Press release
Cell Expansion Market Overview: Revenue, Segmentation, and Future Growth Prospects
The research analysis on the global Cell Expansion Market report 2024 offers a close watch on top industry rivals along with briefings on their company profiles, strategical surveys, micro as well as macro industry trends, futuristic scenarios, analysis of pricing structure, and an all-encompassing overview of the Cell Expansion Market circumstances in the forecast period between 2024 and 2031. The global Cell Expansion Market is a dynamic and rapidly evolving sector, encompassing the development, production, and distribution. This market is essential for improving global market and driving economic growth through innovation and industry advancements.
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Market Growth
The Cell Expansion Market has experienced robust growth over the past decade and is projected to continue expanding. Global Cell Expansion Market size was valued at USD 25.21 billion in 2022 and is poised to grow from USD 27.60 billion in 2023 to USD 57.06 billion by 2031, growing at a CAGR of 9.5% during the forecast period (2024-2031). This growth is driven by several factors, including an aging global population, increasing prevalence of advancements in technology, and rising global expenditure.
Detailed Segmentation and Classification of the report (Market Size and Forecast - 2031, Y-o-Y growth rate, and CAGR):
The Cell Expansion Market can be segmented based on several factors, including product type, application, end-user, and distribution channel. Understanding these segments is crucial for companies looking to target specific markets and tailor their offerings to meet consumer needs.
Product
Consumables, Culture Flasks & Accessories, Instruments
Cell Type
Mammalian, Microbial, Others
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Regional Analysis:
On the basis of region, the market is studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The Cell Expansion Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Essential regions of the Cell Expansion market are:
- Cell Expansion North America Market includes (Canada, Mexico, USA)
- Cell Expansion Europe Market includes (Germany, France, Great Britain, Italy, Spain, Russia)
- Cell Expansion Asia-Pacific Market includes (China, Japan, India, South Korea, Australia)
- Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa)
- Cell Expansion South America Market includes (Brazil, Argentina)
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Future Outlook
The Cell Expansion Market is poised for continued growth driven by technological advancements, expanding global market access, and increasing global industry needs. As the industry adapts to evolving challenges and seizes emerging opportunities, it is likely to see ongoing innovation and expansion, contributing significantly to global health and economic development."
Cell Expansion Market Top Player's Company Profiles
Thermo Fisher Scientific Inc. (United States)
Merck KGaA (Germany)
Lonza Group Ltd. (Switzerland)
GE Healthcare (United States)
Sartorius AG (Germany)
Promega Corporation (United States)
Agilent Technologies, Inc. (United States)
Bio-Rad Laboratories, Inc. (United States)
Eppendorf AG (Germany)
Takara Bio Inc. (Japan)
GenScript Biotech Corporation (China)
CellGenix GmbH (Germany)
BD Biosciences (United States)
Novasep Holding S.A.S. (France)
OriGene Technologies, Inc. (United States)
Lonza Biologics Plc (United Kingdom)
Danaher Corporation (United States)
Wuxi AppTec Co., Ltd. (China)
Charles River Laboratories International, Inc. (United States)
Miltenyi Biotec GmbH (Germany)
New England Biolabs, Inc. (United States)
Qiagen N.V. (Netherlands)
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