Live Cell Encapsulation Market Projected to Reach US$ 303 Million by 2024
The Global Live Cell Encapsulation Market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. An exclusive data offered in this report is collected by research and industry experts team. The Live Cell Encapsulation Market is projected to reach US$ 303 Million by 2024 from US$ 250 Million in 2018, at a CAGR of 3.2%.
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Based on Manufacturing Technique, the live cell encapsulation market is segmented into simple dripping, electrostatic dripping, coaxial airflow, liquid-jet break-up, vibrating-jet technique, jet cutting, and rotating disk atomization. The electrostatic dripping segment is expected to account for the high growth rate of this market in 2018, owing to the growing demand for electrostatic dripping as a result of the procedural benefits such as retention of cell viability & potency, and preservation of plant oxidants.
Based on Polymer Type, the live cell encapsulation market has been segmented into alginate, HEMA-MMA (hydroxyl ethyl methacrylate-methyl methacrylate), chitosan, siliceous encapsulates, cellulose sulfate, PAN-PVC [poly (acrylonitrile vinyl chloride)], and other polymers.The alginate segment is estimated to grow at the highest CAGR during the forecast period majorly due to the procedural benefits offered such as the capability to encapsulate living cells with wide pore size distribution (5–200 nm) and high permeability of alginate.
Based on Application, the live cell encapsulation market is segmented into drug delivery, regenerative medicine, cell transplantation, probiotics, and research. The drug delivery segment is expected to account for the largest share of the live cell encapsulation market in 2018.
“The North America market to grow at the highest CAGR during the forecast period”
The Live Cell Encapsulation Market is segmented into five major regions, namely, North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The North America market is expected to grow at the highest CAGR during the forecast period majorly due to the increasing research activities in the field of cell encapsulation coupled with the growing public-private investments for cell encapsulation research practices.
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Most Popular Companies in the Live Cell Encapsulation Market include are BioTime, Inc. (US), Reed Pacific Pty Ltd. (Australia), Viacyte, Inc. (US), Neurotech Pharmaceuticals, Inc. (US), Living Cell Technologies Ltd. (Australia), Merck KGAA (Germany), Sigilon Therapeutics, Inc. (US), Encapsys, LLC (US), Evonik Industries (Germany), Lycored (Israel), MiKroCaps (Slovenia), BÜCHI Labortechnik AG (Germany), Blacktrace Holdings Ltd (UK), Sernova Corporation (Canada), and Balchem Corporation (US).
Reason to Access this report:
This report focuses on various levels of analysis—industry trends, market share of top players, and company profiles, which together form basic views and analyze the competitive landscape, emerging segments of the live cell encapsulation market, and high-growth regions and their drivers, restraints, opportunities, and challenge. The report will help both established firms as well as new entrants/smaller firms to gauge the pulse of the market and garner greater market shares.
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