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The latest study on the Cell expansion market industry includes a detailed analysis of the future trends and demands for the forecast period, 2020 – 2028 . The report is furnished with the latest scenario and growth outlook of the market with regard to the impact of the pandemic.The report considers 2017-2018 as historical years, 2019 as the base year, and 2020-2028 as the forecast timeline. The report offers strategic recommendations to the key stakeholders and investors to help them ascertain maximum returns on their investments and formulate new strategic business plans.
The global cell expansion market is estimated to reach value of USD 39.74 Billion by 2027, according to a current analysis by Emergen Research. Increasing incidence of chronic and rare diseases such as cancer is driving revenue growth of cell expansion market. Increased investment by the governments of various countries in research and a growing number of GMP-certified production facilities is expected to contribute to growth of the market.
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Adoption of regenerative medicines and growing incidence of cancer are some of the driving factors of the cell expansion market. Cell expansion is used in drug testing and development of cell-based therapy and cancer tissues. High cost of cell-based research and stringent regulations are hindering growth of cell expansion market.
Some major companies in the global market report Danaher Corporation, Thermo Fisher Scientific, Inc., Corning Incorporated, Lonza, Merck KGAA, Terumo Corporation, Stemcell Technologies, Inc., Cellexus, Becton, Dickinson and Company, and Himedia Laboratories.
Covid 19 analysis :
The report is refurbished with the impact of the recent COVID-19 pandemic on the global Cell expansion market . The pandemic has dynamically changed the economic scenario of the world and has affected several segments of the Cell expansion market . The research report focuses on the present and future impact of this crisis to provide an extensive analysis of the Cell expansion market post-COVID-19 crisis.
One of the report’s central components is the broad Cell expansion market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past Cell expansion market performance, production & consumption rates, demand & supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report.
For the purpose of this report, Emergen Research has segmented global cell expansion market based on product, cell type, application, end-user, and region:
Product Outlook (Revenue, USD Million; 2017–2027)
Cell Expansion Supporting Equipment
Other Supporting Equipment
Microcarrier-based anchorage-dependent bioreactors
Suspension-based anchorage-independent bioreactors
Perfusion/Hollow Fiber Bioreactors
Automated Cell Expansion Systems
Cell Type Outlook (Revenue, USD Million; 2017–2027)
Adult Stem Cells
Induced Pluripotent Stem Cells
Embryonic Stem Cells
Application Outlook (Revenue, USD Million; 2017–2027)
Regenerative Medicine and Stem Cell Research
Cancer and Cell-based Research
Other (clinical studies, toxicology studies)
End-User Outlook (Revenue, USD Million; 2017–2027)
Biotechnology and Biopharmaceutical Companies
Other End Users (hospitals and diagnostic laboratories)
Cell expansion market Regional Segmentation;
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Highlights of the TOC:
Key geographical areas:
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