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Cell Expansion Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2022 to 2030

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    Report

  • 117 Pages
  • August 2022
  • Region: Global
  • Acute Market Reports
  • ID: 5713432

Industry Outlook

The cell expansion market is set to reach from US$ 12,666.8 Mn in 2020 to US$ 49,997.5 Mn by 2030 at a compound annual growth rate (CAGR) of 15.0% during the forecast period from 2022 to 2030. Lack of effective treatment regime for the chronic disease has resulted in significant rise in novel drug discovery and development research studies throughout the globe. Increasing demand for regenerative medicine and stem cell therapy further consolidates the cell expansion market growth.

Significant rise in high throughput screening has resulted in increasing consumption of consumables during the novel drug discovery and development stage

Consumables are reigning the products segment for cell expansion market. The chief contributing factor responsible for its positive market growth is significant rise in high throughput screening which increases the consumption of consumables during the novel drug discovery and development stage. Disposables will be growing at a rampant pace during the forecast period owing to negligible risk of cross contamination of laboratory equipments and flourishing biotechnology & pharmaceutical industry.

Significant growth in translational research related to molecular biology and tissue engineering increases the demand for regenerative medicine

Regenerative medicine is dominating the application segment for cell expansion market. In the last 2 decades there has been significant growth in translational research pertaining to molecular biology and tissue engineering. Regenerative medicine is widely employed in restoring normal function of cells and tissues of internal organs. Increasing demand for personalized medicine has created a lucrative market opportunity for the growth of regenerative medicine. Clinical diagnostics are garnering attention of researchers around the globe due to technological advancement in companion diagnostic kits and rising public health awareness resulting in early screening of chronic diseases.

Rising prevalence of chronic disease and increasing demand for regenerative medicine together drive the market growth in North America

North America with a market share of 35.2% is spearheading the regional segment for cell expansion market. The major factors influencing its market growth are rising prevalence of chronic disease. According to Center for Disease Control and Prevention (CDC), the statistics provided by National Health Council approximately 133 million Americans are suffering with chronic diseases. Tremendous demand for the development of regenerative medicine further propels the market growth in North America region. Europe represents a market share of 30.5% on account of domicile of major biopharmaceutical companies such as Becton Dickinson & Company, Merck Millipore, GE Healthcare etc. Asia Pacific presently holds 17.5% market share owing to the developing healthcare infrastructure and supportive regulatory environment provided by local healthcare agencies for the market proliferation of cell expansion products.

Historical & Forecast Period

This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Cell Expansion market are as follows:
  • Research and development budgets of manufacturers and government spending
  • Revenues of key companies in the market segment
  • Number of end users and consumption volume, price and value.
  • Geographical revenues generate by countries considered in the report
  • Micro and macro environment factors that are currently influencing the Cell Expansion market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Market Segmentation

Product

  • Instrument
  • Consumables
  • Disposables

Application

  • Regenerative Medicine
  • Cancer & Stem Cell Research
  • Clinical Diagnostics
  • Others

Key questions answered in this report

  • What are the key micro and macro environmental factors that are impacting the growth of Cell Expansion market?
  • What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
  • Estimated forecast and market projections up to 2030.
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which market segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Cell Expansion market?
  • Which is the largest regional market for Cell Expansion market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • Which are the key trends driving Cell Expansion market growth?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Cell Expansion market worldwide?


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Table of Contents

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. Key Offerings
1.2. Market Segmentation
1.3. Research Methodology
1.3.1. Phase I - Secondary Research
1.3.2. Phase II - Primary Research
1.3.3. Phase III - Expert Panel Review
1.3.4. Assumptions
1.3.5. Approach Adopted

2. Executive Summary
2.1. Market Snapshot: Global Cell Expansion Market
2.2. Global Cell Expansion Market, By Product, 2021 (US$ Million)
2.3. Global Cell Expansion Market, By Application, 2021 (US$ Million)
2.4. Global Cell Expansion Market, By Geography, 2021 (US$ Million)
2.5. Attractive Investment Proposition by Geography, 2021

3. Cell Expansion Market: Competitive Analysis
3.1. Market Positioning of Key Cell Expansion Market Vendors
3.2. Strategies Adopted by Cell Expansion Market Vendors
3.3. Key Industry Strategies
3.4. Tier Analysis 2021 Versus 2030

