NEW YORK, Oct. 23, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The Global Human Platelet Lysate Market size is estimated to grow by USD 0.011 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 3.64% during the forecast period. Rising prevalence of chronic diseases is driving market growth, with a trend towards growing investments in stem cell research. However, stringent regulations and quality control requirements for human-derived products poses a challenge – Key market players include Amerigo Scientific, AventaCell BioMedical Corp. Ltd., BioLife Solutions Inc., Compass Biomedical Inc., Creative Biolabs, GeminiBio, Macopharma SA, Merck KGaA, Mill Creek Life Sciences Inc., MP Biomedicals Inc., PAN-Biotech GmbH, PL BioScience GmbH, Regenexx Des Moines, Sartorius AG, Sartorius CellGenix GmbH, Serana Europe GmbH, STEMCELL Technologies Inc., TCS Biosciences Ltd., TRINOVA BIOCHEM GmbH, and ZenBio Inc..
Technavio has announced its latest market research report titled Global human platelet lysate market 2024-2028
Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View the snapshot of this report
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Human Platelet Lysate Market Scope |
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Report Coverage |
Details |
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Base year |
2023 |
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Historic period |
2018 – 2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 3.64% |
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Market growth 2024-2028 |
USD 11.06 th |
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Market structure |
Fragmented |
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YoY growth 2022-2023 (%) |
3.48 |
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Regional analysis |
North America, Europe, Asia, and Rest of World (ROW) |
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Performing market contribution |
North America at 43% |
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Key countries |
US, UK, and China |
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Key companies profiled |
Amerigo Scientific, AventaCell BioMedical Corp. Ltd., BioLife Solutions Inc., Compass Biomedical Inc., Creative Biolabs, GeminiBio, Macopharma SA, Merck KGaA, Mill Creek Life Sciences Inc., MP Biomedicals Inc., PAN-Biotech GmbH, PL BioScience GmbH, Regenexx Des Moines, Sartorius AG, Sartorius CellGenix GmbH, Serana Europe GmbH, STEMCELL Technologies Inc., TCS Biosciences Ltd., TRINOVA BIOCHEM GmbH, and ZenBio Inc. |
Market Driver
The human platelet lysate market is experiencing significant growth due to increasing investments in stem cell research. Stem cells, with their potential to treat various diseases, necessitate high-quality cell culture supplements for growth and differentiation. Human platelet lysate, abundant in growth factors and cytokines, is a preferred choice in this field due to its compatibility with human cells and efficient cell proliferation properties. For instance, the California Institute for Regenerative Medicine (CIRM) recently approved an USD89 million investment for stem cell and gene therapy research, with nearly USD39 million allocated to four projects in CIRM’s Clinical program. As stem cell and gene therapy advance, the demand for human platelet lysate will increase, driven by its crucial role in cell culture and regenerative medicine. Consequently, the global human platelet lysate market is expected to witness substantial growth during the forecast period, fueled by continued investments from governments, academic institutions, and biopharmaceutical companies in stem cell research.
The Human Platelet Lysate market is experiencing significant growth due to increasing trends in personalized treatment solutions. This innovative biomedical product derived from human blood platelets is gaining popularity in various industries, including orthopedics and dermatology. Animal-derived supplements are being replaced with high-quality human platelet lysate for osteoarthritis treatment and cartilage regeneration. Key players in this market include cutting-edge innovators, providing active ingredients for therapeutic applications. Manufacturing obstacles and safety regulations are being addressed with efficient cell culture techniques and safety measures. Ethical considerations and contagious diseases are also prioritized, ensuring the highest standards. Applications extend to hair regrowth treatments in clinics and cytokines for neurodegenerative disorders like Parkinson’s Disease and stem cell research. With a tailored strategy, regulatory landscape, and focus on safety and efficiency, the human platelet lysate market is poised for continued growth in the realm of regenerative medicine and tissue engineering.
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Market Challenges
The human platelet lysate market faces substantial regulatory challenges, impacting product development and commercialization. Regulatory bodies like the FDA in the US and EMA in Europe impose rigorous requirements on human-derived product collection, processing, and testing to ensure safety and efficacy. These stringent regulations add to the cost and complexity of bringing products to market. Moreover, varying requirements in different countries can complicate global market entry. Companies must also maintain consistent product quality and adhere to safety protocols, such as those outlined in the ICH guidelines. Keeping up with evolving regulations and guidelines is essential. Overall, these regulatory hurdles pose a significant challenge to the growth of the global human platelet lysate market.
