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26-Jun-2024

Analysis of Cell Separation Technology Market Size by Research Nester Reveals the Market to Grow with a CAGR of 16.14% During 2025–2037 and Attain Revenue of USD 30.6 Billion by 2037

Research Nester assesses the growth and market size of global cell separation technology market which is anticipated to be on account of the growing prevalence of chronic disease.

Research Nester’s recent market research analysis on Cell Separation Technology Market: Global Demand Analysis & Opportunity Outlook 2037” delivers a detailed competitors analysis and a detailed overview of the global submarine power cable market in terms of market segmentation by product, technology, application, end-user and by region.

Growing Demand for Regenerative Medicines to Boost the Growth of Global Cell Separation Technology Market

The global market for cell separation technology is predicted to grow on account of the rising demand for regenerative medicines. Regenerative medicine is a relatively young area of study in medicine, with the potential to treat organs and replace tissues in humans. Regenerative medicine aims to heal damaged body parts with biomaterials, medications, and cells. Regenerative medicine and cell therapies have the potential to greatly improve the health-related quality of life for many people suffering from chronic diseases.

As the demand for breakthrough cures for chronic medical conditions grows, companies are creating novel cell separation technologies. Furthermore, technical advancements in cell separation have improved cell line production and quality. Furthermore, as more participants in the field of regenerative medicine become involved, the demand for cell separation technology increases.

The global cell separation technology market is expected to increase significantly over the forecast period due to high per capita healthcare costs. The rise in healthcare expenditures raises the demand for accurate cell-based treatments, diagnostics, and pharmaceutical research, hastening the development of cell separation technologies. Furthermore, the firm is expanding since there is an abundance of funding available from both public and private sources.

 

Some of the major growth factors and challenges that are associated with the growth of the global cell separation technology market are:

Growth Drivers:

  • Growing Cases of Cancer Across the Globe
  • Rising Geriatric Population

 

Challenges:

Numerous hurdles, such as a lack of tools and scientific grasp of fundamental ideas, make scaling up production difficult. Furthermore, in the start of the development phase—when research is typically conducted in an academic context and little consideration is given to the scalability of production and associated costs—decisions may occasionally impede the scaling-up process.

It is difficult to transition from this scholarly perspective to a commercial-grade manufacturing method because of current technological limitations and concerns about potential changes to the manufacturing procedure that may affect the relevant cell properties that provide the desired activity.

 

By end-user, the market for cell separation technology is segmented into research laboratories and institutes, biotechnology and biopharmaceutical companies, hospitals and diagnostic laboratories, and cell banks. Out of these, the research laboratories and institutes segment is projected to generate the highest market revenue of USD 16.5 billion by the end of 2037.

Cell separation technology is used in research laboratories and institutes to conduct tests on isolated cells, perform molecular analysis, genetically modify and expand a specific cell type that is important for disease modeling or cell therapy research applications, investigate the in vitro effects of drug candidates, and so on.  

By region, the market in North America for cell separation technology is set to generate the highest market revenue of USD 12.0 billion by the end of 2037. Rising disposable income is expected to fuel market growth. As a result, spending on treatment is expected to increase in this region. Furthermore, the market for cell separation technology is expected to expand due to the growing number of individuals drinking alcohol and cigarettes, which has increased the prevalence of chronic disease.

This report also provides the existing competitive scenario of some of the key players of the global cell separation technology market which includes company profiling of Becton, Dickinson and Company, Thermo Fisher Scientific Inc., DH Life Sciences, LLC., Miltenyi Biotec, Merck KGaA, QIAGEN, Bio-Rad Laboratories, Inc., TERUMO BCT, INC., GenScript, Sysmex Corporation, Corning Inc., and others.

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Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.

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Last Updated: 26-Jun-2024