The latest published report by Polaris Market Research The report “Primary Cells Market Share, Size, Trends, Industry Analysis Report, By Type (Hematopoietic, Hepatocytes, Renal, Gastrointestinal, Skin, Lung); By End-Use (Medical, Pharmaceutical & Biotechnology Companies, Research Institutes); By Source; By Regions; Segment Forecast, 2021 – 2028” the report covers an exhaustive list of market tables and figures, thus providing in-depth analytical data for segments across different regions.
The global primary cells market size was valued at USD 955.0 million in 2020 and size is expected to reach USD 1.79 billion by 2028 to grow at a CAGR of 8.4% during the forecast period 2021 – 2028. The increasing investments in biomedical research coupled with growth in the occurrence of diseases such as cancer drive the growth of the primary cell culture market. Increasing demand for advanced drug development and testing, growing applications in genetic engineering and virology, and stringent regulations regarding animal testing boost the growth of this market.
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Companies operating in the market for Cell Biologics, Inc., ZenBio, Inc., Stem Cell Technologies, Sigma-Aldrich, Thermo Fisher Scientific, Cureline, American Type Culture Collection, Cell Applications, Inc., Pelobiotech, Merck KGaA, Axol Bioscience Ltd, Promocell, ALLCells, Lonza Group, AG, and Creative Bioarray
The demand for primary cells has increased from pharmaceutical and biotechnology companies for applications such as research and development, drug discovery, testing of new drugs, cosmetics, and chemicals, and analyzing of maximum permissible dosage of new drugs. The increasing investments in biomedical research, coupled with government initiatives support the growth of this segment.
The significant growth in healthcare and pharmaceutical sectors, technological advancements, and growing use of primary cells in stem cell therapy are some factors expected to provide growth opportunities during the forecast period. The different types of primary cells include hematopoietic, hepatocytes, renal cells, gastrointestinal cells, skin cells, lung cells, and others. There has been a high demand for hematopoietic cells, which are derived from blood and bone marrow.
The demand for human primary cells was high in 2019. Human primary cells exhibit the functional and morphological characteristics of their tissue of origin. Human primary cells are increasingly being used in cancer research, and drug discovery. Other applications driving the growth of this segment include 3D cell culture, drug screening, and toxicity testing, monoclonal antibodies, and genetic engineering.
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The increasing use of these cells for treatment and research associated with cancer, coupled with technological advancements drives the market growth. Hematopoietic primary cells are increasingly being used in stem cell therapy, vaccine development, and the study of tissue and organ replacement, thereby boosting the growth of this segment.
North America dominated the global primary cell culture market in 2020 and is expected to maintain its dominance over the forecast period. Growing advancements in cancer research, significant investment in healthcare services, and the increasing occurrence of cancer-related disorders support market growth in this region. The increasing geriatric population coupled with government initiatives and programs, and emerging healthcare and pharmaceutical sectors fuel growth in this region.
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Table of Contents
- Chapter 1. Introduction
- Report Description
- Objectives of the Study
- Market Scope
- Report Description
- Chapter 2. Executive Summary
- Market Highlights
- Chapter 3. Research Methodology
- Data Mining
- Data Sources
- Primary Sources
- Secondary Sources
- Chapter 4. Primary Cells Market Insights
- Primary Cells – Industry snapshot
- Primary Cells Market Dynamics
- Drivers and Opportunities
- Restraints and Challenges
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Threats of New Entrants
- Bargaining Power of Buyers
- Threats of Substitute
- Rivalry among existing firms
- Primary Cells Market PESTLE Analysis
- Value Chain Analysis
- Competitive Ranking Analysis, 2020
- Chapter 5. Primary Cells Market Assessment by Source
- Global Primary Cells Market Share, By Source, 2020 & 2028
- Animal Primary Cells
- Global Primary Cells Market, by Animal Primary Cells, 2016-2028 (USD Million)
- Global Primary Cells Market, by Animal Primary Cells, by Region, 2016-2028 (USD Million)
- Human Primary Cells
- Global Primary Cells Market, by Human Primary Cells, 2016-2028 (USD Million)
- Global Primary Cells Market, by Human Primary Cells, by Region, 2016-2028 (USD Million)
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