Global Cell Harvesting Market - Forecasts From 2018 to 2023

The global cell harvesting market is expected to reach US$547.050 million by 2023 from US$315.533 million in 2017 growing at a CAGR of 9.61%. Cell harvesting refers to the technique of collecting the stem cells for the various therapeutic purpose. Stem cells are the primitive undifferentiated cells that have the ability to differentiate into various cell types of the body such as liver cells, muscle cells, blood cells, and other cells with specific functions. Stem cell harvesting helps in treating several diseases, such as cancers, blood disorders, immune deficiency diseases with researches underway to determine whether stem cell therapy may be useful in treating other conditions, including diabetes, heart disease, Parkinson's disease, and spinal cord injury. The market is expected to show a significant growth during the forecast period owing to the rising investments in regenerative medicine and cell-based research. Growth in the biotechnology industry will also have a positive impact on the cell harvesting market. However, ethical issues pertaining to the stem cell therapies and high cost of the therapy might restrict the growth of the market during the give time frame.

This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical region. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the global Cell Harvesting market value chain. Last step involves complete market engineering which includes analysing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the global Cell Harvesting market.

Major industry players profiled as part of the report are Aspire Medical Innovation, CTIBiotech Corporation and Tomtec among others.

Segmentation

By Cell Harvesting Type

Manual Cell Harvesting
Automated Cell Harvesting

By Stem Cell Type

Umbilical Cord Stem Cells
Adult Stem Cells
Fetal Stem Cells
Embryonic Stem Cells
Others

By Application

Cancer
Blood Disorders
Genetic Disorders
Others

By End Users

Biotechnology & Biopharmaceutical Companies
Hospitals
Research Centers

By Geography

North America
United States
Canada

South America

Europe
United Kingdom
Germany
France
Others

Middle East and Saudi Arabia

Asia Pacific
China
Japan
Others