Cell Separation Industry Overview
The global cell separation market size is expected to reach USD 25.8 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 18.8% from 2021 to 2028. Growing focus on biomolecule and cancer research, and rising incidence of chronic and infectious diseases, including the outbreak of COVID-19, are major factors contributing towards the growth of the market. Cell separation products are widely used by researchers and healthcare professionals for the development and production of novel therapies such as gene therapies and regenerative medicines.
Cell Separation Market Segmentation
Grand View Research has segmented the global cell separation market on the basis of product, cell type, technique, application, end use, and region:
Based on the Product Insights, the market is segmented into consumables, instruments.
- In 2020, the consumables segment dominated the market for cell separation and accounted for the largest revenue share of 62.3%. This segment held the largest market share due to repeated purchases of consumables.
- This segment held the largest market share due to repeated purchases of consumables. In addition, rising investments in R&D by biotechnology and biopharmaceutical companies for the development of advanced biologics including monoclonal antibodies and vaccines are also driving the segment.
- The instruments segment is estimated to exhibit a lucrative growth rate during the forecast period, due to product advancements.
Based on the Cell Type Insights, the market is segmented into human, animal.
- The human cell segment dominated the market for cell separation and held the largest revenue share of 44.8% in 2020.
- The animal cells segment is anticipated to exhibit a lucrative growth rate during the forecast period. The growing focus of government, private, and healthcare companies on new drug discoveries and development is a key factor driving the segment growth.
Based on the Technique Insights, the market is segmented into centrifugation, surface marker, filtration.
- The centrifugation segment dominated the market for cell separation and held the largest revenue share of 42.7% in 2020.
- The surface marker and filtration segments are expected to witness significant growth in the near future. Rising investments in manufacturing infrastructure by companies and product advancements are prime factors supporting the growth of this segment.
Based on the Application Insights, the market is segmented into biomolecule isolation, cancer research, stem cell research, tissue regeneration, in vitro diagnostics, therapeutics.
- The instruments segment is estimated to exhibit a lucrative growth rate during the forecast period, due to product advancements.
- The cancer research and stem cell research segments are projected to exhibit lucrative growth over the study period.
Based on the End-use Insights, the market is segmented into research laboratories and institutes, hospitals and diagnostic laboratories, cell banks, biotechnology and biopharmaceutical companies.
- The research laboratories and institutes segment accounted for the largest revenue share of 43.9% in 2020 and is expected to hold its position throughout the study period.
- For instance, in April 2017, the New York Stem Cell Foundation (NYSCF) opened a new Research Institute in Manhattan, which is focused on conducting the most advanced stem cell research.
- The biotechnology and pharmaceutical companies segment exhibited significant growth over the forecast period due to increasing R&D investment by these companies for the development of new products.
Cell Separation Regional Outlook
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa (MEA)
Key Companies Profile & Market Share Insights
Key players are engaged in organic and inorganic growth strategies such as product development, collaborations, partnerships, mergers, and acquisitions to garner high market share.
Some prominent players in the global Cell Separation market include
- Thermo Fisher Scientific, Inc.
- Becton, Dickinson and Company
- Danaher
- Beckman Coulter, Inc.
- Cytiva
- Terumo Corporation
- STEMCELL Technologies Inc.
- Bio-Rad Laboratories, Inc.
- Merck KGaA
Order a free sample PDF of the Cell Separation Market Intelligence Study, published by Grand View Research.
About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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