Covid-19 Impact on Cell Isolation Market:The outbreak of the covid-19 has a severe and swift impact on the automobile and transportation industry. This is majorly due to the shutdown of assembly plants in the US, interruptions across Europe in large-scale manufacturing, and disruption in the export of Chinese parts. In addition to this, the industry is dealing with reduced demand across the globe due to changes in customer behavior and shifts in a supply-demand chain. A recent study shows a 39% decline in sales of automotive all over the world. Moreover, the nationwide lockdowns have substantially affected the transportation sector. Restrictions on transportation accounted for a 45 to 55% decline in public as well as private transport sectors.
Market OverviewGrowing interest of biotechnology firms and scientists in stem and cancer cell research is major factor boosting growth of market. Progressive cell isolation products provide improved isolation of biological molecules comprising proteins, chromatin, nucleic acids, and protein developments for subsequent analysis. Therefore, the demand for the products is rising, which is anticipated to support cell isolation market growth over the forecast period.
Additionally increasing demand for the personalized medicine is other major factor driving the growth. Personalized medicine is type of medical analysis in which treatment is customized for individual patient. The cell isolation methods can be used in personalized medicine for the early discovery of disease, selection of suitable treatment, and defining the prognosis of therapy.
Segment OverviewOn basis of product, market is segmented into instruments and consumables. In 2019, consumables segment was largest revenue share segment. Growing investment in R&D by biopharmaceutical and biotechnology companies is key factor boosting segment growth. Therefore, the demand for the cell separation consumables is anticipated to remain high over the forecast period.
The human type cell isolation is reported to have major share of cell isolation market in 2019. The rising focus on human and cancer stem cell research; and the wide application of seperated human cells in research, clinical trials and biopharmaceuticals development, are major factors contributing to its highest share.
Regional OverviewNorth America dominated cell isolation market globally in 2019. The well-built research infrastructure and presence of global biotechnology firms in North America have fuelled the regional market. Furthermore, the presence of innovative technology and the large focus on the drug discovery in the region drives sector growth.
Asia Pacific is anticipated to showcase highest growth during forecast period owing to rising presence of the clinical research organizations and the biopharmaceutical companies in the region. The obtainability of vast genome pool, less severe regulations for the drug development, and the availability of experienced personnel in the region are some of major factors accountable for the growth of sector in this region.
Competitor overviewSome of the important players in market are STEMCELL Technologies Inc.; Thermo Fisher Scientific, Inc.; BD Biosciences; Beckman Coulter, Inc.; Merck KGaA; Terumo BCT; Bio-Rad Laboratories, Inc. and GE Healthcare. The major corporations are undertaking numerous strategic initiatives, such as mergers & acquisitions, collaborations, regional expansion and new product launch, for serving unmet needs of their customers.
New product growth helps vendors to increase their product portfolio and to gain maximum market share in sector. For instance, the company, Thermo Scientific’s Medifuge is benchtop centrifuge that is introduced with unique hybrid rotor and also has substitutable swing-out buckets and the fixed-angle rotors to ease rapid and convenient applications on single platform.
Key Players
- Thermo Fisher Scientific, Inc.;
- Merck KGaA;
- BD Biosciences;
- Beckman Coulter, Inc.;
- Terumo BCT;
- GE Healthcare;
- STEMCELL Technologies Inc.;
- Bio-Rad Laboratories, Inc.
Market SegmentationBy Product
- Instruments
- Centrifuges
- Consumables
- Flow cytometers
- Magnetic-activated cell separator systems
- Filtration systems
By Technology
- Centrifugation
- Filtration
- Surface marker
By Geography
- North America
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- UAE
- Rest of LAMEA
Research Process
Data Library Research are conducted by industry experts who offer insight on
industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager
and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Primary Research
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary Research
Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size Estimation
Both, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model