Global Cell Separation Market Report 2023: A $9+ Billion Market by 2030 - Biopharmaceutical Boom Ignites Demand for Cell Isolation Products, Fueling Market Expansion
DUBLIN, Sept. 4, 2023 /PRNewswire/ -- The "Cell Separation Market Size, Share & Trends Analysis Report By Cell Type (Human Cells, Animal Cells), By Product (Consumables, Instruments), By Technique, By Application, By End-use, By Region, And Segment Forecasts, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.
The global cell separation market is poised for remarkable growth, with an anticipated size of USD 9.05 billion by 2030 and a robust CAGR of 9.82%.
A surge in demand for biopharmaceuticals, especially recombinant therapeutic proteins, is expected to be a major driver of this expansion. Industry leaders are strategically focused on advancing and commercializing innovative products to meet the needs of researchers and healthcare professionals, thereby stimulating the demand for cell isolation solutions in the coming years.
Cellular therapies are gaining momentum for treating various significant diseases, including neurological disorders like Parkinson's disease and spinal cord injuries, as well as autoimmune conditions such as multiple sclerosis and Crohn's disease. The rise in funding from governmental bodies for cell-based research further underscores its potential in managing chronic ailments like cancer, contributing to the upward trajectory of the global market.
The impact of the pandemic has also fueled market growth. A striking example is the utilization of cutting-edge immunoprecipitation identified by flow cytometry (IP-FCM) tests by researchers at Seattle Children's Research Institute in 2020. Their work shed light on the immune responses of COVID-19-infected patients, employing blood samples from both patients and healthy individuals.
The landscape has been further transformed by increased investments and government funding, fostering the availability of advanced techniques for cell isolation and biopharmaceutical production. These advancements have given rise to a surge in demand for cell separation processes, thus propelling market growth to new heights.
Cell Separation Market Report Highlights
- The consumables product type segment held a major revenue share of 62.87% in 2022. The increasing investments in R&D by biopharmaceutical and biotech companies are a major factor propelling the segment growth
- The biomolecule isolation application segment held the largest share of 31.3% in 2022 since it is a pivotal step in research on cancer, HIV, and other autoimmune diseases
- The human cell type segment is anticipated to have a significant growth rate of 20.8% during the forecast period. The fast growth is due to the rising focus on human and cancer stem cell research and varied applications of isolated human cells
- The centrifugation technique type segment held the highest market share of 42.7% in 2022. The availability of various centrifuges provides technicians with a wide range of options catering to their specific needs
- North America dominated the global market with a revenue share of 37.7% in 2022 owing to increasing demand for new technologies, a large pool of key players, increasing development of vaccines and therapeutics, along with advanced healthcare infrastructure
Market Dynamics
Market driver analysis
- Rising demand for biopharmaceuticals
- Increasing government funding for cell-based research
- Growing focus on personalized medicine
Market Restraint Analysis
- High cost of cell isolation products
Market Opportunities Analysis
- Growth in biopharmaceutical outsourcing industry
- Developing countries provide untapped markets for multinational players
Market Challenges Analysis
- Stringent Regulatory Frameworks and Time-Consuming Approval Processes for Cell Isolation/Separation
Cell Separation Market Analysis Tools
- SWOT Analysis; By Factor (Political & Legal, Economic And Technological)
- Porter's Five Forces Analysis
- COVID-19 Impact Analysis
Company Profiles
- Thermo Fisher Scientific, Inc.
- Merck KGaA
- BD
- Terumo Corporation
- Danaher
- STEMCELL Technologies Inc.
- Bio-Rad Laboratories, Inc.
- Corning Incorporated
- Miltenyi Biotec
- GenScript
Product Business Analysis
- Cell Separation Market: Product Movement Analysis
- Consumables
- Reagents, kits, media, and sera
- Beads
- Disposables
- Instruments
- Centrifuges
- Flow cytometers
- Filtration systems
- Magnetic-activated cell separator systems
Cell Type Business Analysis
- Human Cells
- Animal Cells
Technique Business Analysis
- Centrifugation
- Surface Marker
- Filtration
Application Business Analysis
- Cell Separation Market: Application Movement Analysis
- Biomolecule Isolation
- Cancer Research
- Stem Cell Research
- Tissue Regeneration
- In vitro Diagnostics
- Therapeutics
End Use Business Analysis
- Research Laboratories and Institutes
- Biotechnology and Biopharmaceutical Companies
- Hospitals and Diagnostic Laboratories
- Cell Banks
For more information about this report visit https://www.researchandmarkets.com/r/g3yzlb
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