How Will The Cell Separation Market Globally Expand In 2023?
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The Business Research Company’s cell separation market report forecasts the cell separation market size to grow to $21.12 Billion by 2027, with a CAGR (compound annual growth rate) of almost 17%.
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Cell Separation Market Size Forecast
The global cell separation market is expected to grow from $9.67 billion in 2022 to $11.31 billion in 2023 at a compound annual growth rate (CAGR) of 17.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global cell separation market size is expected to reach $21.12 billion in 2027 at a CAGR of 16.9%.
North America held the largest cell separation market share, and Asia-Pacific was the fastest-growing region in 2022.
Key Cell Separation Market Driver – Increase In Number Of Patients Suffering From Cancer
According to a report released in September 2020 by the National Cancer Institute, a US-based government agency that coordinates the National Cancer Programme and is part of the National Institutes of Health, by 2040, the total number of new cancer cases per year is expected to reach 29.5 million, with 16.4 million cancer-related deaths. Furthermore, in 2020, an estimated 16,850 children and adolescents aged 0 to 19 would be diagnosed with cancer, with 1,730 dying as a result of the condition. As a result, an increasing number of cancer patients will boost the cell separation industry.
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Key Cell Separation Market Trend – Technological Advancement
Major corporations are concentrating their efforts on creating innovative cell separation technologies in order to boost throughput and optimise operations, gaining a competitive advantage in the market. For example, in September 2022, Akadeum Life Sciences, a biotechnology company based in the United States that develops buoyancy-based cell separation technology, released the Microbubble Leukopak Human T Cell Isolation Kit. This novel research-only kit was developed to give scientists with an important solution to biological and lab workflow issues. The technology combines microbubbles with a Buoyancy Activated Cell Sorting (BACSTM) Separation Tube, which has the potential to revolutionise large-volume cell separation techniques. The Microbubble Leukopak Human T Cell Isolation Kit makes use of microbubble technology, which enables scientists to process up to twice as many leukopaks in one-third the time of standard processes, enhancing productivity and optimising operations.
Cell Separation Market Segment
1) By Cell Type: Human Cells, Animal Cells
2) By Type: Gradient centrifugation, Surface markers separation, Fluorescence activated cell sorting, Magnetic cell sorting
3) By Product: Consumables, Instruments
4) By Application: Biomolecule Isolation, Cancer Research, Stem Cell Research, Tissue Regeneration, In Vitro Diagnostics, Therapeutics
Cell Separation Market Major Players and Strategies
Major players in the cell separation market are Becton Dickinson And Company, Merck KgaA, Thermo Fisher Scientific, Bio-Rad Laboratories Inc., Terumo BCT Inc., Miltenyi Biotec Inc., Beckman Coulter Inc., STEMCELL Technologies Inc., PluriSelect Life Science UG And Co. KG, GE Healthcare, BD Bioscience, Philips Healthcare Informatics Inc., Akadeum Life Sciences LLC, 10X Genomics Inc., Carl Zeiss AG, and Life Technologies Inc.
Namocell Inc. was acquired for an unknown sum by Bio-Techne Corporation, a biotechnology business based in the United States, in July 2022. The acquisition comprises basic single-cell sorting and dispensing technologies, and it will expand Bio-Techne Corporation’s services. Namocell Inc. is a biotechnology firm established in the United States that develops single cell sorting and dispensing technologies to support single cell research and pharmaceutical development.
The Cell Separation Global Market Report 2023 covers regional data on cell separation market size, cell separation market trends and drivers, opportunities, strategies, and cell separation market competitor analysis. The countries covered in the cell separation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
The process of removing one or more specific cell types from a heterogeneous mixture of cells is known as cell separation. It is used in research, diagnosis, and treatment to identify, isolate, and transfer specific cells from a complex mixture of cells.
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