Global Stem Cell Manufacturing Market
Author : ashwini ahirrao | Published On : 09 Jun 2021
Global Stem Cell Manufacturing Market size was valued US$ XX Mn. in 2019 and the total revenue is expected to grow at 8.4% through 2019 to 2027, reaching nearly US$ XX Mn.
The report study has analyzed the revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.
Global Stem Cell Manufacturing Market
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The manufacturing of stem cell is a procedure of culturing the cells gained from bone peripheral or marrow blood cells. Stem cells have the exclusive ability to grow into specialized cell types in the body. Stem cell manufacturing includes the use of bioreactors, stem cell lines and culture media.
The stem cell manufacturing market dynamics are thoroughly studied and explained in the MMR report, which helps to understand emerging market trends, drivers, restraints, opportunities, and challenges at the global and regional level for the stem cell manufacturing market globally. The stem cells manufacturing involves cells culturing that has been found from bone marrow or the blood cells nearby it, which can then be developed into particular types of cell. So, a major increase has been noted based on demand to repair or replace damaged cells besides tissues by regenerative medicines. The raised rate of adoption of regenerative medicine has given way to many growth opportunities within the stem cell manufacturing market that are set to be exploited over the upcoming years.
As per the recent Nice Insight CDMO study, nearly 55% of 700 respondents claimed to have cooperated with a contract service provider for medical and commercial scale product growth requirement. However, some counties depict the presence of strict regulations when it comes to manufacturing of stem cell, thus hampering the stem cell manufacturing market expansion. But, various businesses are lifting the game based on emerging cost effective manufacturing of stem cell processes, which is estimated to reduce the restraints throughout the forecast period.
Based on application, research applications segment dominated the stem cell manufacturing market, with a market size of US$ XX Mn in 2019 and to reach US$ XX Mn by 2027, with a CAGR of XX.60%. This is attributed to growing focus on stem cell-based research, rising awareness nearby the therapeutic potency of stem cells, and public-private subsidy to support product expansion and commercialization. Likewise, the MMR report will provide an accurate prediction of the contribution of the various segments to the growth of the stem cell manufacturing market size.
The report also offers a brief analysis of the major regions in the stem cell manufacturing market, namely, Asia, Europe, North America, South America, and the MEA. Among these, North America accounted for the largest stem cell manufacturing market share in 2019, with a market value of US$ XX.76 Mn; the regional market is expected to register a CAGR of XX.11% during 2019-2027. The USA houses numerous well-established pharmaceutical and biotechnology companies, which is likely to catalyze the enlargement of the regional stem cell manufacturing market for stem cell manufacturing. Moreover, the growing burden of cancer in North America is anticipated to trigger the demand for inventions in stem cell therapies, thus elevating the market position within the USA.
Europe accounts for the second-highest revenue share contribution to the stem cell manufacturing market, followed by markets in the APAC. The significant factors helming the growth of the European market contain the constant efforts being put in by leading manufacturers and elevated healthcare spending.
The objective of the report is to present a comprehensive analysis of the Global Stem Cell Manufacturing Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Stem Cell Manufacturing Market dynamics, structure by analyzing the market segments and projects the Global Stem Cell Manufacturing Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Stem Cell Manufacturing Market make the report investor’s guide.
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Global Stem Cell Manufacturing Market, by Product
• Stem Cell Lines
o Embryonic Stem Cells (ESCs)
o Hemopoietic Stem Cells (HSCs)
o Mesenchymal Stem Cells (MSCs)
o Multipotent Adult Progenitor Stem Cells
o Induced Pluripotent Stem Cells (iPSCs)
o Neural Stem Cells (NSCs)
o Bioreactors & Incubators
o Cell Sorters
o Other Instruments
• Culture Media
Global Stem cell Manufacturing Market, by Application
• Research Applications
• Clinical Applications
• Cell and Tissue Banking Applications
Global Stem Cell Manufacturing Market, by End-User
• Hospitals and Surgical Centers
• Pharmaceutical and Biotech Companies
• Cell Banks and Tissue Banks
• Academic Institutes, Research Laboratories, and CROs
Global Stem Cell Manufacturing Market, by Region
• North America
• Asia Pacific
o South Korea
• South America
• Middle East and Africa
o GCC Countries
o South Africa
Key players operating in the Global Stem Cell Manufacturing Market
• Becton, Dickinson and Company (BD)
• Bio-Rad Laboratories
• Cellular Dynamics International (A Subsidiary of Fujifilm Holdings Corporation)
• Holostem Terapie Avanzate
• Lonza Group
• Merck Group
• Miltenyi Biotec
• Osiris Therapeutics
• Pluristem Therapeutics
• STEMCELL Technologies
• Takara Bio Group
• Thermo Fisher Scientific
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