Live Cell Encapsulation Market to grow a CAGR of 3.1% by 2032

The report published by The Brainy Insights shows that the global live cell encapsulation market is expected to grow from USD 250 million in 2022 to USD 339.2 million by 2032, at a CAGR of 3.1% during the forecast period 2023-2032. North America emerged as the most significant global live cell encapsulation market, with a 37.98% market revenue share in 2022. The presence of substantial companies, increased financing and investment for research and development programs in the United States and Canada, increasing per capita healthcare expenditure, and developed healthcare infrastructure are the primary factors responsible for the market's significant share. The Pharmaceutical Research and Manufacturers of America (PhRMA) reported in September 2021 that biopharmaceutical companies had spent more than $1 trillion on research and development over the previous ten years. The year 2020 set a record with an investment of about $91 billion by PhRMA member companies. Hence, increased R&D spending gives great potential for market participants to bring technologically enhanced products to market.

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Live Cell Encapsulation Market Size By Method (Nanoencapsulation, Microencapsulation, and Macroencapsulation), By Polymer Type (Alginate, Silica, Chitosan, Cellulose Sulphate, and Others), By Application (Drug Delivery, Cell Transplantation, Regenerative Medicine, and Others), Regions, Global Industry Analysis, Share, Growth, and Trends. Forecast 2023 to 2032

Leading companies in the industry include AUSTRIANOVA, Living Cell Technologies Ltd., Merck KGaA, Diatranz Otsuka Ltd., Sphere Fluidics Ltd., ViaCyte, Inc., Blacktrace Holdings Ltd. (Dolomite Microfluidics), BIO INX, Isogen, and Sigilon Therapeutics, Inc. among others, offer more significant opportunities and continuously focus on new product developments and venture capital investments to obtain market share.

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The method segment is divided into nanoencapsulation, microencapsulation, and macroencapsulation. The microencapsulation segment dominated the market, with a market share of around 37.56% in 2022. Small particles or spatters of the active ingredient (s) are typically surrounded by a covering or implanted in a homogeneous or heterogeneous matrix of polymeric materials to create small capsules with a range of valuable properties. These capsules can range from a few nanometers to several millimetres. The polymer type segment is divided into alginate, silica, chitosan, cellulose sulphate, and others. The alginate segment dominated the market, with a market share of around 40.23% in 2022. Because of its excellent stability, consistent structure, and high permeability, the alginate segment is expected to increase significantly during the forecast period. The application segment is divided into drug delivery, cell transplantation, regenerative medicine, and others. The drug delivery segment dominated the market, with a market share of around 38.67% in 2022. The expansion of the drug delivery segment is primarily driven by the increased use of cell encapsulation for drug delivery due to higher benefits during procedures, such as enhanced efficacy, improved patient compliance, lower toxicity, and comfort.

An array of disorders are treated using live cell encapsulation technology. By encasing live cells in biocompatible capsules, the technology ensures that the immune system protects the cells from destruction. A patient's body releases the encapsulated cells gradually, which can also be used for in-vivo research without altering the host DNA.

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