Cell Harvesting Market Acquisitions, Expansion and Competitive Landscapes 2019
Cell harvesting is performed by separating the cell culture from the growing medium, involving techniques such as centrifugation, microfiltration, and depth filtration. It is estimated that the global cell harvesting market is expected to register a CAGR ~ 8.75% with an estimated market value of USD 209.5 million during the forecast period from 2018 to 2023.
Some of the key players in the global cell harvesting market 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.
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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.
Segmentation:
The global cell harvesting market has been segmented into product type, application, and end user.
The market, on the basis of product type,
- Manual Cell Harvesters
- 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
- Others
The market, by end user, has been segmented into
- Pharmaceutical Companies
- Biotechnology Companies
- Research Institutes
- Others
The pharmaceutical company’s 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
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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.
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