4. Cell Expansion Market: Macro Analysis & Market Dynamics
4.1. Introduction
4.2. Global Cell Expansion Market Value, 2020 - 2030, (US$ Million)
4.3. Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Key Challenges
4.3.4. Key Opportunities
4.4. Impact Analysis of Drivers and Restraints
4.5. See-Saw Analysis

5. Cell Expansion Market: By Product, 2020-2030, USD (Million)
5.1. Market Overview
5.2. Growth & Revenue Analysis: 2021 Versus 2030
5.3. Market Segmentation
5.3.1. Instrument
5.3.2. Consumables
5.3.3. Disposables

6. Cell Expansion Market: By Application, 2020-2030, USD (Million)
6.1. Market Overview
6.2. Growth & Revenue Analysis: 2021 Versus 2030
6.3. Market Segmentation
6.3.1. Regenerative Medicine
6.3.2. Cancer & Stem Cell Research
6.3.3. Clinical Diagnostics
6.3.4. Others

7. North America Cell Expansion Market, 2020-2030, USD (Million)
7.1. Market Overview
7.2. Cell Expansion Market: By Product, 2020-2030, USD (Million)
7.3. Cell Expansion Market: By Application, 2020-2030, USD (Million)
7.4.Cell Expansion Market: By Region, 2020-2030, USD (Million)
7.4.1.North America
7.4.1.1. U.S.
7.4.1.1.1. Cell Expansion Market: By Product, 2020-2030, USD (Million)
7.4.1.1.1. Cell Expansion Market: By Application, 2020-2030, USD (Million)
7.4.1.2. Canada
7.4.1.2.1. Cell Expansion Market: By Product, 2020-2030, USD (Million)
7.4.1.2.1. Cell Expansion Market: By Application, 2020-2030, USD (Million)
7.4.1.3. Rest of North America
7.4.1.3.1. Cell Expansion Market: By Product, 2020-2030, USD (Million)
7.4.1.3.1. Cell Expansion Market: By Application, 2020-2030, USD (Million)

8. UK and European Union Cell Expansion Market, 2020-2030, USD (Million)
8.1. Market Overview
8.2. Cell Expansion Market: By Product, 2020-2030, USD (Million)
8.3. Cell Expansion Market: By Application, 2020-2030, USD (Million)
8.4.Cell Expansion Market: By Region, 2020-2030, USD (Million)
8.4.1.UK and European Union
8.4.1.1. UK
8.4.1.1.1. Cell Expansion Market: By Product, 2020-2030, USD (Million)
8.4.1.1.1. Cell Expansion Market: By Application, 2020-2030, USD (Million)
8.4.1.2. Germany
8.4.1.2.1. Cell Expansion Market: By Product, 2020-2030, USD (Million)
8.4.1.2.1. Cell Expansion Market: By Application, 2020-2030, USD (Million)
8.4.1.3. Spain
8.4.1.3.1. Cell Expansion Market: By Product, 2020-2030, USD (Million)
8.4.1.3.1. Cell Expansion Market: By Application, 2020-2030, USD (Million)
8.4.1.4. Italy
8.4.1.4.1. Cell Expansion Market: By Product, 2020-2030, USD (Million)
8.4.1.4.1. Cell Expansion Market: By Application, 2020-2030, USD (Million)
8.4.1.5. France
8.4.1.5.1. Cell Expansion Market: By Product, 2020-2030, USD (Million)
8.4.1.5.1. Cell Expansion Market: By Application, 2020-2030, USD (Million)
8.4.1.6. Rest of Europe
8.4.1.6.1. Cell Expansion Market: By Product, 2020-2030, USD (Million)
8.4.1.6.1. Cell Expansion Market: By Application, 2020-2030, USD (Million)

