Live Cell Encapsulation Market to be Dominated by drug delivery Segment by 2028
Rising private and governmental investments to enhance live
cell encapsulation technology are expected to drive the Global Live Cell Encapsulation
Market in the forecast period, 2024-2028.
According
to TechSci Research report, “Live Cell Encapsulation
Market –Global
Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F,” the Global Live Cell Encapsulation Market is anticipated to grow at a
steady rate in the forecast period, 2024-2028. This can be attributed to
growing demand for encapsulated live cells and bioactive agents in treatments
for chronic diseases such as autoimmune disease, cancers, etc. Also, the rising
awareness for live cell encapsulation among the population, thus leading to a
better, safe and prolonged comfort in many therapeutic treatments using live
cell encapsulation for targeting the desired location without immune rejection
by the patient’s body are major factors influencing the increased demand for Live
Cell Encapsulation Market across the world.
Meanwhile, other factors such as increased demand
for live cell encapsulation to provide and fulfill the prebiotic requirement in
a patient is creating lucrative opportunities for the market and is anticipated
to support the market in the forecast period.
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Based on polymer type, the market is segmented into
Alginate, Chitosan, Cellulose Sulfate and Others. The alginate segment is
likely to dominate in the forecast period. This can be attributed to the
increased usage of alginate in the encapsulation of several therapeutic agents.
Additionally, the beneficial features such as organic extraction from
Pseudomonas and azotobacter species, uniform cell structure, high permeability
and high mechanical strength, make alginate more compatible for the live encapsulation
of cell and bioactive agents.
Based on the application, the market is segmented
into drug delivery, regenerative medicine, cell transplantation and probiotics.
The drug delivery segment dominated in 2022 and is expected to hold the highest
share in the forecast period. This is due to improved efficacy, reduced
toxicity and increased patient comfort by the targeted drug deliveries via live
cell encapsulation techniques.
Moreover, increased investments and rising
opportunities for live cell encapsulation in the drug delivery, cell
transplantation and probiotics has gathered attention for increased
partnerships among the key players leading to the growth of global live cell
encapsulation market.
Major
companies operating in the Global Live Cell Encapsulation Market are:
- BioTime, Inc.
- Thermo Fisher Scientific
- Merck KGaA
- Lonza Group
- PromoCell GmbH
- STEMCELL Technologies Inc.
- Corning Incorporated
- Merck Millipore
- Fujifilm Wako Pure Chemical Corporation
- NanoEnTek Inc
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“North America
region is expected to dominate the Global Live Cell Encapsulation Market, which
can be attributed to the rising research & development on enhancing the
live cell encapsulation technique for utilization in therapeutic treatments
.Besides, the growing awareness of benefits of using live cell encapsulation technology in several chronic
diseases such as cancer, diabetes, etc. is further expected to support the
market growth in the region,” said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global management consulting firm.
Live
Cell Encapsulation Market - Global Industry Size, Share, Trends, Competition,
Opportunity, and Forecast, 2018-2028, Segmented By Polymer Type (Alginate,
Chitosan, Cellulose Sulphate and Others), By Application (Drug Delivery,
Regenerative Medicine, Cell Transplantation and Probiotics), By Technique
(Simple Dripping, Electrostatic Dripping and Coaxial Airflow), By Region,” has evaluated the future growth potential of Global Live
Cell Encapsulation Market and provides statistics & information on market
size, 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 Live Cell
Encapsulation Market.
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