Market World Cell Isolation Separation Market Analysis | Page 3

The biomolecule segment is reported to have the highest revenue share in 2016. The increasing focus on the
production of the biopharmaceuticals such as monoclonal antibodies, biosimilars, and proteins add to the
segment growth. Moreover, the increasing research investments and government funding has propelled the
sector growth.
The cancer and stem cells research segment are expected to exhibit rapid growth in the forecast period. The
growing investments made by the pharmaceutical companies in stem cells research is a major factor responsible
for the growth of the segment. Investments are expected to yield newer products in the research process,
ultimately increasing the demand for the novel and efficient techniques used in stem cells research adding to
the market growth.
End User Insights
The end users segment is further categorized into research laboratories, institutes, and biotechnology &
biopharmaceutical companies. The research laboratories and institutes segment accounted for the largest
market share in 2016. This is due to the increased prevalence of the stem cells and cancer research.
The biopharmaceutical & biotechnology companies segment accounted for remarkable revenue share in the
market. This is due to an increase in the R&D investment by biologics manufacturers for research activities
related to protein therapeutics, monoclonal antibody, and cancer & stem cells research, which is expected to
boost the demand for cell isolation products.
Regional Insights
North America accounted for the largest market share in the 2016. Presence of major biotechnology companies
and pharmaceutical companies in the region as well as highly developed infrastructure has contributed to the
growth of the regional sector. In addition, product advancements and drug discoveries in the region is further
anticipated to boost growth.
Several biotechnology and pharmaceutical companies are penetrating the Asia Pacific region owing to high
target population base, increasing disposable incomes, cheap labor, and rapidly growing economy. With highly
populated countries, offer a large gene pool for more research thus. Further helping the cell isolation market in
the region. Moreover, there are less stringent regulations along with the availability of the skilled but cheap
worker which add to the market growth.
Competitive Insights