Research and Markets has announced the addition of the "Global Cell and Tissue Technologies Market Insights, Opportunity, Analysis, Market Shares and Forecast 2016 - 2022" report to their offering.
The global cell and tissue technology market is expected to grow at the CAGR of 6.56% during 2016-2022. The market has generated revenue more than $19 billion in 2016 and is projected to reach up to $30 billion by 2022.
Due to increasing chronic cases and inferior's diseases, increasing health industry, increasing advanced technology products and increasing government and private funding for cell based research act as the major factors which increase the market of cell and tissue technology globally. The key drivers which accelerate the market are rising cancer cases. According to World Health Organization, the cancer rate is increasing to reach to 15 million new cases by 2020.
According to WHO report, more than 1.2 million new cases are diagnosed for lung cancer worldwide, one million new cases of breast, 870000 cases of stomach, 560000 cases of cervical, 410000 cases of head and neck cancer and many more. Due to these cases, the demand of cell and tissue technology has increased.
North America has the largest market share of cell and tissue technology followed by Europe and Asia Pacific. The APAC regions have a trend of developing market and various opportunities of growth in China, Japan, Australia, and India and are likely to have huge investments for new investors in the cell and tissue technology market. Drug discovery services outsourcing and government aided funding for novel screening technologies has resulted in growth of Asian markets.
Key Topics Covered:
2. Market Overview
3. Market Determinants
4. Market Segmentation
5. Geographical Technologies
6. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/scggb7/global_cell_and
Related Topics: Biotechnology
View source version on businesswire.com: http://www.businesswire.com/news/home/20160914006181/en/Business Wire
Last updated on: 14/09/2016
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