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Europe Cell Expansion Market Growth at CAGR of 18.3%, 2017-2021 - Latest Challenges and Trends




(Medical-NewsWire.com, April 16, 2018 ) Europe Cell Expansion Market was worth USD 2.09 billion in 2016 and is projected to be growing at a CAGR of 18.3%, to touch USD 4.85 billion by 2021. The process of cultivating, growing and using stem cells, involves the two vital components of division and expansion. Without the process of cell expansion, a dividing cell is just further divided into smaller and smaller elements. The essential environment for stem cell expansion is sustained by a mixture of various media, reagents and supplements and may also comprise the involvement of healthy feeder populations or conditioned mechanisms taken off feeder cells.

The growth of the Europe Cell Expansion Market is mainly driven by factors such as the increasing demand for regenerative medicines that provide swift results and have high compatibility with patients. Furthermore, increasing incidence of chronic diseases, rising private sector investments for the development of cell-based products and the growing number of Goods Manufacturing Practice (GMP) certifications of production facilities, supplemented by rising governmental investment support are among the other forces driving market growth in North America. However, requirement of skilled workforce and high-tech instrumentation are the major restraints of market growth.

Get a comprehensive overview of the Market: https://www.marketdataforecast.com/market-reports/europe-cell-expansion-market-2665/

The Europe Cell Expansion Market is segmented on the basis of Product, Cell Type, Application, End User and Geography. Based on Product, the Cell Expansion market is divided into Instruments, Consumables and Disposables. Consumables include reagents, media and serum, and disposables. The instruments segment consists of cell expansion supporting equipment, bioreactors, and automated cell expansion systems. The cell expansion supporting equipment segments is segmented into flow cytometer, centrifuges, cell counter, and other supporting equipment. Bioreactors are further classified into micro-carrier bioreactors and perfusion/hollow fibre reactors. Disposables are further classified into tissue culture flasks, bioreactor accessories, and other disposables. On the basis of cell type the market is segmented into Human Cells and Animal Stem Cells. The human cells segment is further divided into Human Differentiated stem cells and Human stem cells, with the human stem cells segment further categorised into embryonic stem cells, adult stem cells and induced pluripotent stem cells. By Application, the cell expansion market is categorised into Regenerative Medicine and Stem Cell Research, and Cancer and Cell Based Research. On the basis of End User, the market is distributed among hospitals, biotech and pharma companies, and academic and research institutes.

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The Europe market has been geographically segmented into Germany, U.K, France, Spain, and Italy. Europe holds the second position in terms of market share globally. There is potential for market growth due to the presence of some untapped markets coupled with the rising frequency of chronic ailments. Increasing private sector investments by key companies to increase RandD to expand market margins in the region are set to further set to augment market growth in the European region.

The significant players in the Europe Cell Expansion Market are Beckman Coulter, Inc. (U.S.), Becton, Dickinson and Company (U.S.), Corning, Inc. (U.S.), GE Healthcare (U.K.), Lonza (Switzerland), Merck KGaA (Germany), Miltenyi Biotec (Germany), STEMCELL Technologies, Inc. (Canada), Terumo BCT, Inc. (U.S.), and Thermo Fisher Scientific, Inc. (U.S.).

Scope of the Report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and sksillset dedicatedly serve clients from various industries and regions.



Market Data Forecast.

Abhishek Shukla

+1-888-702-9626

abhishek@marketdataforecast.com

Source: EmailWire.Com

Source: EmailWire.com


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