Global Cell Harvesting Market is expected to reach USD 387.9 Million by 2025, from USD 196.9 Million in 2017 growing at a CAGR of 8.9% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2017, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
This market report defines the market trends and forecast the upcoming opportunities and threats of the cell harvesting market in the next 8 years. Cell harvesting is extracting the cells either from bone marrow and peripheral blood cells and culturing the cells in the culture dish containing nutrient media. Cell harvesting is used in the cell therapy as well as in gene therapy. University of California developed a cure for bubble baby disease for new born babies by using the cell harvesting in stem cells and gene therapy. Moreover, Asterias developed the stem cell therapy to regain the upper body motor function.
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Competitive Analysis: Global Cell Harvesting Market
global cell harvesting market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cell harvesting market for global, Europe, North America, Asia Pacific and South America.
Major Market competitors/players: Global Cell Harvesting Market
Some of the major players operating in the global cell harvesting market are PerkinElmer Inc, Bertin, Tomtec, Terumo BCT, HynoDent AG, Avita Medical, Argos Technologies, SP Industries, Teleflex Incorporated, Arthrex, Inc, Thomas Scientific, Brand GMBH, Brandel, Cox Scientific, Connectorate, Scinomix, Adstec.
Market Segmentation: Global Cell Harvesting Market
The global cell harvesting market is segmented on basis of type, application, end users and geography.
- Based on type, the global cell harvesting market is segmented into manual cell harvester and automated cell harvesters.
- Based on the application, the global cell harvesting market is segmented into biopharmaceutical application, stem cell research, and other applications.
- On the basis of end users, the global cell harvesting market is segmented into hospitals, research institutes, and community healthcare. Based on distribution channel the market is segmented into retail and direct tenders.
- Based on geography the global cell harvesting market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
Major Market Drivers and Restraints:
- Awareness towards diseases like cancer and genetic disorders like sickle cell disease.
- Increase in the research and development in pharmaceutical and biotechnology sector
- Increased investment in research and development cell therapy and gene therapy
- Increased research and development in animal biotechnology sector for the production of better yield
- Downward pricing pressure owing to its commodity nature
- Ethical issues like it is embryonic stem cell research violates respect for human life
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- The latest developments, market shares, and strategies that are employed by the major market players
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