Overview:

For this study, secondary and primary research were used to estimate the market's size and future potential for cell isolation. A thorough investigation was conducted using secondary research methods to gather data about the market, its parent markets, and its peer markets.

The next stage involved conducting primary research to confirm these conclusions and hypotheses with industry experts from all points along the value chain. To estimate the market size of segments and subsegments, the top-down and alternative approaches' estimates of the market were triangulated. Forecasts for market growth were created by formulating hypotheses based on supply-side and demand-side experts' input, industry drivers, and revenue growth and significant developments from significant market players.

Global Growth Driving Factors:

The market is expanding due to factors like the rise in cell-based research and the growing emphasis on personalized medicine. However, the main things impeding the growth of this market are high cost, safety concerns, and ethical considerations.

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Revenue Growth Dynamics:

According to revenue estimates, the global cell isolation market will be valued $4.4 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 13.4% from 2023 to 2028, when it reaches $8.2 billion.

Cell Isolation Market Size Estimation:

The entire market size for cell isolation was estimated and validated using a top-down methodology. Additionally, this approach was widely used to calculate the market's subsegment sizes. The following is a list of the research methods utilized to determine the market size:

# The key players in the industry and market have been identified through extensive secondary research
# The revenues generated from the cell isolation products business of leading players have been determined through primary and secondary research
# All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources

Data Triangulation:

Following the completion of the market size estimation process, the entire market was divided into a number of segments and sub-segments. Data triangulation and market breakdown procedures were used when appropriate to finish the overall market engineering process and yield precise statistics for all segments and subsegments. Through an analysis of numerous variables and patterns from the supply and demand sides, the data was triangulated.

Opportunity: Growth opportunities in emerging markets

The biopharmaceutical sector is expanding quickly in emerging nations like China, India, and Brazil. This is caused by a number of factors, including rising healthcare costs, an aging population, and an increase in chronic illnesses. The need for cell isolation technologies is driving the development and manufacturing of biopharmaceuticals, as these markets see an increase in demand for these products. Furthermore, emerging markets are funding the creation and uptake of cutting-edge technologies like flow cytometry, magnetic cell separation, and microfluidics. As a result, cell isolation procedures are becoming more accurate and efficient, and these technologies are becoming more widely available and reasonably priced in these markets. Additionally, there is a growing trend in emerging markets for R&D activities.

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Geographical Growth Dynamics:

Throughout the projection period, Asia-Pacific is anticipated to grow at a double-digit rate.

The growing number of hospitals in Asian nations and the growing geriatric population are the primary reasons behind the cell isolation market's predicted highest compound annual growth rate (CAGR) in the Asia Pacific region during the projected period. Furthermore, the market is anticipated to grow as chronic illnesses rise in these countries. Additionally, the region's rising rate of infectious diseases is drawing in a number of foreign investors to the market. The APAC region's governments encourage research in a number of ways, including by providing funding for research institutes and tax breaks to biotech and life sciences businesses. In order to support this research, there is now a greater need for cell isolation technologies.

Global Leading Companies Operating in This Industry:

Some of the prominent players in the cell isolation market are Danaher Corporation (US), Merck KGaA (Germany), Thermo Fisher Scientific, Inc. (US), Becton, Dickinson and Company (US), Terumo Corporation (Japan), Agilent Technologies, Inc. (US), Bio-Rad Laboratories, Inc. (US), Corning Incorporated (US), F. Hoffmann-La Roche Ltd. (Switzerland), Miltenyi Biotec (Germany), STEMCELL Technologies (Canada), Alfa Laval (Sweden), Sartorius AG (Germany), Akadeum Life Sciences (US), Bio-Techne (US), PerkinElmer Inc. (US), Invent Biotechnologies, Inc. (US), Takara Bio, Inc. (Japan), MiCareo Inc. (US), Proteintech Group, Inc. (US), QIAGEN (Germany), Lonza (Switzerland), Promega Corporation (US), PluriSelect Life Science UG (Haftungsbeschränkt) & Co. KG (Germany), and MagBio Genomics (US).

Recent Developments of Cell Isolation Industry:

# In October 2022, Thermo Fisher Scientific, Inc. launched DynaCellect, a next-generation cell isolation, cell activation, cell depletion instrument. It also launched the Dynabeads magnetic beads removal instrument to optimize the cell therapy manufacturing process.

# In June 2022, Terumo BCT and GenCure collaborated to advance cell and gene therapy manufacturing solutions.

# In May 2022, Terumo BCT inaugurated its second manufacturing facility in Colorado.

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