Below are some of the key findings from the cell expansion market research report:
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.
Get a FREE sample now!
Global cell expansion industry overview
The growing focus on personalized medicine is one of the key drivers that will trigger market growth in the forthcoming years. Healthcare providers are increasingly shifting towards the development of personalized medicine resulting in the exploration of new therapies for individuals with genetic anomalies. In addition, with the rising demand for personalized medicine, the need for developing a cell line for manufacturing personalized drugs is increasing. This will further fuel the demand for cell expansion products, resulting in the market to register a CAGR of over 15% during the forecast period.
The increasing importance of promotional activities is one of the key trends that will gain traction in the market during the forecast period. Vendors in the market are focusing on improving the distribution network and encouraging the use of cell expansion products through their websites. Consequently, the rising adoption of several promotional activities will further boost the cell expansion market growth in the forthcoming years.
Top cell expansion companies covered in this market research report
The cell expansion market is moderately fragmented with companies focusing on leveraging innovative technologies for offering high-quality cell expansion products. By offering a complete analysis of the market's competitive landscape and with information on the products offered by the companies, this cell expansion industry analysis report will help clients identify new growth opportunities and design innovative strategies to strengthen their position in the market.
The report offers a complete analysis of various companies including:
- Corning
- Eppendorf
- GENERAL ELECTRIC
- Merck KGaA
- Thermo Fisher Scientific
Cell expansion market segmentation based on geographic regions
- Americas
- APAC
- EMEA
With a complete study of the growth opportunities for the companies, the Americas will account for the highest cell expansion market revenue throughout the forecast period due to the growth of pharmaceutical and biotechnology companies. The APAC region, however, will contribute the fastest growth in the market due to the growing prevalence of diseases which require cell-based research for treatment.
Cell expansion market segmentation based on product
- Consumables
- Equipment
The consumables segment will account for the highest cell expansion market growth due to increasing healthcare expenditure and increasing use of cell-based assays for developing novel drugs and vaccines. Additionally, the report also provides an accurate prediction of the contribution of all the product segments to the growth of the cell expansion market size.
Key highlights of the global cell expansion market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the cell expansion market during the next five years
- Precise estimation of the global cell expansion market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the cell expansion industry across the Americas, APAC, and EMEA
- A thorough analysis of the market's competitive landscape and detailed information on several vendors
- Comprehensive details on the factors that will challenge the growth of cell expansion companies
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch