Cell Separation Market Expected to Expand CAGR of 18.8% by 2028 With a Substantial Growth Of Specialty Drugs And Personalized Medicine
Cell Separation Industry Overview The global cell separation market size was valued at USD 6.6 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 18.8% from 2021 to 2028. Cell separation plays an important role in various applications including biologics designing and development, therapeutic protein production, in-vitro diagnostics, and other research applications. The rising prevalence of chronic and infectious diseases, such as cancer and Covid-19, and continuous government initiatives to improve the biotechnology industry are the major driving factors contributing to market growth. In addition, the COVID-19 pandemic has created a lucrative opportunity for researchers to study and understand this new infectious virus, to develop treatments and diagnostic tools for it. Several pharmaceutical and biotech giants have been conducting rapid and extensive R&D activities to develop novel vaccines, therapies, and testing kits. This has signific...