Global cell isolation/cell separation market is foreseen to reach around US $17.3 billion by the year 2025, according to the latest research available at Market Study Report LLC, report provides extensively data on market share, growth, trends and forecasts for the period 2018-2025.
Growing research & development by various companies for developing new treatments for incurable diseases such as cancer, and the surging trend of stem cell isolation in the emerging countries, are anticipated to fuel the cell isolation market growth in the coming years. Other key factors spurring market growth include augmented government funding for cell-based research, and rising preferences for personalized medicine.
In terms of product spectrum, the global cell separation market is fragmented into consumables and instruments. The consumables are further classified into reagents & kits, disposables, and beads, whereas, the instruments are further categorized into centrifuge, flow-cytometers, filtration system, and magnetic-activated cell separator systems. The consumables segment is said to hold major market share with respect to revenue, due to higher investment in R&D by the biopharmaceutical companies.
Based on techniques the cell separation market has been categorized into surface marker, centrifugation, filtration. Reportedly, the centrifugation technique segment leads the market in terms of revenue, owing to its wide application in research laboratories, etc.
Based on cell type the market is segmented into human cell and animal cell. Human cell segment is further fragmented into differentiated cell and stem cell. The human cell isolation segment holds the majority share in the global market, on account of increasing demand for personalized medication in the treatment of terminal diseases like cancer.
Based on the application outlook, the global cell isolation market is bifurcated into cancer research, bimolecular isolation, tissue regeneration, stem cell research, therapeutics, and in vitro diagnostics. Furthermore, the end-user landscape of the market is segmented into research laboratories, cell banks, hospitals & diagnostics laboratories, and biotechnology & biopharmaceutical firms.
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The findings of the study reveal that North America is one of the leading contributors to the worldwide cell isolation market, followed by Europe and Asia Pacific. Regional growth promoters include established infrastructure for cancer research in the region, as well as a well-organized regulatory framework intended for companies focusing on developing new treatments. Other driving factors include the growing expenditure on R&D by the public and private companies operating in this business sphere.
Furthermore, the Asia Pacific region is slated to dominate the cell isolation market worldwide over the estimated period, owing to the growing awareness about disease prevention, improving economic settings by leading players, and the rising government concern about promoting cell research.
The leading market players profiled in the report include Beckman Coulter Inc., STEMCELL Technologies Inc., Merck & Company, Thermo Fisher Scientific Inc., GE Healthcare, GE Healthcare, Sigma-Aldrich Corporation, PluriSelect Life Sciences, Terumo BCT, Miltenyi BioTec, and Clontech Laboratories, among others. These companies have consistently been working on technological enhancements, which would reduce the efforts and offer accurate solutions for the treatment of various incurable diseases.