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Global Stem Cell Market Outlook, Opportunities And Strategies

November 30, 2021November 30, 2021 by The Business Research Company

Learn about the global stem cell market through The Business Research Company, which provides information on stem cell market size, stem cell market drivers and restraints, stem cell market players, the COVID-19 impact on the stem cell market, and more.

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The global stem cell market is expected to grow from $20.59 billion in 2020 to $22.87 billion in 2021 at a compound annual growth rate (CAGR) of 11.1%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The stem cell market is expected to reach $36 billion in 2025 at a CAGR of 12%.

There is an increase in the prevalence of chronic diseases worldwide which is expected to drive innovation in stem cell, thus driving the market during the forecast period.

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The stem cell market consists of sales of stem cells products such as human embryonic stem cell, induced pluripotent stem cell and adult stem cell. Stem cells are the autologous or allogenic cells that can grow into many types of cells in in-vivo and in-vitro environment. Stem cells therapy is designed to aid physician in performing medical treatment of neurodegenerative diseases, diabetes and heart disease.

Global stem cell market segments include:

By Source: Autologous, Allogeneic

By Product Type: Adult Stem Cell, Human Embryonic Stem Cell, Induced Pluripotent Stem Cell, Others

By Application: Regenerative Medicine, Drug Discovery And Development

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

Companies in the stem cell therapeutics market are focusing on development of new technologies such as the Induced Pluripotent Stem Cells (IPSC) to boost the efficiency of stem cell therapies. IPSC are obtained from blood or skin cells that are reprogrammed to an embryonic-like pluripotent state by incorporating genes that are essential for maintaining key properties and growth of an unlimited source of any kind of human cell required for stem cell therapeutic purposes. These IPSC’s are not derived from human embryos, which removes the bioethical issues, thus allowing scientists to obtain federal funding and support easily.

TBRC’s stem cell market report covers:

Major Market Players: Anterogen Co. Ltd, Mesoblast Ltd, Osiris Therapeutics Inc, AlloSource, and Cellular Engineering Technologies.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Stem Cell Global Market Report 2021: COVID-19 Growth and Change to 2030 is one of a series of new reports from The Business Research Company that provides stem cell market overviews, analyzes and forecasts market size, share, stem cell market players, stem cell market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s stem cell market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here is a list of similar reports from The Business Research Company:

Stem Cell/Cord Blood Banking Global Market Report 2021

Cell Based Assays Global Market Report 2021

Induced Pluripotent Stem Cell (IPSC) Global Market Report 2021

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