Introduction
A biologically novel method of encapsulating living cells in a protective microenvironment is the Live Cell Encapsulation Market. This technology has become quite popular in recent years, due to the applications it could potentially make in fields such as regenerative medicine, tissue engineering and drug delivery. There are many advantages to live cell encapsulation over conventional treatments in that it shields cells from the immune system and provides controlled release conditions.
Market Overview
The live cell encapsulation market size will reach high levels of USD 2.5 billion by 2028 at a CAGR of 15.2% during the forecast period. It does so mostly because of the growing interest in regenerative medicine, the rise in biomedical research investments and encapsulation technologies.
Key Market Drivers
Regenerative Medicine:
Drug Delivery:
Tissue Engineering:
Biomedical Research:
Market Segmentation
The live cell encapsulation market can be segmented based on: