Growth Driving Opportunities And Strategies In The Induced Pluripotent Stem Cell Market
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The induced pluripotent stem cell market is expected to reach $3.36 billion in 2025 at a rate of 8.6%. The induced pluripotent stem cell (iPSC) market is then expected to grow at a CAGR of 6.2% from 2025 and reach $4.54 billion in 2030.
The induced pluripotent stem cell (iPSC) market consists of sales of induced pluripotent stem cells and related services.
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Induced Pluripotent Stem Cell Market Driver
Increase in the prevalence of chronic disorders is one of the major factors that is driving the growth of Induced pluripotent stem cell market. Chronic disorders like heart disease, cancer, stroke, diabetes can be treated with Induced pluripotent stem cell. Induced Pluripotent stem cells are taken from any tissues from a child or an adult and are genetically modified to behave like embryonic stem cells.
Induced Pluripotent Stem Cell Market Trends
Extensive research is being conducted on the use of induced pluripotent stem cells to treat Parkinson’s disease (PD). Parkinson’s disease (PD) is a neurodegenerative disorder that affects nerve cells involved in releasing dopamine. The reprogramming of mature cells from skin into induced pluripotent nerve cells which can produce dopamine can be a potential treatment for the Parkinson’s disease (PD).
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Opportunities And Recommendations For The Induced Pluripotent Stem Cell Market
Opportunities – The top opportunities in the induced pluripotent stem cell (iPSC) market segmented by derived cell type will arise in the fibroblasts segment. The top opportunities in the induced pluripotent stem cell (iPSC) market segmented by end-user industry will arise in the hospitals segment. The top opportunities in the induced pluripotent stem cell (iPSC) market segmented by application will arise in the drug discovery and toxicity studies segment. The induced pluripotent stem cell (iPSC) market size will gain the most in the USA.
Recommendations – The Business Research Company recommends the induced pluripotent stem cell market companies to consider investing in induced pluripotent stem cells, which have proved to be efficient in various diseases for disease modelling and gene therapy, and focus on the acquisitions of mid-size and small companies which are technologically advanced to help increase production capacity and expand product portfolio, focus on securing long-term supply contracts with significant healthcare institutions to provide the patients with quality products, companies should consider offering value-based pricing for their induced pluripotent stem cells, as stakeholders would want to evaluate both the short- and long-term benefits of the product’s value, while hospitals and surgeons focus on the quality and features of the system and after-sales services, companies should expand their business in emerging markets to increase awareness in emerging markets which results in increasing demand for induced pluripotent stem cells, among other strategies.
Major Players And Regions Of The Induced Pluripotent Stem Cell Market
Major players in the induced pluripotent stem cell market are Fujifilm Holding Corporation, Thermo Fisher Scientific Inc., Takara Bio Inc., ViaCyte, and Fate Therapeutics.
The Induced Pluripotent Stem Cell Market Report 2022 – Opportunities And Strategies – Global Forecast To 2031 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the induced pluripotent stem cell market.
Induced Pluripotent Stem Cell Market Segmentation By The Business Research Company
1) By Derived Cell Type: Hepatocytes, Fibroblasts, Keratinocytes, Amniotic Cells, Others
2) By Application: Academic Research, Drug Discovery And Toxicity Studies, Cell & Gene Therapy, Regenerative Medicine
3) By End-User: Research Laboratories, Hospitals
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