Stem Cell Market at a CAGR of 15.0% Rising Enterprise Efficiency and Dominated by Top Competitors (Astellas Pharma, Athersys, Cytori Therapeutics, Fate Therapeutics, Geron, Osiris Therapeutics, Thermo Fisher Scientific) and Global Foreseen Till 2023

Marketprognosis.com Publish a New Market Research Report On “Global Stem Cell Market 2019 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Stem Cell Market:

The Global Stem Cell Market is expected to register a CAGR of 15.0% during the forecast period of 2019 - 2023.

Stem cells are unspecialized cells, which have a remarkable property of developing into different kinds of cell types, during their early life and growth period inside the human body. When they divide, each cell has a potential to remain either the same or change into a specific cell type. Thus, under certain physiologic or experimental conditions, these cells can be induced to become tissue-specific or organ-specific with special functions.

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Stem cells found in the umbilical cord blood are being used in treating a wide range of conditions (sickle cell disease, leukemia, multiple myeloma, lymphoproliferative disorders, SCID, Tay Sachs, etc.). Expecting couples are well aware that the birth of their child is the only chance to collect and store these valuable stem cells, which can be used to treat over 80 diseases. With over one million cord blood units in private storage, and continued support from the medical community and governments across the world, many researchers believe usage of umbilical cord cells for treatment will become a standard course.

Currently, there is an increase in the number of clinical trials for testing future treatment possibilities of cord blood. Over 200 National Institutes of Health (NIH) funded clinical trials with cord blood are currently being conducted in the United States alone. In the United Kingdom, a petition has been submitted to increase the awareness of umbilical cord cells. In the United States, CordBloodAwareness.org was created out of a need to increase awareness about the life-saving power of umbilical cord blood stem cells. Through raising awareness, the hope is that more families will choose to donate so that ultimately more patients can be treated with umbilical cord blood stem cells, at the same time that research utilizing these cells progresses. This is driving the stem cell market.

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In 2017, the United States stem cell market held the largest share in North America due to the presence of high-quality healthcare systems and modern medical technology in the country. Additionally, the growing importance of stem cell in public is likely to contribute towards the growth of the stem cell market.

Major Key Players:

1 Astellas Pharma

2 Athersys

3 Cytori Therapeutics, Inc.

4 Fate Therapeutics Inc.

5 Geron Corporation

6 Osiris Therapeutics, Inc.

7 Pluristem Therapeutics Inc.

8 Thermo Fisher Scientific and More………….

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This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What is driving this market?

4 What are the challenges to market growth?

5 Who are the key vendors in this market space?

6 What are the market opportunities and threats faced by the key vendors?

7 What are the strengths and weaknesses of the key vendors?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Stem Cell Market.

Table of Contents:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Key Inferences

5 Market Overview

6 Drivers, Restraints, Opportunities and Challenges Analysis (Droc)

7 Market Segmentation

8 Competitive Landscape

9 Key Players

10 Future Outlook of the Market

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This release was published on openPR.