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The Asia-Pacific (APAC) is the fastest growing region in the global cell separation market, due to rapid development of healthcare infrastructure and increasing medical tourism.
As per market report published by Transparency Market Research (TMR) in 2012, stem cells research and cancer research comprised approximately 52 percent of the overall cell separation technologies market.
Global rise in research activities in the field of stem cells and cancer, due to rapidly increasing prevalence worldwide, and predictable benefits of stem cells in medical industry have flourished the demand for cell separation technologies.
"North America is expected to retain its dominance from 2012 to 2019. Rapid adoption of advanced technologies and well-defined regulatory framework are major factors which will drive the North American cell separation technologies market," emphasized Ms Snehal Deshmukh, a senior research analyst at TMR.
APAC is a lucrative market for cell separation technologies. However, emerging economies in this region will play a key role in the development of cell separation technologies market.