Global Cell Expansion Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Cell Expansion Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Product (Consumables, Reagents, Media, & Serum, Disposables, and Instruments (Cell Expansion Supporting Equipment, Bioreactors, and Automated Cell Expansion Systems)), Cell Type (Human Cells, and Animal Cells)), Cell Type (Regenerative Medicine and Stem Cell Research, Cancer and Cell-Based Research, and Other Cell Types), End User (Biotechnology & Biopharmaceutical Companies, Research Institutes, and Others), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Cell Expansion Market was valued at USD 20,041.1 million in 2023 and is expected to reach USD 52,715.1 million by 2031 while growing at a CAGR of 12.9% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global cell expansion market growth. Cell expansion involves growing the cell count in a culture, crucial in regenerative medicine, cell therapies, and biotechnology. The aim is to amplify cells from a small sample, allowing for the production of sufficient quantities for therapeutic or research purposes.
Advancements in cell-based research and the growing demand for regenerative medicine are expected to drive the cell expansion market. However, obstacles like ethical and regulatory concerns, along with the high cost of cell expansion technologies, may hinder its growth.
Furthermore, the global cell expansion industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Product Analysis
The Global Cell Expansion Market is segmented among Consumables, Reagents, Media, & Serum, Disposables, and Instruments, based on Product. In 2023, Consumables accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Cell Type Analysis
The Global Cell Expansion Market is segmented among Human Cells, and Animal Cells, based on Cell Type. In 2023, Human Cells accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Cell Expansion Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Thermo Fisher Scientific, Inc., Becton, Dickinson and Company, Terumo BCT, Merck KGaA, Beckman Coulter Inc. (Subsidiary of Danaher Corporation), Miltenyi Biotec, Lonza Group LTD., Stemcell Technologies, Inc., GE Healthcare, and Takara Bio Inc.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Cell Expansion Market Dynamics
Drivers
Restraints
Opportunity
4. Global Cell Expansion Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Cell Expansion Market Segmentation, By Product
Global Cell Expansion Market Share Analysis, By Product
Global Cell Expansion Market Growth Analysis, By Product
Global Cell Expansion Market Trends, By Product
o Consumables
o Reagents, Media, & Serum
o Disposables
o Instruments
Ø Cell Expansion Supporting Equipment
Ø Bioreactors
Ø Automated Cell Expansion Systems
6. Global Cell Expansion Market Segmentation, By Cell Type
Global Cell Expansion Market Share Analysis, By Cell Type
Global Cell Expansion Market Growth Analysis, By Cell Type
Global Cell Expansion Market Trends, By Cell Type
o Human Cells
o Animal Cells
7. Global Cell Expansion Market Segmentation, By Application
Global Cell Expansion Market Share Analysis, By Application
Global Cell Expansion Market Growth Analysis, By Application
Global Cell Expansion Market Trends, By Application
o Regenerative Medicine and Stem Cell Research
o Cancer and Cell-Based Research
o Other Applications
8. Global Cell Expansion Market Segmentation, By End User
Global Cell Expansion Market Share Analysis, By End User
Global Cell Expansion Market Growth Analysis, By End User
Global Cell Expansion Market Trends, By End User
o Biotechnology & Biopharmaceutical Companies
o Research Institutes
o Others
9. Global Cell Expansion Market Segmentation, By Region
Global Cell Expansion Market Share Analysis, By Region
Global Cell Expansion Market Growth Analysis, By Region
Global Cell Expansion Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
10. Competitive Landscape
Thermo Fisher Scientific, Inc.*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Becton, Dickinson and Company
Terumo BCT
Merck KGaA
Beckman Coulter Inc. (Subsidiary of Danaher Corporation)
Miltenyi Biotec
Lonza Group LTD.
Stemcell Technologies, Inc.
GE Healthcare
Takara Bio Inc.
*Similar analysis will be provided for each company listed above.
