Global Cell Expansion Market Projected to acquire Fastest Growth with a Highest CAGR of 17.8% with Key Players - BD, Merck KGaA, TERUMO BCT, INC., Lonza, Beckman Coulter, Inc., Cyto-Matrix Inc., ReNeuron Group plc, pluristem, NexImmune, RepliCel, Danaher
The Global Cell Expansion Market is accounted for USD 11.43 billion and market is growing at a CAGR of 17.8% during by the end of 2024.
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Market Segmentation: Global Cell Expansion Market
By product, global cell expansion market is segmented into
Consumables are further sub segmented into reagents, media, & serum and disposables.
Disposables are again sub segmented into bioreactor accessories, tissue culture flasks and others.
Instruments are segmented into cell expansion supporting equipment, bioreactors and automated cell expansion systems.
Cell Expansion Supporting Equipment can be further sub segmented into flow cytometers, centrifuges, cell counters and others.
Bioreactors can be further sub segmented into perfusion bioreactors and microcarrier bioreactors.
Microcarrier Bioreactors can be sub segmented into anchorage-dependent and anchorage independent.
On the basis of application, global cell expansion market is segmented into
stem cell research,
cell-based research and others
Based on end user, global cell expansion market is segmented into
pharma & biotech companies,
cell banks and others
On the basis of cell type, global cell expansion market is segmented into
human cells and
Human cells can be further sub segmented into stem cells and differentiated cells. Stem cells are sub segmented into adult stem cells, embryonic stem cells and induced pluripotent stem cells.
On the basis of geography, global cell expansion market report covers data points for 28 countries across multiple geographies such as
North America & South America,
Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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Key Players: Global Cell Expansion Market
BD, Merck KGaA, TERUMO BCT, INC., Lonza, Beckman Coulter, Inc., Cyto-Matrix Inc., ReNeuron Group plc, pluristem, NexImmune, RepliCel, TC BioPharm, GE Healthcare, Thermo Fisher Scientific, Inc., Corning Incorporated, Miltenyi Biotec, STEMCELL Technologies Inc., Danaher, CellProthera and others
Market Drivers and Restraints: Global Cell Expansion Market
Increasing incidence of chronic diseases.
Rising number of government initiative and investments in research
High costs of research
Stringent regulatory policies & ethical concerns regarding research
Technological advancements and new product launches
Increasing number of GMP-certified cell therapy production facilities
Rising number of livestock and instances of diseases
Competitive Analysis: Global Cell Expansion Market
The global cell expansion market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cell expansion market for global, Europe, North America, Asia Pacific and South America.
Table of Contents: Global Cell Expansion Market
Scope/opportunities of the Report
Porter’s Five Forces Analysis
Business Decision Framework
Drivers And Challenges
Market Key Trends
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