Global Cell Isolation Industry is Expecting Major Innovations in Near Future


Posted August 12, 2020 by mmvaidya

The cell isolation market is expected to reach USD 13.0 billion by 2024 from USD 5.9 billion in 2019
 
Cell isolation is the process of isolating specific cells from the given samples. It is a powerful tool in biological research that enables an individual cell type to be isolated from a heterogeneous cell population without contamination from another cell type. This process is widely used for biomolecule isolation for the production of vaccines, drugs, antibodies, enzymes, proteins, and other biotechnology products.
The cell isolation market is projected to grow from USD 5.9 billion in 2019 to USD 13.0 billion by 2024, at a CAGR of 17.2% during the forecast period.

Growth in the Cell Seperation Techniques Market is mainly driven by the growing government funding for cell-based research, the increasing number of patients who have cancer and infectious diseases, technological advancements, and the ever-increasing focus on personalized medicine.

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The study involved four major activities to estimate the current market size for the global cell isolation market. Exhaustive secondary research was done to collect information on the market and its different subsegments. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Then, both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.

The centrifugation-based cell isolation technique is expected to hold the largest share of the market during the forecast period.

On the basis of technique, the Cell Seperation Techniques Market is segmented into centrifugation-based cell isolation, surface marker-based cell isolation, and filtration-based cell isolation. The centrifugation-based cell isolation segment is expected to account for the largest market share in 2018. This technique is used on a large scale by biotech and biopharmaceutical companies and its cost-effectiveness in both small-scale and large-scale operations is a major reason its dominant share.

Biotechnology & biopharmaceutical companies to hold the largest share of the market during the forecast period.

Based on end users, the cell isolation market is segmented into research laboratories & institutes, hospitals & diagnostic laboratories, biotechnology & biopharmaceutical companies, and other end users. The biotechnology & biopharmaceutical companies segment accounted for the largest market share in 2018. The large share of this segment is attributed to the widespread adoption of advanced instruments in cell-based experiments and cancer research in biotechnology & biopharmaceutical companies and the increasing number of R&D facilities globally.

North America held the largest share of the market in 2018.

The Cell Seperation Techniques Market is segmented into four major geographic segments North America, Europe, Asia Pacific, and the Rest of the World. In 2018, North America commanded the largest share of the cell isolation market, followed by Europe. The large share of the North American market is attributed to technological advancements, growth in the biotechnology and pharmaceutical industries, increasing prevalence of chronic and infectious diseases, and higher investments in cell-based research in the region.

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Prominent players in the cell isolation market include Beckman Coulter (US), Becton, Dickinson and Company (US), GE Healthcare (US), Merck KgaA (Germany), Miltenyi Biotec (Germany), pluriSelect (Germany), STEMCELL Technologies Inc. (Canada), Terumo BCT (US), Thermo Fisher Scientific (US), and Bio-Rad Laboratories Inc. (US).

The key strategies followed by most companies in the cell isolation market are product launches, expansions, agreements, and acquisitions to achieve growth in the cell isolation market. The product launches accounted for the largest share of the overall growth strategies adopted from 2015 to 2018.

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Issued By Makarand Vaidya
Country United States
Categories Biotech , Industry , News
Tags cell separation technique , cell separation technique market , cell separation techniques , cell separation techniques market
Last Updated August 12, 2020