Cell Expansion Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)

24 January 2023 | Tuesday | News

The cell expansion market will show rapid growth due to the increasing incidence of chronic diseases, government investments for cell-based research and increasing focus on R&D for cell-based therapies.

Cell Expansion Market Analysis

The rising prevalence of chronic diseases coupled with increasing research activities for cell-based research is found to be the major factor driving the cell expansion market. Cardiovascular disease (CVD) is the leading cause of mortality worldwide. According to the WHO, an estimated 17.9 million people died from CVDs in 2016, representing 31% of all global deaths.

There is an increase in the prevalence of cancer patients that results in a large patient pool, which creates an opportunity for the manufacturers to tap and capitalize on the market. Hence there is an increase in the cases of chronic diseases that are expected to drive the overall market. Furthermore, technological advances in cell expansion devices and growth in government investments regarding healthcare issues are the factors propelling the market.  

Cell Expansion Industry Segments

As per the scope of the report, cell expansion deals with the production of daughter cells that arise from a single cell. This process is used in therapeutic development, drug screening, and microlevel research of cells. Presently, cell expansion is widely used to improve transplantation and in the treatment of various diseases such as rheumatoid arthritis, diabetes, and others. Cell expansion also ensures to simplify the overall task and to reduce labor-intensive manual tasks that are associated with the process.

By Product
  Reagents, Media, & Serum
Cell Expansion Supporting Equipment
Automated Cell Expansion Systems
By Cell Type
  Human Cells
  Animal Cells
By Application
  Regenerative Medicine and Stem Cell Research
  Cancer and Cell-Based Research
  Other Applications
By End User
  Biotechnology & Biopharmaceutical Companies
  Research Institutes
North America
United States
United Kingdom
Rest of Europe
South Korea
Rest of Asia-Pacific
Middle-East and Africa
South Africa
Rest of Middle East and Africa
South America
Rest of South America


Cell Expansion Market Trends

This section covers the major market trends shaping the Cell Expansion Market according to our research experts:

Consumables is Expected to be the Largest Growing Segment in the Cell Expansion Market

The consumables segment has been accounted for the largest share of the market and this is mainly due to the high demand during the production of regenerative medicine and rising research activities on stem cells in the biopharmaceutical companies. There is also a constant requirement for new reagents among end-users that helps in market growth. Furthermore, the rising awareness regarding advanced treatment therapies such as personalized medicine is also another driving factor for this segment.

Cell Expansion Market

North America is Found Leading the Cell Expansion Market

The increasing incidences of chronic and cell-based diseases and rising geriatric population are the key factors driving the overall market in this region. The rising investment made by the companies as well as the government for cell expansion research is also a  factor driving the market in this region.

The Asia Pacific is poised to grow owing to rapidly expanding biotechnology and biopharmaceutical industries, increasing government investments for cancer and stem cell research and rising focus of prominent players on the emerging markets.

Cell Expansion Market

Cell Expansion Market Competitor Analysis

There has been a presence of a considerable number of companies that are mainly focusing on agreements and expansions to strengthen its business operations. There are various established business players that are adopting numerous organic and inorganic growth strategies to increase their market share. New product launches, mergers and acquisitions, partnerships, and collaborations are the key strategies undertaken by these companies for sustainable growth.

Cell Expansion Market Top Players

  1. Thermo Fisher Scientific, Inc.

  2. Becton, Dickinson and Company

  3. Terumo BCT

  4. Merck KGaA

  5. GE Healthcare

*Disclaimer: Major Players sorted in no particular order

Cell Expansion Market

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