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Globally Cell Expansion Market Size Worth $35004.9 Million by 2028 at 14.9% CAGR - Industry Share, Trends, Forecast Report by Zion Market Research

Zion Market Research

News provided by

Zion Market Research

Apr 19, 2022, 10:06 ET

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NEW YORK, April 19, 2022 /PRNewswire/ -- As per Zion Market Research study, The global cell expansion market was worth around USD 15292.5 million in 2021 and is estimated to grow to about USD 35004.9 million by 2028, with a compound annual growth rate (CAGR) of approximately 14.8 percent over the forecast period. The report analyzes the cell expansion market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the cell expansion market.

Zion Market Research published the latest report titled as "Cell Expansion Market By Product (Consumables, Instruments), By End User (Research Institutes, Consumables, Instruments, Pharmaceutical & Biotechnology Companies, Consumables, Instruments, Others, Consumables, Instruments), By Application (Stem Cell Technology, Cancer Research , Drug Screening And Development, Tissue Engineering & Regenerative Medicine, Others), And By Region – Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2022 – 2028." into their research database.

Cell Expansion Market: Overview

Cell expansion market is expected to see a substantial increase in demand as focus on cell therapies bolsters with rising research and development for the same. The cell expansion market will also be driven by rising investments in the healthcare and pharmaceutical industries to bolster offerings provided by multiple firms operating in the cell expansion market landscape.

Rising research in cell technology, growing demand for personalized medicine, rising focus on healthcare, growing geriatric population, developing healthcare infrastructure, increasing prevalence of chronic diseases, etc. are some major factors that propel cell expansion market potential

Get a Free Sample Report with All Related Graphs & Charts (with COVID 19 Impact Analysis): https://www.zionmarketresearch.com/sample/cell-expansion-market

Our Free Sample Report Includes:

  • 2022 Updated Report Introduction, Overview, and In-depth industry analysis
  • COVID-19 Pandemic Outbreak Impact Analysis Included
  • 190 + Pages Research Report (Inclusion of Updated Research)
  • Provide Chapter-wise guidance on Request
  • 2022 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
  • Includes Updated List of tables & figures
  • Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis
  • Zion Market Research methodology

Industry Dynamics:

Cell Expansion Market: Growth Dynamics

Increasing Prevalence of Chronic Ailments

Cancer and other chronic diseases have increased in prevalence in recent years and this has bolstered the demand for cell based therapies and thus propelling the research in cell expansion market. Increasing research will eventually lead to new launches and these are expected to further bolster the cell expansion market growth trend through 2028 and lead the market growth in the changing healthcare landscape.

Cell Expansion Market: Restraints

Rising Concerns about Use of Humans and Animals for Cell Research

Cell expansion market is incomplete without cell research and this trend is expected to be the major drives as well as a major restraint to the market due to the ethical concerns associated within. Use of humans and animals for research has had some pushback from activists across the world and has resulted in slowed research and development activity which constrains market from attaining full growth. This factor is being worked on to address and change the cell research approach to be more safe and compliant with human and animal rights.

Global Cell Expansion Market: Segmentation

The global cell expansion market is segregated based on product, end user, application, and region.

By End user, the market is divided into research institutes, consumables, instruments, pharmaceutical & biotechnology companies, consumables, instruments, others, consumables, instruments. The Biotechnology & biopharmaceutical companies are anticipated to hold bright outlook over the forecast period and is anticipated to emerge as a major growth driver for cell expansion market through2028. Increasing scope of application for healthcare research is anticipated to majorly boost growth in this segment.

By Application, the cell expansion market is segmented into stem cell technology, cancer research, drug screening and development, tissue engineering & regenerative medicine, others. The regenerative medicine segment is expected to have a highly lucrative growth over the forecast period and is expected to be significant segment over the forecast period. Stem cell technology segment is also anticipated to rise at a fast CAGR through2028.

Directly Purchase a Copy of the Report @ https://www.zionmarketresearch.com/buynow/su/cell-expansion-market

Recent Developments

  • In October 2020 – Danaher a leading name in the healthcare industry announced that it has completed the acquisition of biopharma business from General Electric Company's Life Sciences division. The acquired venture will function under the name of Cytiva and will be under Danaher's life sciences segmentation.

Get More Insight before Buying@ : https://www.zionmarketresearch.com/inquiry/cell-expansion-market

List of Key Players of  Cell Expansion Market:

  • Becton, Dickinson and Company
  • Corning Incorporated
  • Eppendorf
  • Sartorius AG
  • Merck KGaA
  • Lonza Group AG,PromoCell GmbH
  • Danaher Corporation
  • Thermo Fisher Scientific
  • HiMedia Laboratories.

