Market human platelet lysate 2022
Increasing funding for research and development activities, an increasing number of research centers and growing partnerships between research centers, biotechnology companies and academic institutes for basic research are the prominent driving factors for growth The market for human platelet lysates .
Also, the growing demand for animal-free serum media is a key catalyst for the growth of the human platelet lysates market. Human platelet lysates, a growth supplement for in vitro cell culture, are a suitable alternative to fetal bovine serum, and are expected to find application in various drugs. The global human platelet lysates market is set to advance in A decent CAGR of around 4% During the period of 2019 to 2029.
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Company profiles
- Merck KGaA
- Compass Biomedical Inc.
- Macopharma SA
- Cook Medical (Cook Regentec)
- Mill Creek Life Sciences LLC.
- Stemcell Technologies Inc.
- Zen-Bio, Inc.
- Sclavo Diagnostics International Srl.
- Life Science Group Limited (Life Science Group)
- Trinova Biochem Gmbh
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Key takeaways from the Human Platelet Lysate market study
- Heparin-free platelet lysates and heparinized human platelet lysates are expected to hold nearly equal revenue share in the human platelet lysates market.
- Clinical application of human platelet lysates is expected to gain significant traction, holding 90% of the revenue in the human platelet lysates market.
- Increasing research and development activities and the presence of established research institutes are contributing to North America’s dominance in the global human platelet lysates market.
- Academic and research institutes are expected to account for about 65% share of the human platelet lysates market.
“Manufacturers can focus on developing countries like India that offer significant gains in terms of revenue, through the sale of human platelet lysates at a cost-effective price,” says a PMR analyst.
Increasing life science research funding
Various governmental, private and commercial organizations are focused on increasing research and development activities for continuous innovation in the field of life sciences. These organizations provide funds for ongoing research projects and pipeline products. In 2013, about 59% of total US R&D spending was from federal funding agencies. In 2016, the National Institutes of Health reported investments of nearly $1.4 billion for stem cell research in the fields of cell biology and electrical engineering.
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Want more insights?
A new report from Persistence Market Research provides unparalleled insights into the development of the human platelet lysates market during 2014-2018, and presents demand forecasts for 2019-2029, based on product type (platelet lysates without heparin and human platelet lysates with heparin), application (research use and clinical use), and end user (academic and research institutes, biopharmaceutical companies and other applications), in various prominent regions (North America, Latin America, Europe, East Asia, South Asia. Oceania, and MEA) .
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