The global live cell encapsulation market size is expected to reach USD 350 million by 2028 and register a CAGR of 3.6%, according to the latest report by Reports and Data. Factors driving global market revenue growth are rising prevalence of target diseases and latest technological advancements in cell encapsulation techniques.
Live cell encapsulation is one of the most convincing approaches for treating various target diseases. It is a technology that encloses live cells in protective capsules that are equal to size of a headpin. Essential nutrients and blood are allowed to flow through the capsules in order to provide nourishment to the living cell. Capsule acts as a protective barrier to protect the cells from patient’s immune system. Market growth is driven by factors, such as increasing awareness regarding significance of using live cell encapsulation for treating target diseases and rising investments by market players to develop new products and techniques and enhance their product line.
Unavailability of good quality raw materials, unaffordable prices for manufacturing of products, and accessibility to affordable alternative therapies are some key restraints expected to impede growth of the live cell encapsulation market. Moreover, lack of trained professionals for operating these modern techniques is expected to limit market growth during the forecast period.
Top Companies Profiled in the Report Include:
BioTime, Inc. (US), Viacyte, Inc. (US), and Living Cell Technologies Ltd. (Australia) are the top three players in the live cell encapsulation market. Other prominent players operating in this market include Sigilon Therapeutics, Inc. (US), Evonik Industries (Germany), BÜCHI Labortechnik AG (Germany), Blacktrace Holdings Ltd (UK), and Sernova Corporation (Canada), Neurotech Pharmaceuticals, Inc. (US), Gloriana Therapeutics (US), Kadimastem (Israel), Beta-O2 Technologies, Inc. (Israel), Defymed (France), and Altucell, Inc. (US).
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Market Overview:
The pharma and healthcare industry has undergone a revolutionary change owing to the COVID-19 pandemic with individuals increasing their focus on health and wellness. Companies operating in the industry have invested heavily in clinical trials and research studies to develop medications to cater to the growing unmet clinical demand on a global level. Implementation of cutting-edge technology in healthcare sector and increasing investment in research and development have contributed significantly to revenue growth of the market in the recent past. In addition, availability of favorable health insurance and reimbursement policies have also positively impacted the healthcare sector with more and more individuals opting to get treatment at hospital and clinical facilities. Rapid development of novel drugs and pharmaceuticals, increasing incidence of lifestyle and chronic diseases, establishment of state-of-the-art healthcare facilities, and rising availability of over-the-counter medications have significantly contributed to the revenue growth of the market.
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The report has gather vital information about recent mergers and acquisitions, joint ventures, collaborations, partnerships, brand promotions, RD activities, and government and corporate deals, among others through extensive primary and secondary research. The report also offers detailed analysis of each competitor along with their financial standing, global market position, product portfolio, manufacturing and production capacity, and business expansion plans.
The report offers a comprehensive overview of the regional bifurcation of the market with respect to market share, market size, revenue growth, import/export, production and consumption patterns, macro and micro economic growth factors, regulatory framework, investment and funding opportunities, and presence of key players in each region including North America, Asia Pacific, Latin America, Europe, and Middle East Africa. The report offers a country-wise analysis to further discuss the revenue growth and lucrative growth opportunities for the Live Cell Encapsulation market in these key regions.
Country-wise regional analysis covers:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East Africa
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Additionally, the report consists a detailed analysis of the segmentation of the Live Cell Encapsulation market based on product types and end-use/application offered in the Live Cell Encapsulation market.
Based On Manufacturing Technique (Revenue, USD Million, 2018 - 2028)
- Simple Dripping
- Electrostatic Dripping
- Liquid Jet Break Up
- Coaxial Airflow
- Vibrating Jet
- Jet Cutting
- Rotating Disk Atomization
Based On Polymer Type (Revenue, USD Million, 2018 - 2028)
- Alginate
- HEMA-MMA
- Chitosan
- Siliceous Encapsulates
- Cellulose Sulfate
- PAN-PVC
- Other Polymers
Based On Application (Revenue, USD Million, 2018 - 2028)
- Drug Delivery
- Regenerative medicine
- Cell Transplantation
- Probiotics
- Research
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