Market Forecast By Countries (Brazil, Mexico, Argentina, Rest Of Latin America), By Origin (Human Primary Cells, Animal Primary Cells), By Type (Hematopoietic Cells, Dermatocytes, Gastrointestinal Cells, Hepatocytes, Lung Cells, Renal Cells, Heart Cells, Other), By End User (Life Science Research Companies, Research Institutes) And Competitive Landscape
According to 6Wresearch, Latin America Primary Cell Market size is anticipated to register growth during 2021-27. Contamination of the cells in laboratories is one of the major problems in the primary cells market. This contamination of cell not only jeopardize the cell physiology but also cause the loss of unique cell lines. Furthermore, this leads to slow down the cell metabolism eventually affects the final results of the products such as vaccines, which can destroy the entire batch. Due to this, companies limit their investments in cell-based research and consider alternative methods for drug screening. The economic and social burden of the COVID-19 pandemic has prompted government bodies globally to increase support for vaccine development, which has led to an increase in the adoption rates of primary cells for the research. The WHO has declared the outbreak a pandemic and has increased funding for research into the virus. In 2019, Latin America accounted for the biggest share within the primary cells market. Due to this, the expansion within the Latin America primary cells market is credited for increasing various competitors for launching new human primary cells for analysis, enlargement of the pharmaceutical and biotechnology industries, growing to specialize in R&D, and increasing prevalence of cancer within the region
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