Press release
Cell Expansion Market to reach USD 52.82 Bn by 2029, emerging at a CAGR of 15.1 percent and forecast 2023-2029
Cell Expansion Market Report Scope:The Cell Expansion Market is comprehensively analyzed in this report, covering various aspects such as product segmentation (consumables, instruments, bioreactors, and automated cell expansion systems), cell type categorization (human cells and animal cells), application focus (regenerative medicine and stem cell research, cancer and cell-based research, among others), end-user breakdown (research institutes, biotechnology and biopharmaceutical companies, cell banks, and other end-users), and regional insights (North America, Asia Pacific, Europe, Middle East & Africa, and South America).
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Cell Expansion Market Research Methodology:
Our research methodology encompasses a meticulous approach involving data collection, analysis, and interpretation, enabling us to provide a comprehensive view of the Cell Expansion Market. We employ cutting-edge techniques to gather and process data, ensuring the accuracy and reliability of our findings.
What are Cell Expansion Market Dynamics:
Impact of COVID-19: The pandemic has spurred significant interest in cell-based therapies, particularly mesenchymal stromal cells (MSCs), as a potential treatment for COVID-19. Clinical studies and research related to cell expansion have surged worldwide, contributing to market growth.
Rising Incidence of Chronic Diseases: Cell expansion plays a crucial role in developing treatments for diseases such as cancer and diabetes. The increasing prevalence of these illnesses necessitates extensive research, further driving the demand for cell expansion tools and products.
Emerging Markets: Emerging biotechnology and pharmaceutical markets in countries like India, Brazil, and China are expected to fuel market growth. These regions are witnessing substantial expansion in their biotechnology and pharmaceutical sectors, leading to a growing need for cell expansion products.
Cell Expansion Market Regional Insights:
North America: Accounted for the largest share (43.1%) in 2022 due to factors such as increasing cancer incidence, government funding, and a robust presence of industry players. Ongoing research efforts in stem cell therapy and regenerative medicine continue to drive growth in the region.
Asia Pacific: Expected to witness the fastest growth during the forecast period, driven by the efforts of local pharmaceutical and biotechnology companies in developing cellular treatments. Partnerships and collaborations are boosting sales and revenue in this region.
The Cell Expansion Market is poised for substantial growth, fueled by advancements in cell-based therapies, increasing research activities, and expanding markets in the biotechnology and pharmaceutical sectors. For more detailed insights, please refer to our comprehensive report.
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What is Cell Expansion Market Segmentation:
by Product
1. Consumables
1.1 .Reagents
1.2. Media
1.3. Sera
1.4. Disposables
1.4.1. Tissue Culture Flasks
1.4.2. Bioreactor Accessories
1.4.3. Other Disposables (Pipette Tubes, Petri Plates, Centrifuge Tubes, Cell Expansion Bags, and Filtration Membranes)
2. Instruments
2.1. Cell Expansion Supporting Equipment
2.1.1. Flow Cytometers
2.1.2. Centrifuges
2.1.3. Cell Counters
2.1.4. Other Supporting Equipment
3. Bioreactors
3.1 Microcarrier Bioreactors
3.1.1. Microcarrier-based anchorage-dependent bioreactors
3.1.2. Suspension-based anchorage-independent bioreactors
3.2. Perfusion/Hollow Fibre Bioreactors
4 Automated Cell Expansion Systems
by Cell Type
1. Human Cells
1.1. Stem Cells
1.2. Adult Stem Cells
1.2.1. Induced Pluripotent Stem Cells
1.2.2. Embryonic Stem Cells
1.2.3. Differentiated Cells
2 Animal Cells
by Application
1. Regenerative Medicine and Stem Cell Research
2. Cancer and Cell-based Research
3. Other Applications (clinical studies, toxicology studies)
by End-User
1. Research Institutes
2. Biotechnology and Biopharmaceutical Companies
3. Cell Banks
4. Other End Users (Hospitals and diagnostic laboratories)
Due to the increasing e-commerce industry's use of non-cash payment methods globally, which is increasing the transaction application, in the market, the transaction sector is anticipated to have the bigger market size throughout the forecast period.
Online Analytical Processing (OLAP) and Online Transaction Processing (OLTP) are the two categories according to processing type. OLAP systems are anticipated to experience the fastest CAGR growth among them all during the projection period. OLAP systems are frequently used for corporate process management, sales management, forecasting, and corporate Intelligence (BI). Organisations' struggles with massive data are aided by in-memory OLAP solutions.
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Who are Cell Expansion Market Key Players:
1. Thermo Fisher Scientific
2. Danaher
3. Becton
4. Dickinson and Company
5. Lonza
6. Corning
7. Merck
8. Miltenyi Biotec
9. STEMCELL Technologies Inc.
10.Sartorius Stedim Biotech
11.Terumo
12.REPROCELL
13.iXCells Biotechnologies
14.Neuromics
15.G&G technologies
16.Celltainer Biotech
Table of content for the Cell Expansion Market includes:
Global Cell Expansion Market: Research Methodology
Global Cell Expansion Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Cell Expansion Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MandA by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4.Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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