Cell Lysis Market Outlook: Trends, Opportunities, and Challenges
The global cell lysis market size is projected to reach USD 4.1 billion by 2026 from USD 2.9 billion in 2020, at a CAGR 7.2% from 2021 to 2026. The growth of this market is driven by increasing government funding for research, high prevalence of diseases, and growing focus on personalized medicines
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Opportunity: Growing opportunity in emerging markets
Emerging
countries such as China, Brazil, Mexico, and India present significant
opportunities for players in the cell lysis market. The major reasons
for this are the increasing prevalence of chronic diseases, improvements
in infrastructure facilities for research, and favorable legislation
for cell-based research in emerging countries. Due to this, key industry
players strengthen their presence in emerging countries like China by
establishing new facilities and R&D and innovation centers in the
region.
Challenge: Survival of small players and new entrants
The
survival of small players and new entrants in the cell lysis market is a
significant challenge. Huge investments are required for the R&D
and launch of innovative products in the market. Thus, to remain
competitive in the market, companies have to invest heavily. Moreover,
market players have to reduce operational costs to successfully survive
in the market, which is very difficult for small players and new
entrants.
The cell lysis market is highly consolidated and is
dominated by various players. The major players operating in this market
are Thermo Fisher Scientific (US), Merck KGaA (Germany), Becton,
Dickinson and Company (US), Danaher Corporation (US), Bio-Rad
Laboratories (US), Miltenyi Biotec (Germany), QIAGEN (Netherlands),
Roche Diagnostics (Switzerland), Agilent Technologies Inc. (US), NZYTech
Lda (Portugal), Labfreez Instruments Group Co., Limited (China),
G-Biosciences (US), Covaris (US), Claremont BioSolutions LLC (US),
Microfluidics International Corporation (US), Parr Instrument Company
(US), BioVision Inc.(US), and Norgen Biotek (Canada).
Thermo Fisher Scientific (US)
Thermo
Fisher Scientifc (US) held the leading position in the cell lysis
market in 2020. Thermo Fisher offers an exhaustive product portfolio
consisting of various cell lysis products, such as reagents, kits, and
media. The company believes in both organic and inorganic growth for
enhancing its market position such collaboration, acquisition and
expansion. For instance, in 2020, Thermo Fisher Scientific entered
collaboration with Northeastern University To advance analytical
capabilities and accelerate innovation across the biopharmaceutical
industry in personalized medicine, monoclonal antibodies, and gene and
cell therapies. Furthermore, the company is innovation-centric and
invests heavily in R&D to maintain its market share..
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North America accounted for the largest share of the cell lysis inudstry.
Based
on the region, the cell lysis market is segmented into North America,
Europe, Asia Pacific, and the Rest of the World (RoW). In 2020, North
America accounted for the largest share of the global market. The large
share of North America can be attributed to factors such as growing stem
cell and cancer research activities and the expanding biotechnology
& pharmaceutical industries
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