In cell separation technology, heterogeneous cell mixture is separated from cells, pm the basis of extracellular and properties of the cells. The cell separation method is gaining popularity in medical field because for the purpose of disease diagnosis and cellular therapy. Cell separation market is likely to expand in coming years, as cell-based therapies are widely being adopted for treatment of chronic diseases. As a result, mortality rate associated with chronic diseases is also declining.
Growing prevalence of chronic diseases such as cancer, diabetes, cardiovascular diseases (CVDs) and many other is resulting in incorporation of cell separation technology for the purpose of both diagnostic and therapeutic. Further, cell separation technology preferred over pathological treatment and conventional diagnostic procedures.
Using cell separation technique, root cause of any disease is predicted. And later, treatment is provided on the same basis. The technique aims at removal of disease from cell level, leaving no trace for reoccurrence of disease in future.
Considering the benefits of cell separation technology, various pharmaceutical agencies and government bodies are investing on research and development activities. Also, government in several regions are focusing on advancement of respective biotechnology industry.
All these aforementioned factors are likely to boost cell separation technology market in forthcoming years. Development of advanced technology and economical treatment method are likely to contribute to expansion of the market.
Further, growing geriatric population and rising number of neurodegenerative diseases are likely to propel the market.
Meanwhile, complex cell behavior is acting as barrier in further development of the technology. However, researchers are consistently moving up in the development line.
Cell Separation Technology Landscape: Significant Contribution towards Stem Cell and Cancer Research to Drive Adoption
The unique ability of stem cells to regenerate has resulted in their growing use in the regeneration of tissues and organs over the past two decades, albeit with wavering degrees of success. As healthcare and clinical research, in wake of the expanding biotechnology industry, continue to embrace stem cell research to improve therapeutics for chronic illnesses, cell separation and sorting techniques that aid in improving research results are gaining major impetus. Cell separation technologies are experiencing tremendous growth on account of the growing mortality and morbidity rate of chronic diseases, which has led to the rising demand for cell therapies for effectively treating such diseases.
Technological developments have resulted in the expansion of the application areas of existing cell separation techniques. This is further supported by the increasing patient pool across the globe. Transparency Market Research (TMR) recently published an extensive study on the cell separation technology market, with a positive perspective of the industry, owing to the aforementioned factors. The study unveils the key elements driving industry growth, while elaborating the developments witnessed across the cell separation technology market.
Evolution of the Cell Separation Technology Market
Although the discovery of stem cells goes back over three decades, cell separation technology has, until recently, been restricted to large institutional core facilities. Earlier, cell sorting was considered a complex and expensive technique that required superior training. There have been significant transformations with the advent of versatile, personalized, and user-friendly benchtop cell separators. Currently, stem cell researchers are able to start taking advantage of the capabilities of benchtop cell separators and sorters, resulting in improved results.
The cell separation technology market is likely to generate a revenue of ~ US$ 5.5 Bn in 2019, and is anticipated to expand at a CAGR of ~ 12% during the period of forecast. Advancements in technology that has led to continuous innovations is a key factor driving single cell identification and analysis. The growing popularity of single use cell separation techniques and innovation, including microraft, and the use of picodroplet technology is a major trend that is expected to influence the cell separation technology market through the period of assessment.