Global Cell Expansion Market to Reach Value of USD 79.93 Billion by 2032 | Emergen Research

Rise in research and development activities across the globe is driving the demand for cell expansion market


Vancouver, Oct. 09, 2023 (GLOBE NEWSWIRE) -- The global cell expansion market is estimated to reach value of USD 79.93 Billion by 2032, according to a current analysis by Emergen Research. Cell expansion is witnessing a surge in demand owing to an increase in automated solutions. Automation in the production of gene therapies and cell therapies products reduces the cost of production and decreases workforce.

The emergence of cell-based therapy is expected to further growth of cell expansion market. Advancement in tissue engineering and regenerative medicine have provided growth opportunity for cell expansion market. Demand for regenerative medicine is growing rapidly to develop clinical therapies for repair, maintenance, replacement, and enhancement of biological function. Cell expansion is an important part of regenerative medicine as it provides a better understanding of neurodegenerative diseases. Thus, increase in the adoption of regenerative medicine drives the growth of cell expansion market.

Lack of skilled professionals and high cost of the operations are expected to restrain growth of cell expansion market. Risk of contamination during the cell expansion procedure is also expected to hinder its adoption by the consumers.

Request Free Sample Copy (To Understand the Complete Structure of this Report [Summary + TOC]) @ https://www.emergenresearch.com/request-sample/952  

Segments Covered in the report

Report Details Outcome
Market size value in 2019 USD 12.91 Billion
CAGR (2023 - 2032) 15.0%
Revenue forecast in 2032 USD 79.93 Billion
Base year for estimation 2019
Historical data 2016–2018
Forecast period 2023–2032
Quantitative units Revenue in USD Billions and CAGR from 2020 to 2027
Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments covered Product, cell type, application, end-user, and region.
Regional scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Country scope U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Saudi Arabia, South Africa, Turkey.
Key companies profiled Danaher Corporation, Thermo Fisher Scientific, Inc., Corning Incorporated, Lonza, Merck KGAA, Terumo Corporation, Stemcell Technologies, Inc., Cellexus, Becton, Dickinson and Company, and Himedia Laboratories
Customization scope 10 hours of free customization and expert consultation

Emergen Research is Offering Limited Time Discount (Grab a Copy at Discounted Price Now) @ https://www.emergenresearch.com/request-discount/952

MAJOR COMPANIES and Market Share Analysis

The global market for cell expansion is fairly fragmented, with numerous small as well as medium-sized manufacturers accounting for a major share of the global market. Manufacturers operating in the market are desegregated across the value chain. Key companies operating in the market are well-equipped with large manufacturing facilities and they are engaged in various research and development activities. Some of the prominent players operating in the cell expansion market are:

Danaher Corporation

Thermo Fisher Scientific, Inc.

Corning Incorporated

Lonza

Merck KGAA

Terumo Corporation

Stemcell Technologies, Inc.

Cellexus

Becton, Dickinson, and Company

Himedia Laboratories

Strategic Development

In April 2020, Danaher completed the acquisition of General Electric’s life science division. The acquisition cost the company USD 21.4 Billion and is a unit that employs 850 people in Massachusetts. The division will be named Cytiva.

In June 2019, Demcon acquired a share in Scinus Cell Expansion Company. Scinus is involved in developing equipment for stem cell therapy. The company is working on a technology that is cheaper, more reproducible, and less labor-intensive than the existing technology.

Direct Order Can Be Placed Through This Link [Exclusive Copy] @ https://www.emergenresearch.com/select-license/952

Key Highlights of Report

  • The instruments segment is forecast to register a faster rate during the forecast period owing to automation in bioreactors. Emergence of automation enables the tracking of processes and allows for effective time usage of skilled professionals.
  • Growing genetic disorders are driving the demand for embryonic stem cells. Research is being undertaken to use embryonic stem cells for eradication of genetic diseases. An increase in chronic diseases all across the globe is fueling the revenue growth of the segment.
  • Increase in incidence of cancer has propelled the research by biopharmaceutical companies in cell-based research. There are several funds allocated by public and private companies for cancer and cell-based research.
  • The market in Asia Pacific is expected to register the fastest rate owing to the increasing amount of research activities in developing nations. Several companies in the region are investing in developing advanced therapeutic tools, which is encouraging the adoption of cell expansion technology in the region.

