Stem Cell Therapy Market Size – USD 342.7 Million in 2019, Market Growth – CAGR of 36.2%
VANCOUER, BC, CANADA, April 1, 2022 /EINPresswire.com/ — Stem Cell Therapy Market report studies the with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find the complete Stem Cell Therapy Market analysis segmented by companies, region, type and applications in the report.
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.
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.
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Key Highlights From The Report :
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 DuPont 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.
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
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The report has been collated on the basis of synthesis, analysis, and interpretation of data accumulated with regards to the parent market from various resources. Additionally, study has been made of the economic conditions and other economic indicators and factors to evaluate their respective impact on the Hearing Aids Market, along with the present impact, so as to make strategic and informed forecasts about the scenarios in the market. This is primarily because of the untapped potentials present in the developing nations, in terms of product pricing and revenue generation.
Segments covered in the report:
For the purpose of this report, Emergen Research has segmented into the global Stem Cell Therapy Market on the basis of type, application, end-user, and region:
Type Outlook (Revenue, USD Million; 2017-2027)
Allogeneic Stem Cell Therapy
Autologous Stem Cell Therapy
Application Outlook (Revenue, USD Million; 2017-2027)
Hematology stem cells
Soft tissue injuries
Cardiovascular and myocardial infarction-based
Drug discovery & development
End-User Outlook (Revenue, USD Million; 2017-2027)
Comprehensive Regional Analysis Covers the Following Regions:
North America (U.S., Canada, Mexico)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key questions answered in the report :
Which are the five top players of the Stem Cell Therapy Market ?
How will the Stem Cell Therapy Market change in the next five years?
Which product and application will take a lion’s share of the Stem Cell Therapy Market ?
What are the drivers and restraints of the Stem Cell Therapy Market ?
Which regional market will show the highest growth?
What will be the CAGR and size of the Stem Cell Therapy Market throughout the forecast period?
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy.