Pharmaceuticals

Key Opportunities And Strategies In The Stem Cell Therapy Market

November 29, 2022 by The Business Research Company

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The stem cell therapy market is expected to grow from $4.01 billion in 2021 to $10.60 billion in 2026 at a rate of 21.4%. The global stem cell therapy market size is then expected to grow at a CAGR of 11.4% from 2026 and reach $18.17 billion in 2031.

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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Stem Cell Therapy Market Driver
The rapid increase in the aging population is expected to increase the prevalence of cancer cases and chronic diseases, contributing to the growth of the stem cell therapy market. The elderly population is increasing rapidly across the world and it is expected to continue over the forecast period.

Stem Cell Therapy Market Trends
Drug manufacturers are investing in developing induced pluripotent stem cell -derived NK cells, and a few have reached clinical trial phases. Companies in the market are combining iPSCs unique dual properties of unlimited self-renewal and differentiation potential to derive natural killer (NK) cell product to create more persistent and effective ‘killer’ cells.

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Opportunities And Recommendations For The Stem Cell Therapy Market
Opportunities – The top opportunities in the stem cell therapy market segmented by type will arise in autologous stem cell therapy segment. The top opportunities in the stem cell therapy market segmented by cell source will arise in induced pluripotent stem cells segment. The top opportunities in the stem cell therapy market segmented by application will arise in cancer segment. The top opportunities in the stem cell therapy market segmented by end-users will arise in hospitals and clinics segment. The stem cell therapy market size will gain the most in the USA.

Recommendations – The Business Research Company recommends the stem cell therapy market companies to focus on strategic acquisitions and partnerships, focus on research initiatives and funding, focus on emerging markets, continue to expand in developed markets, offer value-based pricing, offer bundled payments, participate in stem cell therapy-related seminars and conferences, focus on patient referral systems and focus on collaborating with cancer treatment centers and hospitals.

Major Players And Regions Of The Stem Cell Therapy Market
Major players in the stem cell therapy market are Smith & Nephew plc, Fujifilm Holding Corporation, Thermo Fisher Scientific Inc., Takara Bio Inc., MEDIPOST Co., Ltd.

North America was the largest region in the stem cell therapy market and South America and Middle East is expected to be the fastest-growing region in the forecast period.

The Stem Cell Therapy 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 stem cell therapy market.

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 & Injuries, Cancer, Autoimmune Disorders, Others

4) By End-User: Hospitals And Clinics, Research Centers, Others

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