Press release
Stem Cell Therapy Market 2024 Booming Worldwide with Higher Revenue Growth by 2031 | Advanced Cell Technology Inc, Angel Biotechnology, Bioheart Inc.
The Global Stem Cell Therapy market reached US$ 5.8 billion in 2023 and is expected to witness lucrative growth by reaching up to US$ 19.1 billion by 2031. The global stem cell therapy market is expected to exhibit a CAGR of 16.6% during the forecast period (2024-2031).DataM Intelligence has published a new research report on "Stem Cell Therapy Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Segmentation, CAGR, business revenue competitive positioning of key companies, investigating elements such as product offerings, pricing strategies, financial performance, product portfolios, growth initiatives, and geographical reach. . The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.
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The Stem Cell Therapy market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.
The Stem Cell Therapy Market refers to the industry focused on the research, development, and application of stem cell-based treatments for various medical conditions. Stem cell therapy utilizes the unique properties of stem cells-such as their ability to differentiate into various cell types and their potential for tissue regeneration-to develop innovative therapies for diseases that currently have limited treatment options.
Key Developments:
In April 2023, the FDA approved Omisirge, an allogeneic stem cell transplant therapy, making it the first treatment to receive marketing authorization based on a Phase III clinical study. This innovative therapy is designed for patients aged 12 and older with hematologic malignancies, aimed at reducing neutrophil recovery time and minimizing the risk of infections following myeloablative conditioning.
In June 2023, UC Davis partnered with Orgenesis Inc. to implement Orgenesis Mobile Processing Units and Labs (OMPULs) at various medical and academic institutions within the University of California system. These mobile units will facilitate onsite development and manufacturing of cell and gene therapies, helping to lower development costs and enhance access to affordable therapies. This collaboration aims to provide California patients with cost-effective treatment options through a phased approach utilizing a point-of-care Service Platform.
Earlier, in July 2022, CORESTEM, a South Korean company, continued participant enrollment for its Phase 3 clinical trial of NeuroNata-R, a therapy that has received conditional approval for treating ALS patients in South Korea.
Forecast Growth Projected:
The Global Stem Cell Therapy Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
List of the Key Players in the Stem Cell Therapy Market:
Advanced Cell Technology Inc, Angel Biotechnology, Bioheart Inc, Brainstorm Cell Therapeutics, Caladrius Biosciences, Celgene Corporation, Cellartis AB, CellGenix GmbH, Cellular Engineering Technologies Inc, Gamida Cell and others.
Segment Covered in the Stem Cell Therapy Market:
By Type: Allogeneic Stem Cell Therapy, Autologous Stem Cell Therapy.
By Cell Source: Adipose Tissue-derived MSCs, Bone Marrow-derived MSCs, Placental/Umbilical Cord-derived MSCs, Others.
By Therapeutic Application: Musculoskeletal Disorders, Neurodegenerative Diseases, Inflammatory and Autoimmune Disorders, Cardiovascular diseases, Others.
By End User: Hospitals, Speciality Clinics.
Regional Analysis:
The global Stem Cell Therapy Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global Stem Cell Therapy Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Stem Cell Therapy Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Stem Cell Therapy manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Stem Cell Therapy in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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The research study aims to address the following key questions:
➡What is the expected growth rate of the Stem Cell Therapy Market during the forecast period of 2031?
➡What key factors are driving the Stem Cell Therapy Market across various regions?
➡Who are the leading vendors in the Stem Cell Therapy industry, and what strategies contribute to their success?
➡What is the anticipated market scope for the projected period?
➡What major trends are influencing the industry's growth in the coming years?
➡What challenges does the Stem Cell Therapy Market face?
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