Press release
Cell Harvesting Market: Insights into Trends and Growth Opportunities || PerkinElmer Inc., Connectorate AG, Sartorius AG, Terumo Corporation
Cell Harvesting Global Market Report 2024
The Business Research Company presents an extensive market research report on the Cell Harvesting Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The cell harvesting market size has grown strongly in recent years. It will grow from $10.07 billion in 2023 to $10.77 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to increased prevalence of chronic diseases, rising investments in research and development, expanding applications in regenerative medicine.
The cell harvesting market size is expected to see strong growth in the next few years. It will grow to $14.09 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to increasing incidence of diseases, aging population trends, widening applications in therapeutics, strategic collaborations. Major trends in the forecast period include technological advancements, product innovations, regulatory landscape, market competition, global market expansion.
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Key Market Players:
Major companies operating in the cell harvesting market report are PerkinElmer Inc., Connectorate AG, Sartorius AG, Terumo Corporation, Cox Scientific Ltd., AVITA Medical Inc., Tomtec Inc., Teleflex Incorporated, Arthrex Inc., Antylia Scientific, Danaher Corporation, Bertin Technologies Group, Merck & Co. Inc., Eurofins Scientific SE, Agilent Technologies Inc., Pall Corporation, Thermo Fisher Scientific Inc., Scinomix Inc., Brandel Co., ADSTEC Corporation, Thomas Scientific Inc., Miltenyi Biotec Technology & Trading Co. Ltd., Terumo BCT Inc., Bertin Pharma SAS, GE Healthcare, Argos Technologies Inc., Esco Lifesciences Group, ReproCell Inc., CESCO Bioengineering Co. Ltd.
Market Drivers:
Rising cases of chronic disease are expected to propel the growth of the cell harvesting market going forward. Chronic disease refers to health problems that persist for a year or longer and necessitate continuing medical care, restricting everyday activities, or both. The rising number of chronic diseases requires more research to find novel treatments for diseases that require cell-harvesting procedures for drug development. For instance, in January 2022, according to research published by the American Cancer Society, a US-based health organization, in the US, 609,360 cancer deaths and 1.9 million new cancer cases are anticipated in 2022. It is about 1,670 fatalities each day. Therefore, rising cases of chronic disease drive the cell harvesting market.
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https://www.thebusinessresearchcompany.com/report/cell-harvesting-global-market-report
The cell harvesting market covered in this report is segmented -
1) By Type: Manual Cell Harvesters, Automated Cell Harvesters
2) By Distribution Channel: Retail, Direct Tenders
3) By End-Users: Biotechnology and Biopharmaceutical Companies, Research Institute, Other End-Users
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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