Cell Expansion Market Forecast and Insights: Exploring Growth Trends, Market Size, and Emerging Opportunities
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
Which Major Market Drivers Are Expected to Boost the Growth Potential of the Cell Expansion Market?
The rising prevalence of long-term illnesses, also known as chronic diseases, is predicted to drive the demand for the cell expansion market in the future. Chronic diseases, which often cannot be cured but can sometimes be managed or even healed, are on the rise due to factors such as tobacco use, poor diet, lack of physical activity, high alcohol consumption, and more. Cell expansion is beneficial as it renews nutrients and avoids the build-up of harmful metabolic waste, which could hinder culture performance. For example, the National Center for Biotechnology Information (NCBI), a US-based National Library of Medicine, forecasted in January 2023 that by 2050, there will be a 99.5% surge in the number of people aged 50 and above with at least one chronic disease, escalating from 71.522 million in 2020 to 142.66 million. Thus, the escalating prevalence of chronic diseases is likely to fuel the growth of the cell expansion market.
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#What Are the Key Projections for the CAGR of the Cell Expansion Market From 2025 to 2034?
In recent times, there has been considerable growth in the cell expansion market size. The market is set to expand from $28.11 billion in 2024 to $32.22 billion in 2025, reflecting a Compound Annual Growth Rate (CAGR) of 14.6%. Factors such as increased public awareness and acceptance, the expanding use of cell-based research applications, a heightened demand for cell-based therapies, development in the biopharmaceutical sector, and advancements in regenerative medicine contributed to this growth during the historic period.
Anticipated rapid growth in the coming years is projected to propel the cell expansion market size to $59.14 billion in 2029, boasting a compound annual growth rate (CAGR) of 16.4%. This advancement in the forecast span is attributed to the escalating investments in biotechnology, increased stem cell research, clinical trials and drug development, amplified demand for personalized medicine, and expansion in biobanking and cell repositories. The forecast period also signals major shifts including technological progress, product breakthroughs, and strategic partnerships.
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What Are the Key Market Innovations in theCell Expansion Market Over the Coming Years?
Leading firms in the cell expansion market are focusing on enhancing bioprocessing technologies, including automated 3D bioreactor systems, to improve the effectiveness and scalability of therapeutic cell production. With its proprietary 3D bioreactor system, PluriCDMO ensures standardized, high-quality production for cell therapy manufacturing on a large scale, from initial development stages to clinical trials. In January 2024, Pluristem Therapeutics Inc., a biotech company from Israel, initiated a fresh business unit called PluriCDMO to provide cell therapy production services within a contract development and manufacturing organization (CDMO) setup. This new unit incorporates a 47,000-ft2 good manufacturing practice (GMP) cell therapy production facility. Pluri intends to provide services with this new division, spanning from early preclinical development to later-stage clinical trials and market launch.
Who Are the Top Companies Driving Innovation and Growth in theCell Expansion Market?
Major companies operating in the cell expansion market are Thermo Fisher Scientific Inc., Becton Dickinson and Company, Lonza Group, Corning Inc., Merck KGaA, Sartorius Stedim Biotech SA, Terumo Corporation, Miltenyi Biotec GmbH, Danaher Corporation, Stemcell Technologies Inc., Beckman Coulter Inc., Takara Bio Inc., RepliCel Life Sciences, Neximmune Inc., Celltainer Biotech BV, GE HealthCare Technologies Inc., ReproCELL USA Inc., iXCells Biotechnologies Inc., Neuromics LLC, G&G Technologies Inc., Eppendorf AG, Avantor Inc., Bio-Techne Corporation, BioLife Solutions Inc., Cesca Therapeutics Inc., Core Dynamics Ltd., Lifeline Scientific Inc., Princeton Cryotech Inc., VWR International LLC, Azenta US Inc., MVE Biological Solutions LLC, BioCision LLC, BioSpherix Ltd., Worthington Industries Inc.
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Which Key Market Segments Comprise the Cell Expansion Market and Drive Its Revenue Growth?
The cell expansion market covered in this report is segmented –
1) By Cell Type: Mammalian, Microbial, Other Cell Types
2) By Product: Consumables, Reagents, Media, Serum, Disposables, Instruments
3) By Application: Biopharmaceuticals, Tissue Culture And Engineering, Vaccine Production, Drug Development, Gene Therapy, Cancer Research, Stem Cell Research, Other Applications
4) By End-user: Biopharmaceutical And Biotechnology Companies, Research Institutes, Cell Banks, Other End-Users
Subsegments:
1) By Mammalian: Adherent Cells, Suspension Cells, Stem Cells
2) By Microbial: Bacterial Cells, Yeast Cells, Fungal Cells
3) By Other Cell Types: Plant Cells, Insect Cells, Hybridoma Cells
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https://www.thebusinessresearchcompany.com/customise?id=8264&type=smpGlobal Cell Expansion Market, Global Cell Expansion Market Report, Global Cell Expansion Market Trends, Global Cell Expansion Market Size
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