Press release
Primary Cells Market Latest Trends and Future Aspect Analysis
Primary Cells Market worth $3.91 Bn by 2024-2031 - Exclusive Report by InsightAce Analytic Pvt. Ltd.InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Primary Cells Market- (By Type (Hematopoietic, Dermatocytes, Hepatocytes, Gastrointestinal, Lung, Renal, Heart, Musculoskeletal), Origin (Human Primary Cells, Animal Primary Cells), End User (Life Science Research Companies, Research Institutes, Others)), Trends, Industry Competition Analysis, Revenue and Forecast To 2024-2031."
According to the latest research by InsightAce Analytic, the Global Primary Cells Market is valued at US$ 1.63 Bn in 2022, and it is expected to reach US$ 3.91 Bn by 2031, with a CAGR of 10.4% during a forecast period of 2024-2031.
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Primary cells are grown in a petri dish after being separated from a living tissue sample, such as a biopsy. The cells taken out of or divided from a live thing are known as primary cells. Besides progenitor cells and progenitor populations, most primordial cells are highly specialized, terminally differentiated cells.
The growing demand for monoclonal antibodies, the government's increased funding of cell-based research, the preference for primary human cells over cell lines, the booming pharmaceutical and biotech sectors, the rise in cancer studies, and other factors are all contributing to the expansion of this market. In addition, the market is anticipated to be driven in the upcoming years by a rise in the requirement to assess the biological significance of the toxicity of substances, drugs, and mixtures that help identify possible threats. Automation, single-cell analysis, and imaging technology have opened up new possibilities for rigorous primary cell research for scientists and pharmaceutical companies.
However, due to limited cell sources and short culture times, some cell types and new samples may become scarce, hindering market expansion.
List of Prominent Players in the Primary Cells Market:
• Thermo Fisher Scientific, Inc.
• Merck KgAa
• Corning Incorporated
• Lonza Group
• Charles River Laboratories, Inc.
• PromoCell Gmbh
• American Type Culture Collection (ATCC)
• Cell Biologics, Inc.
• Zen-Bio, Inc.
• Stemcell Technologies, Inc.
• AllCells
• iXCells Biotechnologies
• Neuromics
• Axol Bioscience Ltd.
• StemExpress
• Bioivt
• ScienCell Research Laboratories, Inc.
• AmsBio
• ProMab Biotechnologies, Inc.
• Creative Bioarray
• Bps Bioscience, Inc.
• Epithelix
• Reachbio Research Labs
• AcceGen
• Kosheeka
• Others
Market Dynamics:
Drivers-
The growing demand for primary cells is fueled by the rising demand for research into intracellular and oral communication, biological processes of development, and the underlying mechanisms of diabetes, Parkinson's disease, and cancer. Researchers and scientists favor human primary cells because they allow for the generation of data that is more indicative of in vivo results than cell lines, which lose some of their physiological significance with each passage. Furthermore, recent advances, product launches, and approvals by major corporations have all contributed to a rise in consumer demand. As a result, the need for primary cell products is expected to increase in the coming years.
Challenges:
The prime challenge is high cost, strict regulations, and cross-cultural pollution markets because of lockdowns and isolation in emerging countries, which is predicted to slow the growth of the primary cells market. However, it can be difficult to get high-quality primary cells due to the scarcity of some forms of tissue and the inherent diversity of individual donors. It may also be challenging to meet the demand for specific research needs if a sufficient supply of a desired primary cell type is unavailable. It can be difficult to acquire primary cells because of issues such as tissue acquisition, donor variability, tissue preservation and transport, and the scarcity of specific cell types.
Regional Trends:
The North America primary cells market is anticipated to register a major market share in terms of revenue. It is projected to grow at a high CAGR in the near future because, with increasing populations and more diseases to treat, researchers have had to put more effort into creating innovative cell culture applications, instruments, cell kinds, and cellular interactions. Besides, Asia Pacific had a substantial share in the market because of rising rates of cancer and other chronic diseases, as well as population increase in the region, which are driving forces behind the industry's development in this sector.
Moreover, the presence of key market players and the growing cooperation between major players for market penetration in the area enables an opportunity to grow the global primary cells market.
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Recent Developments:
• In March 2023, Thermo Fisher Scientific established a cell therapy facility at the (UCSF) to expedite the advancement of innovative therapeutic interventions. The anticipated collaboration between Thermo Fisher and UCSF in 2021 presented an opportunity to explore the hypothesis that the proximity of scientists, doctors, and patients to a manufacturing facility could enhance the efficiency of breakthrough drug development.
• In Aug 2023, The recent announcement by the business indicates that the Phase III LITESPARK-005 research demonstrated that Merck's Welireg (belzutifan) successfully achieved its primary objective of a significant enhancement in progression-free survival for patients diagnosed with advanced renal cell carcinoma.
Segmentation of Primary Cells Market-
By Type -
• Hematopoietic
• Dermatocytes
• Hepatocytes
• Gastrointestinal
• Lung
• Renal
• Heart
• Musculoskeletal
By Origin -
• Human Primary Cells
• Animal Primary Cells
By End User -
• Life Science Research Companies
• Research Institutes
• Others
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa
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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions.
Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses.
We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products.
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