According to a new report published by Allied Market Research, titled, “Cell Separation Technologies Market by product, technology, application, end user, and: Opportunity Analysis and Industry Forecast, 2020-2027,” 

The global cell separation technologies market size was valued at $8,639.20 million in 2019 and is projected to reach $28,766.14 million by 2027, registering a CAGR of 15.4% from 2020 to 2027.

Cell separation technologies are used to separate cells from group of various cells. The separation of cells are based on their physical properties such as shape, size, and protein expression. Cell separation techniques play a vital role in the treatment of chronic diseases, such as AIDS and cancer. In addition, these are widely used in stem cell research and cancer research. In addition, cell separation market is likely to expand in coming years, as cell-based therapies are widely being adopted for treatment of chronic diseases. As a result, mortality rate associated with chronic diseases is also declining.

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COVID-19 scenario analysis:

1) The COVID-19 impact on the Cell separation technologies market  is unpredictable and is expected to remain in force till the fourth quarter of 2021.

2) The COVID-19 outbreak forced governments across the globe to implement strict lockdowns and banned import-export of nonessential items for most of 2021. This led to sudden fall in the availability of important raw materials.

3) Moreover, nationwide lockdowns forced manufacturing facilities to partially or completely shut their operations.

4) Adverse impacts of the COVID-19 pandemic have resulted in delays in activities and initiatives regarding development of reliable and innovative drone analytics systems globally.

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Key Findings of the Cell separation technologies market:

By product, the consumable segment occupied around 60% share of the global cell separation technologies market in 2019.

By technology, the fluorescence activated cell sorting is anticipated to grow with the highest CAGR throughout the forecast period.

Based on application, the Oncology Research segment hold the largest share in 2019 and is expected to maintain its dominance from 2020-2027.

End User wise, the biotechnology & biopharmaceutical companies segment generated the highest revenue in 2019, accounting more than three-fourth of the global market in 2019.

Asia-Pacific cell separation technologies market is anticipated to experience 17.8?GR during the forecast period.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.