Cell Isolation Market 2018 Expected To Surpass USD 10000 Million By The End Of 2023 | Top Key Players - GE Healthcare, Becton, Dickinson and Company, Beckman Coulter, Merck KGaA and others

Market Synopsis:

According to Market Research Future (MRFR)’s assessment, the global cell isolation market is expected to thrive at a CAGR of 17.8% during the forecast period 2018 to 2023. The market valuation is likely to reach USD 10,500 Mn by the end of the year 2023 up from USD 4, 098.5 Mn in 2017. Cell isolation has gained much popularity in medical science over the past few years. It is projected to extend its range of applications in the foreseeable future.

Investments in research & development for expansion of application across different treatments is a major factor responsible for attracting a larger customer base over the assessment period. The market is likely to exhibit tremendous potential for treating cancer. Millions of patients have cancer, and millions might be affected by it in the upcoming years. This, in turn, has unleashed growth opportunities for the players of the cell isolation market.

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Cell isolation is also presumed to witness accelerated adoption owing to its cost-effectiveness. Nevertheless, the expensiveness of the instruments and equipment is anticipated to check the expansion of the cell isolation market over the assessment period.

Market Segmentation:

By cell type, the global cell isolation market has been segmented into human cells and animal cells. The human cells segment is likely to dominate the market over the assessment period. Increasing count of cancer patients is presumed to drive the growth of the segment.

By technique, the cell isolation market has been segmented into centrifugation-based cell isolation, surface marker-based cell isolation, and filtration-based cell isolation. The market has paved the way for extensive research & development, which is fueling demand in the centrifugation-based cell isolation segment. It is projected to exhibit a stronger revenue growth in the forthcoming years.

By application, the global cell isolation market has been segmented into biomolecule isolation, cancer research, stem cell research, tissue regeneration, in-vitro diagnostics, and therapeutics. Among these, the biomolecules isolation segment is projected to capitalize on the growth of the biotechnology industry to emerge as the largest segment of the cell isolation market.

By end-user, the cell isolation market has been segmented into research laboratories & institutes, biotechnology & biopharmaceutical companies, cell banks, and hospitals & diagnostic laboratories. Among these, the biotechnology & biopharmaceutical companies segment has been estimated to strike a CAGR of 17.7% during the forecast period.

Regional Analysis:

By region, the global cell isolation market has been segmented into Americas, Europe, Asia Pacific, and the Middle East and Africa. Americas has been witnessing a steep rise in the patient pool of chronic diseases which has encouraged research & development activities in the region. This is likely to favor the growth of the cell isolation market as it offers actionable insights into cancer treatment, tumor treatment, etc.

Europe is likely to secure the second spot globally owing to the early adoption and innovation of novel healthcare technologies. The developed nations of Western Europe are projected to revolutionize the growth trajectory of the cell isolation market in the foreseeable future.

Asia Pacific is advancing towards a developed healthcare sector which is expected to augment the cell isolation market over the next couple of years. The fast-developing economies of the region are expected to catapult the cell isolation market on an upward trajectory.

Competitive Dashboard:

Some of the key players identified in the report are GE Healthcare, Beckman Coulter, Thermo Fisher Scientific Inc., Becton, Dickinson & Company, and Merck KGaA. Other players that contribute substantially towards the development of the cell isolation market are Bio-Rad Laboratories, Miltenyi Biotec, STEMCELL Technologies, TERUMO Corporation, and F.Hoffman-La Roche AG.

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This release was published on openPR.