Cell Separation Technology Market Regional Analysis:
North American Market Insights
North America industry is predicted to dominate majority revenue share of 39.2% by 2035. This growth of the market is encouraged by the increase in cell biology research activities and the presence of key players in the region. For instance, On 5 April 2024, Becton, Dickinson, and Company announced the release of new BD FACSDISCOVER S8 cell sorters that will enable more researchers to push the boundaries of discovery. Therefore, the surging research and development by the key players is set to boost the cell separation technology market expansion.
Furthermore, the U.S. market for cell separation technology is projected to grow owing to the surging number of people consuming alcohol and cigarettes which has further driven the prevalence of chronic disease.
Additionally, Canada is also set to have a notable rise in its market for cell separation technology on account of the growing number of biopharmaceutical companies.
APAC Market Insights
Asia Pacific cell separation technology market is anticipated to grow at exponential CAGR through 2035. The major factor to drives the market growth in this region is the rising geriatric population. As per ASIAN Development Bank, one in four people in Asia and the Pacific by 2050 is set to be about 60 years old. Therefore, the cases of diseases are also growing in this region, which is further aiding to the cell separation technology market expansion.
The China market for cell separation technology is predicted to have the highest rise in its revenue reaching USD 1.9 by the end of 2035. This is due to the presence of a number of cell developers.
The cell separation technology market in India is also set to rise along with other nations owing to the rising number of healthcare tourist populations which is pressurizing to enhance the medical outcome.