Cell Expansion Market Insights:
The Cell Expansion Market was analyzed which was worth USD 14.4 Billion in the year 2021, expecting a CAGR of 11.7% during the forecast period (2022-2030), and the market is projected to be valued at USD 38.98 Billion by 2030.
Driver:
The increased adoption of Cell Expansion in the Biotechnology is due to high workability, Stability of structure, good quality, and Demand for making things better. The demand for Cell Expansion also has other significant aspects, such as analysis, purchasing volume, costs, pricing analysis, and regulatory framework. Additionally, the increased demand of Cell Expansion in many sectors also boosts the market growth during the forecast period.
The process of creating daughter cells from a single cell is known as cell expansion. Cell growth necessitates the creation of new cell wall material as well as the controlled loosening of the wall to allow it to stretch and expand in area. Cell-wall-associated proteins from the expansion family play an important role in this process. It is used in the creation of drugs, drug screening, and cell microbiology research. Cell expansion is increasingly often used to enhance transplantation and illness therapy, such as rheumatoid arthritis and diabetes.
Cell Expansion Market Research Report” was just released by Market Research Community. It is divided into several categories, including Product (Consumables (Media, Others), Instruments (Automated Cell, Expansion Systems, Cell Counters, Centrifuges, Bioreactors, Others), Accessories), application (Biopharmaceuticals, Tissue Culture & Engineering, Vaccine Production, Drug Development, Cancer Research, Stem Cell Research, Other Applications), Cell Type (Mammalian Cells (Human Cells (Stem Cells, Adult Stem Cells, Induced Pluripotent Stem Cells, Embryonic Stem Cells), Differentiated Cells, Animal Cells), Microbial Cells, Others (Plant-derived Cells)), End User (Biotechnology Companies, Biopharmaceutical Companies, Others), and companies (Thermo Fisher Scientific, HiMedia Laboratories, STEMCELL Technologies Inc., REPROCELL Inc., Bio-Techne, Valiant Co., Ltd., Miltenyi Biotec, Biologos, Cyagen US Inc., Becton, Dickinson and Company, Sartorius AG, Merck KGaA, Corning, Inc., Eppendorf SE, Lonza Group AG, PromoCell, Danaher), According to the analysis of Market Research Community, The market is projected to grow at a significant pace reaching a CAGR of approximately 11.7%, over the forecast period of 2022–2030.
Report Coverage:
| Report Attributes | Report Details |
| Study Timeline | 2018-2030 |
| Market Size in 2030 (USD Billion) | 38.98 Billion |
| CAGR (2022-2030) | 11.7% |
| By Product | Consumables (Media, Others), Instruments (Automated Cell, Expansion Systems, Cell Counters, Centrifuges, Bioreactors, Others), Accessories |
| By Application | Biopharmaceuticals, Tissue Culture & Engineering, Vaccine Production, Drug Development, Cancer Research, Stem Cell Research, Other Applications |
| By Cell Type | Mammalian Cells (Human Cells (Stem Cells, Adult Stem Cells, Induced Pluripotent Stem Cells, Embryonic Stem Cells), Differentiated Cells, Animal Cells), Microbial Cells, Others (Plant-derived Cells) |
| By End User | Biotechnology Companies, Biopharmaceutical Companies, Others |
| By Geography | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Key Players | Thermo Fisher Scientific, HiMedia Laboratories, STEMCELL Technologies Inc., REPROCELL Inc., Bio-Techne, Valiant Co., Ltd., Miltenyi Biotec, Biologos, Cyagen US Inc., Becton, Dickinson and Company, Sartorius AG, Merck KGaA, Corning, Inc., Eppendorf SE, Lonza Group AG, PromoCell, Danaher |
Covid-19 Impact:
The COVID-19 pandemic has had a substantial negative influence on the Cell Expansion market in many different regions of the world. The factors such as limited availability of raw materials, transportation restrictions, the shutdown of manufacturing facilities, and economic slowdown are the major impacts of COVID-19 which hampered the market growth. Shipments were impacted during the initial lockdown due to halted automotive productions and stringent government rules. The overall impact of COVID-19 on the industry is estimated to be minimal because the situation has stabilised. Post covid-19, there was a positive impact on the market growth due to the increased industrial manufacturing processes and rising demand for environment-friendly alternatives.
Industry Competitive Landscape:
The research includes comprehensive profiles of the key players in the market and an analysis of the competitive landscape. The market for sample preparation has grown more quickly as a result of the spike in research and development (R&D), product innovation, different business strategies, and application releases. Key players in the market include-
Thermo Fisher Scientific, HiMedia Laboratories, STEMCELL Technologies Inc., REPROCELL Inc., Bio-Techne, Valiant Co., Ltd., Miltenyi Biotec, Biologos, Cyagen US Inc., Becton, Dickinson and Company, Sartorius AG, Merck KGaA, Corning, Inc., Eppendorf SE, Lonza Group AG, PromoCell, Danaher
Market Segment Analysis:
By Product
- Consumables (Media, Others)
- Instruments (Automated Cell
- Expansion Systems
- Cell Counters
- Centrifuges
- Bioreactors
- Others Accessories
By Cell Type
Mammalian Cells
Human Cells
- Stem Cells,
- Adult Stem Cells,
- Induced Pluripotent Stem Cells
- Embryonic Stem Cells
Differentiated Cells
Animal Cells
Microbial Cells
Others (Plant-derived Cells)
By Application
- Biopharmaceuticals
- Tissue Culture & Engineering
- Vaccine Production
- Drug Development
- Cancer Research
- Stem Cell Research
- Other Applications
By End User
- Biotechnology Companies
- Biopharmaceutical Companies
- Others
Region
The regional segment includes Asia Pacific, Europe, North America, the Middle East, and Africa, Latin America. In 2021, some of these regions expected to contribute the largest share during the forecast period.
The factors such as the large and easy availability of basic things, rising purchasing power among the population, and favorable government policies and industrial facilities are estimated to accelerate the industry growth in the region. The growing rate of industrialization is anticipated to boost the presence of Cell Expansion industries in the region.
Key Cell Expansion Market Trends
– Based on type, sub-type, technology utilised, applications, end-users, and geographies, the research identifies, defines, and predicts the Global Cell Expansion Market segments.
– Largest Market Share Held by Industry to Industry for Cell Expansion
– Based on their expected growth, development patterns and prospects for the future, and contributions to the overall market, it analyses the micro markets.
– Demand from the geographical area is estimated to boost growth.
– Growing Market Segment Adoption in the Cell Expansion Industry
– Over the forecast period, higher growth rates are anticipated in in some regions
Why Purchase the Industry Report by MRC
There is a huge amount of information in the report, including market trends and business opportunities for the forecast period.
Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) statistics.
Data at the regional, sub-regional, and national levels also includes information on the market’s supply and demand dynamics.
The competitive landscape includes the proportions of important players, recent innovations, and strategy.
Comprehensive product offerings, important financial data, latest advancements, SWOT analysis, and key player tactics.
Table of Content
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