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What Is the Forecast for the Cell Harvesting Market from 2024 to 2025?

The market size of cell harvesting has seen robust growth in the recent years. The value is projected to rise from $10.84 billion in 2024 to $11.55 billion in 2025, with a compound annual growth rate (CAGR) of 6.6%. The surges seen in the historical period can be credited to an escalated incidence of chronic illnesses, an increase in research and development investment, and expanding utilization in the field of regenerative medicine.

What Is the Projected Market Size of the Cell Harvesting Market?

In the forthcoming years, a substantial growth is anticipated in the cell harvesting market. The projected growth rate over these years is 7.4%, reaching a market value of $15.34 billion in 2029. This expected growth can be credited to factors such as an increase in disease incidence, trends in aging population, expanded therapeutic applications, and strategic partnerships. Major factors that are likely to shape the market in the forecast period are technological advancements, product innovation, changes in regulations, market competition, and global market expansion.

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Who are the Major Competitors in the Cell Harvesting Market Outlook?

Major companies operating in the cell harvesting market are PerkinElmer Inc., Connectorate AG, Sartorius AG, Terumo Corporation, Cox Scientific Ltd., AVITA Medical Inc., Tomtec Inc., Teleflex Incorporated, Arthrex Inc., Antylia Scientific, Danaher Corporation, Bertin Technologies Group, Merck & Co. Inc., Eurofins Scientific SE, Agilent Technologies Inc., Pall Corporation, Thermo Fisher Scientific Inc., Scinomix Inc., Brandel Co., ADSTEC Corporation, Thomas Scientific Inc., Miltenyi Biotec Technology & Trading Co. Ltd., Terumo BCT Inc., Bertin Pharma SAS, GE Healthcare, Argos Technologies Inc., Esco Lifesciences Group, ReproCell Inc., CESCO Bioengineering Co. Ltd.

What Is Fueling Growth in the Cell Harvesting Market?

The cell harvesting market is anticipated to see growth due to increasing instances of chronic illness. The term chronic disease refers to health conditions that continue for a year or more, requiring continuing healthcare, limiting daily activities, or both. The growth in chronic diseases necessitates more exploration to discover innovative treatments for ailments needing cell-harvesting procedures for drug formulation. For instance, research by the American Cancer Society published in January 2022, a health organization based in the US, predicts 609,360 cancer deaths and 1.9 million new cancer cases in the US in 2022. This equates to approximately 1,670 fatalities daily. Therefore, the escalation in chronic disease cases fuels the cell harvesting market.

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Which Cell Harvesting Market Segments Are Growing the Fastest?

The cell harvesting market covered in this report is segmented –

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

Subsegments:

1) By Manual Cell Harvesters: Syringe-Based Harvesters, Centrifuge-Based Harvesters, Filtration Devices

2) By Automated Cell Harvesters: Robotic Cell Harvesting Systems, Automated Centrifuges, Microfluidic Harvesting Devices

Which Industry Trends Are Shaping the Future of the Cell Harvesting Market?

The cell harvesting market is seeing a rise in the trend of technological innovations. Leading players are focusing on the development of cutting-edge technologies to maintain their dominance in the market. For example, Thermo Fisher Scientific Inc., a U.S. based scientific manufacturer, introduced the DynaSpin Single-Use Centrifuge System using DynaSpin technology in September 2022. This technology is uniquely developed to provide an optimal single-use solution for large scale cell culture gathering and centrifugal cell harvesting. The DynaSpin system facilitates bio-manufacturers meet their sustainability goals while reducing overall operational expenses. The device reduces material needs by up to six times, and by cutting down the number of filters required for harvesting, it eliminates about 70% of waste, as compared to traditional harvest systems used for biologics production.

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Which Countries Are Leading the Cell Harvesting Market?

North America was the largest region in the cell harvesting market share in 2024. The regions covered in the cell harvesting 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 harvesting market, and how is it changing globally?

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

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

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

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

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