Industry Analysis - Cell Isolation Market, Size, Share, Growth, Demand and Forecast 2024

The cell isolation market has witnessed a high demand for consumables due to mounting funds by companies to develop advanced products, escalating number of regulatory approvals, and expanding government initiatives for improving cell-based research.

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On the basis of cell type, the market is subdivided into human cells and animal cells. Of both the cell type, the human cells accounted foremost share in the cell isolation market, due to technological advancements, extensive usage of isolated differentiated human cells in therapeutic, research, academics, and biopharmaceutical & biotechnology industries and mounting emphasis on human stem cell isolation. The human cell is further subdivided into stem cells and differentiated cells.

On the basis of application, the market is subdivided into biomolecule isolation, stem cell research, therapeutics, tissue regeneration, cancer research, and in vitro diagnostics. Among all applications, the biomolecule isolation application is expected to grow at the fastest rate in the cell isolation market due to mounting company funds to develop novel biopharmaceutical products.

Mounting government funding for cell-based research, technological advancements, escalating biotechnology and biopharmaceutical industries, expanding the need for biopharmaceuticals, and mounting emphasis on personalized medicine are the primary growth drivers for cell isolation market.

Elevated price of cell isolation instruments, difficulties associated with reagent development, and ethical issues associated with embryonic stem cell isolation are the major challenges for the growth of cell isolation market.

North America is the largest cell isolation market as in the region the mounting occurrence of infectious diseases and cancer. Asia-Pacific is observed to witness the fastest growth in the market, due to the mounting occurrence of cancer and infectious diseases.

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Key players in the cell isolation market are catering to the demand of these devices by investing in technologically advanced products in their product portfolio across the globe. Danaher Corporation, Thermo Fisher Scientific Inc., Bio-Rad Laboratories, Inc., Becton, Dickinson, and Company, Miltenyi Biotec, Terumo Corporation, General Electric Company, Stemcell Technologies Inc., Merck KGaA, and Pluriselect Life Science are the key players offering cell isolation.

Source: VynZ Research

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Created on Feb 12th 2019 06:22. Viewed 436 times.

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