9. Asia Pacific Cell Expansion Market, 2020-2030, USD (Million)
9.1. Market Overview
9.2. Cell Expansion Market: By Product, 2020-2030, USD (Million)
9.3. Cell Expansion Market: By Application, 2020-2030, USD (Million)
9.4.Cell Expansion Market: By Region, 2020-2030, USD (Million)
9.4.1.Asia Pacific
9.4.1.1. China
9.4.1.1.1. Cell Expansion Market: By Product, 2020-2030, USD (Million)
9.4.1.1.1. Cell Expansion Market: By Application, 2020-2030, USD (Million)
9.4.1.2. Japan
9.4.1.2.1. Cell Expansion Market: By Product, 2020-2030, USD (Million)
9.4.1.2.1. Cell Expansion Market: By Application, 2020-2030, USD (Million)
9.4.1.3. India
9.4.1.3.1. Cell Expansion Market: By Product, 2020-2030, USD (Million)
9.4.1.3.1. Cell Expansion Market: By Application, 2020-2030, USD (Million)
9.4.1.4. Australia
9.4.1.4.1. Cell Expansion Market: By Product, 2020-2030, USD (Million)
9.4.1.4.1. Cell Expansion Market: By Application, 2020-2030, USD (Million)
9.4.1.5. South Korea
9.4.1.5.1. Cell Expansion Market: By Product, 2020-2030, USD (Million)
9.4.1.5.1. Cell Expansion Market: By Application, 2020-2030, USD (Million)
9.4.1.6. Rest of Asia Pacific
9.4.1.6.1. Cell Expansion Market: By Product, 2020-2030, USD (Million)
9.4.1.6.1. Cell Expansion Market: By Application, 2020-2030, USD (Million)

10. Latin America Cell Expansion Market, 2020-2030, USD (Million)
10.1. Market Overview
10.2. Cell Expansion Market: By Product, 2020-2030, USD (Million)
10.3. Cell Expansion Market: By Application, 2020-2030, USD (Million)
10.4.Cell Expansion Market: By Region, 2020-2030, USD (Million)
10.4.1.Latin America
10.4.1.1. Brazil
10.4.1.1.1. Cell Expansion Market: By Product, 2020-2030, USD (Million)
10.4.1.1.1. Cell Expansion Market: By Application, 2020-2030, USD (Million)
10.4.1.2. Mexico
10.4.1.2.1. Cell Expansion Market: By Product, 2020-2030, USD (Million)
10.4.1.2.1. Cell Expansion Market: By Application, 2020-2030, USD (Million)
10.4.1.3. Rest of Latin America
10.4.1.3.1. Cell Expansion Market: By Product, 2020-2030, USD (Million)
10.4.1.3.1. Cell Expansion Market: By Application, 2020-2030, USD (Million)

11. Middle East and Africa Cell Expansion Market, 2020-2030, USD (Million)
11.1. Market Overview
11.2. Cell Expansion Market: By Product, 2020-2030, USD (Million)
11.3. Cell Expansion Market: By Application, 2020-2030, USD (Million)
11.4.Cell Expansion Market: By Region, 2020-2030, USD (Million)
11.4.1.Middle East and Africa
11.4.1.1. GCC
11.4.1.1.1. Cell Expansion Market: By Product, 2020-2030, USD (Million)
11.4.1.1.1. Cell Expansion Market: By Application, 2020-2030, USD (Million)
11.4.1.2. Africa
11.4.1.2.1. Cell Expansion Market: By Product, 2020-2030, USD (Million)
11.4.1.2.1. Cell Expansion Market: By Application, 2020-2030, USD (Million)
11.4.1.3. Rest of Middle East and Africa
11.4.1.3.1. Cell Expansion Market: By Product, 2020-2030, USD (Million)
11.4.1.3.1. Cell Expansion Market: By Application, 2020-2030, USD (Million)

