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What Is the Growth Rate of the Cell Expansion Market?

The market volume for cell expansion has been significantly swelling in the past few years. It’s set to expand from a worth of $28.11 billion in 2024 to $32.22 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 14.6%. The growth witnessed in the previous period stems from factors such as public cognizance and approval, uses in cell-based research, increasing need for cell-based therapies, the burgeoning biopharmaceutical industry, and advances in regenerative medicine.

What Growth Rate Is Forecasted for the Cell Expansion Market by 2029?

In the coming years, the cell expansion market is anticipated to experience a significant increase in size, reaching $59.14 billion in 2029 with a compound annual growth rate (CAGR) of 16.4%. This expansion during the forecast period can be credited to factors such as growing investment in biotechnology, extensive stem cell studies, clinical trials and drug development, burgeoning demand for personalized medications, as well as biobanking and cell repositories. Technological advancements, product innovations, and strategic collaborations are expected to be the major trends that will shape the market during this period.

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Which Key Companies Are Shaping the Future of the Cell 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.

Which Factors Are Driving Demand in the Cell Expansion Industry?

An expected rise in chronic diseases is forecasted to drive the growth of the cell expansion market. These long-lasting illnesses are typically incurable, but their effects can often be controlled and sometimes even cured. Factors such as tobacco usage, inadequate nutrition, lack of physical activity, and excessive alcohol consumption are contributing to the rise in chronic illnesses. Cell expansion technology assists in nutrient renewal while inhibiting the build-up of harmful metabolic waste that can hinder culture performance. The US-based National Center for Biotechnology Information (NCBI), a part of the National Library of Medicine, projected in January 2023 that by 2050, the population aged 50 years and above with at least one chronic disease will increase by 99.5%, escalating from 71.522 million in 2020 to 142.66 million. As such, the escalating prevalence of chronic diseases is anticipated to fuel the expansion of the cell expansion market.

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How Is the Cell Expansion Market Segmented by Several Divisions?

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

What are the Emerging Market Trends Driving the Growth of the Cell Expansion Industry?

Advancements in bioprocessing technologies such as automated 3D bioreactor systems are the focus of top firms in the cell expansion field. These advancements strive to improve the effectiveness and scalability of cell production for therapeutic use. PluriCDMO employs an automated cell therapy manufacturing system on a large scale by utilizing a proprietary 3D bioreactor system, this ensures consistent, top-notch production from the initial development stages to clinical trials. For example, Pluristem Therapeutics Inc., a biotechnology company based in Israel, unveiled a new business arm named PluriCDMO in January 2024, aimed at providing cell therapy manufacturing services as a contract development and manufacturing organization (CDMO). This new arm incorporates a 47,000 square-feet cell therapy production facility complying with good manufacturing practice (GMP). Pluri aims to provide services encompassing the early stages of preclinical development through to late-stage clinical trials and commercialization under this new division.

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Which Regions Are Driving Growth in the Cell Expansion Market?

North America was the largest region in the cell expansion market share in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cell expansion market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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This Report Delivers Insight On:

1. How big is the cell expansion market, and how is it changing globally?

2. Who are the major companies in the cell expansion market, and how are they performing?

3. What are the key opportunities and risks in the cell expansion market right now?

4. Which products or customer segments are growing the most in the cell expansion market?

5. What factors are helping or slowing down the growth of the cell expansion market?

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