Unveiling the Potential: Growth and Developments in Stem Cell Therapy"
Stem Cell Therapy Market size was valued at US$ 1.24 Bn. in 2022 and the total Stem Cell Therapy revenue is expected to grow at 13.4% from 2023 to 2029, reaching nearly US$ 3 Bn
Stem Cell Therapy Market Overview:
The primary goal of this research is to assist the user in understanding the Stem Cell Therapy market in terms of definition, segmentation, market potential, significant trends, and the problems that the Stem Cell Therapy industry faces in key regions and nations. The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals.
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Market Scope:
The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals.
Market Dynamic:
The demand for newer and better medicines for auto-immune, neurological, and coronary heart disease treatment has raised cumulative research activities and financing for cell-based research. Researchers at the University of Sydney, for example, were awarded $6.3 million in June 2022 for three studies addressing adult eyesight loss, cardiovascular events, and enhancing decisions regarding access to stem cell interventions. In the same year, Stanford physician-researchers were awarded about $31 million by the California Institute for Regenerative Medicine to begin first-in-human studies of stem treatments for treating stroke, heart failure, and a form of brain and spinal cord cancer.
Segmentation:
The oncology application category is estimated to develop at a CAGR of 7.2% over the forecast period. Because the global cancer burden is increasing, cancer treatments must be customised to regional and national objectives. According to the International Agency for Research on Cancer 2020, one in every five people will develop cancer during their lifetime, and one in every eight men and one in every eleven women will die from the disease. Women are more prone than men to get breast, colorectal, lung, ovarian, and thyroid cancers, whereas men are more likely to develop lung and prostate cancers, which account for around one-third of all male malignancies. Africa, Asia, Central, and South America account for more than 67% of all cancers, according to the National Cancer Institute 2020.
Global Stem Cell Therapy Market, by Cell Source (2022-2029)
• Adipose tissue-derived MSCs
• Bone marrow-derived MSCs
• Placental/umbilical cord-derived MSCs
• Other Cell Sources
Global Stem Cell Therapy Market, by Type (2022-2029)
• Allogeneic Stem Cell Therapy
• Autologous Stem Cell Therapy
Global Stem Cell Therapy Market, by Application (2022-2029)
• Oncology
• Wounds & Injuries
• Cardiovascular Diseases
• Surgeries
• Inflammatory & Autoimmune Diseases
• Neurological Disorders
• Other
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Key Players: The study discusses the key market players who are engaged in the industry, such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors, and so on. The key players in the Stem Cell Therapy market are
1. Smith & Nephew
2. MEDIPOST
3. Anterogen
4. CORESTEM
5. PHARMICELL
6. NuVasive
7. RTI Surgical
8. AlloSource
9. JCR Pharmaceuticals
10.Takeda Pharmaceutical Company
11.Holostem Terapie Avanzate S.r.l
12.Orthofix
13.Regrow Biosciences
14.Stempeutics Research
15.Under Pipeline Athersys
16.Mesoblast
17.BioRestorative Therapies
18.Pluristem Therapeutics
19.BrainStorm Cell Therapeutics
20.ViaCyte
21.Kangstem Biotech
22.Hope Biosciences
23.Cellular Biomedicine Group
24.Personalized Stem Cells
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Regional Analysis:
The report focuses on Global Regions and Market Size of Stem Cell Therapy , and development forecast 2021-2027, including industries, major players, suppliers worldwide, and market share by regions, with company and product introduction, position in the market including their market status and development trend by types and applications, which will provide its price and profit status, and marketing status, with 2020 as the base year.
COVID-19 Impact Analysis on Stem Cell Therapy Market:
The report discusses the impact of COVID-19: Since the breakout of the COVID-19 virus in December 2019, the disease has spread to practically every country on the planet, prompting the WHO to declare it a public health crisis. The worldwide effects of the coronavirus epidemic are already being noticed, and they will have a considerable influence on the Stem Cell Therapy industry in 2021.
See also Immunocytokines Market: Revolutionizing Industries with Disruptive Growth Strategies
Key Questions answered in the Stem Cell Therapy Market Report are:
- What is the function of Stem Cell Therapy ?
- What is the predicted revenue generation of the Stem Cell Therapy market?
- At what growth rate is the Stem Cell Therapy market evolving?
- Who are the major market giants operating in the Stem Cell Therapy market?
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