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Stable Growth Predicted in Cell Isolation Market in Coming Years

12-14-2021 09:04 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: P&S Intelligence

Stable Growth Predicted in Cell Isolation Market in Coming Years

Cell isolation is being widely used in the healthcare sector to facilitate the production of biopharmaceuticals and early detection of diseases. Cell separation or isolation techniques are applied in the manufacturing of biopharmaceuticals, such as biosimilars, monoclonal antibodies, and recombinant proteins. Since the cells are derived from plant, human, and animal sources, they need a more scrutinized filtration system to prevent contamination by bacteria and viruses.

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Moreover, a surge in government investment and funding is leading to an advancement in the technologies used for cell isolation and pharmaceutical production. The funding for cell-based research is rising worldwide to come up with better ways to treat and control cancer and other chronic ailments. Due to these developments, the demand for cell separation procedures is escalating, which, in turn, is expected to propel the cell isolation market at a CAGR of 18.8% during 2018–2023. According to P&S Intelligence, the market was valued at $4.6 billion in 2017, and it is expected to reach $12.6 billion by 2023.

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Additionally, the categories under the end user segment of the cell isolation market include research laboratories and institutes, cell banks, biotechnology and biopharmaceutical companies, and hospitals and diagnostic laboratories,. Among these, the research laboratories and institutes category dominated the market in 2017 due to the widescale adoption of cell isolation techniques for research purposes. During the forecast period, the hospitals and diagnostic laboratories category is expected to display the fastest growth. This can be ascribed to the surging incidence of bacterial and viral infections, which is why cell isolation products are being widely used in such settings for isolating and identifying the pathogens using cell culture.

Thus, the soaring demand for biopharmaceuticals and rising investment from governments for cell-based research will increase the application of cell isolation processes in the healthcare and pharmaceutical sectors in the future.

About P&S Intelligence
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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