Grand View Research, Inc. - Market Research And Consulting. According to report published by Grand View Research, The global cell harvesting system market is expected to reach USD 10.17 billion by 2025. The increasing demand of stem cell–based therapies, owing to the growing base of aging population and increasing prevalence of chronic diseases, is one of the major factors contributing toward lucrative market growth.
The global cell harvesting system market is expected to reach USD 10.17 billion by 2025, according to a new report by Grand View Research, Inc. The increasing demand of stem cell–based therapies, owing to the growing base of aging population and increasing prevalence of chronic diseases, is one of the major factors contributing toward lucrative market growth.
Growing investment on stem cell research is one of the high impact rendering drivers contributing to the demand of stem cells, which thereby contributes to growth of cell harvesting system market. There has been a significant rise in stem cell transplantation rate globally, which is another major driver for increasing demand across the globe. Growth in autologous stem cell transplantation along with increasing stem cell banking is stimulating demand of cell harvesting system.
The potential use of stem cells in regenerative medicine, such as in case of cancer, trauma, congenital diseases, etc., is also one of the factors contributing to the demand for stem cells for research, thereby contributing toward growth of cell harvesting system market across the globe. The rising prevalence of certain diseases such as cancer is expected to drive the growth of this market over the forecast period.
Full Research Report On Cell Harvesting System Market Analysis:
www.grandviewresearch.com/industry-analysis/cell-harvesting-systems-market
Further Key Findings From the Report:
Umbilical cord, bone marrow, peripheral blood, adipose tissue, and other sources are the application segments analyzed in this study. Peripheral blood dominates the application market and is expected to do maintain its dominance over the forecast period.
Hospitals held the largest share in the end-use segment and is expected to hold the largest share over the forecast period, as majority of stem cell harvesting for transplantation and banking is done in hospitals. Rise in stem cell research is expected to contribute to the growth of stem cell harvesting in academic institutes and R&D centers.
North America and Europe dominated the cell harvesting system market owing to high rate of stem cell transplantation and research. Aging population and rising prevalence of cancer is further expected to contribute to the growth of the market in these regions.
Some of the key players are Argos Technologies, Inc.; Perkin Elmer, Inc.; Brand GmBh + CO KG; Arthrex, Inc.; Avita Medical; Tomtec; Terumo Corporation; Teleflex, Inc.; and Bertin Technologies.
Browse More Reports Of This Category By Grand View Research At:
www.grandviewresearch.com/industry/medical-imaging
Grand View Research has segmented the global cell harvesting system market on the basis of product, application, end use, and region:
Application Outlook (Revenue, USD Million, 2014 - 2025)
Umbilical Cord
Bone Marrow
Peripheral Blood
Adipose Tissue
Other Sources
End-use Outlook (Revenue, USD Million, 2014 - 2025)
Hospitals
Clinics
Academic institutes
R&D centers
Regional Outlook (Revenue, USD Million, 2014 - 2025)
North America
U.S.
Canada
Europe
Germany
U.K
Asia Pacific
China
Japan
Latin America
Brazil
Mexico
MEA
South Africa
Saudi Arabia
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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For more information: www.grandviewresearch.com/
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