About Cell Expansion
Cell expansion" can refer to a few different things, depending on the context. To provide you with the most relevant information, I need a bit more context. Growing Focus on R&D for Cell-Based Therapies will help to boost global cell expansion market. Cell expansion is the process of production of cells from a single cell which used therapeutic development, micro-level research of cells and drug screening. Also, cell expansion is mainly used in the treatment of various diseases such as diabetes, rheumatoid arthritis, and others. The upsurge in the prevalence of chronic diseases and development in the number of GMP certified products will act as a major driver of cell expansion market.
Attributes | Details |
---|
Study Period | 2018-2029 |
Base Year | 2023 |
High Growth Market | Asia- Pacific |
Unit | Value (USD Million) |
CAGR | 18.8% |
The competitive landscape in the Ebola Virus Vaccine market is not solely driven by profit motives, but by the overarching goal of global health protection and saving lives. While competition fosters innovation and development, collaboration and equitable access remain key to effectively combating this deadly virus. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Cell Expansion market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Thermo Fisher Scientific, Inc. (United States), Becton, Dickinson and Company (United States), Terumo BCT (Japan), Merck KGaA (Germany), Danaher Corporation (United States), Miltenyi Biotec (Germany), Lonza Group Ltd. (Switzerland), STEMCELL Technologies Inc. (Canada), GE Healthcare (United States) and Corning, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are STEMCELL Technologies, Inc. (Canada), Sigma-Aldrich Corporation (United States), Miltenyi Biotec GmbH (Germany), Lonza Group Ltd. (Switzerland) and ATEM Therapeutics (Germany).
Segmentation Overview
AMA Research has segmented the market of Global Cell Expansion market by Type (Consumables, Reagents, Media & Serum, Disposables [Tissue Culture Flasks, Bioreactor Accessories, and Others] and Instruments [Cell Expansion Supporting Equipment, Bioreactors, Automated Cell Expansion Systems]), Application (Regenerative Medicine, Cell Banking, Cancer Research and Other) and Region.
On the basis of geography, the market of Cell Expansion has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by End User, the sub-segment i.e. Research Institutes will boost the Cell Expansion market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Cell Type, the sub-segment i.e. Human Cells [Stem Cells, Differentiated Cells] will boost the Cell Expansion market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing GMP Certifications for Cell Therapy Production Facilities and Rising Government Funds for Cell-Based Research
Market Growth Drivers:
Developing the Incidence of Chronic Diseases and Growing Focus on Regenerative Medicine
Challenges:
Limited understanding of cell behavior
Restraints:
Ethical Concerns Regarding Research in Cell Biology and High Cost for Operations
Opportunities:
Huge Demand for 3D Cell Expansion Technology
Market Leaders and their expansionary development strategies
In October 2023, GE Healthcare teams up with contract manufacturing organizations to offer end-to-end cell expansion solutions for clients developing cell therapies
In November 2023, GE Healthcare introduces a continuous cell expansion platform aimed at optimizing cell quality and yield for high-volume cell therapy production
Key Target Audience
Investors, Medical Research Institutes, Research Organizations and Consulting Companies., Market Research and Consulting Firm and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.