Press release
Stem Cell Market 2020 – Impact of COVID-19, Future Growth Analysis and Challenges | Anterogen Co., Ltd, Mesoblast Ltd, Osiris Therapeutics, Inc, AlloSource
Stem Cell Market
The global stem cell market is expected to grow from $19.7 billion in 2019 to $23 billion in 2020 at a compound annual growth rate (CAGR) of 16.6%. The growth of this market is mainly due to increasing investment of government bodies for research & development activities to enhance the utilization of cancer stem cells for the treatment of cancer cells. The market is then expected to recover and grow at a CAGR of 13.2% from 2021 and reach $33.2 billion in 2023.
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The stem cell market consist of sales of stem cells products such as human embryonic stem cell, induced pluripotent stem cell and adult stem cell. Stem cells are the autologous or allogenic cells that can grow into many types of cells in in-vivo and in-vitro environment. Stem cells therapy is designed to aid physician in performing medical treatment of neurodegenerative diseases, diabetes and heart disease.
The low acceptance rate for stem cell therapy treatments is restraining the growth of the stem cell market. The acceptance rate is particularly low in the Embryonic stem cell therapeutics. Most of these stem cell therapies are yet to be proven in clinical trials and are highly experimental. Due to the nature of these unproven treatments, patients are reluctant to take up these therapies as they present serious health, personal and financial issues
Stem Cell Market Segmentation:
By Source
1.Autologous
2.Allogeneic
By Product Type
1.Adult Stem Cell
2.Human Embryonic Stem Cell
3.Induced Pluripotent Stem Cell and Others
By Application
1.Regenerative Medicine
2.Drug Discovery and Development
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Few Points From Table Of Content
1. Executive Summary
2. Stem Cell Market Characteristics
3. Stem Cell Market Size And Growth
4. Stem Cell Market Segmentation
5. Stem Cell Market Regional And Country Analysis
...
25. Stem Cell Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Stem Cell Market
27. Stem Cell Market Trends And Strategies
28. Stem Cell Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the stem cell market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the stem cell market are Anterogen Co., Ltd, Mesoblast Ltd, Osiris Therapeutics, Inc, AlloSource, Cellular Engineering Technologies, BIOTIME, INC, Astellas Pharma US, Inc, Vericel, RTI Surgical, Inc,
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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