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Stem Cell Manufacturing Market Analysis,Demand,Trends and Forecast 2023-2032| Thermo Fisher Scientific, Merck Millipore, Stemcell Technologies, Fujifilm Holdings Corporation, Takara Bio Group
Stem Cell Manufacturing Market Share
The Business Research Company's Stem Cell Manufacturing Global Market Report 2023 identifies The rise in geriatric population as the major driver for the stem cell manufacturing market's growth in the forecast period. The geriatric population refers to older adults who are 65 years old and beyond. The geriatric population suffers from various diseases due to low immunity and age. Aging increases the risk of chronic diseases and stem cell manufacturing will help in fighting against these diseases.
The global stem cell manufacturing market size is expected to grow from $14.36 billion in 2022 to $15.81 billion in 2023 at a compound annual growth rate (CAGR) of 10.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global stem cell manufacturing market size is expected to grow to $23.14 billion in 2027 at a CAGR of 10.0%.
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Major competitors in the stem cell manufacturing market are Thermo Fisher Scientific, Merck Millipore, Stemcell Technologies, Fujifilm Holdings Corporation, Takara Bio Group, Lonza Group AG, Sartorius AG, Bio-Rad Laboratories, Becton Dickinson and Company, Bio-Techne Corporation, Miltenyi Biotec, Terumo BCT Inc., Corning Inc., Eppendorf AG, and ViaCyte Inc.
A key trend in the stem cell manufacturing market includes Technological advancement. Various stakeholders in the market are focusing on leveraging advanced technologies to sustain in the market. For instance, in September 2021, Cellino, a US-based biotech company specializing in stem cell manufacturing, combined AI, machine learning, hardware, software, and lasers to increase yields while lowering expenses related to the production of human cells. The method can eliminate human annotation and the unpredictability by using machine learning and AI.
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The stem cell manufacturing market is segmented -
• By Product: Consumables, Instruments, Stem Cell Lines
• By Application: Research Applications, Clinical Application, Cell and Tissue Banking Applications
• By End User: Pharmaceutical And Biotechnology Companies, Academic Institutes, Research Laboratories And Contract Research Organizations, Hospitals And Surgical Centers, Cell And Tissue Banks, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the stem cell manufacturing market.
The Business Research Company's "Global Stem Cell Manufacturing Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Stem Cell Manufacturing Market Include:
1. Executive Summary
2. Stem Cell Manufacturing Market Characteristics
3. Stem Cell Manufacturing Market Trends And Strategies
4. Stem Cell Manufacturing Market - Macro Economic Scenario
5. Stem Cell Manufacturing Market Size And Growth
………..
26. Africa Stem Cell Manufacturing Market
27. Stem Cell Manufacturing Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Stem Cell Manufacturing Market
29. Stem Cell Manufacturing Market Future Outlook and Potential Analysis
30. Appendix
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