Cell Expansion Market Size, Share, Forecast Report, 2020-2027

The global Cell Expansion market garnered revenue around USD 15.1 Billion in 2020 and projected to reach USD 30.6 Billion by 2027, with at a compound annual growth rate (CAGR) of 15.8% throughout the estimate period from 2020 to 2027. Growth in this market is driven mainly by the increasing incidence of chronic diseases, government investments for cell-based research, the growing focus on personalized medicine, increasing focus on R&D for cell-based therapies, and growing GMP certifications for cell therapy production facilities.

This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.

The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Cell Expansion market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Cell Expansion market growth.

The global Cell Expansion market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.

Major manufacturers analysed under this study comprises:

The major market players include Thermo Fisher Scientific, Inc. (US), Danaher (US), Becton, Dickinson and Company (US), Lonza (Switzerland), Corning, Inc. (US), Merck KGaA (Germany), Sartorius Stedim Biotech (France), Getinge AB (Sweden) Terumo Corporation (Japan), and Miltenyi Biotec (Germany)

This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:

By Product

  • Consumables
    • Reagents
    • Media
    • Sera
    • Disposables
      • Tissue Culture Flasks
      • Bioreactor Accessories
      • Other Disposables (Pipette Tubes, Petri Plates, Centrifuge Tubes, Cell Expansion Bags, and Filtration Membranes)
  • Instruments
    • Cell Expansion Supporting Equipment
      • Flow Cytometers
      • Centrifuges
      • Cell Counters
      • Other Supporting Equipment
  • Bioreactors
    • Microcarrier Bioreactors
      • Microcarrier-based anchorage-dependent bioreactors
      • Suspension-based anchorage-independent bioreactors
    • Perfusion/Hollow Fibre Bioreactors
  • Automated Cell Expansion Systems

By Cell Type

  • Human Cells
    • Stem Cells
    • Adult Stem Cells
      • Induced Pluripotent Stem Cells
      • Embryonic Stem Cells
      • Differentiated Cells
  • Animal Cells

By Application

  • Regenerative Medicine and Stem Cell Research
  • Cancer and Cell-based Research
  • Other Applications (clinical studies, toxicology studies)

By End User 

  • Research Institutes
  • Biotechnology and Biopharmaceutical Companies
  • Cell Banks
  • Other End Users (Hospitals and diagnostic laboratories)

Regional Analysis and Forecast

Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:

North America

  • United States
  • Canada

Europe

  • Germany
  • United Kingdom
  • Italy
  • France
  • Rest of EU

Asia Pacific

  • China
  • India
  • Japan
  • Southeast Asia
  • Rest of APAC

Central & South America

  • Brazil
  • Argentina
  • Rest of Central & South America

Middle East and Africa

  • UAE
  • Saudi Arabia
  • Rest of MEA