Cell Isolation Market is Expected to Grow with a CAGR of 18.1% from 2022 to 2028
As stated by our extensive report, providing insights on Product, Cell type, Cell Source, Technique, Application, and End-user; the Global Cell Isolation Market accounted for USD 7.90 Billion in 2021.
Cell Isolation or cell separation is a technology that is majorly used for cellular therapies, cellular research, and diagnosis of various diseases. This technology is used to segregate special cells from heterogeneous cell mixtures with the help of the cell separation method. This technology helps scientists to provide accurate research-related doubts/answers. Thus, cell separation/isolation technology is in high demand in research activities.
In the past few years, the chances of chronic disorders are raised in geriatric people. Thus, it is considered as a key factor for influencing the growth of Cell Isolation Market in coming years. According to WHO (World Health Organization), cancer is the major cause of death worldwide. It is estimated that, in 2020, 19.3 million new cancer cases found and around 10.0 million cancer deaths occurred. In addition, increasing cell research & development activities, rising demand for biopharmaceuticals, and various advancement in Cell Isolation technology has accelerated the growth of Cell Isolation Market over the coming time period.
Cell Isolation is the key technology in research activity to recognize cell biology and accordingly develop new cell therapies & other treatment options. Therefore various government authorities across the globe started investing in such research projects to develop new therapies. For instance, the federal government provided $20 million to the Centre for Commercialization of Regenerative Medicine to grow a stem-cell therapy development facility in Toronto. Thus, it increases the demand for Cell Isolation Market over a projected time period.
Cell Isolation requires huge research to develop new therapies and in order to provide accurate results, it requires high instruments, reagents, and some other products. In addition, there are certain guidelines that need to be followed while developing a new product. Thus, in order to accomplish with the government norms and maintain the quality of standard, it requires high-quality instruments, which also increases the cost of the overall research project. Also, the success rate of most of the research trials is low. Therefore, all these factors are expected to impede the growth of the market.
North America predicated to maintain the maximum share of the Cell Isolation market during the forecast period. There is huge demand for Cell Isolation technology because of the well-developed healthcare infrastructure in this region. In addition, the availability of various life science research activities and supportive regulatory structures are augmenting the growth of Cell Isolation Market in this region. Furthermore, the large presence of leading companies to provide advanced novel treatment options is propelling the growth of Cell Isolation Market in this region.
Some of the prominent players operating in the Global Cell Isolation Market are Becton Dickinson and Company (US), GE Healthcare (US), Merck KgaA (Germany), Thermo Fisher Scientific (US), Bio-Rad Laboratories Inc (US) are the major companies operating in Cell Isolation Market..
Browse the full Report - Cell Isolation Market by Product (Consumables, Instruments), by Type (Human, Animal), by End User (Biotechnology & biopharmaceutical companies, Hospitals and diagnostic laboratories, Research laboratories and institutes, Other End User), by Region (North America, Europe, Asia Pacific, Latin America) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)