Press release
Primary Cells Market Detailed Analysis and Forecast 2024-2031
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 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 2023-2031.
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Primary cells are cells isolated from a living tissue sample (such as a biopsy) and cultured in a petri dish. Primary cells are those that have been extracted or separated from a living organism. Most primordial cells are highly specialized, terminally differentiated cells, aside from progenitor cells and progenitor populations. This market is expanding because of several factors, including the increasing preference for primary human cells over cell lines, the booming pharmaceutical and biotech sectors, the rising demand for monoclonal antibodies, the government's increased funding of cell-based research, and the rise in cancer studies.
Furthermore, in the coming years, the market is expected to be propelled by an increase in the need to evaluate the biological relevance of the toxicity of chemicals, medications, and compounds, which aid in the detection of potential dangers. Researchers and pharmaceutical businesses can now take advantage of new avenues for conducting in-depth studies using primary cells thanks to automation, single-cell analysis, and imaging technology. However, the market expansion may be hampered by the scarcity of some cell types and fresh samples because of cell source limits and by the short time those cells spend in culture.
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.
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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.
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.
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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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About Us:
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 competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 551 226 6109
Asia: +91 79 72967118
info@insightaceanalytic.com
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