Cell Expansion Market Will Expand at a CAGR of 14.70% By 2024

Global Cell Expansion Market: Strategic Shift to Product Differentiation to Observed among
players, Says TMR
According to the report, the global market for cell expansion is anticipated to witness a significant
surge in its opportunity at a CAGR of 14.70% during the period from 2016 to 2024, rising from
US$7.7 bn in 2015 to US$26 bn by the end of the forecast period. Human stem cells register a
stronger hold on this market when compare to their animal and differentiated counterparts and the
trend is anticipated to remain so over the next few years. Hospitals, biotechnology and
pharmaceutical companies, CMO and CRO, and academic and research institutes have emerged as
the key end users of cell expansion products across the world. North America, among all the
regions, has occupied the leading position in the worldwide market for cell expansion, thanks to the
presence of a large pool of participants. Researchers anticipate the North America cell expansion
market to remain dominant over the period of the forecast.
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The global Cell Expansion Market is segmented on the basis of Type of Cells,Product Type, End
The cell expansion market has segmented into four categories, namely by type of cells, by product,
by end-user and by region.
Geographically, the global Cell Expansion market has been segmented into five regions: North
America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In addition, the regions
have been further segmented by major countries from each region. These include the U.S., Canada,
the U.K., Germany, France, Italy, Spain, China, Japan, India, Saudi Arabia, UAE, Brazil, and
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Summary of Table of Content
1. Preface
2. Assumptions and Research Methodology
3. Executive Summary
4. Market Overview
5. Market Dynamics
6. Cell Expansion Market Analysis By Type of Cell
7. Cell Expansion Market Analysis By Product
8. Global Cell Expansion Market Analysis By End User
9. Global Cell Expansion Market Analysis, By Region
10. North America Cell Expansion Market Analysis
11. Europe Cell Expansion Market Analysis
12. Asia Pacific Cell Expansion Market Analysis
13. Latin America Cell Expansion Market Analysis
14. Middle East and Africa Cell Expansion Market Analysis
15. Competition Landscape
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The global cell expansion market is fairly consolidated with the top eight players accounting for most of the market share. Majority of the top players, with an aim of furthering their market share, are expending a lot of money and time on research and development in order to come up with new cell lines and applications. They are also focusing hard on product differentiation to bolster their positions. On account of this, competition is robust in the market for cell expansion.