Cell Isolation Industry Analysis, Top Players and Forecast Report 2030

NEW YORK - June 16, 2023 - PRLog -- According to a statement by P&S Intelligence, the cell isolation market was USD 9,845.7 million in 2022, and it will reach USD 34,746.3 million, progressing at a compound annual growth rate of 17.1%, by 2030.

The growth of the industry is attributed to the increasing requirement for biopharmaceuticals, rising research on personalized medicine, and growing government investment in cell-based research.

In 2022, the centrifugation category, based on technique, held the highest revenue share in the industry, at approximately 40%. This is credited to the fact that it is the most frequently adopted technique in biological sciences for microorganism/particle separation through a centrifuge.

Based on application, the biomolecule isolation category is expected to witness the fastest cell isolation market growth, advancing at a rate of approximately 20%, in the years to come. This is attributed to the growing attention of pharmaceutical businesses in developing biomolecule-based medicines because of their lesser side effects compared to small molecules.

In 2022, the North American industry accounted for the largest share, at approximately 40%. This is ascribed to the existence of numerous pharmaceutical and biotechnology businesses, academic institutes, research laboratories, and hospitals & diagnostic laboratories, which carry out widespread research that uses cell isolation consumables and instruments.

The manufacturers of cell isolation product are mainly concentrating on developing, distributing, and commercializing advanced products to meet the requirements of healthcare professionals and researchers.

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Furthermore, in 2022, the European industry accounted for the second-largest share of the cell isolation industry, and it is expected to observe lucrative growth in the years to come. This is attributed to the availability of enhanced products, skilled professionals, and the existence of a well-developed research infrastructure.

Moreover, the increasing requirement for advanced diagnostics and therapeutics products in the region is also a reason for boosting the growth of the industry. Furthermore, the less strict processes of product approval in this region will drive the growth of the industry.

It is because of the increasing requirement for biopharmaceuticals, rising government funding for cell-based research, and the surging research on personalized medicine, the global cell isolation industry will continue to grow significantly in the years to come.