, growing number of orthopedic surgical procedures, rising prevalence of sports-related injuries, and bone weakness due to the changing lifestyle are the major factors driving the growth of the global bone implant market. Additionally, aggressive strategies adopted by top players and increasing spending on healthcare
Bone Fixation Screw Market
Global Bone Fixation Screw Market Research Report 2018 https://www.qandqmarketresearch.com/reports/bone-fixation-screw-market-26 This report studies the global Bone Fixation Screw market status and forecast, categorizes the global Bone Fixation Screw market size value & volume by key players, type, application, and region. This report focuses on the top players in North America, Europe, AsiaPacific, South America, and Middle East & Africa. Bone fixation is a surgical procedure that stabilizes and fix bone grafts and bone filling
Bone Replacement Products Market– Effective Solution for Bone Problems
The innovative replacement systems are designed to provide patients with a joint preservation ultimatum, preserving the healthy parts of the knee, thus helping to maintain natural knee function. For instance, in 2014, Cayenne Medical launched the Mirror Partial Knee System, the only knee replacement system that uses the patient’s natural knee motion during the surgical procedure. This unique technology balances the knee throughout the entire range of motion. The
Global Bone Glue Market| MarketResearchReports.biz
Latest industry research report on: Global Bone Glue Market | Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts Persistence Market Research presents an all-encompassing study of the global bone glue market titled Global Market Study on Bone Glue: Rising Adoption of Bone Glue for Orthopedic Surgeries Expected to Boost Demand for Bone Glue over the Forecast Period . This study demonstrates the market dynamics and trends globally
Bone Degeneration Therapeutics Market
Bone degeneration is characterized by deterioration of articular cartilage covering the joints. Cartilage aids free movement of the joint without any resistance. Reduction in flexibility of the joint due to deterioration of cartilage leads to inflammation, compressed nerves, and pain. Aging is one of the natural causes of bone degeneration, which is also fueled by several conditions such as injuries, congenital disorders, diabetes, and obesity. Symptoms of degenerative bone disorders
Bone Cancer Treatment Market
Cancer is one of the most prevalent fatal chronic disorders with a high mortality rate due to its extremely invasive nature and prolonged duration of disease. Bone cancer is a type of cancer in which the bone tissues grows in an uncontrollable manner. This growth may be benign or malignant. In most cases bone cancer results from other cancers such as lung cancer, kidney cancer, prostate cancer, and breast cancer,