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What Is The Projected Valuation Of The Cell Expansion Market In The Coming Years?
The size of the cell expansion market has seen a significant surge in recent times. The market, which was valued at $28.11 billion in 2024, is projected to reach $32.31 billion in 2025, reflecting a compound annual growth rate (CAGR) of 15.0%. This substantial growth during the historical period is driven by increased public consciousness and receptivity, applications of cell-based research, a growing demand for cell-based treatments, expansion of the biopharmaceutical industry, and advancements in regenerative medicine.
The market for cell expansion is forecasted to experience significant expansion in the upcoming years. The value is projected to reach $59.31 billion in 2029, growing at a compound annual growth rate (CAGR) of 16.4%. The substantial growth expected within the forecasted period can be linked to increasing investments in the biotechnology sector, broadening scope of stem cell research, drug development, and clinical trials, as well as the demand for personalized medicine, and the expansion of biobanks and cell repositories. The forecast period also indicates notable trends such as advancements in technology, product innovation, and strategic partnerships.
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What Drivers Are Accelerating Expansion Of The Cell Expansion Market?
The rise in chronic disease cases is anticipated to fuel the cell expansion market’s growth. Chronic diseases are enduring ailments which typically have no cure, though they can sometimes be cured or managed. They are on the rise as a result of increased tobacco use, poor nourishment, lack of physical activity, excessive alcohol consumption, and other factors. Cell expansion is beneficial, it replenishes critical nutrients and prevents the build-up of harmful metabolic waste that could negatively impact culture performance. As per the National Center for Biotechnology Information (NCBI), a U.S. National Library of Medicine organization, in January 2023, it was estimated that by 2050, the population aged 50 and over with at least one chronic disease will increase by 99.5%, from 71.522 million in 2020 to 142.66 million. Consequently, the rise in chronic disease incidence will be a driving factor for the cell expansion market’s growth.
How Is The Global Cell Expansion Market Broken Down By Segment?
The cell expansionmarket 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
Which Market Trends Are Expected To Define The Future Of The Cell Expansion Market?
Leading firms in the cell expansion market are focusing on the enhancement of bioprocessing technologies, such as automation in 3D bioreactor systems, to improve the effectiveness and scalability of cell production for therapeutic use. An example of this is PluriCDMO’s use of a proprietary 3D bioreactor system for large-scale, automated cell therapy manufacturing, ensuring uniform, premium quality production from preliminary development to clinical trials. As an illustration, in January 2024, Pluristem Therapeutics Inc., a biotechnology company based in Israel, rolled out a new business unit, PluriCDMO, which will provide services for cell therapy manufacturing as a contract development and a manufacturing organization (CDMO). This new section encompasses a 47,000 square feet cell therapy production facility adhering to good manufacturing practice (GMP). Pluri will offer services from early preclinical development to late-stage clinical trials and market launch through this fresh division.
Which Firms Are Making The Biggest Impact In 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.
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Which Geographic Regions Are Creating Strong Demand 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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