Cell Expansion market is estimated to grow at a CAGR of 10.8% within the forecast period of 2023-2030 : Cognitive Market Research

Overview:
The process of creating daughter cells from a single cell is known as cell expansion. Cell growth requires the controlled loosening of the wall, synthesis of new cell wall material, and allowing it to increase and stretch in area. Cell-wall-associated proteins are the main component in this process. It is utilized in cell microbiology research, drug screening, and drug development. Cell expansion is often used to enhance transplantation and the treatment of diseases, including diabetes, and rheumatoid arthritis.

Summary:
The global cell expansion market is estimated to be valued at USD 16,011.5 Million in 2022 and is expected to exhibit a CAGR of 10.8% during the forecast period.
• North America dominated the global cell expansion market and accounted for the largest revenue share in 2022
• The consumables segment is expected to dominate the global market in 2022, and remain its dominant during the forecast period.

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Market Dynamics:
Increasing incidences of chronic diseases such as diabetes, cancer, and rheumatoid arthritis are the key factor that drives the growth of the global cell expansion market. In addition, a rise in the number of anti-microbial therapy-related product launches is anticipated to drive the growth of the global cell expansion market during the forecast period. However, the high cost of cell-based therapies and ethical concerns regarding research in cell biology may hamper the growth of the global market.

Market Scope:
• The consumables segment is expected to dominate the global market in 2022, and remain its dominant during the forecast period. This is due to an increase in the manufacturing of vaccines and other biologics in the biotechnology and biopharmaceutical industries.
• The tissue culture and engineering segment is expected to be the largest revenue share during the forecast period, due to increased funding for regenerative medicine, and recent advancements in tissue engineering.
• Pharmaceutical & biotechnology companies held the largest market share in 2022 and are expected to grow during the forecast period. This is attributed to the expansion of cell-based treatments in the healthcare sector, the high burden of chronic diseases, and an increase in R&D activities in the pharmaceutical and biotechnology industries.

Market Segmentation:
• Type: Reagent, Media, Bioreactor
• Application: Regenerative Medicine, Cell Banking, Cancer Research, Other
• The Major Players: GE Healthcare Life Sciences, Thermo Fisher Scientific, Terumobct, Xpand Biotechnology, BINKIT, AMMSTM, Lonza Group, Terumo, Becton Dickinson

News:
April 2022
• Ncardia has launched Cellistic, an iPSC cell therapy CDMO (Contract Development and Manufacturing Organization).
Ncardia, which is a leader in contract manufacturing, research, and development, solutions launched Cellistic, an iPSC cell therapy CDMO (Contract Development and Manufacturing Organization). Further, Cellistic focuses on the manufacturing and development of human induced pluripotent stem cell (iPSC)-based cell therapies. Celletic's expertise focus on iPSC differentiation, reprogramming, and expansion protocol makes it an ideal partner for innovative cell therapy developers looking to commercialize novel advanced therapies.

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Regional Analysis:
• North America is expected to held a dominant position in the global cell expansion market in 2022, due to increasing product launches in the region, growing government funding, and rising incidences of cancer. On the other hand, Asia-Pacific is expected to dominate the market growth during the forecast period, due to constantly expanding economic development and healthcare infrastructure.

Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Cell Expansion Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Segmentation
1.5.1 Regional Fragmentation
1.5.1 Market Players
• 1.6 Report Duration
Chapter 2 Research Methodology
Chapter 3 Executive Summary
Chapter 4 Global Cell Expansion Market Overview
• 4.1 Introduction
• 4.2 Global Cell Expansion Market Statistics by Regions (2018-2030)
4.2.1 North America Cell Expansion Status and Prospect (2018-2030)
4.2.2 Europe Cell Expansion Status and Prospect (2018-2030)
4.2.3 Asia Pacific Cell Expansion Status and Prospect (2018-2030)
4.2.4 Latin America Cell Expansion Status and Prospect (2018-2030)
4.2.5 Middle East and Africa Cell Expansion Status and Prospect (2018-2030)
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Cell Expansion Market by Type Segmentation Analysis (2018-2030)
Chapter 9 Global Cell Expansion Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Cell Expansion Market Regional Analysis
Chapter 11 North America Cell Expansion Market Outlook (2018 - 2030)
Chapter 12 Europe Cell Expansion Market Outlook (2018 - 2030)
Chapter 13 Asia Pacific Cell Expansion Market Outlook (2018 - 2030)
Chapter 14 Latin America Cell Expansion Market Outlook (2018 - 2030)
Chapter 15 Middle East and Africa Cell Expansion Market Outlook (2018 - 2030)
Chapter 16 Research Findings

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