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Stem Cell Market Competition by Business Players 2020 Current Developments, Upcoming Trends, Product Type and Applications Forecast to 2024

Stem Cell

The “Stem Cell Market” report 2020 provides information for market players, stakeholders, investors, and business strategists to achieve a leading position in the market. It maintains the record of Unusual growth strategies adopted by various companies that are creating new standards for competition in the global Stem Cell market. Businesses around the world are aiming at increasing their profit margin and establishing a stronghold in the global market. The impact of the prevailing regulatory scenario on both regional and worldwide Stem Cell market is provided in detail in the report.

Stem Cell Market Covers the Following Key Players:

  • Osiris Therapeutics Inc.
  • Pluristem Therapeutics Inc.
  • Thermo Fisher Scientific
  • Qiagen NV
  • Sigma Aldrich Corporation
  • Becton, Dickinson and Company
  • Stem Cell Technologies Inc.
  • AllCells LLC
  • Miltenyi Biotec
  • International Stem Cell Corporation

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    Market Overview:

  • The stem cell market is experiencing growth, owing to the increasing number of clinical trials around the world. North America, especially the United States, dominated the number of trials undergoing in stem cell therapies. The United States dominates the market in both the products and banking services segments, holding around 77.4% of the total North American market. However, Asia-Pacific is growing at the highest growth rate. Stem cells are majorly used in regenerative medicine, especially in the field of dermatology. However, oncology is expected to grow at the highest growth rate, due to a large number of pipeline products present for the treatment of tumors or cancers. With the increase in the number of regenerative medicine centers, the stem cell market is also expected to increase in the future.
  • Stem cells banking is gaining importance with the support of government initiatives. The number of stem cell banks is increasing in developing countries, which is aiding the growth of the market. Also, increasing awareness about stem cell storage among the people has positively affected the market. Currently, the market is not well established in many therapeutic areas and has shown nascent success in history. However, it holds great potential in both the diagnosis and therapeutic fields.

    Scope of the Report:

    The scope of this market is limited to tracking the stem cell market. As per the scope of this report, stem cells are biological cells that can differentiate into other types of cells. Also, various types of stem cells are used for therapeutic purposes.

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    Key Market Trends:

    Oncology Disorders Segment is Expected to Exhibit Fastest Growth Rate Over the Forecast Period

    Cancer has a major impact on society in the United States and across the world. As per the estimation of National Cancer Institute, in 2018, 1,735,350 new cases of cancer were anticipated to get diagnosed in the United States, and 609,640 deaths were expected from the disease. This increasing medical burden is due to population growth. Bone marrow transplant or stem cell transplant is a treatment for some types of cancers, like leukemia, multiple myeloma, multiple myeloma, neuroblastoma, or some types of lymphoma.

    Embryonic stem cells (ESC) are the major source of stem cells for therapeutic purposes, due to their higher totipotency and indefinite lifespan, as compared to adult stem cells with lower totipotency and restricted lifespan. However, the use of ESCs for research and therapeutic purposes is restricted and prohibited in many countries throughout the world, due to some ethical constraints. Scientists from the University of California, Irvine, created the stem cell-based approach to kill cancerous tissue while preventing some toxic side effects of chemotherapy by treating the disease in a more localized way.

    Although the market shows positive growth, due to the growing focus of stem cell-based research that can further strengthen the clinical application, its expensive nature for stem cell therapy may still hamper its growth.

    North America Captured The Largest Market Share and is Expected to Retain its Dominance

    North America dominated the overall stem cell market with the United States contributing to the largest share in the market. In 2014, the Sanford Stem Cell Clinical Center at the University of California, San Diego (UCSD) Health System, announced the launch of a clinical trial, in order to assess the safety of neural stem cell-based therapy in patients with chronic spinal cord injury. Researchers hoped that the transplanted stem cells may develop into new neurons that could replace severed or lost nerve connections, and restore at least some motor and sensory functions. Such numerous stem cell studies across the United States have helped in the growth of the stem cell market.

    Report Highlights:

    • The report provides a detailed analysis on current and future market trends to identify the investment opportunities
    • Market forecasts till 2024, using estimated market values as the base numbers
    • Key market trends across the business segments, Regions and Countries
    • Key developments and strategies observed in the market
    • Market Dynamics such as Drivers, Restraints, Opportunities and other trends
    • In-depth company profiles of key players and upcoming prominent players
    • Growth prospects among the emerging nations through 2024
    • Stem Cell Market opportunities and recommendations for new investments

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    Detailed TOC of Stem Cell Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Increased Awareness about Umbilical Stem Cell
    4.2.2 Increase in the Approval for Clinical Trials in Stem Cell Research
    4.2.3 Growing Demand for Regenerative Treatment Option
    4.2.4 Rising R&D Initiatives to Develop Therapeutic Options for Chronic Diseases
    4.3 Market Restraints
    4.3.1 Expensive Procedures
    4.3.2 Regulatory Complications
    4.3.3 Ethical and Moral Framework
    4.4 Industry Attractiveness- Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Product Type
    5.1.1 Adult Stem Cell
    5.1.2 Human Embryonic Cell
    5.1.3 Pluripotent Stem Cell
    5.1.4 Other Product Types
    5.2 By Therapeutic Application
    5.2.1 Neurological Disorders
    5.2.2 Orthopedic Treatments
    5.2.3 Oncology Disorders
    5.2.4 Diabetes
    5.2.5 Injuries and Wounds
    5.2.6 Cardiovascular Disorders
    5.2.7 Other Therapeutic Applications
    5.3 By Treatment Type
    5.3.1 Allogeneic Stem Cell Therapy
    5.3.2 Auto logic Stem Cell Therapy
    5.3.3 Syngeneic Stem Cell Therapy
    5.4 By Banking Service and Technology
    5.4.1 Stem Cell Acquisition and Testing
    5.4.2 Cell Production
    5.4.3 Expansion
    5.4.4 Sub-culture
    5.4.5 Cryopreservation
    5.5 By Type of Banking
    5.5.1 Public
    5.5.2 Private
    5.6 Geography
    5.6.1 North America
    5.6.1.1 US
    5.6.1.2 Canada
    5.6.1.3 Mexico
    5.6.2 Europe
    5.6.2.1 UK
    5.6.2.2 Germany
    5.6.2.3 France
    5.6.2.4 Italy
    5.6.2.5 Spain
    5.6.2.6 Rest of Europe
    5.6.3 Asia-Pacific
    5.6.3.1 China
    5.6.3.2 Japan
    5.6.3.3 India
    5.6.3.4 Australia
    5.6.3.5 South Korea
    5.6.3.6 Rest of Asia-Pacific
    5.6.4 Middle East & Africa
    5.6.4.1 GCC
    5.6.4.2 South Africa
    5.6.4.3 Rest of Middle East & Africa
    5.6.5 South America
    5.6.5.1 Brazil
    5.6.5.2 Argentina
    5.6.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Osiris Therapeutics Inc.
    6.1.2 Pluristem Therapeutics Inc.
    6.1.3 Thermo Fisher Scientific
    6.1.4 Qiagen NV
    6.1.5 Sigma Aldrich Corporation
    6.1.6 Becton, Dickinson and Company
    6.1.7 Stem Cell Technologies Inc.
    6.1.8 AllCells LLC
    6.1.9 Miltenyi Biotec
    6.1.10 International Stem Cell Corporation

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

    Contact Us:

    Name: Ajay More

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