Zion Market Research has published a new report titled “Cell Separation Technologies Market by Technology (Gradient Centrifugation and Separation Based on Surface Markers), by Application (Stem Cell Research, Immunology, Neuroscience and Cancer Research): Global Industry Perspective, Comprehensive Analysis and Forecast, 2019 – 2026.” According to the report, the Cell Separation Technologies Market accounted for USD 3.19 Billion in 2019 and is expected to reach USD 6.01 Billion by 2026, growing at a CAGR of around 9.5% between 2020 and 2026.
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Strong growth in research & development activities aiming at cell therapies to lend a helping hand in the development of cell separation technologies market
As per analysts at Zion Market Research, the cell separation technologies market is likely to see noteworthy development in the coming years. The cell separation technologies market is mainly boosted by increasing aging population paired with rising occurrence of chronic diseases like cancer. In addition to this, strong growth in research & development activities aiming at cell therapies and rising government support are likely to power the development of cell separation technologies market in the years to come. For instance, in March 2018, new research was initiated in cell separation technologies by three companies namely Miltenyi Biotec (Germany), Stem Cell Technologies (Canada), and Thermo Fisher (Dynal brand), boosting the cell separation technologies market.
On the other hand, the huge cost of cell separation equipment is likely to cause a threat to the growth of the cell separation technologies market in the years to come. Nevertheless, the significant tech advancements over the past few years and their acceptance in the healthcare industry are likely to act as fresh opportunity for growth of cell separation technologies market in the years to come.
High spending in the healthcare industry to boost the cell separation technologies market in North America in the years to come
In terms of topography, the cell separation technologies market is divided into Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa. North America ruled the cell separation technologies market with the biggest share of the market due to increasing R&D activities paired with the high spending in the healthcare industry. In terms of income, North America was closely chased in cell separation technologies market in 2019 by Europe. Europe held lucrative share in terms of income in 2019 in the cell separation technologies market due to different in-progress research & development initiatives. On the other hand, Asia-Pacific is planned to see the fastest development in the coming years on account of the rising demand for the R&D projects and developing nations’ status in the global cell separation technologies market.
Some of the key players in cell separation technologies market include EMD Millipore, Mitenyi Biotec GmbH, BD Bioscience, and STEMCELL Technologies, Terumo BCT, pluriSelect GmbH, and Thermo Fisher Scientific, Inc.
The global cell separation technologies market is segmented as follows:
By Tech
By Application
By Region
To view TOC of this report – https://www.zionmarketresearch.com/toc/cell-separation-technologies-market