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Stem Cell Manufacturing Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends
Stem Cell Manufacturing Market Size
The anticipated increase in the elderly demographic is predicted to drive the stem cell manufacturing market's growth. The term 'geriatric population' generally refers to individuals who are 65 years or older. Owing to weakened immunity and advanced age, this population often suffers from a variety of diseases. The possibility of chronic diseases rises with age, and stem cell manufacturing could offer a solution to combat these illnesses. To illustrate, the Population Reference Bureau, a non-profit association based in Kenya, predicted in January 2024 that the demographic of Americans 65 and older would rise from 58 million in 2022 to 82 million by 2050, indicating a growth of 47%. The representation of this age bracket in the total population is also set to grow from 17% to 23% within the same timeframe. Therefore, the escalating elder demographic substantially contributes to the expansion of the stem cell manufacturing market.
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How will the growth rate of the stem cell manufacturing market shape industry trends by 2034?
There has been significant growth in the stem cell manufacturing market in the past few years. The market size will increase from $17.5 billion in 2024 to $19.22 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 9.8%. This expansion during the historical period can be linked to advancements in biotechnology, the establishment of research, development initiatives, clinical trials, therapeutic applications, setting up regulatory framework, and infrastructural investment.
The market size of stem cell manufacturing is predicted to witness substantial expansion in the upcoming years. The market is expected to soar to $30.27 billion by 2029, with a compound annual growth rate (CAGR) of 12.0%. The anticipated expansion during this period can be accredited to a rise in funding and investment, expanding therapeutic applications, the introduction of cell-based therapies, an increase in clinical trials and approvals, as well as personalized and patient-specific therapies. Key trends forecasted for this period include emphasis on 3D bioprinting, growth in induced pluripotent stem cells (ipscs), implementation of automation and robotics, standardization and scalability, and advancements in bioreactor technology.
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What trends are poised to drive the future success of the stem cell manufacturing market?
The advancement in technology is a significant trend noticed in the stem cell manufacturing industry. All players in this market are keen on utilizing technologically advanced tools and methods to stay competitive. As an example, Bluebird Bio Inc., a biotechnology company based in the US, gained approval from the U.S. Food and Drug Administration (FDA) for their revolutionary product ZYNTEGLO in August 2022. This one-time gene therapy is now approved for treating patients suffering from beta-thalassemia who require regular transfusion of red blood cells. An important aspect of this therapy is its ex-vivo technique, in which a modified beta-globin gene is fused into the patient's own hematopoietic stem cells. This technique allows patients to generate normal hemoglobin levels. This groundbreaking treatment aims to lessen the dependency on transfusions, considerably lightening the load of treatment for beta-thalassemia patients. The sanctioning of ZYNTEGLO is a significant marker in gene therapy, offering potential cures and improving the life quality of those afflicted.
Which primary segments of the stem cell manufacturing market are driving growth and industry transformations?
The stem cell manufacturing market covered in this report is segmented -
1) By Product: Consumables, Instruments, Stem Cell Lines
2) By Application: Research Applications, Clinical Application, Cell And Tissue Banking Applications
3) By End User: Pharmaceutical And Biotechnology Companies, Academic Institutes, Research Laboratories And Contract Research Organizations, Hospitals And Surgical Centers, Cell And Tissue Banks, Other End Users
Subsegments:
1) By Consumables: Media And Reagents, Cell Culture Vessels, Assay Kits
2) By Instruments: Bioreactors, Cell Counters, Flow Cytometers
3) By Stem Cell Lines: Embryonic Stem Cell Lines, Adult Stem Cell Lines, Induced Pluripotent Stem Cell Lines (iPSCs)
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Which geographical regions are pioneering growth in the stem cell manufacturing market?
North America was the largest region in the stem cell manufacturing market in 2024. Europe was the second-largest region in the stem cell manufacturing market. The regions covered in the stem cell manufacturing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the influential players reshaping the stem cell manufacturing market landscape?
Major companies operating in the stem cell manufacturing market include Thermo Fisher Scientific Inc., Merck Millipore, Stemcell Technologies, Fujifilm Holdings Corporation, Takara Bio Group, Lonza Group AG, Sartorius AG, Bio-Rad Laboratories, Becton Dickinson and Company, Bio-Techne Corporation, Miltenyi Biotec, Terumo BCT Inc., Corning Inc., Eppendorf AG, ViaCyte Inc., Merck KGaA, Danaher Corporation, Vericel Corporation, American Cryostem Corporation, Cellgenix GMBH, Aspen Neuroscience Inc., Magenta Therapeutics Inc, Pluristem Therapeutics Inc., Takeda Pharmaceutical Company Limited, AbbVie Inc., 3D Biomatrix Inc., Worthington Biochemical Corporation, Bico Group
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What Is Covered In The Stem Cell Manufacturing Global Market Report?
• Market Size Forecast: Examine the stem cell manufacturing market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the stem cell manufacturing market for a structured understanding.
• Key Players Overview: Analyze major players in the stem cell manufacturing market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the stem cell manufacturing market.
• Segment Contributions: Evaluate how different segments drive overall growth in the stem cell manufacturing market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the stem cell manufacturing market.
• Industry Challenges: Identify potential risks and obstacles affecting the stem cell manufacturing market.
• Competitive Landscape: Review strategic developments in the stem cell manufacturing market, including expansions, agreements, and new product launches.
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