Global Live Cell Encapsulation Market Size Is Projected To Propel At 4.0% CAGR During The Projected Period
The global Live Cell Encapsulation market size accrued earnings worth approximately USD 297.84 Million in 2023 and is predicted to gain revenue of about USD 423.92 Million by 2032, is set to record a CAGR of nearly 4.0% over the period from 2024 to 2032.
Based on the yearly revenue estimation, the global market has attained a value of around 256 million in 2023 and is likely to follow the growth pattern throughout the forecast period. The market is projected to reach a value of nearly USD 328 million by 2032. The global live cell encapsulation market offers a huge platform and many opportunities for renowned and emerging companies to achieve the dominating position. Some of the highly reputed market players across the globe are Viacyte Inc., BioTime Inc., and Living Cell Technologies Ltd. Other prominent contenders holding the market are Evonik Industries, Sigilon Therapeutics Inc., Sernova Corporation, Blacktrace Holdings Ltd, and BÜCHI Labortechnik AG, among others. Other product-based companies supporting the market include Gloriana Therapeutics, Neurotech Pharmaceuticals Inc., Beta-O2 Technologies, Kadimastem, Altucell Inc., and Defymed Inc., among others.
Based on the evaluation carried out over the global live cell encapsulation market in 2017, BioTime Inc. held the leading position. The California-based clinical-stage biotechnology company has extended its geographical in other nations as well, which includes Canada, Japan, New Zealand, Taiwan, Israel, Australia, and China.
In-Vitro Clinical Research Enhancement Likely To Influence Growth Of The Global Live Cell Encapsulation Market
Enhancement in the R&D sector such as the exploitation of encapsulated live cells in various clinical researches and the increase in private & public investments for product development are the two primary factors propelling the global live cell encapsulation market.
The global live cell encapsulation market report effectually analyzes the current and forthcoming performance of the market during the projected period through categorization. The report segments the market based on the polymer type, manufacturing technique, application, and region. The global market on the basis of polymer type is segmented into siliceous encapsulates, PAN-PVC, HEMA-MMA, cellulose sulfate, chitosan, alginate, and other polymers. Of all the polymers, alginate is primarily used for therapeutic drug encapsulation. Based on the manufacturing technique, the global market is divided into electrostatic dripping, liquid jet break up, simple dripping, coaxial airflow, jet cutting, vibrating jet, and rotating disk atomization. By application, the market is segregated into drug delivery, cell transplantation, probiotics, and regenerative medicine.
North America Likely To Hold The Major Share In The Global Market During The Projected Period
North America is among the topmost regions generating significant revenue for the global live cell encapsulation market. The live cell encapsulation industries, established in the US and Canada, have been grabbing investments from both the public and private sectors. Moreover, the recent technological advancements in the global market are innovated and employed in these two regions.
Global Live Cell Encapsulation Market: Competitive Players
Few of the main participants in live cell encapsulation market include
- Biotime
- Neurotech Pharmaceuticals, Inc. nc.
- Lycored
- Tasya Sigilon Therapeutics, Inc.
- Evonik Industries AG Procurement Building
- BLACKTRACE HOLDINGS LIMITED
- Balchem Corporation
- Reed Pacific Pty Ltd.
- CENTER FOR EMPOWERED LIVING AND LEARNING (THE CELL) echnologies Ltd.
- Merck KGaA, Darmstadt, Germany
- Encapsys
- BUCHI Laboratory Equipment G, Sernova , and MikroCaps
The ZMR-published market research report segments the global live cell encapsulation market as follows:
By Polymer Type:
- Siliceous Encapsulates
- PAN-PVC
- HEMA-MMA
- Cellulose Sulfate
- Chitosan
- Alginate
- Other polymers
By Manufacturing Technique:
- Electrostatic Dripping
- Liquid Jet Break Up
- Simple Dripping
- Coaxial Airflow
- Jet Cutting
- Vibrating Jet
- Rotating Disk Atomization
By Application:
- Drug Delivery
- Cell Transplantation
- Probiotics
- Regenerative medicine
By Region
- North America The U.S.Canada
- Europe France The UK Spain Germany Italy Rest of Europe
- Asia Pacific China Japan India South Korea Southeast Asia Rest of Asia Pacific
- Latin America Brazil Mexico Rest of Latin America
- Middle East & Africa GCC South Africa Rest of Middle East & Africa
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