LONDON, May 2, 2016 /PRNewswire/ -- The global cell isolation market is expected to reach USD 6.3 billion by 2020 from USD 2.9 billion in 2015, growing at a CAGR of 16.8% from 2015 to 2020. The global cell isolation market is categorized on the basis of product, cell type, technique, application, end user, and geography. The human cell isolation segment is expected to register the highest growth rate in the cell isolation market, by cell type, during the forecast period. Its favorable growth is attributed to increasing focus on human stem cell research and the increasing usage of stem cell for treating various disorders. Furthermore, differentiated human cells are widely used by biotechnology and biopharmaceutical industries for obtaining various biotechnology products and biopharmaceuticals. This is another major reason for the growth of this market.
Major factors contributing to growth of the cell isolation market include the increasing usage of cell isolation in cancer research, expanding biotechnology and biopharmaceutical industries, and technological advancements, high prevalence of infectious diseases, and rising aging population are likely to propel the growth of this market. Furthermore, government support in the form of funding is another major factor providing impetus for growth of this market. For instance, in November 2013, National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP) provided up to USD 1.5 million funds to STEMCELL Technologies (Canada) for the development of cell isolation technology, to augment the research of Human Immunodeficiency Virus (HIV) and other infectious diseases. The relatively untapped markets of the Asian region and advent of microfluidics in cell isolation have opened an array of opportunities for the cell isolation market. However, reluctance amongst researchers to use advanced cell isolation techniques and high cost of instruments are expected to restrain the growth of this market. Moreover, there are various ethical issues related to embryonic stem cell research, which is expected to hinder the growth of this market to some extent.
The Asian region, stem cell isolation, and magnetic activated cell separators are expected to serve as new revenue pockets for the cell isolation market in the coming five years.
Apart from the comprehensive geographical and product analysis and market sizing, the report also provides a competitive landscape that covers the growth strategies adopted by the industry players over the last three years. In addition, the company profiles comprise the basic views on the key players in the cell isolation market and the product portfolios, developments, and strategies adopted by market players to maintain and increase their market shares in the near future. The above mentioned market research data, current market size, and forecast of the future trends will help the key players and new entrants to make the necessary decisions regarding product offerings, geographical focus, change in strategic approach, R&D investments for innovations in products and technologies, and levels of output in order to remain successful.
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The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help the firms garner a greater market share. Firms purchasing the report can use any one or a combination of the below mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) for strengthening their market shares.
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on product portfolios of the top players in the cell isolation market. The report analyzes the cell isolation market by product and geography
- Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and new product launches in the cell isolation market
- Competitive Assessment: In-depth assessment of the market strategies, geographical and business segments, and product portfolios of the leading players in the cell isolation market
- Market Development: Comprehensive information about the lucrative emerging markets. The report analyzes the market for various cell isolation products across geographies
- Market Diversification: Exhaustive information about new products and services, untapped geographies, recent developments, and investments in the cell isolation market
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