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Global Stem Cell Therapy Market Research Report Forecast to 2022 | Key Players - Osiris Therapeutics, Inc., RTI Surgical, Inc., MEDIPOST Co., Ltd.

05-27-2022 10:46 AM CET | Health & Medicine

Press release from: VynZ Research

Stem Cell Therapy Market

Stem Cell Therapy Market

The global stem cell therapy market is anticipated to grow at 11.6% CAGR during 2021-2027 and reach USD 254.5 billion by 2027 owing to the increased stem cell research activities, increased approval of GMP-certified facilities to develop stem cells.

The rising demand for iPSCs which is a substitute to ESC s and the rising demand for cell & gene therapies will propel the growth of the stem cell therapy market.

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Furthermore, an increased number of clinical studies, rising pharmaceutical industry, increased demand for stem cell banking, the increased emphasis for the treatment of neurological illness and cerebrovascular diseases, and increasing focus on personalized medicine will further augment the growth of the stem cell therapy market.

COVID-19 Outbreak:

The COVID19 outbreak has provided opportunities for stem cell therapy. There are several clinical studies of stem cell-based regenerative medicine conducted for patients with COVID19. Clinical trials are seen as an irreplaceable aspect of the pharmaceutical industry and are of utmost hope for patients suffering from illness.

Market Segmentation:

Based on type, allogeneic stem cell therapy dominates the stem cell therapy market owing to its ease in manufacturing and production processes and the increased availability of new stem cell products in various geographic locations. Furthermore, the allogeneic is highly adopted in cancer treatment owing to its graft vs cancer impact.

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Regional Coverage:

North America dominates the stem cell therapy market owing to the increased public-private funding, and grants granted to develop safe and effective stem cell therapy products, the rising number of cancer cases, and an increasing number of clinical trials will fuel the growth in the region. Furthermore, stem cell therapy has a lucrative approach to treat COVID-19 which will further drive the growth in the region.

Recent News:

In June 2021, AlloSource has founded Essent Biologics so as to provide stem cell offerings for biopharma and cell therapy research.

Key Players:

The prominent players in the stem cell therapy industry include Osiris Therapeutics, Inc., RTI Surgical, Inc., MEDIPOST Co., Ltd., Nuvasive, Inc., Pharmicell Co., Ltd., Holostem Terapie Avanzate Srl, JCR Pharmaceuticals Co., Ltd., Anterogen Co., Ltd., and Allosource.

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Explore more related research report published by VynZ Research:

Global Stem Cell Banking Market - Analysis and Forecast (2021-2027)
https://www.vynzresearch.com/healthcare/stem-cell-banking-market

Global 3D Cell Culture Market - Analysis and Forecast (2021-2027)
https://www.vynzresearch.com/healthcare/3d-cell-culture-market

Global Cell Signaling Market - Analysis and Forecast (2021-2027)
https://www.vynzresearch.com/healthcare/cell-signaling-market

Global Cell Isolation Market - Analysis and Forecast (2021-2027)
https://www.vynzresearch.com/healthcare/cell-isolation-market

Contact Us:

VynZ Research
Call: +91-996-028-8381
Toll-Free (U.S. and Canada): +1-888-253-3960
Email: support@vynzresearch.com

About VynZ Research:

VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. VynZ Research has a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies.

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