PUBLISHER: SkyQuest | PRODUCT CODE: 1427218
PUBLISHER: SkyQuest | PRODUCT CODE: 1427218
Global Cell Expansion Market size was valued at USD 25.21 billion in 2022 and is poised to grow from USD 27.60 billion in 2023 to USD 57.06 billion by 2031, growing at a CAGR of 9.5% during the forecast period (2024-2031).
One of the key drivers in the market stems from the increasing adoption of automated solutions in cell expansion applications, particularly in gene treatments, cell therapy products (CTP), and other biologics, resulting in cost and labor savings while enhancing procedural reliability. The shift towards Single-Use Systems (SUS) in CTP manufacturing brings significant production advantages by eliminating risks of cross-contamination and culture contamination due to inadequate sterilization, leading to long-term cost reductions and enabling the production of CTP with higher cell densities. This surge in SUS adoption stimulates the development of CTP, further propelling market expansion. Concurrently, the life sciences sector experiences a rising interest in cellular therapies, driven by augmented funding from commercial and public entities, along with their initiatives to foster cellular therapy advancements. Entities like the International Society for Stem Cell Research actively seek funding opportunities for stem cell-related research applications, anticipating substantial financial success for the market fueled by technological advancements and product innovations in cell expansion. However, a potential obstacle to market progression may arise from the scarcity of advanced instrumentation and 3D cell expansion technology.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Cell Expansion Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Cell Expansion Market Segmental Analysis
Global Cell Expansion Market is segmented on the basis of product, end use, cell type and region. By product, the market is segmented into consumables, culture flasks & accessories, instruments. By end use, market is segmented into biopharmaceuticals, research institutions, cell banks, others. By cell type, the market is segmented into mammalian, microbial, others. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Drivers of the Global Cell Expansion Market
The ongoing progress in genetic engineering, notably exemplified by CRISPR/Cas9, has streamlined the creation of superior cell lines tailored for efficient protein expression. These cutting-edge tools empower exact adjustments to cell genomes, enhancing protein yields, refining cellular processes, and elevating product standards. The existence of meticulously characterized and exceptionally productive cell lines significantly bolsters the expansion of the cell expression sector.
Restraints in the Global Cell Expansion Market
The creation of cell lines for expression systems frequently relies on animal or human-derived cells, leading to ethical dilemmas. Concerns over animal rights, ethically sourcing human cells, and the use of embryonic stem cells can constrain the accessibility and acceptance of specific cell lines. These ethical considerations have the potential to impede advancement and narrow the options for cell expression systems.
Market Trends of the Global Cell Expansion Market
Researchers and scientists are actively investigating and advancing innovative expression systems as a means to address the constraints posed by conventional platforms. Notably, there is a growing interest in cell-free expression systems such as cell-free protein synthesis (CFPS), which offer the advantage of protein production without reliance on intact cells. Furthermore, synthetic biology techniques are being utilized to enhance expression capacities and optimize protein production efficiency in engineered cell lines.