Saturday, 28 March 2020

Cell isolation Market – Analysis and Forecast To 2024 | Becton, Dickinson, and Company, Miltenyi Biotec.

Cell isolation is a method of extraction of the specified cell inside the heterogeneous mixture to develop novel therapies. The global cell isolation market is growing at a significant rate, due to a mounting emphasis on personalized medicine and mounting government funding for cell-based research.

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Promoting stem cell research, the mounting occurrence of infectious diseases, and cancer, and the development of microfluidics are also facilitating the growth of the cell isolation market.

Elevated price of cell isolation instruments, difficulties associated with reagent development, and ethical issues associated with embryonic stem cell isolation are the major challenges for the growth of cell isolation market.

Globally, the manufacturing companies trying to enter the cell isolation market are required to maintain stringent regulatory standards. Moreover, the high level of capital requirement also poses a major barrier to the entry of new players. This offers an edge to the established players in the industry competition.

Asia-Pacific is observed to witness the fastest growth in the market, due to the mounting occurrence of cancer and infectious diseases. In addition, escalating government support, advanced healthcare infrastructure and mounting emphasis on personalized medicine are also creating a positive impact on the cell isolation market growth in the region.

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Key players in the cell isolation market are catering to the demand of these devices by investing in technologically advanced products in their product portfolio across the globe. In August 2016, GE Healthcare signed an agreement with STEMCELL Technologies Inc. to provide T-Cell reagents for commercial-scale cell therapy production, and expands its cell therapy portfolio. Danaher Corporation, Thermo Fisher Scientific Inc., Bio-Rad Laboratories, Inc., Becton, Dickinson, and Company, Miltenyi Biotec, Terumo Corporation, General Electric Company, Stemcell Technologies Inc., Merck KGaA, and Pluriselect Life Science are the key players offering cell isolation.

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