Cell Expansion Market
Over the course of the forecast period, market participants’ use of methods including agreements to quicken the development of cell treatments is anticipated to fuel the growth of the worldwide cell expansion market. For instance, the Abu Dhabi Stem Cells Center (ADSCC) and Fluidigm Corporation announced a collaboration agreement in February 2022 for the development. Fluidigm Corporation is a supplier of advanced biotechnology products with a mission to improve people’s lives through holistic health insights.
Systems appropriate for perfusion-based cell culture expansion are being offered by market participants in this space, which is anticipated to fuel the growth of the worldwide cell expansion market. For instance, ReadyToProcess WAVE 25 Rocker is provided by Cytiva, a division of Danaher Corporation. For working capacities up to 25 L, the ReadyToProcess WAVE 25 single-use rocking bioreactor system provides a dependable and uncomplicated cell culture solution. The culture is maintained in an inflated, disposable Cellbag bioreactor growing chamber and is mixed and aerated by the system using a well-known rocking method. It has a perfusion filter built right in. The system’s control software also includes established perfusion techniques, making it simple to use.
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The worldwide cell expansion market is anticipated to expand at a faster rate than average over the forecast period as a result of funding being provided to research institutions to conduct research and create new products related to cell treatments. For instance, Southwest Research Institute (SwRI) announced in October 2019 that it had received funding from the U.S. Food and Drug Administration (FDA) and the Medical Technology Enterprise Consortium (MTEC) to expand cells for specific regenerative medicine applications using a bioreactor that SwRI had developed. A US$ 2.3 million U.S. FDA contract will finance the creation of chimeric antigen receptor (CAR) T cells, while a US$ 3 million MTEC initiative will demonstrate stem cell manufacturing.
Impact
Over the course of the projected period, the coronavirus disease (COVID-19) pandemic is anticipated to restrain the growth of the worldwide cell expansion market. The most recent pandemic epidemic, COVID-19, was initially identified in Wuhan, China, on December 31, 2019. On March 11, 2020, COVID-19, a coronavirus illness, was classified as a pandemic by the World Health Organization. The WHO Weekly Epidemiological Update on COVID-19 reports a reduction in the number of new cases for the week of September 4, 2022. As a result, 6.4 million fatalities and 600 million confirmed cases have been reported globally as of September 4, 2022.
The COVID-19 resulted in lockdowns or shutdowns in a number of nations, which had a detrimental effect on the private healthcare industry’s business.
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The shutdown of industrial facilities, with the exception of those producing necessities, and the interruption of the product supply chain were the results of this lockdown. Furthermore, the COVID-19 pandemic is posing significant obstacles for industry participants in the worldwide cell expansion market on several fronts. The primary obstacles include the lack of raw materials needed to manufacture the tools and accessories used in cell expansion applications, as well as problems with the transportation system.
The worldwide cell expansion market is anticipated to develop at a steady rate due to market participants’ involvement in inorganic growth strategies including partnerships. For instance, one of Latin America’s biggest suppliers and distributors of laboratory and life sciences equipment, i.e, Sotelab of Brazil established cooperation with Applikon Biotechnology B.V., a Dutch upstream bioprocess equipment expert, in March 2020. Cooperation with Rio de Janeiro-based Sotelab will increase the visibility of Applikon’s cutting-edge farming systems throughout South America.
Key Takeaways
A CAGR of 11.8% is anticipated for the worldwide cell expansion market over the forecast period (2022-2030), driven by expansion in promising areas, particularly in Europe. While the largest market share was in North America.
Cell therapy is increasingly needed to treat people with chronic diseases including diabetes, cancer, and others as their prevalence such diseases rises. Such elements are anticipated to fuel the need for cell treatment, which will fuel the expansion of the market in this area. For instance, the World Health Organization estimates that 1.1 million new instances of cancer and almost 700,000 cancer-related deaths would occur in Africa in 2020.
Cyagen US Inc., Becton, Miltenyi Biotec, Biologos, Dickinson and Company, Bio-Techne, Valiant Co., Ltd., Sartorius AG, REPROCELL Inc., Merck KGaA, STEMCELL Technologies Inc., Corning, Inc., , HiMedia Laboratories, Eppendorf SE, Thermo Fisher Scientificand, Lonza Group AG, Danaher, and PromoCell, are significant market participants.
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Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Overview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product
- Market Snippet, By Cell Type
- Market Snippet, By Application
- Market Snippet, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Regulatory Scenario
- PEST Analysis
- Recent Product Launch/Approval
- Epidemiology
- Mergers and Acquisitions
- Market Dynamics
- Global Cell Expansion Market- Impact of Coronavirus (Covid-19) Pandemic
- Impact on Supply Chain
- Impact on Research and Development
- Government Initiatives
- Global Cell Expansion Market, By Product, 2017-2030 (US$ Million)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Consumables
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Million)
- Media
- Others
- Instruments
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Million)
- Automated Cell
- Expansion Systems
- Cell Counters
- Centrifuges
- Bioreactors
- Others
- Accessories
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Million)
- Introduction
- Global Cell Expansion Market, By Cell Type, 2017 – 2030 (US$ Million)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Mammalian Cells
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Million)
- Human Cells
- Stem Cells
- Adult Stem Cells
- Induced Pluripotent Stem Cells
- Embryonic Stem Cells
- Differentiated Cells
- Animal Cells
- Human Cells
- Microbial Cells
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Million)
- Others (Plant-derived Cells)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Million)
- Introduction
- Global Cell Expansion Market, By Application, 2017 – 2030 (US$ Million)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Biopharmaceuticals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Million)
- Tissue Culture & Engineering
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Million)
- Vaccine Production
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Million)
- Drug Development
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Million)
- Cancer Research
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Million)
- Stem Cell Research
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Million)
- Other Applications
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Million)
- Introduction
- Global Cell Expansion Market, By End User, 2017 – 2030 (US$ Million)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Biotechnology Companies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Million)
- Biopharmaceutical Companies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Million)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Million)
- Introduction
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