Quick Summary:
In an ever-evolving global business landscape, informed decision-making is key to maintaining a competitive edge. To that end, understanding the projections, trends and key players in the thriving Cell Expansion Market can prove invaluable. Our comprehensive market research report, meticulously drafted and updated, offers you the insights necessary to stay ahead.
Estimated currently at US$25.8 Billion, the global Cell Expansion market is projected to surge to a value of US$77.5 Billion by 2030. Bolstered by segments such as Consumables—which itself is forecasted to hit US$38.1 Billion—you can leverage these insights for strategic planning. Moreover, with detailed geographical breakups, including growth forecasts for markets as diverse as the U.S. and China, you can align your focus to ensure maximum global impact. This report, featuring industry giants such as Beckman Coulter, Inc. and GE Healthcare, among others, provides one-stop guidance for your foray into the proliferating Cell Expansion sector.
Global Cell Expansion Market to Reach $77.5 Billion by 2030
The global market for Cell Expansion estimated at US$25.8 Billion in the year 2022, is projected to reach a revised size of US$77.5 Billion by 2030, growing at a CAGR of 14.7% over the analysis period 2022-2030. Consumables, one of the segments analyzed in the report, is projected to record 16% CAGR and reach US$38.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Instruments segment is readjusted to a revised 12.5% CAGR for the next 8-year period.The U.S. Market is Estimated at $7.8 Billion, While China is Forecast to Grow at 14% CAGR
The Cell Expansion market in the U.S. is estimated at US$7.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$13.1 Billion by the year 2030 trailing a CAGR of 14% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.6% and 11.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 10.2% CAGR.Select Competitors (Total 12 Featured) -
- Beckman Coulter, Inc.
- Becton, Dickinson and Company
- Corning, Inc.
- GE Healthcare
- Lonza Group Ltd.
- Merck KgaA
- MilliporeSigma
- Miltenyi Biotec GmbH
- StemCell Technologies Inc.
- Terumo BCT, Inc.
- Thermo Fisher Scientific, Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Cell Expansion?
What is the growth rate of the Global Market for Cell Expansion?
What is the forecasted size of the Global Market for Cell Expansion?
Who are the key companies in the Global Market for Cell Expansion?
Report Attribute | Details |
---|---|
No. of Pages | 179 |
Published | September 2023 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 25.8 Billion |
Forecasted Market Value ( USD | $ 77.5 Billion |
Compound Annual Growth Rate | 14.7% |
Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Beckman Coulter, Inc.
- Becton, Dickinson and Company
- Corning, Inc.
- GE Healthcare
- Lonza Group Ltd.
- Merck KgaA
- MilliporeSigma
- Miltenyi Biotec GmbH
- StemCell Technologies Inc.
- Terumo BCT, Inc.
- Thermo Fisher Scientific, Inc.