Increasing incidence of chronic and rare diseases such as cancer is driving revenue growth of cell expansion market. Increased investment by the governments of various countries in research and a growing number of GMP-certified production facilities is expected to contribute to growth of the market. Adoption of regenerative medicines and growing incidence of cancer are some of the driving factors of the cell expansion market. Cell expansion is used in drug testing and development of cell-based therapy and cancer tissues. High cost of cell-based research and stringent regulations are hindering growth of cell expansion market.

Analysts employ Porter’s five forces analysis, SWOT analysis, and PESTLE analysis to decipher the course that key vendors will prefer in the coming years. The research report also provides the financial footing of the vendors, market growth strategies, along with the expansion plans of businesses in the coming years. Industry experts have verified all information encompassed in the global cell expansion market research report.

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The report is updated with the latest economic scenario and market scope with regard to the ongoing COVID-19 pandemic. The report covers growth prospects as well as current and futuristic revenue estimations in a post COVID scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market.

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Leading Companies of the Cell Expansion Industry and Profiled in the Report are:

Danaher Corporation, Thermo Fisher Scientific, Inc., Corning Incorporated, Lonza, Merck KGAA, Terumo Corporation, Stemcell Technologies, Inc., Cellexus, Becton, Dickinson and Company, and Himedia Laboratories.

For the purpose of this report, Emergen Research has segmented global cell expansion market based on product, cell type, application, end-user, and region:

• Product Outlook (Revenue, USD Million; 2017–2027)
  • Consumables
    1. Reagents
    2. Media
    3. Sera
    4. Disposables
  • Instruments
    1. Cell Expansion Supporting Equipment
       1. Flow Cytometers
       2. Centrifuges
       3. Cell Counters
       4. Other Supporting Equipment
  • Bioreactors
    1. Microcarrier Bioreactors
       1. Microcarrier-based anchorage-dependent bioreactors
       2. Suspension-based anchorage-independent bioreactors
       3. Perfusion/Hollow Fiber Bioreactors
       4. Automated Cell Expansion Systems

• Cell Type Outlook (Revenue, USD Million; 2017–2027)
  • Mammalian
    1. Human
       • Stem Cells
         1. Adult Stem Cells
         2. Induced Pluripotent Stem Cells
         3. Embryonic Stem Cells
       • Differentiated Cells
    2. Animal
  • Microbial

• Application Outlook (Revenue, USD Million; 2017–2027)
  • Regenerative Medicine and Stem Cell Research
  • Cancer and Cell-based Research
  • Other (clinical studies, toxicology studies)

• End-User Outlook (Revenue, USD Million; 2017–2027)
  • Research Institutes
  • Biotechnology and Biopharmaceutical Companies
  • Cell Banks
  • Other End Users (hospitals and diagnostic laboratories)

Regional Analysis:

The report sheds light on the region expected to dominate the Cell Expansion market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the Cell Expansion market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region.

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