Global Stem Cells Market Size By Product, By Therapy, By Application, By Geographic Scope And Forecast
Published on: 2024-08-08 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Stem Cells Market Size By Product, By Therapy, By Application, By Geographic Scope And Forecast
Stem Cells Market Size And Forecast
Stem Cells Market size was valued at USD 8.91 Billion in 2020 and is projected to reach USD 16.08 Billion by 2028, growing at a CAGR of 7.67% from 2021 to 2028.
The rising knowledge of stem cell therapy, surging demand for stem cell banking, development of the pharmaceutical industry, and growing focus on the treatment of neurological illnesses and cerebrovascular diseases is expected to drive the global Stem Cell Therapy Market during the forecasted period. Additionally, rising investment, increasing breakthroughs in stem cell therapy research, expanding demand for stem cell therapy procedures, and a growing focus on customized medications are anticipated to further propel the global Stem Cell Therapy Market in the coming year. The Global Stem Cell Therapy Market report provides a holistic evaluation of the market. The report provides the depth analysis of the key market segments, trends, drivers, restraints, competitive environment, and factors that are significantly influencing the market.
Global Stem Cells Market Definition
Stem cells are the body’s raw materials from which all other cells with specialized functions are generated. Under the right conditions in the body or a laboratory stem cells divide into form more cells called daughter cells These daughter cells either become new stem cells or become specialized cells with a more specific function such as blood cells, brain cells, heart muscle cells, or bone cells.
In multicellular organisms stem cells are undifferentiated or partially differentiated cells. They are found in both embryonic and adult organisms but possess slightly different properties in each. They are usually distinguished from progenitor cells which cannot divide indefinitely and precursor or blast cells which are usually committed to differentiating into one cell type.
Global Stem Cells Market Overview
Technological advancements in stem cell therapeutics promise to escalate the market growth of this segment during the forecasted period along with increasing demand for biologics. Growing emphasis on the treatment of neurological disorders contributes to the overall market expansion as well. The gaining popularity of personalized medicine propels the overall market demand of this segment for the projected period. The COVID-19 pandemic has proven to act in favor of this market and various companies are focusing on developing therapies for reducing stress related to COVID-19.
Global Stem Cells Market Segmentation Analysis
The Global Stem Cells Market is segmented on the basis of Product, Therapy, Application, And Geography.
Stem Cells Market, By Product
- Induced Pluripotent Stem Cells
- Human Embryonic Stem Cells
- Adult Stem Cells
- Very Small Embryonic Like Stem Cells
Based on Product, The market is segmented into Induced Pluripotent Stem Cells, Human Embryonic Stem Cells, Adult Stem Cells, and Very Small Embryonic Like Stem Cells. Induced Pluripotent Stem Cells are a type of pluripotent stem cell that can be generated directly from a somatic cell. Human Embryonic Stem Cells are pluripotent cells that can make any other cell in the body. They are found in very early human embryos called blastocysts. Adult Stem Cells are undifferentiated cells found throughout the body after development that multiply by cell division to replenish dying cells and regenerate damaged tissues. Very Small Embryotic Like Stem Cells represent a population of extremely small nonhematopoietic pluripotent cells that are negative for linkage.
Stem Cells Market, By Therapy
- Allogenic
- Autologous
Based on Therapy, The market is segmented into Allogenic and Autologous. Allogenic cell therapies rely on a single source of cells to treat many patients. Cells are collected from a donor sample to create a master cell bank. The master cell bank is then used as the source to create cell populations that are processed according to the demands of the specific therapy. Autologous therapy is a novel therapeutic intervention that uses an individual’s cells or tissues which are processed outside the body and reintroduced into the donor.
Stem Cells Market, By Application
- Regenerative Medicine
- Drug Discovery and Development
Based on Application, The market is segmented into Regenerative Medicine and Drug Discovery and Development. Regenerative medicines comprise neurological treatment, orthopedics, oncology, hematology, injuries, diabetes, liver disorder, and others. Neural stem cells offer the potential to replace lost tissue after nervous system injury. Stem cell therapy holds immense promise for the treatment of patients with diabetes mellitus. Research on the ability of human embryonic stem cells to differentiate into islet cells has defined the developmental stages and transcription factors involved in this process. Stem cells also play a role in the testing of the systematic toxicity of drugs.
Stem Cells Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world
On the basis of Geography, The Global Stem Cells Market is classified into North America, Europe, Asia Pacific, and the Rest of the world.
Key Players
The “Global Stem Cells Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Osiris Therapeutics, Inc., Medipost Co., Ltd., Anterogen Co., Ltd., Pharmicell Co., Ltd., HolostemTerapieAvanzateSrl, JCR Pharmaceuticals Co., Ltd., Nuvasive, Inc., RTI Surgical, Inc., and Allosource. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2017-2028 |
BASE YEAR | 2020 |
FORECAST PERIOD | 2021-2028 |
HISTORICAL PERIOD | 2017-2019 |
UNIT | Value (USD Billion) |
KEY COMPANIES PROFILED | Osiris Therapeutics, Inc., Medipost Co., Ltd., Anterogen Co., Ltd., Pharmicell Co., Ltd., HolostemTerapieAvanzateSrl, JCR Pharmaceuticals Co., Ltd. |
SEGMENTS COVERED | By Product, By Therapy, By Application, And By Geography |
CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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