Global Stem Cells Market Size By Product, By Therapy, By Application, By Geographic Scope And Forecast

Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

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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.

Okay, so here's the dealwe're seeing some major growth in the global Stem Cell Therapy Market. Why? Well, people are learning more about stem cell therapy, and there's a huge demand for stem cell banking. Plus, the pharmaceutical industry is really stepping up its game. And let's not forget the increasing focus on treating those tough neurological illnesses and cerebrovascular diseases. Looking ahead, expect even more momentum, fueled by increasing investment, research breakthroughs, and a growing need for customized medications. Want the full scoop? Our Global Stem Cell Therapy Market report gives you a deep dive into the key segments, trends, what's driving and holding things back, and the competitive landscape – basically, everything that's making waves in 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

Okay, so the stem cell market is broken down by product type. You've got a few key playersInduced Pluripotent Stem Cells, which are these cool cells we can make directly from regular body cells; then there are Human Embryonic Stem Cells, the super versatile ones found in early embryos (blastocysts) that can become any cell in the body. And don't forget Adult Stem Cells, the repair crew hanging out in your body, always ready to divide and fix things up. Lastly, there are the mysterious Very Small Embryonic Like Stem Cells, a really tiny group of cells that don't fit the typical blood cell mold but still have that awesome potential. Learn more here.

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 ATTRIBUTESDETAILS
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

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