New report published by Global Info Research which offers insights on the global Animal Stem Cell Therapy market.
Animal stem cell therapy is a usage of animal’s stem cell to treat a disease or disorder. The ability of stem cell is to divide and differentiate into a cell with specialized function useful for repairing body tissues damaged by injury or disease. The animal stem cell therapy process involves three steps which include collection of stem cell sample from animals and preparing the sample to concentrate the stem cells. Finally, the therapy includes transferring the stem cells into the injured site for treatment. Animal stem cell therapy increases the expectancy of life in animals with no side effects. It is available for the treatment of arthritis, degenerative joint disorders, tendon, and ligaments injuries in animals. Stem cell therapy is most often used to treat dogs, cats, and horses. But recent developments made it possible to use animal stem cell therapy in tiger, pig, etc. Present animal stem cell therapy is studied in treatments of the inflammatory bowel, kidney, liver, heart and immune-mediated diseases respectively.
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Global Animal Stem Cell Therapy Market: Forecast by Type / Application / Region
The major players in global Animal Stem Cell Therapy market include, Medivet Biologics LLC, VETSTEM BIOPHARMA, J-ARM, U.S. Stem Cell, VetCell Therapeutics, Celavet Inc., Magellan Stem Cells, Kintaro Cells Power, Animal Stem Care, Animal Cell Therapies, Cell Therapy Sciences and Animacel.
On the basis of product, the Animal Stem Cell Therapy market is primarily split into, Dogs, Horses and Others.
On the basis on the end users/applications, this report covers, Veterinary Hospitals and Research Organizations.
Animal stem cell therapy is a usage of animal’s stem cell to treat a disease or disorder. The ability of stem cell is to divide and differentiate into a cell with specialized function useful for repairing body tissues damaged by injury or disease.
In the last several years, global market of Animal Stem Cell Therapy developed rapidly, with an average growth rate of 36.03%. In 2017, global revenue of Animal Stem Cell Therapy is nearly 16.3 M USD.
The classification of animal stem cell therapy includes dogs, horses and others. And the proportion of dogs in 2017 is about 50.42%, and the proportion is in increasing trend from 2013 to 2017.
Animal Stem Cell Therapy is widely used in veterinary hospitals and research organizations. The most proportion of Animal Stem Cell Therapy is used in veterinary hospitals, and the revenue in 2017 is 13 M USD.
North America is the largest consumption region of animal stem cell therapy, with a consumption market share nearly 58.63% in 2017. Japan is the second largest supplier of animal stem cell therapy, enjoying production market share nearly 15.17% in 2017.
Market competition is intense. Medivet Biologics LLC, VETSTEM BIOPHARMA, J-ARM, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
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Related Information:
United States Animal Stem Cell Therapy Market 2018 Forecast to 2023
Europe Animal Stem Cell Therapy Market 2018 Forecast to 2023
North America Animal Stem Cell Therapy Market 2018 Forecast to 2023
Asia-Pacific Animal Stem Cell Therapy Market 2018 Forecast to 2023
China Animal Stem Cell Therapy Market 2018 Forecast to 2023
EMEA Animal Stem Cell Therapy Market 2018 Forecast to 2023
Global Animal Stem Cell Therapy Market 2018 Forecast to 2023
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