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Cell Harvesting Market Analysis 2024 -2033: Forecasted Market Size, Top Segments, And Largest Region | PerkinElmer Inc., Connectorate AG, Sartorius AG, Terumo Corporation, Cox Scientific Ltd., AVITA Medical Inc
Cell Harvesting Market Characteristics
The Business Research Company offers in-depth market insights through Cell Harvesting Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
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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Market Segmentation:
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
Major Driver - Elevated Incidence Of Chronic Diseases Fuels Growth In The Cell Harvesting Market
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.
Competitive Landscape:
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.
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Top Trend - Innovative Technological Advancements Propel Growth In The Cell Harvesting Market
Technological advancements are a key trend gaining popularity in the cell harvesting market. Major players are concentrating their efforts on creating innovative technologies to sustain their position in the cell harvesting market. For instance, in September 2022, Thermo Fisher Scientific Inc., a US-based scientific manufacturing company, launched the DynaSpin Single-Use Centrifuge System based on DynaSpin technology. The technology is specially created to offer the best single-use answer for extensive cell culture collection and offer centrifugation for cell harvesting. The DynaSpin system helps biological producers achieve their sustainability targets while lowering overall production costs. This device delivers up to a six-fold decrease in material requirements, eliminating 70% of waste compared to conventional harvest systems by lowering the number of filters needed for harvesting for the production of biologics.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Cell Harvesting Market Characteristics
3. Cell Harvesting Market Trends And Strategies
4. Cell Harvesting Market - Macro Economic Scenario
5. Cell Harvesting Market Size And Growth
…..
27. Cell Harvesting Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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