Market Research Report
Global Stem Cell Therapy Market By Type, By Source of Stem Cells, By Application, By End Users, By Region, Forecast & Opportunities, 2025
|Global Stem Cell Therapy Market By Type, By Source of Stem Cells, By Application, By End Users, By Region, Forecast & Opportunities, 2025|
Published: May 1, 2020
Content info: 118 Pages
Delivery time: 2-3 business days
Global stem cell therapy market is expected to grow at a formidable rate of around 12% during the forecast period. The global stem cell therapy market is driven by the growing popularity and awareness pertaining to the use of stem cells for the prevention and cure of certain life threatening diseases. Additionally, increase in number of stem cell banks and growing investments by the government and private organizations for the development of stem cell preservation infrastructure is further propelling the market across the globe.
The global stem cell therapy market is segmented based on type, source of stem cells, application, end users, company and region. Based on type, the market can be categorized into allogeneic, autologous and syngeneic. The allogenic type segment is expected to register the highest growth during forecast period attributable to the rising commercialization of allogeneic stem cell therapy products, wider therapeutic applications of allogeneic stem cells, easy production scale-up process, growing number of clinical trials related to allogeneic stem cell therapies, among others. Based on end users, the market can be bifurcated into hospitals and clinics. The hospitals segment is expected to dominate the market during the forecast years. This can be accredited to the rising preference for stem cell therapies offered by hospitals proves beneficial for the business growth. Hospitals have affiliations with research laboratories and academic institutes that carry out research activities for developing stem cell therapies. On introduction and approval of any novel stem therapy, hospitals implement it immediately.
Regionally, the stem cell therapy market has been segmented into various regions namely Asia-Pacific, North America, South America, Europe, and Middle East & Africa. Among these regions, North America is expected to dominate the overall stem cell therapy market during the next five years on account of the increasing number of clinical trials for stem cell-based products and increasing public-private funding & research grants.
Major players operating in the global stem cell therapy market include Osiris Therapeutics, Inc., MEDIPOST Co., Ltd., Anterogen Co., Ltd., Pharmicell Co., Ltd., Holostem Terapie Avanzate S.r.l., JCR Pharmaceuticals Co., Ltd., NuVasive, Inc., RTI Surgical, Inc., AlloSource, Thermo Fisher Scientific and others. The companies are developing advanced technologies and launching new services in order to stay competitive in the market.
Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021-2025
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of hospitals/clinics across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the hospitals/clinics which could not be identified due to the limitations of secondary research. TechSci Research analyzed the hospitals/clinics, end users, channels and presence of all major players across the globe.
TechSci Research calculated the market size of global stem cell therapy market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as hospitals, clinics and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, global stem cell therapy market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Embryo/Cord Blood Derived
Wound & Injury
Cardiovascular Disease (CVD)
Acute Graft-Versus-Host Disease
Drug Discovery & Development
Middle East & Africa
Company Profiles: Detailed analysis of the major companies present in global stem cell therapy market.
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: