Global Cell Separation Market by Product Type - Consumable (Reagents, Kits, Media and Sera, Beads, Disposables) Instruments (Centrifuges, Flow cytometers, Filtration systems, Magnetic-activated Cell separator systems)
Industry: Healthcare
Published Date: December-2022
Format: PPT*, PDF, EXCEL
Delivery Timelines: Contact Sales
Number of Pages: 250
Report ID: PMRREP33252
The newly released Cell Separation Market analysis report by Persistence Market Research reveals that global sales of the Cell Separation Market in 2021 were held at US$ 8.1 Bn. With a CAGR of 25.5% during 2022 - 2032, the market is projected to reach US$ 95.5 Bn by 2032. Consumables are expected to be the highest revenue-generating segment, projected to grow at a CAGR of over 27% during 2022 – 2032.
Attribute |
Details |
Global Cell Separation Market (2022) |
US$ 10 Bn |
Global Cell Separation Market CAGR (2022 – 2032) |
25.5% |
Global Cell Separation Market (2032) |
US$ 95.5 Bn |
U.S. Cell Separation Market (2032) |
US$ 31.9 Bn |
Key Companies Profiled |
|
As per the Cell Separation Market research by Persistence Market Research - a market research and competitive intelligence provider, historically, from 2015 to 2021, the market value increased by around 22.2% CAGR.
Cell separation methods are used to separate individual cells from groups of cells. Cells are separated based on physical features such as form, size, and protein expression.
Cell separation is a useful method that is frequently utilized in clinical therapy and biological and biomedical research. It is crucial in the treatment of chronic illnesses like AIDS and cancer. Furthermore, it is commonly employed in stem cell and cancer research.
Significant expansion in the medical and pharmaceutical sectors is one of the primary factors driving the market. Furthermore, the growing emphasis on cell-based research is propelling market expansion. The market expansion of cell separation is also being driven by the rising demand for biopharmaceuticals. The expanding number of cancer and infectious disease patients, increased government support for cell-based research, a growing emphasis on customized care, and technical developments are driving market expansion.
Besides, the growing need for stem cells in stem cell treatment creates opportunities for the worldwide cell separation technologies market. The increasing emphasis of manufacturing firms on clinical research is a major trend for the worldwide cell separation technologies market.
Furthermore, the increased emphasis on customized pharmaceuticals for early illness detection, treatment selection, and therapy prognosis is propelling the market. The rise in the elderly population, as well as the increase in R&D spending, are also expected to boost market growth.
Some of the primary drivers for the global market in recent years have been the rising incidence of chronic illnesses and expanded cell therapy-based research efforts. Furthermore, growing government funding in the biotechnology sector, as well as advancements in separation technologies, are assisting in the growth of the worldwide cell separation technologies market.
However, a shortage of experienced healthcare personnel, as well as regulatory difficulties, are impeding the growth of the worldwide cell separation technologies market. Another impediment to this industry is the high price of these items. Furthermore, cell separation procedures have a wide variety of expenses associated with instruments, chemicals, kits, and services. The chemicals needed for specialized applications are costly, as is the cell separation equipment. These limitations are expected to hinder market expansion throughout the projected period.
Which Region is projected to Offer the Largest Opportunity for Cell Separation Market?
In 2021, North America held the largest share of the global market. This is due to high expenditure on research and development, the presence of major players and their product availability, and the well-established healthcare infrastructure in the region.
However, due to improved healthcare infrastructure, the market in Asia Pacific is projected to witness rapid growth in the global market during the forecast period. Furthermore, the rising frequency of chronic illnesses is fuelling the growth of the cell separation technologies market in the region.
U.S. Cell Separation Market Analysis
The market in the United States has grown at a CAGR of 22.5% during 2015 – 2021 and is expected to reach a valuation of US$ 31.9 Bn by the end of 2032 growing at a CAGR of 25.5%. The U.S. dominates the worldwide market because of its advanced research infrastructure. Furthermore, the growing government investment in the life science area is assisting in the expansion of the region's cell separation technologies market.
U.K. Cell Separation Market Analysis
The market in the U.K. is projected to reach a valuation of US$ 5.7 Bn by 2032. Growing at a CAGR of 28.9% during 2022 – 2032, the market in the country is expected to gross an absolute dollar opportunity of US$ 5.2 Bn.
Japan Cell Separation Market Analysis
The market in Japan is expected to grow at a CAGR of 23.2% during the forecast period and is expected to reach US$ 2.4 Bn by 2032. During 2022 – 2032, the market in the country is expected to gross an absolute dollar opportunity of US$ 2.1 Bn.
What is the market outlook for the Product Type of Cell Separation Market?
The consumables segment is forecasted to grow at the highest CAGR of over 27% during 2022-2032. The increased investments by firms in developing technologically sophisticated items, as well as the more frequent usage of consumables as opposed to instruments, are the key reasons driving the expansion of this market. The category retained the biggest market share because of regular purchases. Furthermore, increased R&D spending by biotechnology and biopharmaceutical businesses in the development of sophisticated biologics is propelling the industry. As a result, demand for consumables is likely to stay high during the projection period.
The instruments segment on the other hand is expected to increase at a considerable pace over the projected period. Instrument improvement allows for effective cell separation in research, diagnosis, and therapy applications. As a result, the instrument industry is expected to increase significantly throughout the projection period. The high cost of instruments, on the other hand, is projected to limit market expansion.
Which Application of Cell Separation is expected to Score Highest Growth in the Coming Years?
Biomolecule isolation is expected to command the largest revenue in the market and is expected to register a CAGR of 30.8% during the forecast period. The high proportion of this end-user sector can be ascribed to the extensive use of sophisticated equipment in cell-based studies and cancer research in biotechnology and pharmaceutical firms, as well as the growing number of R&D facilities worldwide.
The increasing emphasis on the manufacturing of biopharmaceuticals is the prominent factor leading to its dominance. Additionally, increased government financing for new medication development drives the market growth. The market through cancer and stem cell research is expected to increase at a rapid pace during the forecast period.
What is the impact of Covid-19 on the Cell Separation Market?
The COVID-19 offered a profitable opportunity for researchers to investigate and comprehend this novel infectious virus in order to develop cures and diagnostic tools. Several pharmaceutical and biotech behemoths have been performing large and speedy R&D operations to create innovative vaccines, treatments, and testing kits. This resulted in a huge increase in the demand for cell separation techniques in research applications.
Some of the players in the cell separation market include Bio-Rad Laboratories, Stemcell Technologies, GE Healthcare, Thermo Fisher Scientific, Terumo BCT, BD Biosciences, Becton Dickinson, and Merck KGaA.
Some of the recent developments of key Cell Separation providers are as follows:
Similarly, recent developments related to companies in the Cell Separation Market have been tracked by the team at Persistence Market Research, which are available in the full report.
By Product Type
By Cell Type
By Technique
By Application
By Region
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The global market is worth more than US$ 8.1 Bn at present.
The market value is projected to increase at a CAGR of around 25.5% during 2022 – 2032.
The market value increased at a CAGR of around 22.2% during 2015 – 2021.
The rising prevalence of chronic and infectious diseases coupled with continued government initiatives to expand the biotechnology industry are the key forces shaping the market expansion.
The market for Cell Separation in China is projected to expand at a CAGR of around 30.3% during 2022 – 2032.
While the market in South Korea is expected to grow at nearly 20.1%, the market in Japan is projected to register a CAGR of nearly 23.2% during 2022 - 2032.