The Cell Expansion Market is highly competitive, with a considerable number of players operating in the market. Most of the companies operating in the cell expansion market are present across the globe and have wide distribution and sales networks through partnerships or authorized dealers.

According to a new market research study of ‘‘Cell Expansion Market to 2027 – Global Analysis and Forecasts by Product, Cell Type, Application, End User’ the global cell expansion market is projected to reach US$ 42,837.11 Mn in 2027 from US$ 11,929.43 Mn in 2018. The market is projected to grow with a CAGR of 15.6% from 2019-2027. The report provides trends predominating in the global Cell Expansion market and the factors driving the market and also the factors that act as hindrances.

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The most notable market participants in the cell expansion market include BD, Merck KGaA, Terumo Corporation,  Corning Incorporated, Miltenyi Biotec, Danaher, Lonza and STEMCELL TECHNOLOGIES, INC are among others holding a significant share of the cell expansion market owing to their product offerings.

The report segments the global Cell Expansion market as follows:

Global Cell Expansion Market – By Product

·         Consumables

·         Instruments

Global Cell Expansion Market – By Cell Type

·         Human Cells

·         Animal Cells

Global Cell Expansion Market – By Application

·         Regenerative Medicine and Stem Cell Research

·         Cancer and Cell-based Research

·         Other Applications

Global Cell Expansion Market – By End User

·         Biopharmaceutical and Biotechnology Companies

·         Research Institutes

·         Cell Banks

·         Other End Users

Global Cell Expansion Market – By Geography

·         North America

·         Europe

·         Asia Pacific (APAC)

·         Middle East & Africa (MEA)

·         South & Central America (SCAM)

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Market leaders are involved in inorganic ways of business expansion such as merger & acquisitions and joint alliances, which have promoted its growth. For instance, in February 2018, Corning and CytoSMART agreed. CytoSMART is a Dutch company that deals with the automation of the laboratory process. This agreement is done to simplify the counting of mammalian cells in laboratories worldwide. As cell counting is a critical step in the cell culture workflow, this strategic collaboration has helped Corning to improve its products and services to its customers.

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