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Global Stem Cell Therapy Market 2019| Dynamics, Forecast, Analysis and Supply Demand 2025

02-06-2020 03:06 PM CET | Health & Medicine

Press release from: Global Market Insights Inc.

Stem Cell Therapy Market

Stem Cell Therapy Market

The Stem cell therapy market size is expected to exceed more than US$ 15 Billion by 2025; Growing at a CAGR of more than 10.2% in the given forecast period.

Increasing research on developing novel therapies and personalized medicines will foster stem cell therapy market growth. Autologous stem cell therapy market segment is anticipated to witness around 10% growth throughout the forecast timeframe. Autologous stem cell therapy has high compatibility with patient's immune system and showcases strong efficacy. Additionally, it eliminates the need for finding donor and reduces the overall cost of treatment. Aforementioned advantages offered by autologous stem cell therapy will augment its demand thereby, escalating segment growth.

Rising government initiatives for promoting stem cell therapy in developed as well as developing countries will propel industry growth. Increasing government spending on research activities aimed at development of stem cell therapy for treatment of life-threatening diseases such as cancer. The government ensures that laboratories, research and academic centers are well-equipped with necessary equipment and advanced devices for facilitating the stem cell therapy research processes. Aforementioned factors are expected to boost the stem cell therapy market growth.

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Increasing efforts undertaken by companies for improving efficacy of stem cell therapy will fuel industry growth. Stem cells possess totipotency that enables them to transform into any differentiated cell. Stem cells play pivotal role in treatment of chronic diseases such as cancer, cardiovascular diseases and degenerative disorders. 0Currently, hematopoietic, embryonic and mesenchymal cells are being researched as they have the ability to cure several complications. Companies commercialize these stem cell products for providing effective therapy that should prove beneficial for the industry growth. However, ethical issues associated with stem cell therapy may affect industry growth to some extent.

Hospitals segment was valued around USD 4 billion in 2018. Significant growth is attributed to increasing prevalence of chronic diseases. Annually, large number of patients prefer stem cell therapy offered at hospitals as a treatment option to avoid complications caused due to invasive methods. Hospitals have dedicated resources allocated for providing uncompromised care to patients that speeds up the recovery process. Moreover, hospitals affiliated with government authorities receives enough funding and have the ability to provide superior quality stem cell therapy. Above mentioned factors will augment patient's preference towards hospitals that will exceed segment growth.

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Asia Pacific stem cell therapy market held around 20% revenue in 2018. Substantial revenue share can be attributed to the increasing awareness regarding availability of stem cell therapies. Moreover, government encourages scientists and researchers to carry out studies and thesis on stem cell therapies in order to develop innovative solutions for treating chronic diseases. Also, several developing countries in the region have witnessed industry growth opportunities as government provide funds to establish stem cell centers. For instance, in Singapore JTC Corporation has established Biopolis, that is a biomedical research center of stem cell science. Such government initiatives in Asian countries will positively impact regional market growth.

Browse Report Summary @ https://www.gminsights.com/industry-analysis/stem-cell-therapy-market

Report Content
Chapter 1. Methodology
1.1. Methodology
1.2. Market definitions
1.3. Forecast parameters
1.4. Data sources
1.4.1. Secondary
1.4.1.1. Paid sources
1.4.1.2. Unpaid sources
1.4.2. Primary
Chapter 2. Executive Summary
2.1. Stem cell therapy industry 3600 synopsis, 2014 - 2025
2.1.1. Business trends
2.1.2. Type trends
2.1.3. Application trends
2.1.4. End-users trends
2.1.5. Regional trends
Chapter 3. Stem Cell Therapy Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2014 - 2025
3.3. Industry impact forces
3.3.1. Growth drivers
3.3.1.1. Advancements in regenerative medicine in North America & Europe
3.3.1.2. Increasing government initiatives for stem cell therapy in developed as well as developing countries
3.3.1.3. Rising awareness regarding availability of stem cell therapy in developing and underdeveloped countries
3.3.1.4. Growing prevalence of chronic diseases
3.3.1.5. Increasing research and development activities undertaken by companies for stem cell therapy
3.3.2. Industry pitfalls & challenges
3.3.2.1. High cost of stem cell therapy
3.3.2.2. Ethical issues associated with stem cell therapy
3.4. Growth potential analysis
3.4.1. By type
3.4.2. By application
3.4.3. By end-users
3.5. Ecosystem analysis
3.6. Porter's analysis
3.7. Competitive landscape, 2018
3.7.1. Strategy dashboard
3.8. PESTEL analysis

More Insightful Info@ https://www.marketwatch.com/press-release/15bn-by-2025-stem-cell-therapy-market-2019-set-for-massive-growth-2019-07-22

Prominent industry players operational in stem cell therapy market are Astellas Pharma Inc, Cellectis, Celyad, Novadip Biosciences, Gamida Cell, Capricor Therapeutics, Cellular Dynamics, CESCA Therapeutics, DiscGenics, OxStem, Mesoblast Ltd, ReNeuron Group and Takeda Pharmaceuticals. Industry players implement various strategies such as collaboration, acquisition, merger, product launch to sustain in the market. For instance, in February 2018, Astellas acquired Universal Cells so that they can utilize proprietary technology to manufacture pluripotent stem cells. This strategy will help Astellas to develop innovative solutions that will provide competitive advantage to company.

Related Reports:
Electronic Health Record Market: https://www.marketwatch.com/press-release/global-electronic-health-record-market-future-scope-demands-and-projected-industry-growths-to-2025-2020-01-20

Pharmacovigilance Outsourcing Market: https://www.marketwatch.com/press-release/pharmacovigilance-outsourcing-market-size-2019-outlook-opportunity-and-demand-analysis-report-by-2025-2020-01-20

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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