2024-2033 Global Cell Harvesting Market Outlook: Projected Size and Growth Rate
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Cell Harvesting Market Growth Forecast 2024-2033: What’s the Expected Rate?
The cell harvesting market will increase from $10.07 billion in 2023 to $10.77 billion in 2024, experiencing a CAGR of 7.0%. Factors contributing to this growth include the rising prevalence of chronic diseases, increased research and development investments, and the growing applications of cell harvesting in regenerative medicine.
The cell harvesting market is expected to grow to $14.09 billion by 2028, at a CAGR of 7.0%. The expansion is driven by the increasing incidence of diseases, the aging population, broader applications in therapeutics, and strategic collaborations. Trends include technological advancements, product innovations, evolving regulations, and competitive market dynamics.
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What Factors Are Impacting the Growth of the cell harvesting Market?
The escalating cases of chronic diseases are expected to propel growth in the cell harvesting market, driven by the increasing need for research and development of innovative treatments. Notably, the United States is projected to witness over 600,000 cancer-related deaths and nearly 2 million new cancer cases in 2022 alone. This surge in chronic diseases necessitates extensive cell harvesting procedures for drug discovery and development, thus fueling the growth of this market. Market projections for 2024 indicate significant expansion opportunities in response to this demand.
What Are the Fundamental Segments in the Cell Harvesting Market?
1) By Type: Manual Cell Harvesters, Automated Cell Harvesters
2) By Distribution Channel: Retail, Direct Tenders
3) By End-Users: Biotechnology and Biopharmaceutical Companies, Research Institute, Other End-Users
What Trends Are Shaping the New Direction of the 144 Market?
Technological advancements are a key trend in the cell harvesting market, with major players focusing on creating innovative technologies to maintain their market positions. For instance, in September 2022, Thermo Fisher Scientific Inc., a US-based scientific manufacturing company, introduced the DynaSpin Single-Use Centrifuge System. Based on DynaSpin technology, this system offers a single-use solution for extensive cell culture collection and centrifugation for cell harvesting. It enables biological producers to achieve sustainability targets and lower production costs by reducing material requirements and waste compared to conventional harvest systems.
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Which Regions Are Making a Mark in the Cell Harvesting Market Growth?
North America was the largest region in the cell harvesting market share in 2023. The regions covered in the cell harvesting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Cell Harvesting Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the cell harvesting market, its market share, and analyzes key competitors along with their market positions.
The Table Of Content For The Cell Harvesting Market Include
1. Cell Harvesting Market Executive Summary
2. Cell Harvesting Market Segments
3. Cell Harvesting Market Size And Template Market Growth Rate
4. Key Cell Harvesting Market Trends
5. Major Cell Harvesting Market Drivers
……
25. Key Mergers And Acquisitions In The Cell Harvesting Market
26. Top Cell Harvesting Companies
27. Cell Harvesting Market Opportunities And Strategies
28. Cell Harvesting Market, Conclusions And Recommendations
29. Appendix
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