CMI published a business research report on “Cell Expansion Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2021–2027”. Cell Expansion with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. The information is gathered based on modern floats and requests identified with the administrations and items.
Cell Expansion Market report includes historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. Cell Expansion Market offers complete, proficient report delivering market research data that is relevant for new market entrants or set up players. Key strategies of the companies operating in the market and their impact analysis have been included in the report.
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To facilitate scientific research, cell expansion is the large-scale artificial creation of daughter cells from a single cell. During the forecast period (2017–2025), the cell expansion market is anticipated to be fueled by rising demand for regenerative treatments that deliver quicker outcomes and the advent of cell-based treatments with high patient adaptability. Regenerative medicine aids the body in the formation of new functioning tissue to replace damaged or destroyed tissue, allowing it to address diseases for which current treatments are ineffective. The National Institutes of Health (NIH) funded about US$ 1.5 billion on stem cell research initiatives in 2016, according to the U.S. Department of Health and Human Services.
The global cell expansion market is projected to rise in the coming years as government agencies and private spending on cell-based research medicines increases. The volume of FDA approvals for stem cell-based therapy clinical studies is continuously growing. According to a study issued by the Pharmaceutical Research and Manufacturers of America, the FDA was reviewing 69 cell treatments in clinical studies in 2013. Skin illnesses, cardiovascular diseases, transplantations, eye problems, cancer and related ailments, musculoskeletal problems, genetic disorders, and other treatment classes are all represented in these studies.
During the forecast period, the rising prevalence of chronic medical problems is projected to propel the global cell expansion market forward. Another important reason driving demand for cell growth is the rise of chronic and uncommon medical diseases throughout the world. According to the World Health Organization (WHO), about 15 million individuals will be diagnosed with cancer by 2020. The growing occurrence of cancer is projected to drive the cell expansion industry forward. Preclinical research is now being conducted on cell-based therapy as a treatment for chronic renal disease. Biotechnological treatments include the implantation of bioengineered kidney constructs, cell transplantation, and bio-artificial renal systems.
The global cell expansion market’s growth is expected to be hampered by the lack of high-tech instrumentation and skilled labor, as well as high operating costs.
Due to the increased need for regenerative therapies and the rising frequency of chronic illnesses, North America is projected to dominate the global cell expansion market. The desire for regenerative therapies that are highly compatible with patients and provide quick outcomes is driving the cell expansion market in North America. Owing to its well-established effectiveness and safety, the FDA is progressively authorizing therapies utilizing cells obtained from bone or blood marrow. Other factors predicted to boost the growth of the global cell expansion market include the increased frequency of chronic illnesses and expanding R&D spending for the manufacture of cell-based products.
According to a study published in NIH report, around 500,000 people benefit from a transplant each year using regenerative medicine in the U.S. Growing R&D investment by various firms for the development of novel medicinal goods and availability of unexplored growth possibilities are likely to boost the cell expansion market in Asia Pacific. According to the Indian Brand Equity Foundation, the government of India spent roughly 1.4 percent of total GDP on healthcare in 2018, up from 1.2 percent in 2014. The region’s biotechnology merger and acquisition (M&A) activity has also increased. According to China Renaissance, 37 pharmaceutical and biotech M&A agreements of US$ 6.8 billion were completed in 2016.
Major companies contributing in the global cell expansion market are Lonza, GE Healthcare, Thermo Fisher Scientific, Inc., Beckman Coulter, Inc., Dickinson and Company, Becton, Stemcell Technologies, Inc., Corning, Inc., Terumo BCT, Inc., Miltenyi Biotec, and Merck KGaA.
In July 2016, GE Healthcare acquired Biosafe SA, a Swiss company that manufactures instruments that recover stem cells and help in various other cell processing procedures related to personalized medicine. This acquisition will help GE Healthcare to grow the cells in the sample for appropriate dose sizes.
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Main points in Cell Expansion Market Report Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Cell Expansion Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: Cell Expansion Industry Impact
Chapter 2 Cell Expansion Competition by Types, Applications, and Top Regions and Countries
2.1 Cell Expansion (Volume and Value) by Type
2.3 Cell Expansion (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Cell Expansion Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Cell Expansion Market Analysis
Chapter 6 East Asia Cell Expansion Market Analysis
Chapter 7 Europe Cell Expansion Market Analysis
Chapter 8 South Asia Cell Expansion Market Analysis
Chapter 9 Southeast Asia Cell Expansion Market Analysis
Chapter 10 Middle East Cell Expansion Market Analysis
Chapter 11 Africa Cell Expansion Market Analysis
Chapter 12 Oceania Cell Expansion Market Analysis
Chapter 13 South America Cell Expansion Market Analysis
Chapter 14 Company Profiles and Key Figures in Cell Expansion Business
Chapter 15 Cell Expansion Market Forecast (2021-2027)
Chapter 16 Conclusions
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