Cell Isolation/Cell Separation Market worth $5.1 Billion by 2019 - New Research Report by MarketsandMarkets
(PRWEB) November 29, 2014 -- The report “Cell Isolation/Cell Separation Market by Product (Reagent, Media, Bead, centrifuge), Cell Type (human, stem cell, animal), Technique (Filtration, Surface Marker), Application (Research, IVD) & by End user (Hospital, Biotechnology) - Forecast to 2019” provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends, and strategies impacting the cell isolation market along with the estimates and forecasts of the revenue and share analysis.
Browse 194 market data tables and 53 figures spread through 211 pages and in-depth TOC on “Cell Isolation/Cell Separation Market”
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The global cell isolation market is expected to reach $5.1 billion by 2019 from $2.5 billion in 2014, growing at a CAGR of 15.8% from 2014 to 2019.
The cell isolation market across the globe is witnessing high growth due to factors such as increasing usage of cell isolation in cancer research, expanding biotechnology and biopharmaceutical industries, technological advancements, high prevalence of infectious dieses, increasing aging population, and growth in government investments. Key players are focusing on providing innovative products which will lead to effective cell isolation, in less time. With this view, companies are focusing on partnerships, collaborations, new product launches, and acquisitions to attain a leadership position in the market.
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The cell isolation instruments market includes centrifuges, flow cytometers, filtration systems, magnetic activate cell separators, incubators, and microscopes. Among all these instruments, magnetic activate cell separators showcases a lucrative growth potential and represents a new revenue generating pocket for the cell isolation market. High growth in this market is attributed to increasing usage of magnetic activated cell separators for production of personalized medicine, stem cell and cancer research. Increasing government support for stem cell research in terms of grants and funding will enable research laboratories to opt for advanced products such as magnetic activated cell separators for effective cell isolation, which is another major reason for growth of this market.
The cell isolation market, by cell type is segmented into human cells and animal cells. The human cell isolation market is further segmented into stem cell isolation and differentiated cell isolation. The stem cell isolation market is poised to witness the highest growth rate in the cell isolation market, by cell type and represents a new revenue pocket for the cell isolation market. The high growth in this market is attributed to increasing government support for stem cell research globally. For instance, in 2013, National Institutes of Health (NIH) provided a funding of $1,343.6 million for stem cell research.
In the coming five years, growth in the cell isolation market is likely to be centered at the Asian region. The growth in this region can be attributed to the rising number of Chinese Government investments in the life science sector. Furthermore, increasing focus of prominent players in the Asian market is another factor driving the growth of this market. For instance, in August 2013, Beckman Coulter Life Sciences acquired the flow cytometry business assets of ReaMetrix India Pvt. Ltd., which enabled the company to expand its presence in the Asian market. Moreover, various conferences are being organized by Asian countries. For instance, in September 2013, the International Conference on Separation Technology (ICoST) was held in Malaysia. The conference focused on separation processes and technologies such as membrane technology, advance separation technology, and extraction technology. These conferences offer opportunities to scientists and researchers to exchange their experiences and build research relations.
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Major players in the cell isolation market are Miltenyi Biotec (Germany), Danaher Corporation (U.S.), GE Healthcare (U.K.), pluriSelect (U.S.), Sigma-Aldrich Corporation (U.S.), STEMCELL Technologies (Canada), TBD Biosciences (U.S.), Terumo BCT (U.S.), Merck Millipore (U.S.), and Thermo Fisher Scientific, Inc. (U.S.).
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