Stem Cell Therapy Market Growth and key Industry Players 2022 Analysis and Forecasts to 2028

Market Study Report has recently added a report on Stem Cell Therapy Market which provides a succinct analysis of the market size, revenue forecast, and the regional landscape of this industry. The report also highlights the major challenges and current growth strategies adopted by the prominent companies that are a part of the dynamic competitive spectrum of this business sphere.

Request Sample copy of this Report @ https://www.marketstudyreport.com/request-a-sample/5587009/

Market Structure and Competition Landscape

The growth of the global stem cell therapy market is characterized by the presence of players operating in the market. Some of the players operating in the market include Celgene Corp. (Bristol Myers Squibb), ReNeuron Group PLC, BioTime Inc., Mesoblast Ltd., Seneca Biopharma Inc., Opexa Therapeutics Inc., Pluristem Therapeutics Inc., STEMCELL Technologies Inc., ThermoGenesis Holdings Inc., Astellas Pharma Inc., and Caladrius Biosciences Inc. among others. To grow their business, companies use techniques including new product launches, mergers and acquisitions, partnership and collaborations, etc.

The global stem cell therapy market is projected to grow at a CAGR of over 8% during the forecast period. The market growth is attributed to the rising prevalence of rare genetic illnesses. Rare disorders such as thalassemia, cystic fibrosis, and others affect millions of individuals each year. According to World Health Organization (WHO), chronic diseases cause 41 million mortalities every year, equivalent to 71% of all mortalities globally. Furthermore, developments in stem cell therapies that improve the pace of recovery in cancer patients are projected to increase their demand. Significant government funding and initiatives for regenerative medicine research and development activities in the developed region will further drive the market growth.

For More Details on This Report @ https://www.marketstudyreport.com/reports/global-stem-cell-therapy-market-investment-growth-opportunity-analysis-2019-2028

Market Segmentation

The global stem cell therapy market has been analyzed on the basis of product, therapy type, technology, therapeutic application, end use, and region. Based on the product, the market is segmented into adult stem cells (ASCs), human embryonic stem cells (HESCs), induced pluripotent stem cells (iPSCs), and very small embryonic-like stem cells. Among these, ASCs segment is estimated to hold a prominent share in the market. Based on therapy type, the market is segmented into allogeneic stem cell therapy and autologous stem cell therapy. Among these, allogeneic stem cell therapy is estimated to hold a prominent share in the market.

Based on technology, the market is segmented into cell acquisition, cell production, cryopreservation, and expansion and sub-culture. Among these, cell production is estimated to grow at a significant rate during the forecast period. Based on therapeutic application, the market is segmented into oncology, orthopedic, neurology, cardiovascular & myocardial infraction, hematology, and others. Among these, oncology segment is estimated to hold a prominent share while neurology is projected to exhibit remarkable growth during the forecast period. Further, on the basis of end use, the market covers the analysis of hospitals and research organization. Geographically, the market is analyzed into North America, Western Europe, Eastern Europe, Asia Pacific, Latin America, and Middle East & Africa.

In March 2021, NOVADIP Biosciences S.A. received FDA approval for its Investigational New Drug (IND) application for its autologous cell treatment product NVD-003. This strategy is expected to boost their market position by improving their product offerings and expanding their consumer base.

In April 2020, Seneca Biopharma Inc. announced the completion of its new cell manufacturing facility in Suzhou, China. The company will manufacture NSI-566 in this new facility, which is the company's leading stem cell therapy.

Questions And Answers: Global Stem Cell Therapy Market

Q1. What is the CAGR that the Stem Cell Therapy Market is expected to register through the projected duration?

Answer: The Stem Cell Therapy Market is likely to register a CAGR of 8% over the forecast period.

Q2. Which Are the Key Players in Global Stem Cell Therapy Market?

Answer: Celgene Corp. (Bristol Myers Squibb), ReNeuron Group PLC, BioTime Inc., Mesoblast Ltd., Seneca Biopharma Inc., Opexa Therapeutics Inc., Pluristem Therapeutics Inc., STEMCELL Technologies Inc., ThermoGenesis Holdings Inc., among others are the leading players in worldwide Stem Cell Therapy Market.

To Purchase This Report: https://www.marketstudyreport.com/securecheckout/paymenta/5587009?msfpaycode=sumsf

Contact Us:

Ritesh Tiwari
Head - Press and Media
Email: sales@marketstudyreport.com
Phone: 1-866-764-2150
MarketStudyReport.com

About Us:

Market Study Report is a hub for market intelligence products and services.

We streamline the purchase of your market research reports and services through a single integrated platform by bringing all the major publishers and their services at one place.

Our customers partner with Market Study Report, to ease their search and evaluation of market intelligence products and services and in turn focus on their company's core activities.

If you are looking for research reports on global or regional markets, competitive information, emerging markets and trends or just looking to stay on top of the curve then Market Study Report, is the platform that can help you in achieving any of these objectives.

This release was published on openPR.