Key Industry Insights & Finding of the Cell Expansion Market Reports:

  • As per the analysis shared by our research analyst, the Cell Expansion Market is expected to grow annually at a CAGR of around 14.8% (2022-2028).
  • Through the primary research, it was established that the Cell Expansion Market was valued approximately USD 15292.5 million in 2021 and is projected to reach to roughly USD 35004.9 million by 2028.
  • The United States is expected to be the most important market in this region over the forecast period.

Key questions answered in this report:

  • What are the growth rate forecast and market size for Cell Expansion Market?
  • What are the key driving factors propelling the Cell Expansion Market forward?
  • What are the most important companies in the Cell Expansion Market Industry?
  • What segments does the Cell Expansion Market cover?
  • How can I receive a free copy of the Cell Expansion Market sample report and company profiles?

Report Scope:

Report Attribute

Details

Market size value in 2021

USD 15292.5 Million

Revenue forecast in 2028

USD 35004.9 Million

Growth Rate

CAGR of almost 14.8% 2022-2028

Base Year

2020

Historic Years

2016 - 2021

Forecast Years

2022 - 2028

Segments Covered

By Product Type, By Application, and By End Use

Forecast Units

Value (USD Million), and Volume (Units)

Quantitative Units

Revenue in USD million/billion and CAGR from 2022 to 2028

Regions Covered

North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World

Countries Covered

U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others

Companies Covered

Becton, Dickinson and Company, Corning Incorporated, Eppendorf, Sartorius AG, Merck KGaA, Lonza Group AG,PromoCell GmbH, Danaher Corporation, Thermo Fisher Scientific, and HiMedia Laboratories.

Report Coverage

Market growth drivers, restraints, opportunities, Porter's five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.

Customization Scope

Avail customized purchase options to meet your exact research needs.  

https://www.zionmarketresearch.com/custom/871

 Free Brochure: https://www.zionmarketresearch.com/requestbrochure/cell-expansion-market

Regional Dominance:

North America region leads the global cell expansion market inters of revenue and volume share and is anticipated to maintain dominant stance through the forecast period. Increasing focus on healthcare and rising research activities in this region are expected to propel market potential in this region. Increasing awareness about novel treatments, the growing prevalence of the geriatric population, the presence of key cell expansion companies, etc. are some major factors that drive the cell expansion market growth through 2028. The United States is expected to be the most important market in this region over the forecast period.

The market for cell expansion in the Asia Pacific is anticipated to rise at the fastest CAGR over the forecast period. Increasing focus on healthcare is predicted to be a major trend propelling growth in this region. India and China are expected to be the most prominent markets in this region over the forecast period. The increasing geriatric population in Japan is also expected to boost the cell expansion market in this nation.

Global Cell Expansion Market is segmented as follows:

 Cell Expansion Market: By Product Outlook (2022-2028)

  • Consumables
  • Instruments

Cell Expansion Market: By End user Mode Outlook (2022-2028)

  • Research Institutes
  • Consumables
  • Instruments
  • Pharmaceutical & Biotechnology Companies
  • Consumables
  • Instruments
  • Others
  • Consumables
  • Instruments

Cell Expansion Market: By Application Outlook (2022-2028)

  • Stem Cell Technology
  • Cancer Research
  • Drug Screening and Development
  • Tissue Engineering & Regenerative Medicine
  • Others

Cell Expansion Market: By Region Outlook (2022-2028)

North America

  • The U.S.
  • Canada

Europe

  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East & Africa

  • GCC
  • South Africa
  • Rest of Middle East & Africa

Press Release For Cell Expansion Market: https://www.zionmarketresearch.com/news/global-cell-expansion-market-is-likely-to-grow

Browse Other Related Research Reports from Zion Market Research

  • Plasma Therapy Market - Global Industry Analysis: The global Plasma Therapy market accrued earnings worth approximately 281(USD Million) in 2020 and is predicted to gain revenue of about 673(USD Million) by 2028, is set to record a CAGR of nearly 14.1% over the period from 2021 to 2028.
  • Clinical Microbiology Market - Global Industry Analysis: The global Clinical Microbiology Market accrued earnings worth approximately 12.3 (USD Billion) in 2020 and is predicted to gain revenue of about 20.1(USD Billion) by 2028, is set to record a CAGR of nearly 6.9% over the period from 2021 to 2028.
  • Rare Disease Genetic Testing Market - Global Industry Analysis: The global Rare Disease Genetic Testing Market accrued earnings worth approximately 919.7(USD Million) in 2020 and is predicted to gain revenue of about 1,957.3 (USD Million) by 2028, is set to record a CAGR of nearly 10.8% over the period from 2021 to 2028. 

Browse through Zion Market Research's coverage of the Global Biotechnology Industry

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Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client's needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

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