(I-BusinessNews.Com, August 24, 2019 ) Meticulous ResearchÂ® Â leading global market research company published a research report titled ” Cell Isolation / Cell Separation Market by Product (Reagents, Beads, Media, Disposables, Centrifuge, Filtration System), Cell Type (Human, Animal), Technology (Filtration, Surface Marker), Application (Research, Therapeutics), End User- Global Forecast to 2024″. Factors such as increasing incidence & prevalence of chronic diseases with aging population, technological advancement in cell isolation, growing demand for biopharmaceuticals and personalized medicine, and increasing stem cell research are driving cell isolation/cell separation market. Moreover, Asian countries and growing use of microfluidics technology will provide high opportunities for this market in forecast period.
Key Players in the Cell Isolation/Cell Separation Market
Vendors are moving towards launching of new products along with technological advancement. For instance, in April 2018, Merck KGaA (Germany) launched CellStream benchtop flow cytometry system. This system provides greater sensitivity and allows scientists to tailor their instrument to their needs in immunology, cancer research and many other areas. Moreover, in 2016, QIAGEN N.V. launched QIAscout for isolation of viable single cells from samples for next-generation sequencing (NGS), polymerase chain reaction (PCR) and other downstream applications.
Thermo Fisher Scientific Inc. (U.S.), GE Healthcare (U.S.), Bio-Rad Laboratories Inc. (U.S.), Merck KGaA (Germany), Miltenyi Biotec (Germany), Becton, Dickinson and Company (U.S.), Beckman Coulter Inc. (U.S.), Terumo BCT, Inc. (U.S.), STEMCELL Technologies Inc. (Canada), pluriSelect Life Science UG & Co. KG (Germany), and Takara Bio Inc. (Japan) are some of the key players operating in this market.
1 Drivers –
1 Increasing Incidence & Prevalence of Chronic Diseases with Aging Population
2 Technological Advancement in Cell Isolation
3 Growing Demand for Biopharmaceuticals and Personalized Medicine
4 Increasing Stem Cell Research
1 Ethical Issues Regarding Isolation of Embryonic Stem Cells
2 High cost of Cell Separation Instruments
1 Emerging Opportunities from Asian Countries
2 Growing Use of Microfluidics Technology
1 Handling and Optimization of Protocol for in-vitro Study
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Increasing Stem Cell Research is Propelling the Growth of Market
According to National Institute of Health (NIH), in the U.S., around $1,273 million were spent in stem cell research in 2013 and further increased to $1,582 million in 2017. This growing stem cell research help to propel the cell-based research, thereby help in adoption of cell isolation/ separation consumables and instruments.
Cancer Research: One of the Major Applications in the Global Cell Isolation/Cell Separation Market
As per the data from Centers for Disease Control and Prevention (CDC), the number of deaths due to cancers was 575,000 in 2010 and is estimated to reach 630,000 in 2020 in the U.S. This is mainly due to unhealthy lifestyle, hereditary reason, and obesity. Early detection of cancer is one of the main targets among clinical applications. Thus, increasing number of cancer cases and deaths leads to rise in research for effective treatment, and thereby drive the global cell isolation/separation consumables and instruments market for research application.
Potential of Market
Stem cell based research is continuously growing by passing various hurdles. Moreover, researchers have been scaled back their use of animal models as these stem cells give better path for studying human diseases. The cell based diagnostic tool offers a more accurate representation of the real-life model than animal-based model. Also, it reduces the time span and expenses in drug discovery compared to animal-based diagnosis. Thus, their potential will lead to reshape the biological concepts and start to move them into clinic within next few years.
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