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Mesenchymal Stem Cells Market: Cutting-Edge Insights and Comprehensive Analysis

Mesenchymal Stem Cells Global Market Report 2024

Mesenchymal Stem Cells Global Market Report 2024

The Business Research Company recently released a comprehensive report on the Global Mesenchymal Stem Cells Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

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According to The Business Research Company's, The mesenchymal stem cells market size has grown rapidly in recent years. It will grow from $3.00 billion in 2023 to $3.38 billion in 2024 at a compound annual growth rate (CAGR) of 12.5%. The growth in the historic period can be attributed to the regenerative medicine paradigm shift, collaborative research efforts, increased public awareness of stem cell research and patient advocacy, international collaboration, and standardization initiatives.

The mesenchymal stem cells market size is expected to see rapid growth in the next few years. It will grow to $5.45 billion in 2028 at a compound annual growth rate (CAGR) of 12.7%. The growth in the forecast period can be attributed to continued advancements in genetic engineering technologies, the adoption of personalized medicine approaches, the integration of artificial intelligence (AI) and data analytics, advances in biomaterials science and 3D bioprinting technologies, the development of microfluidic devices and organ-on-a-chip models, the adoption of next-generation manufacturing technologies. Major trends in the forecast period include bioprinting and tissue engineering, gene editing, clinical application expansion, combination therapies, and MSC-derived extracellular vesicles (EVs).

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Market Drivers and Trends:

The surge in the prevalence of infectious diseases is expected to drive the growth of the metagenomic sequencing market. Infectious diseases are disorders caused by pathogenic microorganisms such as bacteria, viruses, parasites, or fungi that can spread, directly or indirectly, from one person to another. The increasing prevalence of conditions that weaken the immune system, such as HIV/AIDS, cancer treatments, and autoimmune disorders, can make individuals more susceptible to infectious diseases. Metagenomic sequencing offers a powerful and versatile approach to studying infectious diseases, providing valuable insights into pathogen diversity, transmission dynamics, antimicrobial resistance, and outbreak surveillance. For instance, in July 2023, according to UNAIDS, the Switzerland-based UN program dedicated to addressing the global HIV/AIDS epidemic, the number of people with HIV currently exceeded 39 million globally, up 3.17% from 37.7 million in 2020. Moreover, in 2022, there were almost 1.3 million new cases of HIV infection recorded. Furthermore, in March 2023, according to the Centers for Disease Control and Prevention, a US-based government agency, tuberculosis (TB) cases in the US increased by 5.9% from 7,874 cases in 2021 to 8,331 cases in 2022. Therefore, the surge in the prevalence of infectious diseases is driving growth in the metagenomic sequencing market.

Major companies operating in the mesenchymal stem cells (MSCs) market are adopting innovative technologies, such as GMP-compliant isolation, to strengthen their position in the market. GMP (Good Manufacturing Practice)-compliant isolation refers to the process of isolating cells, including mesenchymal stem cells (MSCs), according to GMP regulations to ensure consistent production and control of product quality. For instance, in July 2023, PromoCell, a Germany-based biotechnology company, announced the launch of PromoExQ MSC Growth Medium XF, a serum- and xeno-free medium designed for the expansion of human mesenchymal stem cells (MSCs) in a Good Manufacturing Practice (GMP)-regulated environment. This medium is manufactured under the highest quality standards and is certified by the EXCiPACT GMP certification scheme, ensuring consistent growth and maintenance of MSCs from various sources such as bone marrow, umbilical cord matrix, and adipose tissue.

Key Benefits for Stakeholders:

• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.

Major Key Players of the Market:

Thermo Fischer Scientific Inc., Danaher Corporation, Merck KgaA, Becton, Dickinson, and Company, Fujifilm Holdings Corporation, Corning Inc., Daiichi Sankyo, Lonza Group, Terumo Corporation, Sartorius AG, Getinge AB, Bio-Rad Laboratories, Eppendorf AG, Bio-Techne Corporation, STEMCELL Technologies Inc., Miltenyi Biotec GmBH, Takara Bio Group, Organogenesis Holdings Inc., Vericel Corporation, HiMedia Laboratories, PromoCell GmbH, CellGenix GmBH, Anterogen Co. Ltd., Pluristem Therapeutics Inc., American Cryostem Corporation

Mesenchymal Stem Cells Market 2024 Key Insights:

• The mesenchymal stem cells market size is expected to see rapid growth in the next few years. It will grow to $5.45 billion in 2028 at a compound annual growth rate (CAGR) of 12.7%.
• Regenerative Medicine Driving Growth in the Mesenchymal Stem Cell (MSC) Market
• Innovative GMP-Compliant Products Strengthen The Mesenchymal Stem Cells Market
• North America was the largest region in the mesenchymal stem cells market in 2023

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The Business Research Company
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Email: info@tbrc.info

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Learn More About The Business Research Company

The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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