Increasing Incidences of Cancer and Chronic Diseases Are Driving the Cell Expansion Market

The global cell expansion market is expected to reach USD 18.76 Billion by 2021 from USD 8.34 Billion in 2016 at a CAGR of 17.6% from 2016 to 2021.

Logo

Seattle, WA -- (SBWire) -- 06/19/2017 --The report "Cell Expansion Market by Product (Reagent, Media, Flow Cytometer, Centrifuge, Bioreactor), Cell Type (human, animal), Application (Regenerative Medicine & Stem Cell Research, Cancer), End user (Research Institute, Cell Bank) - Global Forecasts to 2021", The global cell expansion market is expected to reach USD 18.76 Billion by 2021 from USD 8.34 Billion in 2016 at a CAGR of 17.6% from 2016 to 2021.

Browse 168 market data tables with 48 figures spread through 189 pages and in-depth TOC on "Cell Expansion Market"

http://www.marketsandmarkets.com/Market-Reports/cell-expansion-market-194978883.html

Early buyers will receive 10% customization on reports.

The global cell expansion market is expected to reach USD 18.76 Billion by 2021 from USD 8.34 Billion in 2016 at a CAGR of 17.6% from 2016 to 2021. The major factors driving the growth of this market are increasing government funding for research, high prevalence of chronic diseases, rising company investments for the development of cell-based products, and growing number of GMP-certified production facilities.

The report segments this market based on product, cell type, application, end user, and region. Among products, the consumables segment is expected to account for the largest share of the market. The consumables market includes reagents, media and sera, and disposables. Disposables are further classified into tissue culture flasks, bioreactor accessories, and other disposables. The reagents, media, and sera segment is projected to grow at the highest CAGR from 2016 to 2021 due to increasing investments for cell-based research.

Get the PDF brochure For This Report@
http://www.marketsandmarkets.com/pdfdownload.asp?id=194978883

On the basis of cell type, the cell expansion market is segmented into human cells and animal cells. The human cells segment is expected to account for the largest share of the global cell expansion market in 2016. This segment is expected to grow at the highest rate due to increasing research investments by public and private organizations. Human cells include stem cells and differentiated cells. The stem cells segment is classified into adult stem cells, embryonic stem cells, and induced pluripotent stem cells.

The applications segments included in the cell expansion market are regenerative medicine and stem cell research, cancer and cell-based research, and others. The regenerative medicine and stem cell research segment is expected to account for the largest share of the global cell expansion market in 2016. Increasing investments by companies for the development of cell-based therapies are driving the growth of this market.

Speak to Analyst@
http://www.marketsandmarkets.com/speaktoanalyst.asp?id=194978883

End users included in the cell expansion market are research institutes, biopharmaceutical and biotechnology companies, cell banks, and others. The research institutes segment is expected to account for the largest share of the global cell expansion market in 2016. The increasing prevalence of diseases and rising government investments for R&D will drive the growth of this market.

Based on region, the global cell expansion market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). North America is expected to account for the largest share of the market during the forecast period. Growth in this segment is driven by increasing government funding for cell-based research.

Key players in the cell expansion market include Beckman Coulter, Inc. (U.S.), Becton, Dickinson and Company (U.S.), Corning, Inc. (U.S.), GE Healthcare (U.K.), Lonza (Switzerland), Merck KGaA (Germany), Miltenyi Biotec (Germany), STEMCELL Technologies, Inc. (Canada), Terumo BCT, Inc. (U.S.), and Thermo Fisher Scientific, Inc. (U.S.).

About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel: 1-888-600-6441

Media Relations Contact

Mr. Rohan
888-600-6441
http://www.marketsandmarkets.com

View this press release online at: http://rwire.com/822410