The global Cell
Isolation/Cell Separation Market is
expected to reach a value of USD 16.4 billion by 2025, according to a new
report by Grand View Research, Inc. Increasing demand for biopharmaceuticals
including antibodies, proteins, vaccines, and drugs is the most important
factor that drives the market growth during the forecast period.
Biopharmaceuticals development involves the application of various life science
products such as centrifuges, cell separator systems, flow cytometers,
filtration systems, and consumables. Thus, the demand for advanced cell
isolation products by biotechnology and biopharmaceutical companies is
increasing, which is expected to boost the market growth.
Rising
funding by biotechnology companies and government for cell-based research is
another major factor driving the growth of the cell isolation/cell separation
market. For instance, National Institutes of Health invested around USD 1,429
million for stem cells research in 2015. Stem cell therapy is the most
promising technique to treat severe medical conditions such as cancer,
cardiovascular disease, brain disease, and blood disease. Thus, the
biotechnology companies are adopting advanced cell separation products for the
research and development of stem cells.
Browse Details of Report @
http://www.grandviewresearch.com/industry-analysis/cell-isolation-cell-separation-market
http://www.grandviewresearch.com/industry-analysis/cell-isolation-cell-separation-market
Further key findings from the study suggest:
- Consumables product segment was the largest revenue-generating segment of the market in the year 2016.
- Consumables is expected to uphold its dominance during the forecast period owing to repetitive purchase of these products for research and diagnostics application
- The human cells segment was the largest revenue grossing segment of the sector in 2016, and is expected to grow at fastest rate due to growing demand of isolated human cell in therapeutics, research, and biopharmaceuticals production
- In 2016, the centrifugation technique segment accounted for the largest share in the overall market, owing to its wide application for manufacturing of biopharmaceutical drugs, vaccines, proteins, and antibodies
- In 2016, North America dominated the overall market with the largest revenue share due to the existence of major biopharmaceutical companies and research laboratories in this region
- Asia Pacific is projected to witness the highest CAGR over the forecast period, owing to the mounting investments in cell-based research and rapidly booming biotechnology industry in this region
- Some of the key players include Thermo Fisher Scientific, Inc.; BD Biosciences; GE Healthcare; Beckman Coulter, Inc.; Merck KGaA; Terumo BCT; STEMCELL Technologies Inc.; and Bio-Rad Laboratories, Inc.
About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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