Westford, USA, Aug. 09, 2023 (GLOBE NEWSWIRE) -- According to SkyQuest, the increasing investments in biotechnology and life sciences are anticipated to play a substantial role in driving the cell isolation/cell separation market’s growth. These investments are expected to fuel the demand for cell isolation products and services and drive advancements in cell isolation technology. Furthermore, ongoing biotechnology and life sciences studies aim to enhance cell isolation techniques further with a focus on research and development activities.
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- Pages - 157
- Tables - 176
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Cord blood stem cells have gained significant importance in the treatment of various diseases and disorders, including cancer, slipped intervertebral discs, dementia, neurodegenerative diseases, diabetes, cardiac infarction, stroke, and arthritis. In addition, the absence of specific treatment options for complex diseases such as cancer and diabetes has intensified the need for innovative and improved treatment methods in the cell isolation/cell separation market.
Prominent Players in the Cell Isolation/Cell Separation Market
- LyondellBasell Industries Holdings B.V.
- ExxonMobil Corporation
- Dow Chemical Company
- SABIC
- Ineos Group AG
- Chevron Phillips Chemical Company LLC
- Borealis AG
- Braskem S.A.
- Reliance Industries Limited
- Formosa Plastics Corporation
- Total S.A.
- Mitsui Chemicals, Inc.
- Westlake Chemical Corporation
- Nova Chemicals Corporation
- Lotte Chemical Corporation
- Sinopec Limited
- Basell Polyolefine GmbH
- Thai Polyethylene Co., Ltd.
- China National Chemical Corporation
- Haldia Petrochemicals Limited
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Instruments Segment is Expected to Grow the Market Due to Rising Improvements in Product Offerings
Instruments segment is predicted to exhibit a high CAGR during the forecast period in the cell isolation/cell separation market, primarily driven by continuous product improvement. Technological advancements in cell separation and isolation devices have facilitated more effective and precise procedures in research, diagnostics, and therapies. These innovations have enabled researchers and healthcare professionals to achieve enhanced outcomes and improve the overall efficiency of cell separation processes.
The markets in North America emerged as the leading region in the cell isolation/cell separation market, capturing the largest share. The growth of this segment can be attributed to several factors. Firstly, the region has witnessed significant technological advancements, particularly in healthcare.
Consumables Segment is Expected to Dominate the Market Due to the Rising Development of Technologically Advanced Products
Consumables segment emerged as the leading sector in the global cell isolation/cell separation market in 2022. This dominance can be attributed to several factors, including market players' continuous development of technologically advanced products. In addition, the consumables category, which includes reagents, kits, and disposables, holds an advantage over instruments owing to their repetitive use.
Regional markets in the Asia Pacific are poised to experience substantial growth in the cell isolation/cell separation market, primarily driven by the expanding pharmaceutical and biotechnology industries in emerging economies such as China and India. In addition, these countries have witnessed significant advancements in research and development activities, leading to increased demand for innovative cell separation technologies.
A comprehensive analysis of the major players in the cell isolation/cell separation market has been recently conducted in a report. The report encompasses various aspects, including collaborations, mergers, innovative business policies, and strategies, providing valuable insights into key trends and breakthroughs in the market. Furthermore, the report scrutinizes the market share of the top segments and presents a detailed geographic analysis. Lastly, the report highlights the major players in the industry and their endeavours to develop innovative solutions to cater to the growing demand.
Key Developments in Cell Isolation/Cell Separation Market
- Thermo Fisher Scientific Inc., a renowned global provider of scientific services, made a significant breakthrough in the market in 2022. The company introduced the GibcoTM CTSTM DynaCellectTM Magnetic Separation System (DynaCellect), aiming to streamline the transition from the process and clinical development to commercial manufacturing for cell therapy companies.
- Akadeum Life Sciences, based in Ann Arbor achieved a significant milestone by being awarded a patent for its innovative buoyancy-based cell sorting (BACS) technologies in 2022. This novel approach uses microbubbles to separate specific cell groups from biological fluid samples effectively.
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Key Questions Answered in Cell Isolation/Cell Separation Market Report
- What specific growth drivers are projected to impact the market during the forecast period?
- List the top companies in the market and explain how they have achieved their positions of influence.
- In what ways do regional trends and patterns differ within the global market, and how these differences shape the market's future growth?
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