Stem Cell Therapy Market 2020 Forecast & Top Companies Astellas Pharma, Cellectis, Celyad, Capricor Therapeutics, CESCA Therapeutics, DiscGenics, Takeda Pharmaceuticals, RENEURON GROUP PLC, Gamida Cell Ltd., Advanced Cellular Dynamics, Inc., NOVADIP Biosc

Worldwide Stem Cell Therapy Market report studies the industry based on one or more segments covering key players, types, applications, products, technology, end-users, and regions for historical data as well as provides forecasts for next few years.

Stem Cell Therapy Market will exceed USD 15 billion by 2025; as per a new research report.Increasing research on developing novel therapies and personalized medicines will foster stem cell therapy market growth. For instance, scientists are extensively researching on methods to regenerate healthy heart cells from placenta that can be used in patients after myocardial infarction. Thus, increasing R&D activities to promote developments in stem cell therapy will positively impact the industry growth. Orthopedic segment is anticipated to witness more than 9% growth over the forecast time frame. Substantial growth is attributed to rising accidents and trauma cases across the globe.

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Clinics segment accounted for around 35% revenue share in 2018. Clinics are equipped with advanced medical equipment and skilled professionals that enables it to provide superior quality stem cell therapies. Clinics can deliver specialized stem cell treatment in areas such as cardiovascular, oncology or orthopedics that should prove beneficial for the segmental growth. However, as the treatments offered at clinics are expensive, that may have a short term impact on the segment growth.

Allogenic stem cell therapy segment was valued around USD 3 billion in 2018 and is anticipated to expand substantially in near future. Allogenic transplant completely replaces host cells with donor cells. It also has the potential to eliminate viral reservoirs and genetic alterations. Therefore, allogenic stem cell therapies have been extensively utilized in providing treatment to patients suffering from leukemia and several other life threatening diseases. Thus, benefits offered by allogenic stem cell therapy will surge its demand, thereby propelling segment growth.

Europe is anticipated to witness around 10% growth during analysis time frame. Substantial growth is attributed to increasing prevalence of chronic diseases in the region. Moreover, the regulatory scenario for stem cell therapies is also improving gradually. Initially stringent regulations lowered the demand for stem cell therapies. However, as people started becoming aware regarding advantages associated with stem cell therapy, its adoption escalated. Above-mentioned factors fosters the regional growth.

Rising geriatric population will positively influence the industry growth in coming years. Elderly people are susceptible to degenerative diseases such as Parkinson?s and Alzheimer?s disorders. Stem cell therapies offer several benefits over the conventional therapeutic methods that raises its preference for curing degenerative diseases. Recently developed stem cell therapies generate healthy cells by replacing the defective cells through minimally invasive techniques. Therefore, geriatric population rely on stem cell therapies that proves beneficial for the industry growth.

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Prominent industry players operational in the stem cell therapy include:
o Astellas Pharma
o Cellectis
o Celyad
o ReNeuron Group
o Gamida Cell
o Capricor Therapeutics
o Cellular Dynamics
o Novadip Biosciences
o CESCA Therapeutics
o DiscGenics
o OxStem
o Mesoblast
o Takeda Pharmaceuticals

These key players adopt several initiatives such mergers, acquisitions and new product launches to sustain market position. Besides these strategies, companies also undertake promotional strategies that enhance their sales. For instance, in June 2018, CESCA Therapeutics announced exhibition at Orthobiologic Institutes ninth annual PRP and regenerative medicine symposium. This strategy was companys promotional effort in order to gain attention of customers.

Related Report:
Global Healthcare IT Market 2020 by Company, Regions, Type and Application, Forecast to 2025
The global Healthcare IT market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 12.1% in the forecast period of 2020 to 2025 and will expected to reach USD 210560 million by 2025, from USD 133350 million in 2019.
https://www.marketstudyreport.com/reports/global-healthcare-it-market-2020-by-company-regions-type-and-application-forecast-to-2025?utm_source=Openpr.com&utm_medium=TS

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