Rising Cancer Prevalence is driving lead the North America Stem Cells market.

Market Data Forecast recently published a report on the “North America Stem Cells Market” which estimates the market to grow from USD 5.38 billion from 2016 to USD 9.65 billion with a high CAGR of 12.4%.

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The allogeneic stem cell therapy is predicted to account for the largest share of the market in 2016. The market is expected to grow rapidly due to the extensive research and development being done in the sector. In the life sciences field, one of the most blooming markets at the moment is the stem cell market and is forecasted to grow exponentially in the upcoming years as stem cells help in cost-effective treatment of many ailments that currently have no or ineffective treatments.

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Regenerative medicines are one of the most important use of stem cells, and other major areas include oncology, orthopaedics, haematology, neurology and cardiology. Another widely found application is drug discovery as well as development. Stem cells are a kind of research tool, as the in vitro study allows scientists to understand the role of various organs in depth and the development of particular illnesses; stem cells may also probably allow drug developers to test emerging therapies on the diseased cells. Stem cells therapy has been showing substantial potential in treatment of cancer successfully. Cancer stem cells which have been tested on animals have shown satisfactory results.

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The DROC Analysis contains some of the factors that have major effects on the market dynamics be it positive or negative. Few factors analysed in the section are increasing prevalence of cancer and cardiac, neurological, and musculoskeletal disorders, rise in cognizance for prompt diagnosis, rising number of Stem Cell techniques, and improving healthcare infrastructure in developing markets.

The products are segmented based on type, application, mode of treatment and technology and studied for a deep-level understanding of the Stem Cells market. Each sub segment is accompanied with Market Size Estimations and Y-o-Y Forecasts as well.

Based on Type:
• Adult Stem Cells
• Human Embryonic Cells
• Pluripotent Stem Cell
• Natural Rosette Cells
Based on Application:
• CNS
• CVS
• GIT
• Regenerative Medicine
• Musculoskeletal
• Eye & Immune System Development
• Blood Disorders
Based on Mode of Treatment:
• Autologous
• Allogeneic
Based on Technology:
• Cell Acquisition
• Cell Production
• Cryopreservation
• Expansion
• Sub-Culture

North American Market is studied in geographic perspective by segregating the market shares between USA and Canada. The study identifies USA as the predominant market in the North American region and it holds well in the Global Market too.

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As per the report, companies like Athersys, StemCells Inc., Cryo Cell International, Geron Corporation, Mesoblast Ltd., Aastrom Biosciences Inc., Celgene Corporation, Invitrogen and Cytori Therapeutics Inc are contributing a fair share to the North American Stem Cells Market. According to recent reports StemCells Inc has merged with Israeli medical devices firm, Microbot Medical, thus strengthening their hold in the market.

Scope of the North America Stem Cells Market:

• Regional and country-level analysis that provides an innate perspective of USA and Canada Market to that of the North American region
• To detect major focus areas of industrial growth Segment-level analysis on basis of type, application, end-user along with market size forecasts and y-o-y estimations are provided
• Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics
• PESTLE and Porter’s Five Forces Analyses that examine the macro & micro environmental factors such as political influence, technological prowess, industry rivalry to name a few.
• An extensive listing of major market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment
• mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies all rolled out into Competitive landscape
• Expertly devised Market Outlook comprising the Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

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