Market revenue in 2023 | USD 35.7 million |
Market revenue in 2030 | USD 74.9 million |
Growth rate | 11.2% (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 |
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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 64.43% in 2023. Horizon Databook has segmented the Thailand cell separation market based on consumables, instruments covering the revenue growth of each sub-segment from 2018 to 2030.
South Korea exhibits high potential for R&D capabilities in pharmaceutical and biopharmaceutical sectors, which is expected to boost the demand for cell separation products for research purposes. Cancer research has become a national priority for the Korean government.
The Korean government supports a number of universities, institutions, and researchers to facilitate cancer research activities, which is anticipated to create huge demand for cell separation products in the country. Furthermore, increasing R&D investments by major pharmaceutical companies in South Korea is anticipated to create a lucrative environment for the market growth.
For instance, in June 2019, AstraZeneca announced that it will spend USD 630 million on R&D in South Korea over the next 5 years. Moreover, local presence of key players and increasing entry of emerging players in the country are increasing the country’s access to cost-effective cell separation products.
Horizon Databook provides a detailed overview of country-level data and insights on the Thailand cell separation market , including forecasts for subscribers. This country databook contains high-level insights into Thailand cell separation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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