12. Company Profile
12.1. Becton Dickinson & Company
12.1.1. Company Overview
12.1.2. Financial Performance
12.1.3. Product Portfolio
12.1.4. Strategic Initiatives
12.2. Beckman Coulter, Inc.
12.2.1. Company Overview
12.2.2. Financial Performance
12.2.3. Product Portfolio
12.2.4. Strategic Initiatives
12.3. Corning Incorporation
12.3.1. Company Overview
12.3.2. Financial Performance
12.3.3. Product Portfolio
12.3.4. Strategic Initiatives
12.4. Danaher Corporation
12.4.1. Company Overview
12.4.2. Financial Performance
12.4.3. Product Portfolio
12.4.4. Strategic Initiatives
12.5. GE Healthcare
12.5.1. Company Overview
12.5.2. Financial Performance
12.5.3. Product Portfolio
12.5.4. Strategic Initiatives
12.6. Merck Millipore
12.6.1. Company Overview
12.6.2. Financial Performance
12.6.3. Product Portfolio
12.6.4. Strategic Initiatives
12.7. Miltenyi Biotec
12.7.1. Company Overview
12.7.2. Financial Performance
12.7.3. Product Portfolio
12.7.4. Strategic Initiatives
12.8. STEMCELL Technologies
12.8.1. Company Overview
12.8.2. Financial Performance
12.8.3. Product Portfolio
12.8.4. Strategic Initiatives
12.9. Terumo BCT
12.9.1. Company Overview
12.9.2. Financial Performance
12.9.3. Product Portfolio
12.9.4. Strategic Initiatives
12.10. Thermo Fisher Scientific
12.10.1. Company Overview
12.10.2. Financial Performance
12.10.3. Product Portfolio
12.10.4. Strategic Initiatives

List of Figures
Figure 1 Global Cell Expansion Market: Market Coverage
Figure 2 Research Methodology and Data Sources
Figure 3 Market Size Estimation - Top Down & Bottom-Up Approach
Figure 4 Global Cell Expansion Market: Quality Assurance
Figure 5 Global Cell Expansion Market, By Product, 2021
Figure 6 Global Cell Expansion Market, By Application, 2021
Figure 7 Global Cell Expansion Market, By Geography, 2021
Figure 8 Market Geographical Opportunity Matrix - Global Cell Expansion Market, 2021
Figure 9 Market Positioning of Key Cell Expansion Market Players, 2021
Figure 10 Global Cell Expansion Market - Tier Analysis - Percentage of Revenues by Tier Level, 2021 Versus 2030
Figure 11 Global Cell Expansion Market, By Product, 2021 Vs 2030, %
Figure 12 Global Cell Expansion Market, By Application, 2021 Vs 2030, %
Figure 13 U.S. Cell Expansion Market (US$ Million), 2020 - 2030
Figure 14 Canada Cell Expansion Market (US$ Million), 2020 - 2030
Figure 15 Rest of North America Cell Expansion Market (US$ Million), 2020 - 2030
Figure 16 UK Cell Expansion Market (US$ Million), 2020 - 2030
Figure 17 Germany Cell Expansion Market (US$ Million), 2020 - 2030
Figure 18 Spain Cell Expansion Market (US$ Million), 2020 - 2030
Figure 19 Italy Cell Expansion Market (US$ Million), 2020 - 2030
Figure 20 France Cell Expansion Market (US$ Million), 2020 - 2030
Figure 21 Rest of Europe Cell Expansion Market (US$ Million), 2020 - 2030
Figure 22 China Cell Expansion Market (US$ Million), 2020 - 2030
Figure 23 Japan Cell Expansion Market (US$ Million), 2020 - 2030
Figure 24 India Cell Expansion Market (US$ Million), 2020 - 2030
Figure 25 Australia Cell Expansion Market (US$ Million), 2020 - 2030
Figure 26 South Korea Cell Expansion Market (US$ Million), 2020 - 2030
Figure 27 Rest of Asia Cell Expansion Market (US$ Million), 2020 - 2030
Figure 28 Brazil Cell Expansion Market (US$ Million), 2020 - 2030
Figure 29 Mexico Cell Expansion Market (US$ Million), 2020 - 2030
Figure 30 Rest of Latin America Cell Expansion Market (US$ Million), 2020 - 2030
Figure 31 GCC Cell Expansion Market (US$ Million), 2020 - 2030
Figure 32 Africa Cell Expansion Market (US$ Million), 2020 - 2030
Figure 33 Rest of Middle East and Africa Cell Expansion Market (US$ Million), 2020 - 2030

