The new report by Expert Market Research titled, ‘Global Primary Cells Market Trends, Report and Forecast 2023-2028’, gives an in-depth analysis of the global primary cells market, assessing the market based on its segments like origins, cell types, end-users, and major regions.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2018-2028)
- Historical Market Size (2020): USD 1 Billion
- Forecast CAGR (2023-2028): 11.5%
- Forecast Market Size (2026): USD 1.9 Billion
The global market for primarily cells is majorly driven by the rising cases of cancer and the resultant utilisation of primary human cells in various treatments like cell regeneration and cell therapies, among others. Since cancer is recognised as the leading cause of fatalities, governments, and private institutes all around the world are rapidly investing in advanced healthcare technologies for effective cancer treatment hence providing impetus to the market growth of primary cells. In addition to this, the use of human primary cells is progressively becoming a preferred choice for understanding the effects of cancer cells on human body, without being subjected to animal cells which is turn is further accelerating the growth of the market.
Industry Definition and Segmentation
Primary cells refer to cells taken directly from living tissues of animals or humans and are then processed to establish them for use in relevant cell therapies.
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On the basis of origin, the market can be segmented into:
- Animal Primary Cells
- Human Primary Cells
The market, based on cell type, can be categorised into:
- Dermatocytes
- Gastrointestinal Cells
- Heart Cells
- Hematopoietic Cells
- Hepatocytes
- Cryopreserved Hepatocytes
- Fresh Hepatocytes
- Lung Cells
- Musculoskeletal Cells
- Renal Cells
- Others
Based on end user, the market can be divided into:
- Life Science Research Companies
- Research Institutes
The regional markets for the industry can be categorised as follows:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Market Trends
The growth in the global market for primary cells can be attributed to the rising investments into research and development (R&D) programmes of various biotechnological and biopharmaceutical industries. The effective utilisation of primary human and animal cells for the development of vaccines against diseases like rabies, chickenpox, and polio among others is further aiding the market growth of primary cells globally.
The Primary Cells market provides investors and businesses with a wealth of high-quality data for analysis and informed decision making. Government statistics, reports on the industry, financial news, and market research firms are just a few of the many different kinds of sources of market data. Economic data, financial data, industry data, and consumer data are some of the most important types of data from the global Primary Cells market. However, in order to have a more complete understanding of the Primary Cells market, it is important to carefully evaluate the quality and dependability of the data sources and to use multiple sources of data.
Key Market Players
The major players in the market are Merck KGaA, Axol Bioscience Ltd., Cell Biologics, Inc., Lonza Group AG., and PromoCell GmbH, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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