Stem Cell Therapy Market to Reach USD 3,693.6 Mn by 2027 - CAGR to grow at 36.2% Over the Period 2020 – 2027

Market Size – USD 342.7 Million in 2019, Market Growth - CAGR of 36.2%, Market trends – Technological advancement.

The global Stem Cell Therapy Market is expected to reach USD 3,693.6 Million by 2027, according to a new report by Emergen Research. The stem cell therapy market is experiencing increased demand due to the rise in the number of clinical trials all over the world. Stem cells are applicable to the development of regenerative medicine, commonly used in the field of dermatology. However, the demand for stem cell applications in the oncology segment will witness the highest growth due to several pipeline projects present for the treatment of cancer or tumors.

Development of advanced genomic analysis techniques, the introduction of effective guidelines for cell therapy manufacturing, a vast amount of research by cancer societies, and the proven effectiveness of transplants are some of the primary growth stimulants for the market. Certain manufacturing and pharmacological issues and regulatory hurdles are hindering the growth of the market.

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Key Highlights From The Report

Allogeneic Stem Cell Therapy dominated the segment of stem cell therapy by type. Allogeneic transplant is recommended to those patients who have a high risk of relapse even after successful treatment with chemotherapy. An increase in the occurrence of cancer relapse has propelled the demand for the segment. The segment has an added advantage as they manufacture their own immune stem cells. These cells have the potential to kill cancer cells that are left behind after high-dosage treatment with cytotoxic drugs.

The enhancement in the cutting-edge orthopedic treatments involving stem cell therapy has helped in the relief of pain and also in recovery time. It eliminates the need for medication and invasive surgery, such as joint replacements leading to increased mobility. The regenerative medicine segment is anticipated to grow with a CAGR of 36.4% during the forecast period.

Hospital held a larger market share due to the rising preference for stem cell therapies in these institutions. Hospitals are affiliated with academic institutes and research laboratories for the development of new therapies. Hospitals implement the latest discoveries.

North America will account for the largest share of the global stem cell market. The major contribution will be from the United States, and the region will witness high growth owing to the increased amount of funding by the private as well as government firms for clinical trials.

Key participants include Virgin Health Bank, Celgene Corporation, ReNeuron Group plc, Biovault Family, Precious Cells International Ltd., Mesoblast Ltd., Opexa Therapeutics, Inc., Caladrius, Neuralstem, Inc., and Pluristem, among others.

Scope of the report:         

In addition, the study on the Stem Cell Therapy market for the forecast period, 2020 – 2027 quantifies the share occupied by the prominent players of the industry and enlightens the business owners from the fast-growing investment pockets and competitive landscape. Furthermore, the industry is classified into various segments with a detailed assessment of each and every aspect such as gross margin, profits, import and export status and others. All vital statistics are presented with the help of charts, tables and graphic images, which can be easily incorporated into any business presentation.

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Type Outlook (Revenue, USD Million; 2017-2027)

  1. Allogeneic Stem Cell Therapy
  2. Autologous Stem Cell Therapy

Application Outlook (Revenue, USD Million; 2017-2027)

  1. Regenerative Medicine
  2. Orthopedics
  3. Neurology
  4. Hematology stem cells
  5. Soft tissue injuries
  6. Cardiovascular and myocardial infarction-based
  7. Oncology
  8. Diabetes
  9. Liver Disorder
  10. Others
  11. Drug discovery & development

End-User Outlook (Revenue, USD Million; 2017-2027)

  1. Clinics
  2. Hospitals
  3. Others

The market intelligence report further offers hard to find data derived from attractiveness analysis that narrates a lot about the products, regions and applications expected to generate more revenue. The research contains the details about the latest events in the Stem Cell Therapy market including but not limited to the product launches, acquisition and mergers, collaborations and technology advancements with an aim to help business evangelists, product owners and marketing personnel understand what the future demands, customer preferences, consumption volume, production capacity and supply chain management of the Stem Cell Therapy market will be like.

The global Stem Cell Therapy market is geographically categorized into:

  1. North America
  2. Europe
  3. Asia Pacific
  4. Latin America
  5. Middle East & Africa

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Thank you for reading our report. For further information or queries about the report or customization options, please get in touch with us. We will ensure your report is tailored according to your requirements.

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