List of Tables
Table 1 Global Cell Expansion Market By Product, 2020-2030, USD (Million)
Table 2 Global Cell Expansion Market By Application, 2020-2030, USD (Million)
Table 3 North America Cell Expansion Market By Product, 2020-2030, USD (Million)
Table 4 North America Cell Expansion Market By Application, 2020-2030, USD (Million)
Table 5 U.S. Cell Expansion Market By Product, 2020-2030, USD (Million)
Table 6 U.S. Cell Expansion Market By Application, 2020-2030, USD (Million)
Table 7 Canada Cell Expansion Market By Product, 2020-2030, USD (Million)
Table 8 Canada Cell Expansion Market By Application, 2020-2030, USD (Million)
Table 9 Rest of North America Cell Expansion Market By Product, 2020-2030, USD (Million)
Table 10 Rest of North America Cell Expansion Market By Application, 2020-2030, USD (Million)
Table 11 UK and European Union Cell Expansion Market By Product, 2020-2030, USD (Million)
Table 12 UK and European Union Cell Expansion Market By Application, 2020-2030, USD (Million)
Table 13 UK Cell Expansion Market By Product, 2020-2030, USD (Million)
Table 14 UK Cell Expansion Market By Application, 2020-2030, USD (Million)
Table 15 Germany Cell Expansion Market By Product, 2020-2030, USD (Million)
Table 16 Germany Cell Expansion Market By Application, 2020-2030, USD (Million)
Table 17 Spain Cell Expansion Market By Product, 2020-2030, USD (Million)
Table 18 Spain Cell Expansion Market By Application, 2020-2030, USD (Million)
Table 19 Italy Cell Expansion Market By Product, 2020-2030, USD (Million)
Table 20 Italy Cell Expansion Market By Application, 2020-2030, USD (Million)
Table 21 France Cell Expansion Market By Product, 2020-2030, USD (Million)
Table 22 France Cell Expansion Market By Application, 2020-2030, USD (Million)
Table 23 Rest of Europe Cell Expansion Market By Product, 2020-2030, USD (Million)
Table 24 Rest of Europe Cell Expansion Market By Application, 2020-2030, USD (Million)
Table 25 Asia Cell Expansion Market By Product, 2020-2030, USD (Million)
Table 26 Asia Cell Expansion Market By Application, 2020-2030, USD (Million)
Table 27 China Cell Expansion Market By Product, 2020-2030, USD (Million)
Table 28 China Cell Expansion Market By Application, 2020-2030, USD (Million)
Table 29 Japan Cell Expansion Market By Product, 2020-2030, USD (Million)
Table 30 Japan Cell Expansion Market By Application, 2020-2030, USD (Million)
Table 31 India Cell Expansion Market By Product, 2020-2030, USD (Million)
Table 32 India Cell Expansion Market By Application, 2020-2030, USD (Million)
Table 33 Australia Cell Expansion Market By Product, 2020-2030, USD (Million)
Table 34 Australia Cell Expansion Market By Application, 2020-2030, USD (Million)
Table 35 South Korea Cell Expansion Market By Product, 2020-2030, USD (Million)
Table 36 South Korea Cell Expansion Market By Application, 2020-2030, USD (Million)
Table 37 Latin America Cell Expansion Market By Product, 2020-2030, USD (Million)
Table 38 Latin America Cell Expansion Market By Application, 2020-2030, USD (Million)
Table 39 Brazil Cell Expansion Market By Product, 2020-2030, USD (Million)
Table 40 Brazil Cell Expansion Market By Application, 2020-2030, USD (Million)
Table 41 Mexico Cell Expansion Market By Product, 2020-2030, USD (Million)
Table 42 Mexico Cell Expansion Market By Application, 2020-2030, USD (Million)
Table 43 Rest of Latin America Cell Expansion Market By Product, 2020-2030, USD (Million)
Table 44 Rest of Latin America Cell Expansion Market By Application, 2020-2030, USD (Million)
Table 45 Middle East and Africa Cell Expansion Market By Product, 2020-2030, USD (Million)
Table 46 Middle East and Africa Cell Expansion Market By Application, 2020-2030, USD (Million)
Table 47 GCC Cell Expansion Market By Product, 2020-2030, USD (Million)
Table 48 GCC Cell Expansion Market By Application, 2020-2030, USD (Million)
Table 49 Africa Cell Expansion Market By Product, 2020-2030, USD (Million)
Table 50 Africa Cell Expansion Market By Application, 2020-2030, USD (Million)
Table 51 Rest of Middle East and Africa Cell Expansion Market By Product, 2020-2030, USD (Million)
Table 52 Rest of Middle East and Africa Cell Expansion Market By Application, 2020-2030, USD (Million)

Companies Mentioned

  • Becton Dickinson & Company
  • Merck Millipore
  • GE Healthcare