"The Global Allogenic Stem Cell Therapy Market report is the outcome of a meticulous market analysis conducted by a team of industry experts, skilled analysts, dynamic forecasters, and knowledgeable researchers. This comprehensive report provides insights into market status, market share, growth rate, future trends, market drivers, opportunities, challenges, risks, entry barriers, sales channels, and distributors. Serving as an invaluable source, the Allogenic Stem Cell Therapy Market report facilitates unparalleled insights and understanding of optimal market opportunities in relevant sectors. Businesses can leverage this information to make informed decisions regarding their production and marketing strategies.
This extensive analysis considers all major players' company profiles and brands, emphasizing the variation in Compound Annual Growth Rate (CAGR) values for the historic year 2019, the base year 2020, and the forecast year 2021-2028. The market study aids businesses in identifying key opportunities and influential factors, guiding them to reach new heights. The Allogenic Stem Cell Therapy Market business report is a professional and detailed document focusing on primary and secondary drivers, market share, leading segments, and geographical analysis.
Data Bridge Market Research analyses that the allogenic stem cell therapy market, which was USD 994.9 million in 2022, is expected to reach USD 2109.50 million by 2030, at a CAGR of 9.85% during the forecast period 2023 to 2030.
Explore Further Details about This Research Allogenic Stem Cell Therapy Market Report https://www.databridgemarketresearch.com/reports/global-allogenic-stem-cell-therapy-market
Allogenic Stem Cell Therapy Market Scope and Segmentation
REPORT METRIC | DETAILS |
Forecast Period | 2023 to 2030 |
Base Year | 2022 |
Historic Years | 2021 (Customizable to 2015 - 2020) |
Quantitative Units | Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered | Product Type (Adult Stem Cells, Human Embryonic Stem Cells, Induced Pluripotent Stem Cells), Cell Source (Adipose Tissue-Derived Mesenchymal Stem Cells, Bone Marrow-Derived Mesenchymal Stem Cells, Cord Blood/Embryonic Stem Cells, Others), Applications (Musculoskeletal Disorders, Wounds, Injuries, Cardiovascular Diseases, Surgeries, Gastrointestinal Diseases, Other), End Users (Therapeutic Companies, Cell, and Tissues Banks, Tools and Reagent Companies, Service Companies) |
Countries Covered | U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
Market Players Covered | Athersys Inc. (U.S.), Mesoblast Ltd (Australia), Biorestorative Therapies Inc. (U.S.), Pluristem Inc. (Israel), Brainstorm Cell Limited. (U.S.), ViaCyte Inc. (U.S.), Gamida Cell (U.S.), HOPE BIOSCIENCES (U.S.), Cellular Biomedicine Group (U.S.), Smith+Nephew (U.K.), MEDIPOST (South Korea), ANTEROGEN.CO, LTD. (South Korea), NuVasive Inc. (U.S.), RTI Surgical (U.S.), AlloSource (U.S.), JCR Pharmaceuticals Co. Ltd. (Japan), Takeda Pharmaceutical Company Limited (Japan) |
Market Opportunities |
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Market Definition
Stem cell therapy, also known as regenerative medicine, uses stem cells or their derivatives to promote the repair response of dysfunctional,diseased, or injured tissue. Stem cells can develop into various types of cells in the body. Pluripotent and multipotent stem cells are the two main types of stem cells. Pluripotent stem cells are replicating cells that develop from embryonic or fetal tissues. Pluripotent stem cells help the cells and tissues develop in three primary germ layers: mesoderm, ectoderm, and endoderm.
Global Allogenic Stem Cell Therapy Market Dynamics
Drivers
• Increasing funding for stem cell research projects
The need for newer and better therapies for auto-immune, neurobiological, and coronary heart disease treatment has increased cumulative research activities and funding for cell-based research. For instance, the University of Sydney was awarded $6.3 million in June 2021 for three projects addressing adult vision loss and cardiovascular events and improving decisions about access to stem cell interventions. In the same year, Stanford physician-researchers were awarded nearly $31 million by the California Institute for Regenerative Medicine to begin first-in-human trials of stem therapies for treating stroke, heart failure, and a type of brain and spinal cord tumor. These are certain factors that propel the growth of the market.
• Rising number of launches
Increased product launches by key market players are expected to drive the market during the forecast period. For instance, LifeCell, a healthcare service provider, introduced an advanced umbilical cord-stem cell collection kit in August 2017 that protects neonatal stem cells from environmental damage and temperature fluctuations.
Opportunities
• Potential of stem cells for drug discovery
The ability to continuously develop functioning adult tissues in culture using directed differentiation opens up new avenues for drug discovery. Before conducting in vivo trials, researchers can create distinct cell lines and then test novel medications on each cell type in vitro to identify potential interactions. This is critical in developing medicines for use in veterinary research because of the possibility of species-specific combinations. The goal is to having the cell lines available for research use that will reduce the need for research animals because in vitro effects on human tissue will provide insight not previously known before the animal testing phase. These all are the factors which are expected to boost the market growth.
Answers That the Report Acknowledges:
- Market size and growth rate during forecast period
- Key factors driving the Allogenic Stem Cell Therapy Market
- Key market trends cracking up the growth of the Allogenic Stem Cell Therapy Market.
- Challenges to market growth
- Key vendors of Allogenic Stem Cell Therapy Market
- Opportunities and threats faces by the existing vendors in Global Allogenic Stem Cell Therapy Market
- Trending factors influencing the market in the geographical regions
- Strategic initiatives focusing the leading vendors
- PEST analysis of the market in the five major regions
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