Global Cell Separation Technologies Market Size To Grow At A CAGR Of 19% In The Forecast Period Of 2023-2028
The ‘Global Cell Separation Technologies Market Share, Size, Trends, Growth, Analysis, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global cell separation technologies market, assessing the market on the basis of its segments like product, technology, application, end use, and major regions.
The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.
Cell Separation Technologies Market Share, Size, Trends, Industry Report, Key Player, Major Segments, and Forecast
The key highlights of the report include:
Market Overview (2018-2028)
- Forecast CAGR (2023-2028): 19%
The global cell separation technologies market is expected to register growth during the forecast period on account of the growing prevalence of infectious and chronic diseases such as COVID-19 and cancer. The constant initiatives by various governments to enhance the biotechnology industry are likely to propel the market for cell separation technologies.
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There is an increase in usage of cell separation in different applications like therapeutic protein production, biologics design and development, and in-vitro diagnostics. These applications, among other research applications, are expected to increase the demand for cell separation technologies across the globe over the forecast period.
The growing geriatric population prone to chronic and infectious conditions and neurological disorders, along with the rising prevalence of cancer across all ages, are anticipated to bolster the cell separation technologies market growth worldwide. Increasing investments by biopharmaceutical and biotechnology companies in research and development for the growth of advanced biologics comprising of monoclonal vaccines and antibodies are expected to propel the market growth over the coming years.
Cell Separation Technologies Industry Definition and Major Segments
Cell separation, also known as cell sorting or cell isolation, is a procedure to separate one or more specific cell inhabitants from a heterogeneous mixture of cells. There are several techniques and technologies available to conduct cell separation.
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Based on product, the market is segmented into:
By technology, the market is classified into:
- Gradient Centrifugation
- Surface Markers Separation
- Filtration Based Separation
Based on the application, the market is segmented into:
- Oncology Research
- Neuroscience Research
- Stem Cell Research
- Immunology Research
By end use, the market is classified into:
- Diagnostic Laboratories
Based on region, the market is divided into:
- North America
- Latin America
- Asia Pacific
- Middle East and Africa
Cell Separation Technologies Market Trends
Geographically, the Asia Pacific is anticipated to gain momentum over the coming years in the cell separation technologies market on account of the rising biotechnology and pharmaceutical industries among developing countries like India and China.
Moreover, the rise in healthcare expenditure coupled with the expansion in market penetration of key players in various countries across the region are aspects likely to further support market growth. Research initiatives for constant gene and stem therapy in China, South Korea, and Japan are further expected to boost the market demand for cell separation solutions across the Asia Pacific.
Meanwhile, the North America region is anticipated to drive cell separation technologies market growth due to the well-established biotech and pharmaceutical industries.
There is increased adoption of technologically innovative solutions, especially in the United States. Wide research activities in the field of cell therapies by various research universities positively influence the market demand across the region.
The rising prevalence of infectious and chronic diseases is supporting market growth by bolstering the need for cell separation solutions for research as well as clinical applications.
Key Market Players
The major players in the global cell separation technologies market report are :
- TERUMO BCT, INC.
- Miltenyi Biotec B.V. & Co. KG
- Becton, Dickinson and Company
- pluriSelect Life Science UG (haftungsbeschränkt) & Co. KG
The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
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