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The stem cell therapy market is forecasted to achieve exponential growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 15%, as per The Business Research Company’s market report!

Read More On The Stem Cell Therapy Market Report 2022 – https://www.thebusinessresearchcompany.com/report/stem-cells-therapy-global-market-report

The Stem Cell Therapy Market Size In 2022 And Forecast

The global stem cell therapy market is expected to grow $10.67 billion in 2021 to $11.99 billion in 2022 at a compound annual growth rate (CAGR) of 12.4%. 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, affecting many markets across the globe. The stem cell therapy market is expected to reach $21.17 billion in 2026 at a CAGR of 15.3%.

The stem cell therapy market consists of the sales of stem cell therapy and related services by entities (organizations, sole traders, and partnerships) that provide stem cell therapy.

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Rise In The Prevalence Of Chronic Diseases Is Driving The Growth Of The Stem Cell Therapy Market

According to a United Nations article, by 2030, the proportion of global deaths due to chronic diseases is expected to increase to 70% of total deaths. The global burden of chronic diseases is expected to reach about 60%. The rising prevalence of chronic diseases is expected to drive the stem cell therapy market.

Competitive Landscape And The Regional Analysis Of The Stem Cell Therapy Market

Major players in the stem cell therapy market are Anterogen, JCR Pharmaceuticals, Medipost, Osiris Therapeutics, Pharmicell, Astellas Pharma, Cellectis, Celyad, Novadip Biosciences, Gamida Cell, Capricor Therapeutics, Cellular Dynamics, CESCA Therapeutics, DiscGenics, OxStem, Mesoblast, ReNeuron Group, Takeda Pharmaceuticals, Magellan, Kolon TissueGene, Stemedica Cell Technologies, Holostem Terapie Avanzate S.r.l., NuVasive, RTI Surgical and AlloSource.

Additionally, as per TBRC’s research – North America was the largest region in the stem cell therapy market in 2021 holding the largest market share and Middle East is expected to be the fastest-growing region in the forecast period.

The Stem Cell Therapy Global Market Report 2022  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 countries covered in the stem cell therapy market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the stem cell therapy market.

Strategic Partnerships – A Key Trend In The Stem Cell Therapy Market

Companies in the stem cell therapy market are increasingly investing in strategic partnerships. A strategic partnership is a mutually beneficial agreement between two companies that do not compete directly with each other.

Stem Cell Therapy Market Segmentation By The Business Research Company

1) By Type: Allogeneic Stem Cell Therapy, Autologous Stem Cell Therapy

2) By Cell Source: Adult Stem Cells, Induced Pluripotent Stem Cells, Embryonic Stem Cells

3) By Application: Musculoskeletal Disorders, Wounds and Injuries, Cancer, Autoimmune Disorders, Others

4) By End-User: Hospitals, Clinics

Here Are Some Reports Related To The Stem Cell Therapy Market –

Cell Therapy Global Market Report 2022

Gene Therapy Global Market Report 2022

Microbiome Global Market Report 2022

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