
Report ID: SQMIG35J2071
SkyQuest Technology's Cell expansion market size, share and forecast Report is based on the analysis of market data and Industry trends impacting the global Cell Expansion Market and the revenue of top companies operating in it. Market Size Data and Statistics are based on the comprehensive research by our Team of Analysts and Industry experts.
Cell Expansion Market size was valued at USD 30.4 billion in 2023 and is poised to grow from USD 33.53 billion in 2024 to USD 73.46 billion by 2032, growing at a CAGR of 10.3% during the forecast period (2025-2032).
The advancement in solutions used in cell expansion is one of the major drivers of the market. Processing systems reduce manpower and costs during the development of cell therapy (CTP), gene therapy, and other biological therapies, and reliable results.
Key players involved in the development of CTP are expanding their product range to meet the significantly increased global demand for these compounds. The paradigm shift to single-use systems (SUS) provides significant productivity gains in CTP operations. SUS eliminates concerns about cross-contamination and culture contamination caused by improper sterilization. SUS also allows CTP to be produced with higher cell density and results in lower costs in the long term. Thus, an increase in SUS adoption boosts the production of CTPs, boosting cell expansion market growth.
Cell therapy continues to be popular in the life sciences field. Significant increase in investments from private & government organizations and initiatives to promote cell therapy development are acting as market leaders. The International Society for Stem Cell Research is involved in developing funding opportunities for stem cells in biomedical research.
Substitution of serum and other incompatible reagents is essential to control the quality of the product in CTP manufacturing. Several research studies have validated that applying serum-free media controls product quality. Cellular therapies are constantly gaining popularity in the life sciences industry. A significant rise in funding from private & government organizations and initiatives undertaken by them to encourage the development of cellular therapies act as drivers for the market. The International Society for Stem Cell Research is involved in identifying stem cell-related funding opportunities across biomedical research applications.
US Cell Expansion Market is poised to grow at sustainable CAGR for the next forecast year.
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Cell Expansion Market size was valued at USD 27.6 Billion in 2023 and is poised to grow from USD 30.22 Billion in 2024 to USD 62.48 Billion by 2032, growing at a CAGR of 9.5% during the forecast period (2025-2032).
The cell expansion industry is characterized by fierce competition, with the rapid adoption of new technologies, cell-based therapies and increasing demand for the biopharmaceuticals by major market players focuses on strategic partnerships, acquisitions and innovation to maintain a competitive edge. This market also has an increasing number of start-ups and emerging companies introducing niche solutions, contributing to the dynamic environment. '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 widespread use of cellular expansion in biopharmaceutical development is another important growth driver. Biopharmaceuticals, such as the monoclonal antibodies, vaccines, and cell-based therapies, rely heavily on complex, scalable cell expansion pathways. The increasing prevalence of chronic diseases and the global demand for personalized medicines has created a need for high-quality biopharmaceuticals.
Application of 3D Cell Culture and Bioreactor Technology: A key component inside the cell expansion market trend is the shift from the traditional secondary cell culture systems to advanced 3D cell culture techniques. 3-dimensional cell cultures accurately mimic the biological environment of cells, enhancing cell function and viability. Technology is increasingly being used in regenerative medicine, cancer research and drug development.
As per cell expansion market outlook, North America currently dominates the cell expansion market, mainly due to its advanced healthcare infrastructure, huge investments in R&D, and presence of leading biotechnology and pharmaceutical companies. North America dominates the global cell expansion market, largely due to its established biotechnology sector, significant R&D investments, and strong focus on regenerative medicine. The region is anticipated to retain its leading position in the coming years due to a rise in the funding initiatives by government agencies, which has accelerated the manufacturing of stem cells and the development of regenerative medicines and cellular therapy products. This, in turn, drives the demand for cell expansion platforms in this region. Asia Pacific is expected to witness the fastest CAGR of over 15.0% during the forecast period, due to increasing initiatives by several local pharmaceutical and biotechnology companies to develop and commercialize their cellular therapies. Countries like China, Japan, and India are witnessing a surge in demand for stem cell therapies and biopharmaceutical production, driven by a growing prevalence of chronic diseases and an aging population. The region’s cost-effective manufacturing capabilities and rapidly expanding clinical trial activities make it a global hub for cell-based research and production, contributing to its accelerated growth.
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Report ID: SQMIG35J2071
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