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What is the Long-Term Projected Growth Rate for the Mesenchymal Stem Cells Market, and What Are the Key Drivers?

The market size for mesenchymal stem cells has seen swift expansion in the past few years. It is expected to jump from $3.38 billion in 2024 to $3.82 billion in 2025, having a compound annual growth rate (CAGR) of 13.0%. The historical growth has been fueled by factors such as the shift towards regenerative medicine, joint research efforts, rising public consciousness about stem cell research, patient advocacy, global cooperation, and initiatives for standardization.

In the coming years, the mesenchymal stem cells market is predicted to witness a swift expansion. The market is expected to augment to $6.14 billion by 2029 with a 12.6% compound annual growth rate (CAGR). This market growth in the anticipated period is attributed to the continuous progress in the field of genetic engineering technologies, the application of personalized medicine procedures, the incorporation of artificial intelligence (AI) and data analysis, advancements made in the field of biomaterials science and 3D bioprinting technologies, the invention of microfluidic gadgets and organ-on-a-chip models, and the embracing of next-generation manufacturing technologies. The major trends/activities to look out for during the forecast period involve bioprinting and tissue engineering, gene editing, the broadening of clinical applications, combination treatments, and the use of MSC-derived extracellular vesicles (EVs).

Which Macro and Microeconomic Factors Are Accelerating the Growth of the Mesenchymal Stem Cells Market?

The expanding understanding of regenerative medicine is predicted to spur the development of the mesenchymal stem cells (MSC) market. Regenerative medicine, an innovative cross-disciplinary area, aims to repair, replace, or regenerate cells, tissues, or organs that have been compromised due to congenital defects, disease, trauma, and aging. The escalation in regenerative medicine can be attributed to several pivotal factors like an increase in clinical trials, rising cases of chronic and age-related conditions, and personalized treatments. Mesenchymal stem cells (MSCs) hold tremendous promise in the realm of regenerative medicine owing to their capacity to morph into various cell types, adjust immune responses, and foster tissue restoration and regeneration across an extensive range of medical conditions. For instance, the Alliance for Regenerative Medicine, a non-profit organization based in the U.S. reported that as of August 2023, there were 2,760 cell, gene, and tissue-engineering therapy developers worldwide in Q1 2023, a significant increase of 101% from 1,369 in Q1 2022. Moreover, according to a report released in July 2023, by the American Society of Gene & Cell Therapy (ASGCT), a professional U.S. membership organization, and Citeline, a U.S.-based supplier of drugs and devices, the count of gene therapies in Phase II was 247 at the conclusion of Q1 2023, but this figure climbed by 5% to hit 260 by the end of Q2. Accordingly, the escalating understanding of regenerative medicine is fuelling the growth of the mesenchymal stem cell (MSC) market.

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Which Companies Are Leading the Charge in Expanding the Mesenchymal Stem Cells Market?

Major companies operating in the mesenchymal stem cells market are:

• Thermo Fischer Scientific Inc._x000D_

• Danaher Corporation_x000D_

• Merck KgaA_x000D_

• Becton_x000D_

• Dickinson_x000D_

What New Trends Are Reshaping the Mesenchymal Stem Cells Market and Its Opportunities?

Leading firms in the mesenchymal stem cells (MSCs) market are leveraging novel technologies like GMP-compliant isolation to fortify their market standing. The term GMP (Good Manufacturing Practice)-compliant isolation indicates the cell isolation process, of cells like mesenchymal stem cells (MSCs), as per GMP rules for maintaining regular production and control of product quality. For example, PromoCell, a biotech company from Germany, in July 2023, revealed the introduction of PromoExQ MSC Growth Medium XF. This serum- and xeno-free medium is crafted for the enlargement of human mesenchymal stem cells (MSCs) in a GMP-regulated setting. Made to the uppermost quality standards, this medium has received certification from the EXCiPACT GMP certification program and guarantees the steady growth and maintenance of MSCs from diverse sources like bone marrow, the umbilical cord matrix, and adipose tissue.

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What Are the Major Segments of the Mesenchymal Stem Cells Market and Their Role in Driving Growth?

The mesenchymal stem cells market covered in this report is segmented –

1) By Type: Autologous, Allogeneic

2) By Product Type: Cells And Cell Lines, Kits, Media And Reagents, Other Product Types

3) By Workflow Type: Cell Sourcing And Isolation, Culture And Cryopreservation, Differentiation, Characterization

4) By Indication: Bone And Cartilage Repair, Cardiovascular Diseases, Inflammatory And Immunological Diseases, Liver Diseases, Cancer, GvHD, Other Indications

5) By Application: Disease Modeling, Drug Development And Discovery, Stem Cell Banking, Tissue Engineering, Toxicology Studies, Other Applications

Subsegments:

1) By Autologous: Bone Marrow-Derived, Adipose Tissue-Derived, Cord Blood-Derived, Peripheral Blood-Derived

2) By Allogeneic: Bone Marrow-Derived, Umbilical Cord-Derived, Placental-Derived, Induced Pluripotent Stem Cells (iPSCs) Derived, Wharton’s Jelly-Derived

What Are the Top Regions Fueling Growth in the Mesenchymal Stem Cells Market?

North America was the largest region in the mesenchymal stem cells market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mesenchymal stem cells market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

How Is the Mesenchymal Stem Cells Market Defined Across Different Regions?

Mesenchymal stem cells (MSCs) refer to a type of multipotent adult stem cells found in various tissues throughout the body, including bone marrow, adipose tissue, umbilical cord blood, and dental pulp. These cells, which have the ability to differentiate into a variety of cell types, including osteoblasts (bone cells) and chondrocytes (cartilage cells), are used in the treatment of various conditions, including bone and cartilage repair, myocardial infarction, and neurological disorders.

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