WiseGuyReports.Com Publish a New Market Research Report On –“ Stem Cell Manufacturing 2019 Global Market Outlook,Research,Trends and Forecast to 2023”.
Stem cells involve the of refining cells obtained from bone marrow or blood platelets. These cells are used for converting into specialized types of cells, and thus are crucial for regenerative therapies. As the demand for regenerative procedures increase, the demand for stem cells is also expected to show a strong incline. Stem cells are now used for treating a large number of ailments, ranging from cancers to organ transplants. Apart from these, stem cell treatments are also useful for people suffering from spinal cord injuries, heart diseases, and strokes.
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Thermo Fisher Scientific(US), Fujifilm (New York), Becton, Dickinson and Company(US), Bio-Rad Laboratories, Inc(US), Bristol-Myers Squibb Company(US), Athersys, Inc(US), Lonza (Switzerland), among others are some of the major players in the global stem cell manufacturing market.
Stem cells form the raw material for the human body. In the right kind of environment, stem cells may be used for generating more cells, which are known as daughter cells. Such generation may be carried out of the human body, in a laboratory as well. Stem cell manufacturers carry out this process under heavily controlled conditions and provide important service to medical industry.
With growing emphasis on regenerative therapies, the demand for stem cells is expected to increase in the future. The market size for stem cell manufacturers will likely touch $17.46 billion mark by 2023, thus showing an impressive CAGR of 17.5 percent. Further, the increase in the demand for stem cells is expected to come from around the world including emerging markets such as India and China. Artificial stem cell manufacturing in the laboratories is expected to be the major source of stem cells in market.
The report uses varied criteria to divide the market into different segments. On the basis of application, the report offers deep insight into market segments such as research and development, tissue banking and cell therapy. The report further delves into different segments of the market on the basis of product, which are stem cell lines, instruments, culture media, and consumables. Another bifurcation of the market is done on the basis of the end users. On this basis, the report provides detailed information about hospitals & stem cell banks segment and pharmaceuticals, biotech companies, & CRO segment. Such segmentation ensures that the report provides specific and focused information.
The report provides regional analysis of the stem cell manufacturing market. It divides the global market into regional markets which are North America, Europe, Asia Pacific, Middle East, Africa, and LATAM. While currently the demand is stronger in developed markets such as North America and Europe, the future seems to belong to the emerging markets. In the coming times, markets such as Asia Pacific and LATAM are expected to become crucial for stem cell manufacturers. In the current competitive landscape, emerging markets are becoming attractive for the manufacturers as the demand for stem cell looks to remain robust.
Stem cell manufacturing market is highly complex and competitive. Due to its attractiveness, a large number of players have entered the segment. The market is expected to undergo consolidation in the near future, which may see drastic changes in the competitive landscape.
NanoSurface Biomedical, which provides innovative products and services in the medical field, has acquired Silene Biotech, a company specializing in stem cell banking.
Table Of Contents – Major Key Points
1 Executive Summary
2 Market Introduction
3 Research Methodology
4 Market Dynamics
5 Market Factor Analysis
6 Global Stem Cell Manufacturing Market, by Application
7 Global Stem Cell Manufacturing Market, by Product
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