Press release
iPSCs Manufacturing Services Market
iPSCs Manufacturing Services Market
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 2030."
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The iPSCs Manufacturing Services Market is projected to grow at a compound annual growth rate (CAGR) of 11.5% from 2022 to 2030, from its estimated US$ 1009.00 million in 2021 to US$ 2611.94 million by 2030, according to the most recent market research.
Skin or blood cells are used to create induced pluripotent stem cells (iPSCs). Several transcription factors have been used to reprogram these cells from somatic cells. These cells can self-renew and differentiate into any of the more than 220 different typesof human cells. Compared to other forms of stem cells, iPSC offers some advantages. Regenerative medications, wound healing models, and patient-specific cells that can be transplanted to the site of damage or tissue degeneration brought on by a variety of medical disorders are all made using iPSCs. Utilizing a large numbers of donor somatic cells, avoiding donor/recipient transplant histocompatibility problems, and using iPSC for drug discovery and developmental research are only a few of its crucial characteristics.
Research and development in personalized medicine, as well as the wider use of regenerative treatments, are key drivers of the market for iPSC manufacturing. Growing cardiac syndrome and neuropathy research and development trials will support market expansion. The automated platform lowers costs and increases output, which helps the iPSC manufacturing industry flourish. It is also supported by new expansions and strategic partnerships. Additionally, Studies and clinical trials on conditions like anemia, cardiac syndromes, and Parkinson's disease will support the creation of iPSCs. By reducing expenses and raising efficiency, the use of an automated platform in iPS cell production would enhance the market. In order to concentrate its induced pluripotent stem cell (iPSC) capabilities on the discovery and manufacturing of cell therapies, Ncardia established CellisticTM in April 2022.
However, the Creation of iPSCs may soon be hampered by costly treatments and ambiguity in differentiated tissues. Additionally, technologies and processes for mass production are constantly evolving, which could impede growth during the projection period.
Due to rapid research on neuropathies, cardiac conditions, and the manufacture of personalized medicines, North America is anticipated to lead the manufacturing services market regionally over the projected period, followed by Europe. The rise will also be attributed to significant support for iPSC manufacturing development.
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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 Players
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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Segmentation
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
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
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
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About Us:
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 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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