Stem Cells Market Segmentation and Competitor Analysis Report - Scalar Market Research

According to the report, “Stem Cells Market, By Product (Adult Stem Cells, Human Embryonic Stem Cells, Induced Pluripotent Stem Cells, Very Small Embryonic Like Stem Cells), By Application (Regenerative Medicine, Drug Discovery), By Technology (Cell Acquisition, Cell Production, Cryopreservation, Expansion and Sub-Culture), Therapy (Autologous Stem Cell Therapy, Allogeneic Stem Cell Therapy) – Global Revenue, Trends, Growth, Share, Size and Forecast to 2022”, the market for stem cell is expected to grow at a healthy Compound Annual Growth Rate (CAGR) during the forecast period.

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Stem cells are undivided biological cells which can differentiate into specialized cells (specific for a particular organ) or can divide and produce more stem cells. Although their usage is controversial up to some extent, stem cells have always been a topic of study and research for scientists worldwide. An increase in the growth of regenerative medicine has led to the growth of stem cells market. Stem cells have proved to be a solution to many of the chronic diseases. With an increase in number of chronic diseases, it is essential to understand the cellular model and provide better picture of the disease mechanism. Innovations brought to this field include infinite supply of pluripotent stem cells and mechanism for regeneration of dying cells and tissues. Research in stem cells is dominated by the approach of personalized medicine based on the disease and the health condition of the body. Studies have also been conducted to help companies carry out potential quantitative and qualitative changes in the medicines. This report studies the current and future prospects of stem cells market.

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KEY PREMIUM INDUSTRY INSIGHTS

1. Lower probability of contamination while sub-culturing the stem cells, advantage of high compatibility with the human body and less labor required for production are all the factors that help in boosting the stem cells market growth. The ongoing research in the field of stem cells is also favoring the growth of the market.

2. A strong need for advanced cancer therapies is boosting the growth of oncology renewing medicine which required stem cells. Rise in awareness of the recent stem cell technology is a major driving factor for the market.

3. However, there are high costs and expenses related to new stem cell therapies that are hampering the growth of the market.

The stem cells market is divided into four major geographical segments which are North America, Europe, Asia-Pacific, and the Rest of the World. The Asia-Pacific region holds the highest share of stem cells market. Due to rise in research and development projects carried out in Japan, Australia and Singapore the Asia-Pacific region is dominant. Significant investment from the government and private sector is favoring the growth of the market. North America is the emerging region as there are well-defined technologies and cellular models in the U.S. and Canada.

MARKET SEGMENTATION

This report analyzes the stem cells market by the following segments:

Stem Cells Market, by Product
1. Adult Stem Cells
2. Human Embryonic Stem Cells
3. Induced Pluripotent Stem Cells
4. Very Small Embryonic Like Stem Cells
Stem Cells Market, by Application
1. Regenerative Medicine
2. Drug Discovery and Development
Stem Cells Market, by Technology
1. Cell Acquisition
2. Cell Production
3. Cryopreservation
4. Expansion and Sub-Culture
Stem Cells Market, by Therapy
1. Autologous Stem Cell Therapy
2. Allogeneic Stem Cell Therapy

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