The global Stem Cell Market size is expected to reach USD 19.13 Billion in 2028 at a CAGR of 8.4% during the forecast period, according to the latest report by Reports and Data. Growing adoption of stem cell therapies to treat chronic and rare diseases, rising number of clinical trials for regenerative medicine globally, and rapid progress in stem cell research are key factors expected to drive market revenue growth over the forecast period. In addition, increasing investment by major pharmaceutical and biotechnology companies, advancements in regenerative medicine, and development of advanced gene editing and tissue engineering techniques are also expected to contribute to revenue growth of the market going ahead.
Stem cells are unspecialized cells that have the ability to develop into different types of cells such as liver cells, muscle cells, and brain cells, among others. Stem cells have remarkable ability of self-renewal in undifferentiated state and can differentiate into various cell types with specific functions under appropriate triggers. Stem cells have played a major role in regenerative medicine, with increasing focus on stem cells of human origin such as adult stem cells, somatic stem cells, and embryonic stem cells. These cells can be used to regenerate human cells, organs, and tissues and have the capability to restore normal function after disease or debilitating injury. During embryonic development, stem cells can form cells of all three germ layers – mesoderm, endoderm, and ectoderm. They play a crucial role in repair system of body and normal turnover of regenerative organs such as skin and blood, and this has boosted their importance in medical therapies for the treatment of various degenerative illnesses.
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Some Key Highlights from the Report:
- Human embryonic stem cells segment is expected to register significant revenue growth over the forecast period owing to increasing use of human embryonic stem cells in regenerative medicine, growing application of ESCs in drug discovery and development, and rising use of ESCs to evaluate toxicity and biological activity of small molecule compounds.
- Cryopreservation segment is expected to account for largest revenue share over the forecast period attributable to increasing preference for cryopreservation of stem cells, availability of cell preparations of consistent quality, and growing ability of cryopreservation offer secure and stable storage to prevent metabolic damages to cells.
- Allogeneic stem cell therapy segment is expected to account for a considerably large revenue share over the forecast period owing to increasing use of allogeneic stem cell transplant to treat hematologic disorders, blood cancers, and immune disorders.
- Regenerative medicine is expected to register robust revenue CAGR over the forecast period attributable to rapid progress in regenerative medicine, increasing focus on expanding therapeutic potential to treat neurodegenerative disorders such as Alzheimer’s disease and Parkinson’s disease, and growing preference for regenerative medicine as a viable alternative to conventional drug-based therapies.
- North America is expected to account for largest revenue share over the forecast period attributable to increasing investment to boost stem cell research, rapid adoption of stem cell therapies to treat chronic diseases, increasing number of clinical trials, and presence of key market players in the region.
Competitive Outlook of the Global Stem Cells Market
The globla Stem Cells market study focuses on the revenue growth trajectories of the leading companies in this market. This section of the report throws light on the highly competitive landscape of the Stem Cells market, pointing out the major players. The report further discusses the strategic initiatives undertaken by each of these market players, including mergers acquisitions, collaborations, joint ventures, new product launches, new business deals, and technological innovations.
Top Companies Profiled in the Report:
Celgene Corporation, Virgin Health Bank, ReNeuron Group plc, Biovault Family, Mesoblast Ltd, Precious Cells International Ltd, Caladrius, Opexa Therapeutics, Inc., Neuralstem, Inc., and Pluristem.
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The report is inclusive of product type outlook, application spectrum, end-use outlook, technology landscape, regional market analysis, and competitive overview.
Stem Cells Market Segmentation:
Product Outlook (Revenue, USD Billion; 2018-2028)
- Adult stem cells
- Neuronal stem cells
- Mesenchymal stem cells
- Hematopoietic stem cells
- Umbilical cord stem cells
- Adipose?derived stem cells
- Dental stem cells
- Dedifferentiated fat (DFAT) cells
- Other adult-derived stem cells
- Human embryonic stem cells
- IPS cells
- Very small embryonic like stem cells
Technology Outlook (Revenue, USD Billion; 2018-2028)
- Cell acquisition
- Umbilical cord blood
- Bone marrow harvest
- Apheresis
- Cell Production
- Therapeutic cloning
- Cell culture
- In-vitro Fertilization
- Isolation
- Cryopreservation
- Expansion and sub-culture
Therapy Outlook (Revenue, USD Billion; 2018-2028)
- Allogeneic Stem Cell Therapy
- Autologous Stem Cell Therapy
Application Outlook (Revenue, USD Billion; 2018-2028)
- Regenerative medicine
- Orthopedics
- Neurology
- Hematology stem cells
- Soft tissue injuries
- Cardiovascular and myocardial infarction-based
- Diabetes
- Oncology
- Liver disorder
- Others
- Drug discovery development
Geographic Segment Covered in the Report:
The Stem Cells report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country, and sub-region during the estimated period.
- North America (USA and Canada)
- Europe (UK, Germany, France and the rest of Europe)
- Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)
- Latin America (Brazil, Mexico, and the rest of Latin America)
- Middle East and Africa (GCC and rest of the Middle East and Africa)
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