Cell Expansion Market was valued at USD 17.15 Billion in 2021, and it is expected to reach USD 52.83 Billion by 2029, exhibiting a CAGR of 15.1% during the forecast period (2022-2029)
Cell Expansion Market Overview:
The report includes data on market growth as well as market segmentation by regions, product type, application, and industry end-use. This report looks at current Cell Expansion Market trends in terms of demand, supply, and sales, as well as recent changes. Using the most up-to-date Cell Expansion Market research techniques and technology, experts offer thorough and exact marketing research reports. This report includes a thorough evaluation of the Cell Expansion market size and share as well as a wide range of industrial verticals.
Cell Expansion Market Scope:
This study goes through demand estimates, market trends, and micro and macro variables in great detail. This study also highlights the elements that are propelling and impeding the market's growth. The report focuses on the key drivers and restraints for key companies, as well as the current competitive landscape and development prospects. The MMR in the study gives information on prospective investment opportunities to both existing and new market participants. To provide market insights, the research use analytical approaches such as Porter's five forces analysis and PESTLE of the Cell Expansion market. The study also identified important impending changes that will have an impact on demand over the forecast period.
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Cell Expansion Market Segmentation:
In terms of product, the consumables sector held the biggest market share for cell expansion in 2021. The cell expansion market is divided into consumables and tools based on the type of product. Instruments are further divided into cell expansion supporting apparatus, bioreactors, and automated cell expansion systems, while the consumables section is further divided into reagents, media, sera, and disposables. Consumables accounted for the majority of the market share for cell expansion products in 2021 because biologics were being manufactured at a faster rate in the pharmaceuticals and biotechnology industries.
By cell type, the market for cell expansion in 2021 was dominated by the sector of human cells. The cell expansion market is divided into human cells and animal cells based on the sort of cell. Stem cells and differentiated cells are included in the section of human cells. Adult stem cells, ESCs, and iPSCs are subcategories of the stem cells market sector. The greater market share held by the human cells segment in 2021 was primarily attributable to rising public and private sector expenditures in human cell research, expanding uses for human stem cells, and an increase in the prevalence of diseases like cancer.
Regenerative medicine and stem cell research made for the largest share of the cell market by application.
Cell Expansion Market Key players:
• Danaher
• Becton
• Dickinson and Company
• Lonza
• Corning
• Merck
• Miltenyi Biotec
• STEMCELL Technologies Inc.
• Sartorius Stedim Biotech
• Terumo
• REPROCELL
• iXCells Biotechnologies
• Neuromics
• G&G technologies
• Celltainer Biotech
Regional Analysis:
The research offers market size, growth rate, and country-level data, as well as demand and supply aspects that influence worldwide Cell Expansion market growth in different nations.
The Cell Expansion market research has been divided into various important regions, as follows:
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The research provides data-driven insights and recommendations on a variety of topics. The following are some of the most significant inquiries:
Key offerings:
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Mar 07, 2023