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Stem cells are undifferentiated cells which are capable of differentiating into any type of cell that make up the human body, and thus are capable of producing the cells which are non-regenerative in nature.
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The global stem cells market is primarily driven by considerable therapeutic research activities, development of medical tourism hubs, and growing stem cell banking services.
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Rise in disposable income in emerging economies, the increasing prevalence of neurodegenerative disorders, development of the contract research industry, and replacement of animal tissue in drug discovery are also anticipated to contribute towards the overall growth of the stem cells product, the stem cells market is categorized into adult stem cells, induced pluripotent stem cells Notre Dame Fighting Irish Jersey , very small embryonic-like stem cells, human embryonic stem cells, and rat neural stem cells. Adult stem cells, which dominated the overall market in 2011, include mesenchymal stem cells, dental stem cells, neuronal stem cells, hematopoietic stem cells, and umbilical cord stem cells.
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The global stem cells market by products is classified into five categories Carson Wentz Jersey , namely adult stem cells, human embryonic stem cells, induced pluripotent stem cells, rat-neural stem cells and umbilical cord stem cells. Adult stem cells held majority share of the overall stem cells market by products in 2011, owing to less tedious procedure of adult stem cell harvesting, and better acceptance by the human body. Adult stem cells market is further segmented into five sub-types, viz. hematopoietic stem cells, mesenchymal stem cells, neuronal stem cells North Dakota State Bison Jersey , dental stem cells, and umbilical cord stem cells. Neuronal stem cells will grow at the fastest pace during the forecast period amongst the adult stem cells segment, owing to rising proportions of patients with neurodegenerative diseases and consequently, growing urgency in developing curative treatment for such disorders. Induced pluripotent stem cells will be the fastest growing stem cell products in the forecast period. This is due to the fact that induced pluripotent stem cells causes less complications related to acceptance in the body.
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On the basis of technology, the stem cells market is segmented into stem cell acquisition, production, cryopreservation, and expansion and sub-culture. Stem cell acquisition is the largest as well as the most rapidly developing technological segment and includes bone marrow harvesting, umbilical cord blood Mitchell Trubisky Jersey , and apheresis. The segment of stem cell production includes cloning, isolation, in-vitro fertilization, and cell culture.
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On the basis of application, the stem cells market is bifurcated into regenerative medicine and drug discovery and development. Regenerative medicine, which holds the larger share in the stem cells market, covers major disciplines such as orthopedics, hematology, wound care North Carolina Tar Heels Jersey , diabetes, incontinence, neurology, oncology, cardiovascular and myocardial infarction, spinal cord injuries, and liver disorders.
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Geographically, the global stem cells market is divided into Europe, Asia Pacific Navy Midshipmen Jersey , North America, and Rest of the World. North America dominates the overall market, followed by Europe owing to increased prevalence of neurological and cardiac disorders, state initiatives and provision of grants from several organizations, development of innovative therapies, strong research activities, and effective marketing solutions. The Asia Pacific stem cells market is anticipated to witness impressive growth over the next two years thanks to rapidly growing contract research outsourcing and booming medical tourism.
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The global stem cells market was valued at US$26.23 bn in 2013. Consistent research studies around the world to discover the potential of stem cells for the treatment of several medical conditions will lead the market to rise at a 24.2% CAGR from 2012 to 2018. Owing to this, the global stem cells market will be valued at US$119.52 bn by the end of 2018.
The leading companies profiled in the stem cells market report are Osiris Therapeutics, Advanced Cell Technology Zach Mettenberger Jersey , Cellartis AB, Bioheart, Cellular Engineering Technologies, Biotime Inc., Cytori Therapeutics Inc., Angel Biotechnology, Stemcelltechnologies Inc., California Stem Cell Inc., Brainstorm Cell Therapeutics Odell Beckham Jr Jersey , and Celgene Corporation Inc. These players are analyzed based on aspects such as company and financial overview, product portfolio, business strategies, and recent developments.
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