Cell Expansion Market, By Product (Consumables and Instruments), By Cell Type (Human Cells and Animal Cells), By Application (Regenerative Medicine & Stem Cell Research, Cancer & Cell-based Research, and Other Applications), By End-user (Biopharmaceutical & Biotechnology Companies, Research Institutes, Cell Banks, and Other End Users), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis, and Forecast till 2029

Report Code: PMI438920 | Publish Date: March 2024 | No. of Pages: 165

Global Cell Expansion Market Overview

Cell culturing is regulated process and requires controlled environmental conditions for the growth of the cells such as regulated gas content, ambient temperature, monitored flow rates, pH, agitation of cells, and controlled circulation of cells. Cell expansion bioreactors can be utilized for multiple applications such as clinical research, process development, and translational research. The introduction of cell expansion bioreactors does not require regular cleaning or sterilization and is time-efficient. The benefits of using cell expansion systems in biotechnology, pharmaceutical, or research institutes are that these systems are highly reliable. It also ensures that the mixing and aeration of cell culture are appropriate. The system for cell expansion includes a base unit, pump, gas mixture, temperature-controlled unit, communication, data storage, weight measurement, environment controlled unit and installed software. The global cell expansion market accounted for US$ 14.5 billion in 2020 and is estimated to be US$ 59.8 billion by 2029 and is anticipated to register a CAGR of 17.0%.

Impact of COVID-19 on the market

A substantial number of major biotech organizations are in the midst of a race to examine the Sars-Cov-2 genome and prepare a viable vaccine for the same. Biopharmaceutical reformers are at the forefront of the human response to the coronavirus epidemic. As related to the speed of response to SARS/MERs etc., the biotech entities are investigating SARs-Cov-2 at an unprecedented rate and a significant amount of funds are being put into the R&D. With several candidates in the trial, the public and private sectors are expected to work in unison for the estimative period, until a vaccine is developed for Covid-19. This report will quantify the impact of this pandemic on the cell expansion market.

Global Cell Expansion Market Dynamics

Rising incidence of chronic diseases

Cell expansion is used in the production of drugs, vaccines, therapeutics, and antibiotics for the treatment of diseases. The increasing incidence of diseases such as diabetes and cancer has led to a demand for widespread research to develop new treatment opportunities. As per data published by the International Diabetes Federation (IDF), about 425 million people had diabetes in 2017, and this number is projected to reach 629 million by 2045. Cancer, which has become the foremost cause of death across the globe, estimated for 9.6 million deaths in 2018. Moreover, the growth in the prevalence of these diseases has demanded the need to conduct extensive research for their diagnosis and treatment. Cell expansion methods form an important part of this research.

Ethical concerns regarding research in cell biology

Research in cell biology requires the use of animals and humans. These cells are also used for pharmacokinetic testing and in vivo toxicity of drugs might harm animals and humans. Stem cell research studies use human embryos for clinical claims that frequently lead to the destruction of human embryos. To monitor these research studies, ethical authorities have formulated strict regulations formulated in numerous countries across the world. Authorities such as the Human Fertilization and Embryology Authority (HFEA), Human Tissue Authority (HTA), Central Ethics Committee for Stem Cell Research (ZES), and Medicines and Healthcare products Regulatory Agency (MHRA), among others, have employed stringent regulations for cell biology research. These restrictions and ethical concerns on the use of cells for research are hampering the cell biology research in various countries globally to a great extent. This, in turn, is projected to limit the growth of the target market globally.

Global Cell Expansion Market Segmentation

The cell expansion market is segmented based on the product, cell type, application, end-user, and region.

On the basis of the product, the cell expansion market is segmented into consumables and instruments. Based on the cell type, the target market is segmented into human cells and animal cells. Based on the application, the target market is classified into regenerative medicine & stem cell research, cancer & cell-based research, and other applications. Based on the end-user, the target market is classified into biopharmaceutical & biotechnology companies, research institutes, cell banks, and other end users.

In the region, the cell expansion market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America estimated for the maximum share of 43.1% in 2019. The region will maintain its dominating position over the forecast period, owing to the growth in funding initiatives by the government agencies, which has driven the manufacture of stem cells and the development of regenerative medicine and cellular therapy products. In October 2019, the FDA and the Medical Technology Enterprise Consortium (MTEC) together provided funding of US$ 5.3 million to the Southwest Research Institute (SwRI) (U.S.). Asia Pacific is projected to register the fastest growth in the coming years due to rising efforts laid down by multiple local pharmaceutical and biotechnology companies to develop and commercialize their cellular therapies. In July 2019, an Indian company, Stempeutics Research Pvt. Ltd., signed an alliance with Kemwell Biopharma for the commercialization of its stem cell-based product, Stempeucel. Such agreements are projected to fuel product sales of small- and mid-scale companies.

