Cell Expansion Market Size to Reach USD 40.1 billion, Advancing at a CAGR of 12.1% by 2034: Exclusive Report by Transparency Market Research, Inc.
Expansion into untapped geographical markets presents lucrative opportunities for market players seeking growth and diversification strategies.
Wilmington, Delaware, United States, Transparency Market Research Inc. -, Sept. 17, 2024 (GLOBE NEWSWIRE) — The global
Global Cell Expansion Market (Mercado de expansión celular): Regional Profile
- In North America, particularly the United States, robust government support and significant investments in biotechnology foster market growth. The presence of leading players like Thermo Fisher Scientific and Corning, Inc. amplifies technological innovation and drives market expansion.
- A well-established healthcare infrastructure and increasing prevalence of chronic diseases further propel demand for cell-based therapies, augmenting market growth.
- Europe, led by countries such as Germany, France, and the United Kingdom, boasts a flourishing biopharmaceutical sector and stringent regulatory frameworks, ensuring product quality and safety.
- Companies like Sartorius AG and Eppendorf AG dominate the landscape, offering advanced cell culture solutions and bioprocessing technologies. Collaborations between academia and industry accelerate research and development efforts, positioning Europe as a key player in the global cell expansion market.
- In the Asia Pacific region, countries like China, Japan, and South Korea witness rapid market expansion fueled by growing investments in healthcare infrastructure and increasing adoption of cell-based therapies.
- Emerging players like Lonza Group and Miltenyi Biotec capitalize on the region’s burgeoning biotechnology sector, catering to the escalating demand for cell expansion technologies. Favorable regulatory reforms and rising awareness regarding personalized medicine drive market growth, positioning Asia Pacific as a lucrative market for cell expansion solutions.
Cell Expansion Market: Key Segments
By Cell Type
- Human Cells
- Stem Cells
- Adult Stem Cells
- Induced Pluripotent Stem Cells
- Embryonic Stem Cells
- Differentiated Cells
- Animal Cells
By Product Type
- Instruments
- Cell Expansion Supporting Equipment
- Bioreactors
- Automated Cell Expansion
- Consumables
- Reagents
- Media
- Sera
- Disposables
- Bioreactor Accessories
- Tissue Culture Flasks
- Others
By End User
- Hospitals
- CMOs & CROs
- Biotechnology & Pharmaceutical Companies
- Academic & Research Institutes
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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