What is the global market size of Cell Expansion Market?

Cell Expansion Market size was valued at USD 23.02 billion in 2021 and is poised to grow from USD 25.21 billion in 2022 to USD 47.58 billion by 2030, at a CAGR of 9.5% during the forecast period (2023-2030).

Global Cell Expansion Market Size, Share, Growth Analysis, By Product(Consumables, Culture Flasks & Accessories), By Cell Type(Mammalian, Microbial) - Industry Forecast 2024-2031

Report ID: SQMIG35J2071 | Region: Global | Published Date: March, 2024
Pages: 219 | Tables: 63 | Figures: 77

Global Cell Expansion Market Dynamics

Cell Expansion Market Drivers

Advancements in Genetic Engineering and Cell Line Development

The continuous advancements in genetic engineering technologies, such as CRISPR/Cas9, have facilitated the development of high-performing cell lines for protein expression. These technologies enable precise modification of cell genomes to enhance protein production, optimize cellular pathways, and improve product quality. The availability of well-characterized and highly productive cell lines contributes to the growth of the cell expression market.

Growing Biopharmaceutical Pipeline

The biopharmaceutical industry has witnessed a surge in the number of drug candidates in development, particularly in the field of targeted therapies and personalized medicine. Many of these drug candidates require efficient and reliable cell expression systems for production. The expanding biopharmaceutical pipeline drives the demand for cell expression technologies that can meet the requirements of producing diverse protein-based therapeutics.

Cell Expansion Market Restraints

Ethical Considerations in Cell Line Development

The development of cell lines for expression systems often involves the use of animal or human-derived cells, raising ethical concerns. Animal rights issues, ethical sourcing of human cells, and concerns related to the use of embryonic stem cells can limit the availability and adoption of certain cell lines. Ethical considerations can hinder progress and restrict the choice of cell expression systems.

Global Cell Expansion Market Report Snapshots

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Global Cell Expansion Market size was valued at USD 25.21 billion in 2022 and is poised to grow from USD 27.60 billion in 2023 to USD 57.06 billion by 2031, growing at a CAGR of 9.5% during the forecast period (2024-2031).

The global cell expression market is highly competitive and consists of several key players. These players engage in strategies such as collaborations, partnerships, mergers and acquisitions, and product launches to gain a competitive edge. 'Thermo Fisher Scientific Inc. (United States)', 'Merck KGaA (Germany)', 'Lonza Group Ltd. (Switzerland)', 'GE Healthcare (United States)', 'Sartorius AG (Germany)', 'Promega Corporation (United States)', 'Agilent Technologies, Inc. (United States)', 'Bio-Rad Laboratories, Inc. (United States)', 'Eppendorf AG (Germany)', 'Takara Bio Inc. (Japan)', 'GenScript Biotech Corporation (China)', 'CellGenix GmbH (Germany)', 'BD Biosciences (United States)', 'Novasep Holding S.A.S. (France)', 'OriGene Technologies, Inc. (United States)', 'Lonza Biologics Plc (United Kingdom)', 'Danaher Corporation (United States)', 'Wuxi AppTec Co., Ltd. (China)', 'Charles River Laboratories International, Inc. (United States)', 'Miltenyi Biotec GmbH (Germany)', 'New England Biolabs, Inc. (United States)', 'Qiagen N.V. (Netherlands)'

The continuous advancements in genetic engineering technologies, such as CRISPR/Cas9, have facilitated the development of high-performing cell lines for protein expression. These technologies enable precise modification of cell genomes to enhance protein production, optimize cellular pathways, and improve product quality. The availability of well-characterized and highly productive cell lines contributes to the growth of the cell expression market.

Researchers and scientists are exploring and developing novel expression systems to overcome the limitations of traditional platforms. For instance, cell-free expression systems, including cell-free protein synthesis (CFPS), are gaining attention due to their ability to produce proteins without the need for intact cells. Additionally, synthetic biology approaches are being employed to engineer cell lines with enhanced expression capabilities and more efficient protein production.

With a share of 43.1% in 2023, North America had the greatest proportion. Due to increased government funding initiatives that have sped up the development of regenerative medicine and cellular therapy products as well as the production of stem cells, the region will maintain its leadership position over the future years. As a result, there is a demand for cell expansion platforms in this area. For instance, the FDA and the Medical Technology Enterprise Consortium (MTEC) gave the Southwest Research Institute (SwRI) (U.S.) a total of USD 5.3 million in financing. In order to grow cells for the creation of individualized regenerative medicine, the SwRI invested these monies. The revenue generation in this area is increased by such investments.

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Global Cell Expansion Market Size, Share, Growth Analysis, By Product(Consumables, Culture Flasks & Accessories), By Cell Type(Mammalian, Microbial) - Industry Forecast 2024-2031

Global Cell Expansion Market Dynamics

Global Cell Expansion Market Report Snapshots

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