Press Release
Press Release
North America is expected to hold a significant share in the overall market growth of primary cells. This can be attributed to the increasing applications of primary cells in the stem cell therapy for tissue regeneration for the treatment of cancers, spinal cord injuries, and other immunodeficiency disorders. In addition to this, the growth in the region is majorly driven by huge investments into research and development (R&D) and the growth of the healthcare sector in the region. Moreover, the growth in the regional market can also be attributed to the presence of leading biopharmaceutical companies in the region, which effectively utilise primary human and animal cells for the production of vaccines against diseases like rabies, chickenpox, and polio, among others. Further, the COVID-19 pandemic also accelerated the pharmaceutical and biotechnology-based research projects, which also included the development of cell therapy driven by primary cells, hence further stimulating the market growth in the region.
In March 2021, Axol Bioscience Ltd., a global leader in the market for primary cells, recently announced a merger with Censo Biotechnologies. The merged company is focused on providing product and service solutions in the iPSC-based neuroscience, immune cell, and cardiac modeling for drug discovery and screening markets. Further, it will offer validated ready-to-use cell lines to its customers along with expert services, robust functional data, and customisation capabilities in short time. Such expansion projects undertaken by leading market players are augmenting the overall market for primary cells. The market is further augmented by the developments made by the leading players in the market, including Lonza Group AG. (SWX: LONN).
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The major players in the global primary cells market are Merck KGaA, Axol Bioscience Ltd., Cell Biologics, Inc., Lonza Group AG., and PromoCell GmbH, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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