Cell Harvesting Market Players, Size, Share, Drivers, Restraints, Analysis and Forecast-2030
Cell harvesting is performed by separating the cell culture from the
growing medium, involving techniques such as centrifugation, microfiltration,
and depth filtration
The cell harvesting market is expected to grow CAGR of 11.40% with an estimated market value of USD 9.82 Billion during the forecast
period from 2022 to 2030.
. Numerous factors
such as an increase in chronic infections and diseases, the rapid growth of the
biotechnology and pharmaceutical industries, and rising research in
regenerative medicines are expected to drive the growth of the market.
Moreover, the cost-effectiveness, ease of use, the durability of harvesters,
technological advancements, and design development of cell harvester devices
fuel the growth of the market. However, the technical complexity of harvesters
coupled with ethical issues related to embryonic stem cell research may curb
the growth of the market. Stringent government regulations and mandatory
licensing rules may also hamper the market growth during the assessment period.
Major Key Players:
Some of the Cell Harvesting Market Players are ads-tec GmbH, Avita Medical,
Argos Technologies, Inc., Arthrex, Inc., Bertin, connectorate, Cox Scientific,
hynoDent AG, PerkinElmer Inc., Scinomix, Teleflex Incorporated, and Terumo
Corporation.
Segment Analysis
The global cell harvesting market has been segmented
into product type, application, and end user.
The market, on the basis of product type, has been
segmented into manual cell harvesters and automated cell harvesters.
The manual cell harvesters segment is estimated to
hold the largest share owing to the high preferability of manual cell
harvesters, whereas the automated cell harvesters segment is expected to be the
fastest growing due to increased awareness and rise in the use of automated
technologies in devices.
The market, by application, has been segmented into
biopharmaceutical application, stem cell research, and others.
The market, by end user, has been segmented into
pharmaceutical companies, biotechnology companies, research institutes, and
others.
The pharmaceutical companies segment is estimated to
account for the largest share. This owes to the increase in research and
development activities of companies to come up with new innovative treatment
options. The biotechnology companies segment is estimated to be the fastest
growing due to the growing awareness about the advantages of using
biotechnology techniques.
Regional Analysis
The market in the Americas is
expected to dominate the global cell harvesting market during the forecast
period owing to the presence of a well-developed healthcare sector, and growing
healthcare expenditure. For instance, according to the data published by the
Committee for a Responsible Federal Budget in May 2018, the US spent about USD
3.5 trillion, or 18% of its Gross Domestic Product (GDP), on health
expenditures, which accounted for more than twice the average among developed
countries in 2017. The European market is expected to be the
second-largest due to government funding and support of the healthcare sector.
For instance, according to the data published by the National Institute of
Health Funding (NIHR) in 2016, funding of EUR 928 million was announced for new
NIHR Biomedical Research Centers (BRC) and NIHR Clinical Research Facilities
(CRF) for five years starting from April 2017. Moreover, the market in
Asia-Pacific is anticipated to be the fastest-growing during the assessment
period owing to the presence of a huge patient population and continuously
developing economies. However, the Middle East and Africa has the least share
of the market.
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