Stem Cell Treatment Market Size Global Industry Share, and Forecast to 2027
Growing expansions in infrastructure for stem cell banking and processing along with identification of new lines of stem cells will accentuate the market growth across the globe.
The global stem cell treatment market is segmented by stem cell type into embryonic cells, somatic cells and pluripotent cells; by treatment type into allogeneic, auto logic and syngeneic stem cell therapy; by application into regenerative medicine and drug discovery and development; by stem cell technology into cell acquisition, cell production, cryopreservation and expansion and subculture; by end-user into hospitals, ambulatory surgical centers, clinics and others and by regions. Stem cell treatment market is anticipated to mask a CAGR of 12% during the forecast period i.e. 2019-2027.
Growing expansions in infrastructure for stem cell banking and processing along with identification of new lines of stem cells will accentuate the market growth across the globe. Additionally, increasing healthcare expenditures with growing recognition among the population for cellular therapies are expected to boost the market shares robustly over the forecast period. The application of stem cells in treating brain injuries, cerebral palsy, Parkinson’s disease, type 1 diabetes, rheumatoid arthritis and various types of anemia are expected to further the growth of the stem cell treatment market during the forecast period.
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North America is expected to display the highest growth owing to the presence of well-developed healthcare infrastructure across the region along with high awareness rate regarding healthcare procedures among the present population. Asia Pacific is estimated to follow North America on the back of rising research investments and growing patient pool across the region as well as the presence of major market players across the countries such as, China, India, Japan and others during the forecast period. Europe is anticipated to showcase a budding growth on the back of growing government initiatives to make the procedure ethically correct.
“The Final Report will cover the impact analysis of COVID-19 on this industry (Global and Regional Market).”
Growing Applications due to increasing Chronic Disease Prevalence
With increasing incidences of chronic diseases such as, cancer, sickle cell disease, lymphoproliferative disorders, tumors, and others, the stem cell treatment market is expected to grow on the back of rising awareness among the present population regarding applications of stem cell in these types of disease treatment. Further, the increasing incidences of immune disorders such as severe combined immune deficiency (SCID), neutropenias, phagocyte disorders, inherited disorders of the immune system and other organs are anticipated to increase the market shares over the forecast period.
However, associated cost constraints in the treatment procedure using stem cells are estimated to hinder the growth of the stem cell treatment market during the forecast period.
The report titled “Global Stem Cell Treatment Market: Global Demand Analysis & Opportunity Outlook 2027” delivers detailed overview of the global stem cell treatment market in terms of market segmentation by stem cell type, by treatment type, by application, by stem cell technology, by end-user and by regions.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
“The Final Report will cover the impact analysis of COVID-19 on this industry (Global and Regional Market).”
This report also provides the existing competitive scenario of some of the key players of the global stem cell treatment market which includes company profiling of Cytori Therapeutics, Inc., Astellas Pharma., Mesoblast Ltd., Fate Therapeutics Inc., Regeneus Ltd., International Stem Cell Corporation, Pluristem Therapeutics Inc., Thermo Fisher Scientific, Vericel Corporation, Roslin Cells and Other Prominent Players. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global stem cell treatment market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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