Press release
2025-2034 Cell Harvesting Market Roadmap: Insights for Competitive Advantage
Cell Harvesting Market Analysis
How Large Will the Cell Harvesting Market Size By 2025?
The market size of cell harvesting has significantly increased over the past few years. The growth is projected to rise from $10.84 billion in 2024 to a whopping $11.55 billion in 2025, achieving a compound annual growth rate (CAGR) of 6.6%. The growth during the historical period can be credited to the higher occurrence of chronic diseases, amplified investment in research and development, and the expanding application of the process in regenerative medicine.
How Big Is the Cell Harvesting Market Size Expected to Grow by 2029?
Anticipated robust advancements in the cell harvesting market are predicted to boost the market size significantly in the approaching years. The market value is projected to reach $15.34 billion by 2029, rising at a compound annual growth rate (CAGR) of 7.4%. The escalation during the forecast period can be credited to several factors such as an increase in the prevalence of diseases, growing trend of aging population, expanding therapeutic applications, and strategic partnerships. Key trends to watch in the forecast period encompass technology enhancements, product breakthroughs, regulatory frameworks, competitive market, and worldwide market proliferation.
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Which Key Market Drivers Powering Cell Harvesting Market Expansion and Growth?
The growth of the cell harvesting market is likely to be fueled by the increasing prevalence of chronic illnesses. Chronic diseases, which are health conditions that last for at least a year and require ongoing medical attention or limit daily activities, are on the rise. This increase necessitates further research to discover innovative treatments for ailments where cell-harvesting procedures are essential for drug development. As an example, research from the American Cancer Society, a US-based health organization, predicted in January 2022 that there would be 609,360 deaths from cancer and 1.9 million new cancer cases in the US in 2022, averaging about 1,670 deaths each day. Therefore, the escalating incidents of chronic diseases are propelling the cell harvesting market's growth.
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Which Fast-Growing Trends Are Poised to Disrupt the Cell Harvesting Market?
The cell harvesting market is seeing an increased focus on technological innovation as a key trend. Leading players in the market are developing advanced technologies to retain their market positioning. As an illustration, Thermo Fisher Scientific Inc., a scientific manufacturing company based in the US, introduced the DynaSpin Single-Use Centrifuge System based on DynaSpin technology in September 2022. This technology provides an optimal single-use solution for large-scale cell culture collection and centrifugation for cell harvesting. The DynaSpin system aids biological manufacturers in achieving their sustainability goals while simultaneously reducing production costs. This system can significantly minimize material requirements, reducing waste by up to 70% in comparison to traditional harvest systems by reducing the number of filters required for cell harvesting in biologics production.
What Are the Emerging Segments in the Cell Harvesting Market?
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
Subsegments:
1) By Manual Cell Harvesters: Syringe-Based Harvesters, Centrifuge-Based Harvesters, Filtration Devices
2) By Automated Cell Harvesters: Robotic Cell Harvesting Systems, Automated Centrifuges, Microfluidic Harvesting Devices
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Who Are the Global Leaders in the Cell Harvesting Market?
Major companies operating in the cell harvesting market 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.
Which are the Top Profitable Regional Markets for the Cell Harvesting Industry?
North America was the largest region in the cell harvesting market share in 2024. The regions covered in the cell harvesting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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