Global Cell Harvesting Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Product;

Manual Cell Harvesters and Automated Cell Harvesters.

By Application;

Biopharmaceutical, Stem Cell Research and Others.

By End User;

Biotechnology & Biopharmaceutical Companies, Research Institutes, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn128114392 Published Date: November, 2024 Updated Date: December, 2024

Introduction

Global Cell Harvesting Market (USD Million), 2020 - 2030

In the year 2023, the Global Cell Harvesting Market was valued at USD 898.08 million. The size of this market is expected to increase to USD 1,416.84 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 6.7%.

According to a study published in Molecular Biomedical in February 2022, mesenchymal stem cells have demonstrated promising outcomes in clinical trials for treating COVID-19 by modulating the immune system. This increased adoption of stem cells in COVID-19 treatment significantly impacted market growth during the pandemic. With the easing of restrictions and resumption of company activities, the market is expected to witness growth over the forecast period.

The market is anticipated to expand due to factors such as increased investments in regenerative medicines and cell-based research. The growing incidence of chronic and infectious diseases, coupled with the expansion of the biotechnology and biopharmaceutical industries, is expected to drive market growth. Government initiatives aimed at accelerating research and development in regenerative medicine, such as Parvati and allocated, are also expected to boost demand for cell harvesters, thus augmenting market growth.

Government initiatives globally, such as the Stem Cell Therapies (SCT) Mission in Australia, which invested USD 150 million in March 2022 to develop innovative stem cell therapies, further support market expansion. Additionally, the rising incidence of chronic and infectious diseases, as highlighted by statistics from organizations like the Alzheimer's Association and BHS England Factsheet, underscores the need for effective biotechnology-based products and regenerative medicines, driving demand for cell harvesters.

The market is propelled by ongoing advancements and product launches by companies, which enhance the availability of advanced cell harvesting systems. For instance, in June 2022, researchers from the University of Technology Sydney collaborated with Regeneus to develop the first 3D-printed microfluidic stem cell harvesting system. Ethical concerns surrounding embryonic stem cell research may pose challenges to market growth over the forecast period.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Application
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Global Cell Harvesting Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growth of Cell-Based Therapies
        2. Expansion of Regenerative Medicine
        3. Biomanufacturing Advancements
    2. Restraints
      1. Complexity of Techniques
      2. High Cost of Equipment and Consumables
      3. Ethical Considerations for Primary Cell Sources
    3. Opportunities
      1. Emerging Cell Sources
      2. Development of Novel Harvesting Technologies
      3. Growing Focus on Closed-Loop Systems
    4. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    5. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Cell Harvesting Market, By Product, 2020 - 2030 (USD Million)
      1. Manual Cell Harvesters
      2. Automated Cell Harvesters
    2. Global Cell Harvesting Market, By Application, 2020 - 2030 (USD Million)
      1. Biopharmaceutical
      2. Stem Cell Research
      3. Others
    3. Global Cell Harvesting Market, By End User, 2020 - 2030 (USD Million)
      1. Biotechnology & Biopharmaceutical Companies
      2. Research Institutes
      3. Others
    4. Global Cell Harvesting Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. PerkinElmer
      2. Brandel
      3. TOMTEC
      4. Cox Scientific
      5. Connectorate
      6. Scinomix
      7. ADSTEC
      8. Terumo BCT
  7. Analyst Views
  8. Future Outlook of the Market