Stem Cell Therapy Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)

The global stem cell therapy market is anticipated to grow at a CAGR of 15.8% during the forecast period. The ongoing developments in stem cell therapy are key factors driving the growth of the global stem cell therapy market. For instance, in July 2022, the Louisville-based National Stem Cell Foundation (NSCF) funded the first-in-kind study of neurodegeneration on the International Space Station (ISS) with a bi-coastal team of leading experts in the fields of Parkinson's disease (PD) and multiple sclerosis (MS). The study uses organoids, 3-D aggregates of cells from PD and primary progressive MS (PPMS) patients that mimic the central nervous system, and microglia, the immune cells that have been recognized as playing a role in neurodegeneration. The project launched from Cape Canaveral on July 14 and travelled to the International Space Station for a fourth time aboard the SpaceX 25 Commercial Resupply Mission for NASA.

In June 2022, Lifespan Cancer Institute received approval to operate an autologous stem-cell therapy program at the Lifespan Cancer Institute at Rhode Island Hospital. The approval, which was granted by the State Health Services Council in a unanimous vote on June 16, will allow patients from the institute who need cancer treatments, such as stem-cell therapy which provides bone marrow transplants for patients undergoing chemotherapy, to receive care with their regular medical team.

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Market Coverage

• The market number available for - 2021-20230

• Base year- 2022

• Forecast period- 2023-2030

Segment Covered-

• By Type

• By Therapeutic Application

• By Cell Source

Regions Covered-

• North America

• Europe

• Asia-Pacific

• Rest of the World

• Competitive Landscape- Smith & Nephew plc, MEDIPOST Co., Ltd., and Anterogen Co., Ltd., among others.

Stem Cell Therapy Market Report by Segment

By Type

• Allogeneic

• Autologous

By Therapeutic Application

• Musculoskeletal

• Wound & Injury

• CVD

• Autoimmune & Inflammatory

By Cell Source

• Tissues

• Bone Marrow

• Placenta/Umbilical Cord

A full Report of Stem Cell Therapy Market is Available @ https://www.omrglobal.com/industry-reports/stem-cell-therapy-market

Stem Cell Therapy Market Report by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

• Latin America

• Middle East and Africa

Company Profiles

• Anterogen Co., Ltd.

• JCR Pharmaceuticals Co., Ltd.

• MEDIPOST Co., Ltd.

• NuVasive, Inc.

• PHARMICELL Co., Ltd.

• Smith & Nephew plc

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