December 26, 2018
WELLESLEY, Mass., Dec. 26, 2018 – Due to the inefficiency of traditional cancer treatments, increasing R&D in stem cell research, the relentless persistence of cancer, technological advancements and the dire need for a more targeted-based therapy, the global market for cell separation and characterization in solid tumors has expanded to meet consumer demand, according to the report “Cell Separation and Characterization in Solid Tumors: Global Markets Through 2023.”
The global market for cell separation and characterization in solid tumors was valued at $1.8 billion in 2018 and is expected to reach $3.3 billion by 2023 at a compound annual growth rate (CAGR) of 12.5%, according to BCC Research.
Major players in the industry include OncoStem Diagnostics Pvt. Ltd., F. Hoffmann-La Roche AG (RHHBY), Ariad Pharmaceuticals, Leica Microsystems, Cancer Research UK, Phenom-World, Daiichi Sankyo (DSKYF) and Takeda Pharmaceuticals (TKPHF).
“Cell separation and characterization in solid tumors forms the basis for personalized medicine for cancer patients,” said BCC Research analyst Anuj Pathak. “The market has been gaining popularity across the globe due to its significant contribution in drug discovery and cancer diagnostics.”
Isolation of Solid Tumor Cells Within the In-Vitro Environment Presents Challenges
One of the primary factors hindering market growth is the isolation and characterization in solid tumor cells within an in vitro environment. It is challenging to grow and isolate these tumor cells that are similar to the microenvironment of the original tumor with in-vitro conditions.
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Cell Separation and Characterization in Solid Tumors: Global Markets Through 2023( BIO167A )
Publish Date: Dec 2018
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