Cell Separation Technologies Market worth $3.82 billion by 2020

Press Release   •   Jan 05, 2018 04:45 EST

Cell separation tool is designed to separate cells accordingly to their properties. Cell separation plays a vital role in biological research. Cell separation technologies are widely used in disease diagnosis cellular research and cellular therapies. Cell separation reagent allows the isolation of any cell from any species.

Growing geriatric population coupled with rising prevalence of chronic diseases such as cancer are major driving factors for cell separation technologies market. Moreover, increasing government initiatives and technological advancement in the healthcare sectors is expected to have a positive impact on the cell separation technologies market. The emerging technologies in cell-based technology such as cell isolations, higher purity yield, time and cost-effectiveness are expected to propel the market growth in the years to come. However, the high cost of cell separation tools may hamper the market growth in the near future. Nonetheless, the noteworthy technological advancements over the decade and their adoption in the medical sector are expected to open up new growth avenues in the years to come.

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Separation based on surface markers and gradient centrifugation is the key technologies in the cell separation technology market. Separation based on surface marker technology also bifurcated into Fluorescence Activated Cell Sorting (FACS) and Magnetic Activated Cell Sorting (MACS). Separation based on surface marker technology dominated the global cell separation technology market owing to the faster results and accuracy level of results. Some of the key technologies such as gradient centrifugation techniques and FACS, chromatography sieving, panning, and lab on a chip are currently under development.

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On the basis of application, the global cell separation technologies market can be segmented into immunology, stem cell research, cancer research, and neuroscience research. The stem cell research segment was the leading segment and is expected to experience substantial growth within the forecast period. This growth is mainly attributed to strong demand for cell therapies and higher potential of stem cells in stem cell research segment. The cancer research was another key outlet for this market. This growth is mainly due to increasing incidences of cancer and other cell-based diseases worldwide.

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North America held the largest share of the cell separation technology market and is projected to witness the highest growth within the forecast period owing to high investments in the healthcare industry and surging R&D initiatives. Europe was the second largest regional market and is expected to show significant growth in the years to come. Rising awareness and demand for biologics and improvement in healthcare infrastructure is expected to boost the market demand in the near future in Europe. Asia Pacific cell separation technology market is expected to be the fastest-growing region in the years to come. Growth in this region will be mainly driven by factors such as rising aged population, coupled with the growing number of cancer patients.

Some of the key players in cell separation technologies market include EMD Millipore, Mitenyi Biotec GmbH, BD Bioscience, and STEMCELL Technologies, Terumo BCT, pluriSelect GmbH, and Thermo Fisher Scientific, Inc.

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