Attribute

Details

The base year for estimation

2020

Forecast period

2020 – 2029

Market representation

Revenue in USD Million & CAGR from 2020 – 2029

Market Segmentation

By Product - Consumables and Instruments

By Cell Type - Human Cells and Animal Cells

By Application - Regenerative Medicine & Stem Cell Research, Cancer & Cell-based Research, and Other Applications

By End-user - Biopharmaceutical & Biotechnology Companies, Research Institutes, Cell Banks, and Other End Users

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at , regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2029.  For the purpose of this study, has segmented the cell expansion market report based on product, cell type, application, end-user, and region.

Cell Expansion Market, By Product:

  • Consumables
  • Instruments

 Cell Expansion Market, By Cell Type:

  • Human Cells
  • Animal Cells

Cell Expansion Market, By Application:

  • Regenerative Medicine and Stem Cell Research
  • Cancer and Cell-based Research
  • Other Applications

Cell Expansion Market, By End-user:

  • Biopharmaceutical and Biotechnology Companies
  • Research Institutes
  • Cell Banks
  • Other End Users

Cell Expansion Market, By Region:

      • North America
          • U.S.
          • Canada
      • Europe
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Global Cell Expansion Market Key Players

The key players operating in the cell expansion market include Thermo Fisher Scientific, Inc., GE Healthcare, Corning, Inc., Merck KGaA, Sartorius AG, STEMCELL Technologies, Inc., Miltenyi Biotec, Becton, Dickinson and Company, Terumo Bct, Inc., and Takara Bio, Inc. Key market participants are adopting various initiatives to expand their market presence and maintain an economical edge in the space. Additionally, they are involved in product development, agreements, collaboration & partnership models, and business expansion strategies in untapped regions. For instance, in 2020, Applikon Biotechnology entered into a partnership with Sotelab to expand its presence in the advanced cultivation systems market in South America.

Global Cell Expansion Market Key Issues Addressed

Key Issues Addressed

Global Cell Expansion Market Company Profile

  • Thermo Fisher Scientific, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Overview
    • Business Strategies
  • JOYCE CR
  • Arkadin Cloud Communications
  • S.R.O.
  • Logitech International S.A.
  • Microsoft Corporation
  • Orange Business Products
  • Vidyo, Inc.
  • West Unified Communications Products
  • ZTE Corporation

“*” marked represents similar segmentation in other categories in the respective section

Global Cell Expansion Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for Cell Expansion Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Product Type
      • Market Snippet, By Cell Type
      • Market Snippet, By Application
      • Market Snippet, By End-user
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Global Cell Expansion Market, By Product Type, 2020 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2029
      • Y-o-Y Growth Analysis (%), 2020 – 2029
      • Segment Trends
    • Consumables
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Instruments
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
  6. Global Cell Expansion Market, By Cell Type, 2020 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2029
      • Y-o-Y Growth Analysis (%), 2020 – 2029
      • Segment Trends
    • Human Cells
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Animal Cells
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
  7. Global Cell Expansion Market, By Application, 2020 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2029
      • Y-o-Y Growth Analysis (%), 2020 – 2029
      • Segment Trends
    • Regenerative Medicine & Stem Cell Research
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Cancer & Cell-based Research
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Other Applications
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
  8. Global Cell Expansion Market, By End-user, 2020 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2029
      • Y-o-Y Growth Analysis (%), 2020 – 2029
      • Segment Trends
    • Biopharmaceutical & Biotechnology Companies
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Research Institutes
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Cell Banks
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Other End Users
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
  9. Global Cell Expansion Market, By Region, 2020 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2029
      • Y-o-Y Growth Analysis (%), 2020 – 2029
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Product Type, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Cell Type, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By End-user, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Product Type, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Cell Type, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By End-user, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Product Type, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Cell Type, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By End-user, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Product Type, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Cell Type, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By End-user, 2020 – 2029
      • Market Size  and Forecast (US$ Mn), By Country, 2020 – 2029
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Product Type, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Cell Type, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By End-user, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  10. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  11. Company Profiles
      • Thermo Fisher Scientific, Inc.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategies
      • JOYCE CR
      • Arkadin Cloud Communications
      • S.R.O.
      • Logitech International S.A.
      • Microsoft Corporation
      • Orange Business Products
      • Vidyo, Inc.
      • West Unified Communications Products
      • ZTE Corporation
  12. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The global cell expansion market is segmented based on product, cell type, application, end-user, and region.

Rising incidence of chronic diseases is positively influencing the global cell expansion market

North America estimated the maximum share of 43.1% in 2019 owing to the growth in funding initiatives by the government agencies.

Key market participants are adopting various initiatives to expand their market presence and maintain an economical edge in the space.