Tag Archives: Cell Expansion Market

Cell Expansion Market at a CAGR of 17.6%

According to the new market research report “Cell Expansion Market by Product (Reagent, Media, Flow Cytometer, Centrifuge, Bioreactor), Cell Type (human, animal), Application (Regenerative Medicine & Stem Cell Research, Cancer), End user (Research Institute, Cell Bank) – ****** Forecasts to 2021″, published by MarketsandMarkets™, the Cell Expansion Market is expected to grow from USD 8.34 Billion in 2016 to USD 18.76 Billion by 2021, at a CAGR of 17.6% between 2016 and 2021.

The major factors driving the growth of this market are increasing government funding for research, high prevalence of chronic diseases, rising company investments for the development of cell-based products, and growing number of GMP-certified production facilities.

Cell Expansion Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis to 2024

The ****** cell expansion market depicts a highly consolidated structure to exist in its vendor landscape, owing to the presence of a handful of players, says Transparency Market Research based on a recently published report. Leading players in the market are increasing the rate of investments, thereby cementing their position in the ****** cell expansion market. The companies are also carrying out extensive research-based activities to develop advanced cell expansion applications. In the next few years, most companies are expected to shift their focus to achieve product differentiation. Presence of a variety of services along with new players regularly making their foray in the market is expected to intensify the competition during the next few years.