Browse Full Report Description + Research Methodology + Table of Content + Infographics@ https://www.emergenresearch.com/industry-report/cell-expansion-market

For the purpose of this report, Emergen Research has segmented global cell expansion market based on product, cell type, application, end-user, and region:

  • Product Outlook (Revenue, USD Million; 2019-2032)
    • Consumables
      1. Reagents
      2. Media
      3. Sera
      4. Disposables
    • Instruments
      1. Cell Expansion Supporting Equipment
        • Flow Cytometers
        • Centrifuges
        • Cell Counters
        • Other Supporting Equipment
    • Bioreactors
      1. Microcarrier Bioreactors
        • Microcarrier-based anchorage-dependent bioreactors
        • Suspension-based anchorage-independent bioreactors
        • Perfusion/Hollow Fiber Bioreactors
    • Automated Cell Expansion Systems
  • Cell Type Outlook (Revenue, USD Million; 2019-2032)
    • Mammalian
      1. Human
        • Stem Cells
          • Adult Stem Cells
          • Induced Pluripotent Stem Cells
          • Embryonic Stem Cells
        • Differentiated Cells
      2. Animal
    • Microbial
  • Application Outlook (Revenue, USD Million; 2019-2032)
    • Regenerative Medicine and Stem Cell Research
    • Cancer and Cell-based Research
    • Other (clinical studies, toxicology studies)
  • End-User Outlook (Revenue, USD Million; 2019-2032)
    • Research Institutes
    • Biotechnology and Biopharmaceutical Companies
    • Cell Banks
    • Other End Users (hospitals and diagnostic laboratories)
  • Regional Outlook (Revenue, USD Million; 2019-2032)
    • North America
      1. US
      2. Canada
      3. Mexico
    • Europe
      1. Germany
      2. UK
      3. France
      4. BENELUX
      5. Rest of Europe
    • Asia Pacific
      1. China
      2. Japan
      3. South Korea
      4. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East & Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of MEA

Curated Reports You Shouldn't Miss: Dive In Now!

Predictive Biomarkers Market, By Indication (Cancer, Neurological Disorders, Cardiovascular Disorders, Immunological Disorders, and Others), By End-Use, and By Region Forecast to 2030

Retinal Imaging Market Analysis By Device Type (Fundus Camera, Fluorescein Angiography, Optical Coherence Tomography (OCT)), By End-user (Hospitals, Clinics, Ophthalmic Centers, Ambulatory Surgical Centers, Others), By Region, Forecast to 2027

Smart Gloves Market Analysis By Usage (Media and Connected Device, Fitness Tracker, Specific Health Monitoring Device, Others), By End-user (Healthcare, Fitness, Industrial, Others), By Region, Forecast to 2027

Smart Stethoscope Market Analysis By Type (Wireless Stethoscope, Wired Stethoscope), By Application (Hospitals, Ambulatory Surgical Units, Clinics, Others), By End Use, By Region, Forecast to 2027

Tissue Engineering Market Analysis By Type (Synthetic Materials, Biologically Derived Materials, Others), By Application (Orthopedics, Neurology, Cardiovascular, Cancer, Urology, Neurology, Muscoloskeletal and Spine, Cord Blood and Cell Banking, Others), By End Use, By Region, Forecast to 2027

Bioelectric Medicine Market By Product Type (Cardioverter defibrillators, Spectromolecular, Cohlear implants, Spinal cord stimulators, Brain stimulators, Sacral and vagus nerve stimulators), By Application (Arrhythmia, Pain Management, Sensorineural hearing loss, Parkinson’s disease, Tremor, Depression), By End User (Hospitals, Ambulatory Surgery Centers, Diagnostic Centers) and By Regions Forecasts to 2027

Infectious Disease Rapid Diagnostic Testing Market Size, Share, Trends, By Product & Service (Reagent & Kits, Instruments, Data Management Software, Service), By Technology, By Disease, By End-Use, and By Region Forecast to 2030

About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy.

Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: https://www.emergenresearch.com/

Direct Line: +1 (604) 757-9756

E-mail: sales@emergenresearch.com

Explore Our Japanese Version: Cell Expansion Market

Explore Our Blogs and Insights Section: https://www.emergenresearch.com/insights

Read our Press Release @ https://www.emergenresearch.com/press-release/global-cell-expansion-market



Coordonnées