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What are Key Factors Driving the Growth of Global Cell Isolation Market?

Posté le: Oct-27-2020 | vue (32) fois | Word Count article: 471 |

The global cell isolation market was assessed to be $4.6 billion in 2017 and is further projected to generate $12.6 billion revenue by 2023, growing at a CAGR of 18.8% during the forecast period (2018–2023).
Cell isolation techniques are increasingly being adopted all around the world owing to their ability to detect diseases earlier than the other conventionally used methods. In addition to this, the cell isolation technique is widely used in the hassle-free production of various kinds of biopharmaceuticals such as biosimilars, recombinant proteins, and monoclonal antibodies, which is further boosting the demand for cell isolation methods across the globe. The cells used in cell isolation are obtained from humans, plants, and animal sources and so, they require highly efficient filtration systems in order to remove the disease causing bacteria and viruses.

The soaring number of investments made by the governments of several countries on cell-based research is another important factor propelling the adoption of cell isolation techniques in the healthcare industry. Cell therapies are increasingly being used for the treatment of spinal cord injury, amyotrophic lateral sclerosis, neurological diseases, skeletal, renal, stroke, and autoimmune diseases like type 1 diabetes, multiple sclerosis, and Crohn’s disease. It has also been found that cell-based research has the ability to control and treat cancer and various other chronic diseases.

Due to the above-mentioned factors, the valuation of the global cell isolation market is anticipated to increase from $4.6 billion in 2017 to $12.6 billion by 2023. The market is also projected to progress at an 18.8% CAGR during the forecast period (2018–2023). There are two types of products used in cell isolation processes — consumables and instruments. Of these, consumables recorded higher usage in 2017 and are also expected to register faster growth in utilization during the forecast period, due to the rising requirement of media, kits, reagents, beads, disposables, and sera in cell isolation processes.

Cell isolation methods are used in biomolecule isolation, stem cell research, cancer research, therapeutics, tissue regeneration, and in vitro diagnostics. Amongst these, the biomolecule isolation processes are expected to record the fastest growth in the adoption of cell isolation techniques during the forecast period. This is mainly attributed to the rising focus of pharmaceutical organizations toward the development of medicines based on biomolecules, on account of the fact that the drugs based on biomolecules have lesser side-effects as compared to the ones made from conventional processes.

Asia-Pacific (APAC), on account of the increasing focus on applied and basic research, is predicted to register the fastest growth in the adoption of cell isolation techniques during in the coming years. In APAC, Japan observed the highest usage of cell isolation processes in 2017, owing to the presence of well-established research institutions, advanced healthcare facilities, easier availability of cell isolation products, and huge government investments on basic and applied research, in the country. These factors are also expected to contribute toward the surge of the cell isolation market in the country in future.

Source: P&S Intelligence

Source de l'article : are Key Factors Driving the Growth of Global Cell Isolation Market?_1003.aspx

auteur ressource :
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

Mots-clés : Cell Isolation Market, Cell Isolation Market Demand, US Cell Isolation Market,

Catégorie : Accueil et Famille : Accueil et Famille

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