The report " Cell Isolation/Cell Separation Market by Product (Reagent, Media, Serum, Bead, Centrifuge), Cell Type (Human, Stem Cell, Animal), Technique (Filtration, Surface Marker), Application (Research, IVD) & End user (Hospital, Biotechnology) - Forecast to 2020"
Cell isolation/separation is an important part of cell culture or cell analysis, which is widely used in biological research. These cells are grown outside of their natural environment and can be controlled as well as manipulated for studying their behavior and development. Moreover, recent advancements in stem cell therapy, tissue engineering, and regenerative medicine have led to the organizations focus more on research, thus fostering the growth of cell isolation/cell separation market.
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The global cell isolation/cell separation market is expected to grow at a CAGR of 16.8% during the forecast period, reaching USD 6.3 Billion from USD 2.9 Billion between 2015 and 2020. Among regions, North America is the dominant market and is expected to continue leading the market over the forecast period, followed by Europe. However, Asia-Pacific is projected to grow at the highest CAGR, with China, Japan, Malaysia, and India being the key revenue pockets for this market.
On the basis of product, the consumables segment took up the largest share of the market in 2014. Whereas based on type, the stem cell isolation market is expected to register highest growth, thanks to the increasing government funding for stem cell research. Moreover, among techniques, the surface marker-based cell isolation segment is expected witness the highest CAGR over the forecast period, owing to the growing use of flow cytometers and magnetic-activated cell separators. Among end-users, the research laboratories and institutes segment held the largest market share in 2015, mainly due to the increased use if cell isolation products for stem-cell and cancer research.
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Drivers, Restraints, and Opportunities
The major factors responsible for the growth of the global cell isolation/cell separation market are:
- Increased usage of cell isolation for research activities related to cancer
- Growing biotechnology and biopharmaceutical industries
- Advancements in technology
- Rising cases of infectious diseases
- Growing aging population
- Increased government support and funding
Moreover, increasing stem cell research and the untapped Asian market have presented a number of growth opportunities for this market.
However, higher costs of instruments, unenthusiastic approach of researchers regarding the use of advanced cell isolation products, and issues regarding embryonic stem cell isolation are some of the restraining factors that may slow down the market growth. Moreover, need for better infrastructure for conducting cell-based research activities, especially in emerging markets is another major challenge for the growth of this market.
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