The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

North America held the largest induced pluripotent stem cell IPSC market share.

The global induced pluripotent stem cell IPSC market is expected to grow from $2.69 billion in 2022 to $2.97 billion in 2023 at a compound annual growth rate (CAGR) of 10.5%. The global induced pluripotent stem cell (iPSC) market size is expected to grow to $4.36 billion in 2027 at a CAGR of 10.1%.

Major Driver In The Induced Pluripotent Stem Cell IPSC Market ­– Increase In The Prevalence Of Chronic Disorders
According to the Partnership to Fight Chronic Disorders (PFCD) report, 45% of the population (133 million Americans) have at least one chronic disorder. Furthermore, it has been projected that 7 out of every 10 deaths in the United States, or nearly 1.7 million, are caused by chronic illnesses, and that these deaths can be prevented by the use of induced pluripotent stem cell therapy. The surge in chronic illness occurrences is boosting the demand for induced pluripotent stem cell treatment.

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Key Induced Pluripotent Stem Cell IPSC Market Segments
1) By Derived Cell Type: Hepatocytes, Fibroblasts, Keratinocytes, Amniotic Cells, Other Derived Cells
2) By Application: Academic Research, Drug Development And Discovery, Toxicity Screening, Regenerative Medicine
3) By End-User: Hospitals, Research Laboratories

Recent Induced Pluripotent Stem Cell IPSC Market Trend – Strategic Partnerships And Collaborations
Companies in the induced pluripotent stem cell market are looking for chances for strategic alliances and collaborations that will allow them to grow their product portfolios and enter new geographies. Bristol Myers Squibb and Century Therapeutics, for example, announced a strategic collaboration in January 2022 to develop iPSC-derived allogenic cell treatments for the treatment of acute myeloid leukaemia and multiple myeloma. Furthermore, Evotec and Sernova formed a strategic cooperation in May 2022 to develop iPSC-based beta cell replacement therapy for type 1 and type 2 diabetes treatment.

Induced Pluripotent Stem Cell IPSC Market Prominent Players
Major players in the induced pluripotent stem cell IPSC market are Thermo Fisher Scientific Inc., FUJIFILM Holdings Corporation (Cellular Dynamics), Takara Bio Inc., Astellas Pharma Inc., Fate Therapeutics, ViaCyte, StemCells, Japan Tissue Engineering Co. Ltd., Fate Therapeutics and Japan Tissue Engineering Co.

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The Induced Pluripotent Stem Cell IPSC Global Market Report 2023  provides a comprehensive overview on the induced pluripotent stem cell IPSC market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the induced pluripotent stem cell IPSC market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Induced pluripotent stem cells are stem cells that have been regenerated from an existing adult cell, such as hepatocytes, fibroblasts, keratinocytes, or neurons.

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