The global cell harvesting market is likely to boost due to the growing demand for regenerative medicines, increased biomedical applications, and reduced cost and rapid processing.

The global cell harvesting market size was valued at USD 1319.8 million in 2019 and projected to reach USD 4045.8 million by 2027, growing at a CAGR of 13.56% during the forecast period, 2020-2027. It is due to the rising investments in regenerative medicine and cell-based research. Further, the increasing incidence of chronic and infectious diseases will augment the growth of the global cell harvesting industry in the forecast periods. Additionally, the growing growth for biopharmaceutical and biotechnology companies with rising demand for new products is expected to foster global market growth. With the development of cell harvesting technology and the increase in people's medical consumption, expenditure will bolster the growth of the worldwide cell harvesting market share in the coming years. Moreover, the government's interference in improving healthcare infrastructure and swelling investments in the R&D sector will stimulate the market share. Furthermore, the rising investments in stem cell therapy and cancer research will accelerate the growth of the global cell harvesting industry.

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Type Overview in the Global Cell Harvesting Market

The global cell harvesting market is segregated into manual cell harvesters and automated cell harvesters based on the type. The computerized cell harvesters segment is estimated to witness the highest growth over the analysis timeframe due to high accuracy, user-friendly & straightforward programmability. It frees up hands-on laboratory time with increased productivity.

Application Overview in the Global Cell Harvesting Market

Based on the application, the global cell harvesting market is classified into biopharmaceutical application, stem cell research, and other applications. Stem cell research is expected to be the highest revenue share for cell harvesting during the forecast period. The segment's hike is primarily attributed to the rising demand for transplants, increasing research on cancer cells & cancer therapy, and rising demand for regenerative medicines.

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End-User Overview in the Global Cell Harvesting Market

Based on the end-user, the global cell harvesting market is segmented into biotechnology & pharmaceutical companies, research institutes, and other end-users.
The biotechnology and pharmaceutical companies segment will dominate the global cell harvesting market by 2027. Due to the ongoing number of clinical trials for testing new drugs' safety &effectiveness, growing biopharmaceutical industries, and increasing adoption of monoclonal antibodies production &downstream purification.

Region Overview in the Global Cell Harvesting Market

The global cell harvesting market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa by geography. North America is estimated to project considerable growth over 2020-2026. It is owing to rising research on stem cells, increasing demand for cell-based drug delivery systems, and the presence of key market players. In addition, the rising incidence of cancer across the region, coupled with the growing need for cancer treatments and bone marrow transplants, is expected to boost the cell harvesting market.
The Asia Pacific will produce a prominent share of the cell harvesting market by 2027. It is due to the rising demand for monoclonal antibodies and increasing government investments in research & development activities.

Global Cell Harvesting Market: Competitive Landscape

Companies such as Tomtec, Cox Scientific, Adstec Holding GmbH, Perkin Elmer, Brandel, Connectorate AG, Terumo BCT, and CTIBiotech Corporation are the key players in the global cell harvesting market.

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