Press release
Global Stem Cell Therapy Market Manufacturers Insights to Study Capacity, Cost Estimation, Value, Share and New Development in future till 2023
Some of the key players are Osiris Therapeutics, Inc. (US), MEDIPOST Co., Ltd. (South Korea), Anterogen Co., Ltd. (South Korea), Pharmicell Co., Ltd. (South Korea), Holostem Terapie Avanzate S.r.l. (Italy), JCR Pharmaceuticals Co., Ltd. (Japan), NuVasive, Inc. (US), RTI Surgical, Inc. (US), and AlloSource (US), and Thermo Fisher Scientific Inc
However, factors such as, difficulty in collection and storage procedures of somatic stem cells, chances of cross contaminations, shortage of skilled labor expensive procedures and regulatory complications are expected to restrict the market growth during the forecast period.
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This approach has great potential in preventing or halting several neurodegenerative diseases like Alzheimer’s. According to the Alzheimer's Association in 2018, 5.7 million Americans are affected by Alzheimer’s disease. Thus, such a high incidence of neurological diseases and increasing government funding enhances the growth in this market.
The global stem cell therapy market is segmented on the basis of type, therapeutic application, cell source, and end user.
The stem cell therapy market, by type, is sub-segmented into
Allogeneic
and Autologous.
On the basis of therapeutic application, the market is categorized into
medicine,
cardiovascular diseases,
bone regeneration,
neurodegenerative
disorders,
wound healing,
treatment of eyes,
hematopoietic disorders,
metabolic disorders,
cancer,
immunodeficiency,
and diabetes.
Cell source is further sub-segmented into
adipose tissue,
bone marrow,
neural,
embryo/cord blood-derived,
On the basis of end-user, the market is segmented into
biotechnology companies,
hospitals & research institutes,
contract research organizations and stem cell banks.
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By region, the global market is segmented on the basis of Americas, Europe, Asia-Pacific (APAC), and the Middle East & Africa (MEA).
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In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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