Press release
Human Embryonic Stem Cells Market Competitive Dynamics & Global Outlook 2019
The global human embryonic stem cells market is categorized on the basis of following applications:
Toxicology testing
Tissue engineering
Regenerative medicines
Stem cell biology research
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Currently, North America dominates the global human embryonic stem cells market and is followed by Europe due to high prevalence of cardiac and malignant diseases. Developing nations of Asia, Middle East and Latin America are also expected to show rapid growth in this market due to increasing medical tourism and the flourishing contract research outsourcing market in these regions.
The major factors driving the demand for human embryonic stem cells include extensive therapeutic research activities in this field, rapid growth in medical tourism, emerging stem cell banking services. Additionally, increase in incidences of cardiac and neurological disorders around the world owing to the stressful lifestyle and receipt of funds from various organizations will also propel the growth of this market.
Some of the key players contributing to the human embryonic stem cells market include Australian Stem Cell Centre, BD Biosciences, Cellartis AB, Millipore Corporation, Geron Corporation, Invitrogen Corporation, Viacyte, Inc., R&D Systems, Inc., SA Biosciences Corporation, Tataa Biocenter, Thermo Scientific and Vitrolife AB.
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
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