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.
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Market Dynamics:
Increasing development of on-demand, digitally enabled, and seamlessly connected clinician-patient interactions to manage patient base is expected to drive pharma and healthcare market in the coming years. After the COVID-19 outbreak there has been a number of foundational shifts in the healthcare system. Some of the examples include increasing consumer involvement in health care decision-making, the rapid adoption of virtual health & other digital innovations, increasing focus on utilization of interoperable data & data analytics, and increased public-private collaborations in therapeutics and vaccine development. The increased public-private collaborations for vaccine development has arisen due to high pressure of regional governments. Health care providers, and other stakeholders have invested heavily to quickly pivot, adapt, and innovate therapeutics.
Surging demands and transition to patient-centric care delivery across geographies will change pharma and healthcare market trends through 2028.
Competitive Outlook:
The report focuses on current and emerging trends in the healthcare industry such as incorporation of IoT and Machine Learning to enhance efficiency of medical products. Top companies in the market are focusing on R&D activities to expand their product offerings and cater to unmet medical needs.
This report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, and recent developments in both historic and present contexts.
Top companies operating in the market and 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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The report segments the Live Cell Encapsulation market on the basis of product types, applications, end-use industries, and regions among others. The report offers insights into key factors influencing the revenue growth of the segment and provides information about lucrative investment opportunities to stakeholders, investors, and clients.
Live Cell Encapsulation Market Segmentation:
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
Regional Analysis covers:
· North America
· Europe
· Asia Pacific
· Latin America
· Middle East & Africa
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