The Human Platelet Lysate (HPL) market is witnessing significant growth due to its increasing applications in various clinical fields. One of the major challenges in this market is the shift towards Heparin-Free HPL, which is gaining popularity due to its compatibility with stem cell therapy and clinical trials. Heparin, a common anticoagulant used in traditional HPL, can negatively impact cell performance and reproducible results. Moreover, the market is witnessing an increasing focus on innovative treatments for chronic diseases such as cancer therapy and wound healing. Biotechnology companies are investing in the development of standardized, safe, and effective HPL for clinical applications. Pharmaceutical and healthcare facilities are exploring patent license agreements to manufacture and distribute HPL for various disease indications. Biogelx, a leading stem cell platform, is at the forefront of this trend, offering HPL for cell culture systems and tissue repair. HPL is rich in platelet-derived growth factors, which play a crucial role in cellular proliferation, angiogenesis, fibroblast proliferation, and extracellular matrix production. The market is also witnessing an increasing focus on the use of HPL in infectious diseases, drug discovery, and cell-based therapeutics. In conclusion, the Human Platelet Lysate market is a dynamic and growing industry, driven by the need for safe, effective, and reproducible results in various clinical applications, including stem cell therapy, clinical trials, chronic diseases, and tissue repair. Companies that can offer standardized and safe HPL are well-positioned to capitalize on this trend.
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Segment Overview
This human platelet lysate market report extensively covers market segmentation by
Type
1.1 Heparin free human platelet lysate
1.2 Human platelet lysate with heparin
Application
2.1 Research use
2.2 Clinical use
Geography
3.1 North America
3.2 Europe
3.3 Asia
3.4 Rest of World (ROW)
1.1 Heparin free human platelet lysate- The Human Platelet Lysate market is experiencing significant growth due to its increasing usage in various research applications, particularly in biotechnology and pharmaceuticals. This market is driven by the rising demand for advanced diagnostic tools and therapeutic treatments. Key players in this market include Thermo Fisher Scientific, Sigma-Aldrich, and Gibco. These companies provide high-quality human platelet lysate products to meet the growing demand from researchers and healthcare professionals.
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Research Analysis
The Human Platelet Lysate (HPL) market is a significant segment of the biomedical industry, playing a crucial role in regenerative medicine, cell culture techniques, and therapeutic applications. HPL is derived from human platelets and contains various cytokines, growth factors, and other bioactive molecules that promote cellular proliferation, differentiation, and healing. HPL is used extensively in stem cell research, tissue engineering, and cell therapy for chronic diseases such as Parkinson’s disease, neurodegenerative disorders, and injuries. Safety and efficiency are paramount in the production of HPL, with ethical considerations also being a significant factor. Fetal bovine serum (FBS) has traditionally been used as a supplement in cell culture, but HPL offers several advantages, including standardized, safe, and reproducible results. HPL is also heparin-free, making it an attractive alternative for pharmaceutical and healthcare facilities. The regulatory landscape for HPL is evolving, with clinical trials underway for various applications, including cancer therapy, wound healing, and infectious diseases. Innovative treatments using HPL are being explored in biotechnology, and the market is expected to grow significantly in the coming years due to its clinical applications in chronic diseases and therapeutic uses. Biogelx, for instance, is a leading provider of HPL for research and therapeutic applications, offering high-quality and consistent products for cell performance and differential potential.
Market Research Overview
The Human Platelet Lysate (HPL) market is a significant segment in the biomedical industry, playing a crucial role in regenerative medicine, cell culture techniques, and therapeutic applications. HPL is derived from platelets, which contain various bioactive compounds such as cytokines, platelet-derived growth factors, and other growth factors that promote cellular proliferation, angiogenesis, fibroblast proliferation, and extracellular matrix production. HPL is used in various clinical applications, including stem cell therapy for neurodegenerative disorders like Parkinson’s disease, chronic diseases, and innovative treatments for infectious diseases. The regulatory landscape for HPL is stringent due to safety considerations, and manufacturers must adhere to ethical guidelines and quality standards. HPL is used in biotechnology and pharmaceutical industries for drug discovery and cell-based therapeutics, as well as in healthcare facilities for wound healing, cancer therapy, and tissue repair. The market for HPL is growing due to the increasing demand for high-quality solutions for personalized treatment and the development of heparin-free HPL and innovative cell culture systems. However, manufacturing obstacles and safety regulations pose challenges to the market’s growth. Overall, the HPL market is a cutting-edge and active area of research, with potential applications in various industries and clinical indications.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
Type
Heparin Free Human Platelet Lysate
Human Platelet Lysate With Heparin
Application
Research Use
Clinical Use
Geography
North America
Europe
Asia
Rest Of World (ROW)
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
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