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

The Business Research Company’s stem cell manufacturing market report forecasts the stem cell manufacturing market size to grow to $23.14 Billion by 2027, with a CAGR (compound annual growth rate) of 10%.

Learn More On The Stem Cell Manufacturing Market Report 2023 – https://www.thebusinessresearchcompany.com/report/stem-cell-manufacturing-global-market-report

Stem Cell Manufacturing Market Size Forecast
The global stem cell manufacturing market is expected to grow from $14.36 billion in 2022 to $15.81 billion in 2023 at a compound annual growth rate (CAGR) of 10.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global stem cell manufacturing market size is expected to grow to $23.14 billion in 2027 at a CAGR of 10.0%.

North America held the largest stem cell manufacturing market share.

Key Stem Cell Manufacturing Market Driver ­– Rise In Geriatric Population
For example, the population aged 65 and over is expected to climb from 9.3% in 2020 to roughly 16.0% in 2050, according to the United Nations Department of Economic and Social Affairs, which is part of the United Nations Secretariat. Furthermore, the World Health Organisation, a Switzerland-based international public health institution, predicts that there will be 1.4 billion people over the age of 60 in the world by 2030, up from 1 billion in 2020. As a result, the growing geriatric population is propelling the stem cell manufacturing industry forward.

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Key Stem Cell Manufacturing Market Trend – Technological Advancement
Various market stakeholders are focusing on harnessing advanced technology to stay competitive. Cellino, a US-based biotech business specialising in stem cell manufacturing, for example, used AI, machine learning, hardware, software, and lasers in September 2021 to enhance yields while cutting costs associated with human cell production. Using machine learning and AI, the strategy can reduce human annotation and predictability.

Stem Cell Manufacturing Market Segment
1) By Product: Consumables, Instruments, Stem Cell Lines
2) By Application: Research Applications, Clinical Application, Cell and Tissue Banking Applications
3) By End User: Pharmaceutical And Biotechnology Companies, Academic Institutes, Research Laboratories And Contract Research Organizations, Hospitals And Surgical Centers, Cell And Tissue Banks, Other End Users

Stem Cell Manufacturing Market Major Players and Strategies
Major players in the stem cell manufacturing market are Thermo Fisher Scientific, Merck Millipore, Stemcell Technologies, Fujifilm Holdings Corporation, Takara Bio Group, Lonza Group AG, Sartorius AG, Bio-Rad Laboratories, Becton Dickinson and Company, Bio-Techne Corporation, Miltenyi Biotec, Terumo BCT Inc., Corning Inc., Eppendorf AG, and ViaCyte Inc.

Catalent, a New Jersey-based developer and producer of pharmaceutical, biologic, and consumer health product delivery technologies, bought RheinCell Therapeutics GmbH for an undisclosed sum in June 2021. The acquisition broadened the development of future cell therapies and dramatically boosted Catalent’s ability to produce at scale. RheinCell Therapeutics GmbH is a GMP-grade human-induced pluripotent stem cell (iPSC) producer situated in Germany.

The Stem Cell Manufacturing Global Market Report 2023 covers regional data on stem cell manufacturing market size, stem cell manufacturing market trends and drivers, opportunities, strategies, and stem cell manufacturing market competitor analysis. The countries covered in the stem cell manufacturing 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.

Stem cell manufacturing refers to the technologies required to transfer stem cell tissue culture, a practise performed in laboratories for therapeutic purposes, to the clinic setting while maintaining control, reproducibility, automation, validation, and product safety.

View More Reports Related To The Stem Cell Manufacturing Market –
Cell Culture Consumables And Equipment Global Market Report 2023
Cell Based Assays Global Market Report 2023
Stem Cell Global Market Report 2023

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