The cell expansion market is anticipated to grow in the forecast period owing to driving factors such as rising prevalence of chronic diseases, growing number of GMP certified products, and increased funding from government and private players. Furthermore, ever advancing technologies in cell expansion techniques are also driving the market growth.
It is the phenomenon of formation of new cell wall along with controlled cell wall loosening to increase the cell wall area. Expansin nonenzymatic protein is the major component in cell expansion process. Application areas for cell expansion therapy are therapeutic development, drug screening, and microlevel research of cells. Cell expansion is widely used in treatment of rheumatoid arthritis, diabetes, and others. It is also used to improve organ transplantation.
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The report analyzes factors affecting cell expansion market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the cell expansion market in these regions.
The List of Companies
1. Becton, Dickinson and Company
2. Corning Incorporated
3. Danaher Corporation
4. Merck KGaA
5. GE Healthcare
6. Miltenyi Biotec
7. STEMCELL Technologies, Inc.
8. Terumo BCT, Inc.
9. Thermo Fisher Scientific, Inc.
10. Sigma-Aldrich Corporation
The global cell expansion market is segmented on the basis of product, cell type, application, and end user. Based on product the market is segmented into consumables, reagents, media, & serum, disposables, and instruments. The disposables are sub segmented into tissue culture flasks, bioreactor accessories and others. Instruments are sub segmented into cell expansion supporting equipment, bioreactors and automated cell expansion systems. Based on cell type, the market is segmented into human cells and animal cells. Human cells is sub segmented into stem cells and differential cells. Stem cells segment is further segmented into adult stem cells, induced pluripotent stem cells and embryonic stem cells. On the basis of application, the market is segmented into regenerative medicine & stem cell research, cancer & cell-based research and others. Based on end user, the market is segmented into research institutes, biopharmaceutical & biotechnology companies, cell banks and others.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global cell expansion market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The cell expansion market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.