Global Live Cell Encapsulation Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
“Global Live Cell Encapsulation Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global live cell encapsulation market report has been segmented on the basis of manufacturing technique, polymer type, application, and region.
Global Live Cell Encapsulation Market: Overview
Live Cell Encapsulation technology encloses live cells in protective ‘capsules’ sized of the head of a pin. The capsules are designed to allow blood to enter and nourish the living cells inside them.
Global Live Cell Encapsulation Market: Dynamics
Increasing investments for new product development by public as well as private organizations is a key factor expected to drive growth of the global market over the forecast period.
In addition, ongoing research and development for establishing clinical efficacy of cell encapsulation technologies is another factor expected to further fuel growth of the target market over the forecast period.
Moreover, rising public awareness regarding the clinical role of encapsulated cells in disease management is another factor expected to boost growth of the target market over the forecast period.
However, lack of skilled professionals and high cost of product manufacturing are some major factors expected to restrain growth of the target market over the forecast period. In addition, limited availability of high-quality raw material and rising adoption of alternative therapies are some other factors expected to hamper growth of the target market over the forecast period.
Manufacturers focusing on development of new products and strategic collaborations in order to strengthen its product offerings. For instance, in August 2018, Balchem Italia S.r.l., which is a subsidiary of Balchem Corporation, acquired Bioscreen Technologies, S.r.l., which manufactures encapsulated and fermented feed nutrition ingredients in order to its position in the market.
Global Live Cell Encapsulation Market: Segment Analysis
Among the manufacturing technique segments, the electrostatic dripping segment is expected to register significant growth in terms of revenue over the forecast period, owing to increasing use of used electrostatic dripping for droplet generation and enables acceleration of normal droplet formation process.
Among the polymer type segments, the alginate segment is expected to register significant growth over the forecast period, owing to increasing us e of alginate polymer for encapsulation of therapeutic agents.
Among the application segment, the drug delivery segment is expected to register significant growth in terms of market share, owing to rising incidence of target diseases and increasing research activities on live cell encapsulation across various countries.
Global Live Cell Encapsulation Market: Regional Analysis
The market in North America is expected to dominate in the global live cell encapsulation market over the forecast period, owing to increasing healthcare expenditure, and rising adoption of new technologies across various countries in this region.
The market in Europe is expected register second-highest revenue share over the forecast period, owing to availability of well-established healthcare system and increasing incidence of life-threatening diseases among people in this region.
The market in Asia Pacific is expected to register significant growth in terms of revenue over the forecast period, owing to increasing rate of cancer resulting into increase demand new and advanced techniques such as encapsulation in countries in this region.
In addition, increasing demand for cellular research, increasing patient pool of chronic diseases, and increasing government initiatives of healthcare reforms across various countries in Asia Pacific region is expected to support growth of the target market in this region.
Global Live Cell Encapsulation Market Segmentation:
Segmentation by manufacturing technique:
- Simple Dripping
- Electrostatic Dripping
- Coaxial Airflow
- Rotating Disk Atomization
Segmentation by polymer type:
- cellulose sulfate
Segmentation by application:
- Drug Delivery
- Regenerative Medicine
- Cell Transplantation
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Evonik Industries AG
- Balchem Corporation
- BioTime, Inc.
- Viacyte, Inc.
- Neurotech Pharmaceuticals, Inc.
- Living Cell Technologies Ltd.
- Merck KGAA
- Sigilon Therapeutics, Inc.
- Blacktrace Holdings Ltd
- Sernova Corp.
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