Report ID: SQMIG35H2298
Report ID:
SQMIG35H2298 |
Region:
Global |
Published Date: November, 2024
Pages:
188
|
Tables:
149 |
Figures:
73
North America dominated the global market and had the largest revenue share of 39.8% in 2023. This is due to the presence of well-established pharmaceutical and biotechnology industries. This is due to a significant increase in the number of patients with chronic diseases, government funding for cancer research, growth in the pharmaceutical and biotech sector. Besides, increasing incidence of diseases, new methods of cell extraction an isolate, a growing number of research centers and laboratories. Furthermore, the high prevalence of the chronic infectious diseases, including the COVID-19 outbreak, has led to an increased demand for cell-derived drugs for research and therapeutic purposes.
Asia Pacific is predicted to witness a fast increase fee of 15.63% from 2024 to 2031 due to growing pharmaceutical and biotechnology industries in the emerging economies such as the China and India. Asia Pacific is expected to grow rapidly due to the rapidly growing economies, increasing incidence of chronic diseases due to aging population, continued expansion capacity of the pharmaceutical and biotechnology manufacturing. Furthermore, cell isolation market is expected to grow significantly in the Asia-Pacific region in the market owing to the increasing demand for pharmaceutical and biotechnology in emerging economies such as China and India. Furthermore, ongoing stem gene remedy research packages in Japan, China and South Korea have created a demand for concerning cell isolation solutions in this segment has improved.
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Report ID: SQMIG35H2298