China Cell Separation Market Size & Outlook, 2023-2030
China cell separation market, 2018-2030 (US$M)
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China cell separation market highlights
- The China cell separation market generated a revenue of USD 408.1 million in 2023 and is expected to reach USD 1,473.5 million by 2030.
- The China market is expected to grow at a CAGR of 20.1% from 2024 to 2030.
- In terms of segment, consumables was the largest revenue generating product in 2023.
- Consumables is the most lucrative product segment registering the fastest growth during the forecast period.
Cell separation market data book summary
| Market revenue in 2023 | USD 408.1 million |
| Market revenue in 2030 | USD 1,473.5 million |
| Growth rate | 20.1% (CAGR from 2023 to 2030) |
| Largest segment | Consumables |
| Fastest growing segment | Consumables |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Consumables, Instruments |
| Key market players worldwide | Thermo Fisher Scientific Inc, BD, Danaher Corp, Terumo Corp, STEMCELL Technologies, Bio-Rad Laboratories Inc, Merck KGaA, Agilent Technologies Inc, Corning Inc, Akadeum Life Sciences |
Other key industry trends
- In terms of revenue, China accounted for 4.5% of the global cell separation market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China cell separation market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,473.5 million by 2030.
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Cell Separation Market Scope
Cell Separation Market Companies
| Name | Profile | # Employees | HQ | Website |
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China cell separation market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cell separation market will help companies and investors design strategic landscapes.
Consumables was the largest segment with a revenue share of 62.97% in 2023. Horizon Databook has segmented the China cell separation market based on consumables, instruments covering the revenue growth of each sub-segment from 2018 to 2030.
The cell separation market in China is expected to grow at a lucrative rate during the forecast period. This fast growth can be attributed to the robust growth of pharmaceutical, biotechnology, and biopharmaceutical sectors in China. Chinese pharmaceutical industry is highly supported by governmental funding; thus, it has exhibited robust growth in the recent past.
Furthermore, China is intensifying research in the field of cancer and cell therapies. In 2019, the Beijing Xisike Clinical Oncology Research Foundation granted funds to support the expansion of clinical and scientific research in China.
In addition, extensive research activities have been conducted by several Chinese pharmaceutical companies for the development of novel vaccines or therapies for COVID-19. Increased R&D initiatives are anticipated to significantly fuel the demand for cell separation products in the country, thus supporting market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the China cell separation market , including forecasts for subscribers. This country databook contains high-level insights into China cell separation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China cell separation market size, by product, 2018-2030 (US$M)
China Cell Separation Market Outlook Share, 2023 & 2030 (US$M)
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