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According to report published by Grand View Research, the global cell harvesting systems market size was valued USD 3.17 billion in 2016 and is expected to grow at a CAGR of 13.9% over the forecast period.

The globalCell Harvesting System Marketis expected to reach USD 10.17 billion by 2025, according to a new report by Grand View Research, Inc. The increasing demand of stem cellbased therapies, owing to the growing base of aging population and increasing prevalence of chronic diseases, is one of the major factors contributing toward lucrative market growth.

Growing investment on stem cell research is one of the high impact rendering drivers contributing to the demand of stem cells, which thereby contributes to growth of cell harvesting system market. There has been a significant rise in stem cell transplantation rate globally, which is another major driver for increasing demand across the globe. Growth in autologous stem cell transplantation along with increasing stem cell banking is stimulating demand of cell harvesting system.

The potential use of stem cells in regenerative medicine, such as in case of cancer, trauma, congenital diseases, etc., is also one of the factors contributing to the demand for stem cells for research, thereby contributing toward growth of cell harvesting system market across the globe. The rising prevalence of certain diseases such as cancer is expected to drive the growth of this market over the forecast period.

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Further Key Findings From the Report:

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Grand View Research has segmented the global cell harvesting system market on the basis of product, application, end use, and region:

Cell Harvesting System Application Outlook (Revenue, USD Million, 2014 - 2025)

Cell Harvesting System End-use Outlook (Revenue, USD Million, 2014 - 2025)

Cell Harvesting System Regional Outlook (Revenue, USD Million, 2014 - 2025)

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About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

Media ContactCompany Name: Grand View Research, Inc.Contact Person: Sherry James, Corporate Sales Specialist - U.S.A.Email: Send EmailPhone: 1-415-349-0058, Toll Free: 1-888-202-9519Address:201, Spear Street, 1100 City: San FranciscoState: CaliforniaCountry: United StatesWebsite: https://www.grandviewresearch.com/industry-analysis/cell-harvesting-systems-market

Excerpt from:
Cell Harvesting System Market Size is Estimated to Attain $10.17 Billion By 2025: Grand View Research, Inc - Press Release - Digital Journal