14.4% Growth Rate for Cell Therapy Technologies Market by 2023 | Beckman Coulter, Becton, Dickinson and Company, GE Healthcare, Lonza , Merck KGaA, Miltenyi Biotec, STEMCELL Technologies and Others.

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Cell Therapy Technologies Market 2019 Report analyses the industry status, size, share, trends, growth opportunity, competition landscape and forecast to 2023. It aims at estimating the market size and the growth potential of this market across different segments, such as industry, application, solution, type, and region.

The Global Cell Therapy Instruments Market is projected to reach US$ 19.9 Billion by 2023 from US$ 10.2 Billion in 2018, at a CAGR of 14.4% during the forecast period. Most Popular Companies in the Cell Therapy Technologies Market include are Beckman Coulter (US), Becton, Dickinson and Company (US), GE Healthcare (US), Lonza (Switzerland), Merck KGaA (Germany), Miltenyi Biotec (Germany), STEMCELL Technologies, Inc. (Canada), Terumo BCT (US), and Thermo Fisher Scientific (US).

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“Consumables segment to account for the largest market share in 2018”
Based on the Product, the cell therapy instruments market is segmented into consumables, equipment, and systems & software. In 2018, the consumables segment is expected to account for the largest share of the cell therapy instruments market. Factors such as increasing investments by companies to develop advanced products as well as government initiatives for enhancing cell-based research are contributing to the growth of the cell therapy consumables market.

“Cell processing segment dominates the cell therapy instruments market during the forecast period”
Based on Process, the cell therapy instruments market is segmented into cell processing; cell preservation, distribution, and handling; and process monitoring and quality control. The cell processing segment is expected to account for the largest share of the market in 2018 and is expected to grow at the highest CAGR during the forecasted period.

“Human cells to register the highest growth during the forecast period”
Based on Cell Type, the cell therapy instruments market is segmented into human cells and animal cells. In 2018, the human cells segment is expected to account for the largest share of the cell therapy instruments market. The rising adoption of human cells over animal cells for cell therapeutics research, technological advancements, and the rising incidence of diseases such as cancer and cardiac abnormalities are the key factors driving the growth of this segment.

“North America to command the largest share of the cell therapy instruments market in 2018”
The Cell Therapy Instruments Market is segmented into four major regions, namely, North America, Europe, Asia Pacific, and the Rest of the World (RoW). North America is expected to account for the largest market share in 2018. The increasing R&D activities in the pharmaceutical and biotechnology industries is one of the major factors driving the demand for cell therapy instruments in North America during the forecast period.

Breakdown of primary participants’ profile:
• By Company Type: Tier 1 - 20%, Tier 2 - 45%, and Tier 3 - 35%
• By Designation: C-level - 30%, Director-level - 20%, and Others - 50%
• By Region: North America - 35%, Europe - 24%, Asia Pacific - 25%, and the RoW - 16%

Report Highlights:
• To forecast the revenue of the market segments with respect to four main regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (RoW)

• To profile the key players and comprehensively analyze their market shares and core competencies in terms of market developments and growth strategies

• To identify the micromarkets with respect to drivers, industry-specific challenges, opportunities, and trends affecting the growth of the market

• To analyze market segments and subsegments with respect to individual growth trends, prospects, and contributions to the overall market

• To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders

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