The global stem cell assay market was valued at over US$ 450.0 Mn. in 2017 and is anticipated to grow at a CAGR of 19.9% from 2019 to 2030. The major factors driving the growth of the market includes increasing burden of chronic diseases, growing investment in R&D, and technological developments in biotech and pharmaceutical industry.
Major Players in the market focusing on R&D
Key players operating in the global stem cell assay market are Thermo Fisher Scientific, Promega Corporation, STEMCELL Technologies Inc., Merck KGaA, GE Healthcare, Bio-Techne Corporation, Hemogenix, Bio-Rad Laboratories, Inc., Cellular Dynamics International Inc., and Cell Biolabs Inc.
Request Sample Report with Industry Insights of “Stem Cell Assay Market” @
https://www.marketindustryreports.com/sample/8
Increasing burden of chronic diseases to boost the market growth
Increasing global burden of diseases such as diabetes, cancer, and others are projected to be the major factors leading to the market growth. According to the World Health Organization (WHO) in 2017, number of patients suffering from type I and type II diabetes was estimated to be over 422 million. Moreover, the disease is expected to be the seventh largest cause of death by 2030.
According to American Cancer Society, in 2017, there were over 1.6 million new cancer cases in the U.S. Hence, there exists a need for developing new treatment methods which have led to the rise in approvals of clinical trials for the stem cell based therapies.
Stem cells to be the future of regenerative medicine
Stem cells possess the regenerative quality which has been utilized for the treatment of various diseases such as diabetes. Recently in 2018, Scientists at Cincinnati Children Center for Stem Cell and Organoid Medicine (CuSTOM) have artificially grown esophagus tissues in the research laboratory using the pluripotent stem cells. These lab grown esophagi are expected to help treat a range of condition including gastro esophageal reflux disease, esophageal cancer, esophageal atresia, esophageal achalasia and various others
Segmentation Based On:
By Type:
- Adult Stem Cells
- Human Embryonic Stem Cells
By Application:
- Regenerative Medicine,
- Drug discovery
- Clinical research
Go For Interesting Discount Here:
https://www.marketindustryreports.com/discount/8
Table of Contents
- INTRODUCTION
- Market Definition
- Market Ecosystem
- Market Classification
- Geographic Scope
- Years Considered for the Study
- Historical Years – 2016 & 2017
- Base Year – 2018
- Forecasted Years – 2019 to 2030
- Currency Used for the Study
- Report Beneficiary List
- RESEARCH METHODOLOGY
- Research Framework
- Data Collection Technique
- Data Sources
- Secondary Sources
- Primary Sources
- Market Estimation Methodology
- Bottoms Up Approach
- Top Down Approach
- Data Validation and Triangulation
- Market Forecasting Model
- Limitations of the Study
- Assumptions of the Study
- ABSTRACT OF THE STUDY
- MARKET DYNAMICS ASSESMENT
- Overview
- Drivers
- Barriers/Challenges
- Opportunities
- UNIQUE SELLING PROPOSITIONS (USPs)
- Application Horizon Assessment
- Initiatives Assessment: Government & Private Bodies
- Regulatory & Reimbursement Scenario Snapshot
- GLOBAL STEM CELL ASSAY MARKET – ANALYSIS & FORECAST, BY PRODUCT & SERVICES
- Introduction & Definition
- Instruments
- Kits & Reagents
- Services
Have any query? Inquiry here for Customization about report at:
https://www.marketindustryreports.com/inquiry/8
About Market Industry Reports:
Market Industry Reports is a global leader in market measurement & advisory services, Market Industry Reports is at the forefront of innovation to address the worldwide industry trends and opportunities. We identified the caliber of market dynamics & hence we excel in the areas of innovation and optimization, integrity, curiosity, customer and brand experience, and strategic business intelligence through our research.
Contact Us:
Phone: + 91 8956767535
Email: sales@marketindustryreports.com
Website: www.marketindustryreports.com
