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iPSCs Manufacturing Services Market Growth and Restrain Factors Analysis Report

02-13-2024 06:00 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Insightace analytic

iPSCs Manufacturing Services Market Growth and Restrain

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the " Global iPSCs Manufacturing Services Market by (Applications (Research Products, Drug Development & Discovery, Cellular Therapy, Toxicology Screening, Personalized Medicine, Disease Modelling, Stem Cell Banking, and Emerging Applications), End-user (Pharmaceutical & Biotechnology Companies, Academic institutes, Research Laboratories & CROs, Hospitals & Surgical Centres, Cell & Tissue Banks, and Other End Users)) - Trends, Industry Competition Analysis, Revenue and Forecast To 2031."

The iPSCs Manufacturing Services Market Size is valued at 1095.8 Million in 2022 and is predicted to reach 2994.6 Million by the year 2031 at a 12.19 % CAGR during the forecast period for 2023-2031.

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iPSCs are epidermis or blood cells that have been reprogrammed to become pluripotent. They are somatic cells that have been reprogrammed using various transcription factors. These cells can self-renewal and differentiate into any of the 220+ types of human cells. iPSC has distinct advantages over other forms of stem cells. iPSCs are used to produce regenerative pharmaceuticals, wound healing models, and patient-specific cells that can be transplanted to the site of injury or tissue degeneration caused by various diseases. iPSC possesses many essential properties, including using abundant donor somatic cells, eliminating histocompatibility issues with donor/recipient transplants, and its application in drug discovery and developmental research.

The iPSCs manufacturing market is primarily driven by personalized medicine research and production and the expanding use of regenerative medicines. Increasing research and development trials on cardiac syndromes and neuropathies will contribute to expanding the market. The automated platform boosts the development of the iPSC manufacturing industry by reducing costs and increasing output, and new expansions and strategic partnerships support it. In addition, clinical trials and research on conditions such as Parkinson's disease, anaemia, and cardiac syndromes will facilitate the production of iPSCs. Adopting an automated infrastructure to produce iPS cells will enhance the market by reducing expenses and boosting output. Ncardia established CellisticTM in April 2022, intending to concentrate its induced pluripotent stem cell (iPSC) capabilities on developing and producing cell therapies.

Nevertheless, costly therapies and uncertainty in differentiated tissues will soon impede the production of iPSCs. In addition, mass production processes and methods continuously evolve, which may inhibit growth over the forecast period.

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Due to rapid research on neuropathies, cardiac diseases, and personalized medication production is anticipated that North America will lead the manufacturing services market over the forecast period, followed by Europe. In addition, substantial funding for research and development in iPSC manufacturing will contribute to the expansion.

Significant market key players are I Peace Inc., Lonza Group AG, Axol Bioscience Ltd., FUJIFILM Cellular Dynamics, Inc., Ncardia, Cynata Therapeutics Limited, Evotec SE, Celogics Inc, Catalent, Inc, CCRM, Applied StemCell Inc. (ASC), RoslinCT, Takara Bio Inc, Thermo Fisher Scientific, Inc, Other Prominent Player

Key Developments in the market:
• In April 2022, Ncardia launched a new business, Cellistic™, to focus Ncardia's induced pluripotent stem cell (iPSC) expertise on cell therapy development and manufacturing. The expansion is to focus dedicated resources and capabilities to address the growing need for iPSC cell therapy solutions, including developing robust cell-specific manufacturing platforms.
• In Nov 2020, FUJIFILM Cellular Dynamics and Lonza signed an agreement that enables drug developers to leverage both companies' expertise and technologies to generate iPSCs through licensing agreements.
• In May 2021, BlueRock Therapeutics, FUJIFILM Cellular Dynamics, and Opsis Therapeutics announced a strategic R&D association to discover and develop cell therapies for eye diseases. The companies will merge their collective expertise to discover and develop off-the-shelf iPS cell therapies for ocular diseases.
• In Oct 2020, Axol Biosciences announced the expansion of its service offering, with the introduction of multi-electrode array (MEA) screening for human induced pluripotent stem cell (hiPSC)-derived cells. This expansion supports pre-clinical research by optimizing human iPSC-derived cell culture while providing high-quality electrophysiological data acquisition and analysis from physiologically relevant human cell models.

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Global iPSCs Manufacturing Services Market, by By Applications, 2022-2030 (Value US$ Mn)
• Research Products
• Drug Development & Discovery
• Cellular Therapy
• Toxicology Screening
• Personalized Medicine
• Disease Modelling
• Stem Cell Banking
• Emerging Applications

Global iPSCs Manufacturing Services Market, by End-user, 2022-2030 (Value US$ Mn)
• Pharmaceutical & Biotechnology Companies
• Academic institutes, Research Laboratories & CROs
• Hospitals & Surgical Centres
• Cell & Tissue Banks
• Other End Users

Global iPSCs Manufacturing Services Market, by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

North America iPSCs Manufacturing Services Market, by Country, 2022-2030 (Value US$ Mn)
• U.S.
• Canada
Europe iPSCs Manufacturing Services Market, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific iPSCs Manufacturing Services Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America iPSCs Manufacturing Services Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa iPSCs Manufacturing Services Market, by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa

Why should buy this report:
> To receive a comprehensive analysis of the prospects for the global iPSCs Manufacturing Services Market
> To receive an industry overview and future trends of the iPSCs Manufacturing Services Market
> To analyze iPSCs Manufacturing Services Market drivers and challenges
> To get information on the iPSCs Manufacturing Services Market size (Value US$ Mn) forecast to 2030
> Significant investments, mergers & acquisitions in the iPSCs Manufacturing Services Market industry

For More Information @ https://www.insightaceanalytic.com/report/global-ipscs-manufacturing-services-market/1223

Other Related Reports Published by InsightAce Analytic:
Global Allogeneic Cell Therapy Manufacturing Market
Global Stem Cell Exosome Therapeutic Market
Global mRNA Synthesis and Manufacturing Services Market
Global Immuno-Oncology Cell Therapy Market
Global Allogeneic Cell Therapies Market

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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

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