Cell Expansion Market by Application, Products, Cell Type & End User - 2019

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Cell Expansion Market worth $14.8 Billion by 2019 http://www.marketsandmarkets.com/Market-Reports/cell-expansion-market194978883.html

The global cell expansion market involves various products that help in mass production specific cells from a tissue or a sample. This market is driven by several factors which include increasing cancer research, technological advancements, high prevalence of chronic diseases, and growth in government investments. The relatively untapped Asian market and increasing number of stem cell research have opened an array of opportunities for growth of the market. However, high cost of instruments and ethical concerns are expected to restrain the growth of this market.

The global cell expansion market is expected to reach $14.8 billion by 2019 from $6.0 billion in 2014, growing at a CAGR of 19.7% from 2014 to 2019. The market is segmented on the basis of product, cell type, application, end-user, and geography.

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On the basis of product, the cell expansion market is segmented into consumables and instruments. In 2014, the consumables segment is expected to account for the largest share of the global market, by product. The high share can be attributed to the extensive requirement of media in cell expansion process. The consumables market is further divided into reagents, media and serum, and disposables. The instrument market is segmented into automated cell expansion systems, bioreactors and supporting equipment. Supporting equipment include centrifuges, flow cytometers, filtration systems, incubators, microscopes, laminar air flow cabinets and others. The others segment includes strainers, water baths, vortex mixers, pipettes, and cell counters.

Inquiry Before Buying: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=194978883 The cell expansion market, by application is classified into cancer and stem cell research, regenerative medicine, biotechnology and biopharmaceutical and clinical diagnostics; while the market, by end-user is divided into research institutes, hospitals and diagnostic laboratories, cell banks, and biotechnology and biopharmaceutical companies..

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The market by cell type is bifurcated into human cells and animal cells. The human cell market is further sub segmented into stem cells and differentiated cells. The stem cell expansion market is poised to witness the highest growth in the market, by cell type, owing to the increasing government funding of stem cell research and investments by companies to boost the research in cancer.

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The global cell expansion market is dominated by North America, followed by Europe, Asia, and Rest of the World (RoW). North America will continue to lead the globalmarket in the forecast period, followed by Europe. Over the next five years, the growth of the global market in the Asian region is likely to be centered on China, Japan, and India.

Prominent players in the cell expansion market are Becton, Dickinson and Company (U.S.), Danaher Corporation (U.S.),Corning Incorporation (U.S.), GE Healthcare (U.K.),Merck Millipore (U.S.), Miltenyi Biotec (Germany), STEMCELL Technologies (Canada), Sigma-Aldrich Corporation (U.S.), Terumo BCT (U.S.),and Thermo Fisher Scientific Inc. (U.S.).

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