October 31, 2019
According to a latest study titled ‘Global Cell Expansion Market: Analysis By Product Type (Instruments, Consumables, Disposables), Cell Type (Human Cell, Animal Cell), By Application, By Region, By Country (2019 Edition): Opportunities and Forecast (2014 - 2024), By Application (Regenerative Medicine and Stem Cell Research, Cancer and Cell Based Research), By Region (N. America, Europe, APAC, S. America, MEA), By Country (U.S, Canada, Germany, France, U.K., Japan, China, India)’ available with Market Study Report LLC, the global cell expansion market is estimated to grow with a CAGR of 17.33% through 2024.
Increase in demand for technically advanced products such as automated cell expansion systems as well as a rise in number of cell-good manufacturing practice (GMP) certified expansion facilities could augment global cell expansion market outlook over the forecast period.
Cell expansion necessitates the synthesis of new cell wall material and a controlled loosening of the wall that allows it to stretch in size. It is estimated that with a surge in government investments for targeting healthcare issues, the cell expansion market could garner considerable growth by 2024.
The study encompasses details about segmental shares and expansion strategies adopted by manufacturers, alongside the drivers, trends, and restraints impacting the market growth. Based on product type, the cell expansion market is segmented into consumables, instruments, and disposables. While based on cell type, the market is divided into animal cells and human cells. Speaking of application type, the industry is bifurcated into cancer & cell-based research, and regenerative medicine & stem cell research.
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Considering the geographical landscape, the global cell expansion market is fragmented into regions including Europe, North America, Asia Pacific, Middle East & Africa, and South America, and rest of world, with key focus on countries like China, India, Japan, France, Italy, United Kingdom, Germany, Brazil, Mexico, Canada, and United States.
The key players of global cell expansion market are Eppendorf, Merck Millipore, Becton Dickinson, ThermoFisher Scientific, Corning Inc., Danaher Corporation, CellGenix Technologie Transfer GmbH, Terumo Medical Corporation, Stem Cell Technologies Inc., and Synthecon Inc.
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