Cell Harvesting System Market Growth & Trends
The global cell harvesting system market size is expected to reach USD 13.22 billion by 2030, registering a CAGR of 14.4% from 2024 to 2030. The increasing demand for stem cell-based therapies, owing to the growing base of aging population and increasing prevalence of chronic diseases, is one of the major factors contributing toward lucrative market growth.Growing investment in stem cell research is one of the high impact rendering drivers contributing to the demand for stem cells, which thereby contributes to the growth of the cell harvesting system market. There has been a significant rise in the stem cell transplantation rate globally, which is another major driver for increasing demand across the globe. Growth in autologous stem cell transplantation along with increasing stem cell banking is stimulating demand for cell harvesting system.
The potential use of stem cells in regenerative medicine, such as in the case of cancer, trauma, congenital diseases, etc., is also one of the factors contributing to the demand for stem cells for research, thereby contributing toward the growth of cell harvesting system market across the globe. The rising prevalence of certain diseases such as cancer is expected to drive the growth of this market over the forecast period.
Cell Harvesting System Market Report Highlights
- The peripheral blood segment dominated the market in terms of revenue share of 31.4% in 2023 pertaining to the widespread use of peripheral blood stem cell (PBSC) harvesting driven by its slightly invasive nature and the increasing demand for stem cell treatments.
- In 2023, hospitals dominated the cell harvesting market mainly for spending on storage units and cryogenic preservation techniques. Besides, the research and development conducted by hospitals is also a significant factor for the segment growth.
- North America cell harvesting system market accounted for a market share of 39.4% in 2023. The presence of a highly developed medical and healthcare infrastructure fuels a significant share of the cell harvesting market over the forecast period.
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- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
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Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Global Cell Harvesting System Market Variables, Trends, & Scope
Chapter 4. Global Cell Harvesting System Market: Type Estimates & Trend Analysis
Chapter 5. Global Cell Harvesting System Market: Application Estimates & Trend Analysis
Chapter 6. Global Cell Harvesting System Market: End Use Estimates & Trend Analysis
Chapter 7. Global Cell Harvesting System Market: Regional Estimates & Trend Analysis
Chapter 8. Competitive Landscape
Companies Mentioned
- Argos Technologies, Inc.
- Perkin Elmer, Inc.
- Brand GmBh+ CO KG
- Arthrex, Inc.
- Avita Medical
- Tomtec
- Terumo Corporation
- Teleflex, Inc.
- Bertin
- Sartorius AG
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 120 |
Published | August 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 5.23 Billion |
Forecasted Market Value ( USD | $ 13.22 Billion |
Compound Annual Growth Rate | 14.4% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |