Peripheral Blood Mononuclear Cells Market to Grow at a Steady CAGR until 2025
Growing utilization of peripheral blood mononuclear cells in clinical and research applications to drive peripheral blood mononuclear cells market
According to TechSci Research report, “Global Peripheral Blood Mononuclear Cells Market By Product (Cryopreserved or Frozen PBMC, Cultured or Fresh PBMC, Peripheral Blood Mononuclear Cell Isolation & Viability Kits), By Application (Immunology, Infectious Disease, Hematology and Others), By Technique (Density Gradient Centrifugation Process, Leukapheresis), By Source (Human, Animals), By Region, Forecast & Opportunities, 2025”, the global market of peripheral blood mononuclear cells is projected to grow at a steady rate during the forecast period. PBMC are also called Human Mononuclear Cells from Peripheral Blood (HMNC-PB) and are made up of lymphocytes & monocytes, and in humans, major composition of PBMC consist of lymphocytes, followed by monocytes and dendritic cells. PBMC is crucial to carry out the studies related to biology and pathology and are also quite useful in clinical applications and research. Scientists are researchers are trying to expound the various characteristics that a cell can possess. Additionally, PMBCs help to find these characteristics which are important for research areas such as immunology, transplant immunology, vaccine development, hematological malignancies, among others. However, developing nations tend to lack research practices due to less research institutes which can eventually lead to less usage of PBMCs, thusly restraining the market growth.
The global peripheral blood mononuclear cells market is segmented into product, application, technique, source, company and region. Based on product, the market is segmented into cryopreserved or frozen PBMC, cultured or fresh PBMC and peripheral blood mononuclear cell isolation & viability kits. Cryopreserved PBMC segment is expected to dominate the market during the forecast period as frozen PBMC find their applications in clinical trials. Moreover, PBMCs can be used for long durations of time if they are stored in a proper way and at lower temperatures. They can even substitute fresh PBMCs in few applications and thus, making it feasible for the scientists and researchers to carry out various tests in one laboratory avoiding inter-laboratory problems.
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Based on regional analysis, as of 2019, North America holds the largest market share of peripheral blood mononuclear cells and is anticipated to hold its position during the forecast tenure. This is due to the presence of pre-existing PBMC based research organizations and lab service providers in the region.
Some of the major players in global peripheral blood mononuclear cells market include Astarte Biologics, Inc., ATZLabs, BioIVT, BioLegend, Inc., BioVision, Bio-Rad, Cell Applications, Inc., Celgene, Creative Bioarray, Dapcel, Inc, HemaCare, iXCells Biotechnologies, Miltenyi Biotec, Merck, Novo Nordisk, Precision Medicine, Qiagen NV, STEMCELL Technologies Inc., Thermo Fisher Scientific and ZenBio, Inc, etc. In order to expand their market share, the companies adopt various strategies mainly collaborations to attract more customers. For instance, Miltenyi Biotec, a European PBMC based company launched a new MACSprep PBMC Isolation Kit in June 14, 2017. The kit is used for processing and diagnosis of small blood samples as it prepares extremely pure PBMCs via the blood in a very short span of time without using the procedure of centrifugation.
“Global peripheral blood mononuclear cells market is anticipated to witness a steady growth over the course of next five years. The increase in number of diseases and rise in number of PBMC based research organizations are some of the major factors driving the market across the globe. Additionally, increasing incidents of autoimmune and metabolic diseases are positively influencing the growth of the market as PBMC is used in such studies related to such diseases.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
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“Global Peripheral Blood Mononuclear Cells Market, By Product (Cryopreserved or Frozen PBMC, Cultured or Fresh PBMC, Peripheral Blood Mononuclear Cell Isolation & Viability Kits), By Application (Immunology, Infectious Disease, Hematology and Others), By Technique (Density Gradient Centrifugation Process, Leukapheresis), By Source (Human, Animals), By Region, Forecast & Opportunities, 2025”, has evaluated the future growth potential of global peripheral blood mononuclear cells market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global peripheral blood mononuclear cells market.
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