New York, United States, July 03, 2024 (GLOBE NEWSWIRE) -- The Global Live Cell Encapsulation Market Size is to Grow from USD 225.10 Million in 2023 to USD 318.06 Million by 2033, at a Compound Annual Growth Rate (CAGR) of 3.52% during the projected period.
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Live cell encapsulation is the technology used for the microencapsulation of live cells and tissues within the protective membrane. The polymeric semipermeable membrane acts as a physical barrier, preventing direct contact between the confined cells and the membrane. This technology has the power to transform several scientific disciplines as well as medicine due to it can deliver cells and cell-based therapies in a way that is secure and monitored. One of the primary advantages of live cell encapsulation is the controlled release of cells or bioactive chemicals. It is particularly useful in cell-based therapies, where the goal is to transport therapeutic cells to a specific area of the body while isolating them from the immune system. Therefore, the ability of live cell encapsulation to release cells or other bioactive compounds under controlled conditions is one of its main benefits. Furthermore, innovative new products and technological improvements of the top corporations will result in profitable market prospects. There will likely be additional research projects targeted at proving the therapeutic value of the cell encapsulation technique, which will propel market expansion. Throughout the forecast period, the expanding use in the creation of therapies for serious chronic illnesses like cancer, diabetes, and autoimmune disorders will contribute to market growth. Furthermore, the development of encapsulating technology is a major industry driver. To produce biocompatible and efficient capsules, researchers are coming up with novel techniques. Targeted delivery techniques, capsules that support cell viability, and exact control over chemical exchange are a few of the innovations. However, costly specialized tools and skills are required for the manufacturing of the capsules or microspheres.
Browse key industry insights spread across 260 pages with 110 Market data tables and figures & charts from the report on the "Global Live Cell Encapsulation Market Size, Share, and COVID-19 Impact Analysis, By Polymer Type (Natural Polymers and Synthetic Polymers), By Method (Microencapsulation, Macroencapsulation, and Nanoencapsulation) By Application (Drug Delivery and Cell Transplantation), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033."
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The natural polymer segment is anticipated to hold the greatest share of the global live cell encapsulation market during the projected timeframe.
Based on the polymer type, the global live cell encapsulation market is divided into natural polymers and synthetic polymers. Among these, the natural polymer segment is anticipated to hold the greatest share of the global live cell encapsulation market during the projected timeframe. Natural polymers are preferred as the key choice for encapsulation. Natural polymers are large molecular weight macromolecules that are found in nature and are chosen based on their biodegradability, low toxicity, biocompatibility, renewability, and flexibility. Due to their natural origins, plants, animals, and microbes
The nanocapsulation segment is anticipated to grow at the fastest pace in the global live cell encapsulation market during the projected timeframe.
Based on the method, the global live cell encapsulation market is segmented into microencapsulation, macroencapsulation, and nanoencapsulation. Among these, the nanocapsulation segment is anticipated to grow at the fastest pace in the global live cell encapsulation market during the projected timeframe. The distribution of therapeutic and diagnostic compounds that are encapsulated is influenced by the size of the nanoparticle, the science of nanoencapsulation is mostly utilized in the development of effective drug delivery systems. Nanoencapsulation performs better than alternative techniques. It can improve drug solubility, increase bioavailability, modify or delay drug release, and improve both passive and active targeting of bioactive molecules to the site of action. Therefore, the advantages associated with nanoencapsulation are expected to boost the market growth.
The drug delivery segment is estimated for the highest revenue share in the live cell encapsulation market during the estimated period.
Based on the application, the global live cell encapsulation market is segmented into drug delivery and cell transplantation. Among these, the drug delivery segment is estimated for the highest revenue share in the live cell encapsulation market during the estimated period. The live cell encapsulation process is used in the production of tablets, capsules, and parenteral dosage forms to ensure effective drug delivery. One enormous potential of controlled medication delivery is in the treatment of several progressive disorders. Benefits from controlled drug administration through live cell encapsulation, such as greater therapeutic effects, lower dosage requirements, less cytotoxicity, improved patient convenience, and higher compliance, are driving the market.
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North America is expected to hold the largest share of the global live cell encapsulation market over the forecast period.
North America is expected to hold the largest share of the global live cell encapsulation market over the forecast period. This significant amount is owing to supportive laws, increased funding for private enterprises, and assistance from the government. The region's major industry growth driver is drug discovery research. Due to there being inventors and significant operational participants in the sector, there has been a greater uptake of products. Increased public-private investment in the live cell encapsulation industry in the United States and Canada and increased government and healthcare sector research and development will drive market expansion.
Asia Pacific is predicted to grow at the fastest pace in the global live cell encapsulation market during the projected timeframe. The substantial rise can be attributed to the biotechnology and pharmaceutical sectors in emerging nations such as China and India. The government's constant backing for developing the pharmaceutical sector in emerging countries is an additional factor contributing to this region's economic success. Furthermore, ongoing research into cancer and infectious diseases is expected to have a major impact on the live cell encapsulation market in the region.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Major vendors in the Global Live Cell Encapsulation Market include AUSTRIANOVA, Merck KGaA, Sphere Fluidics Limited, ViaCyte, Blacktrace Holdings Ltd (Dolomite Microfluidics), BIO INX, Living Cell Technologies Limited, Sigilon Therapeutics, Isogen, Diatranz Otsuka Ltd., Sigilon Therapeutics Inc, MiKroCaps, Neurotech Holdings LLC, and Others.
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Recent Developments
- In March 2023, SG Austria (Austrianova) announced that Checkmate Capital Group, a multi-family investment and advisory group based in California, has made a preferred equity investment in SG Austria, the parent company of Austrianova. This investment helped the company to expand and grow.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Global Live Cell Encapsulation Market based on the below-mentioned segments:
Global Live Cell Encapsulation Market, By Polymer Type
- Natural Polymers
- Synthetic Polymers
Global Live Cell Encapsulation Market, By Method
- Microencapsulation
- Macroencapsulation
- Nanoencapsulation
Global Live Cell Encapsulation Market, By Application
- Drug Delivery
- Cell Transplantation
Global Virtual Warehousing Market, By Regional
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
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