Stem Cell Therapy Market Insights, Outlook and Forecast 2020 – 2027
Research Reports
Jan 20, 2021
Market Size – USD 342.7 Million in 2019, Market Growth – CAGR of 36.2%, Market trends – Technological advancement.
The stem cell therapy market is experiencing increased demand due to the rise in the number of clinical trials all over the world. Stem cells are applicable to the development of regenerative medicine, commonly used in the field of dermatology. However, the demand for stem cell applications in the oncology segment will witness the highest growth due to several pipeline projects present for the treatment of cancer or tumors.
North America will account for the largest share of the global stem cell market. The major contribution will be from the United States, and the region will witness high growth owing to the increased amount of funding by the private as well as government firms for clinical trials.
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Development of advanced genomic analysis techniques, the introduction of effective guidelines for cell therapy manufacturing, a vast amount of research by cancer societies, and the proven effectiveness of transplants are some of the primary growth stimulants for the market. Certain manufacturing and pharmacological issues and regulatory hurdles are hindering the growth of the market.
The Asia Pacific is predicted to witness a significant CAGR during the forecast period due to the higher inclination towards artificial organ transplantation in emerging economies like China and India, the rising cases of organ failures due to various chronic diseases and accidents, and improved healthcare infrastructures, among others.
Regional Scope- North America; Europe; Asia Pacific; Central & South America; MEA
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Key participants include Virgin Health Bank, Celgene Corporation, ReNeuron Group plc, Biovault Family, Precious Cells International Ltd., Mesoblast Ltd., Opexa Therapeutics, Inc., Caladrius, Neuralstem, Inc., and Pluristem, among others.
Type Outlook (Revenue, USD Million; 2017-2027)
Allogeneic Stem Cell Therapy
Autologous Stem Cell Therapy
Application Outlook (Revenue, USD Million; 2017-2027)
Regenerative Medicine
Orthopedics
Neurology
Hematology stem cells
Soft tissue injuries
Cardiovascular and myocardial infarction-based
Oncology
Diabetes
Liver Disorder
Others
Drug discovery & development
End-User Outlook (Revenue, USD Million; 2017-2027)
Clinics
Hospitals
Others
Helping you establish a strong foothold in the industry
The Stem Cell Therapy report highlights set of information related to pricing and the category of customers who are more than willing to pay for certain products and services. The information on opportunities as well as product features, determine which offerings or benefits command sale and identify the communications channels used by the market leaders to create premium positioning strategies as well as attract broadest share.
Browse the full report description @ https://www.emergenresearch.com/industry-report/stem-cell-therapy-market
The research provides answers to the following key questions:
What is the estimated size of the Stem Cell Therapy market for the forecast period, 2020 – 2027? What will be the growth rate of the industry during the estimated period?
What are the prominent driving forces likely to impact the progress of the industry across different regions?
Who are the major market players occupying a strong foothold in the Stem Cell Therapy market? What are the winning strategies adopted by them to stay ahead in the competition?
What are the potential opportunities for the Stem Cell Therapy market for the forecast period, 2020 – 2027?
What are the key trends expected to shape the development of the industry over the coming years?
What are the key restraints and challenges likely to hinder the growth of the Stem Cell Therapy market worldwide?
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