Stem Cell Therapy Market to Witness an Appreciable Growth By 2025
Category: #healthcare  By Ronak Bora  Date: 2021-03-26
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Stem Cell Therapy Market to Witness an Appreciable Growth By 2025

Stem cell therapy market is projected to surge owing to increasing government spending on research activities aimed at development of stem cell therapy for treatment of life-threatening diseases. Stem cell therapy, also known as regenerative medicine, promotes repair response of dysfunctional, diseased, or injured tissue using derivatives of stem cells. Researchers are examining different aspects of stem cell therapy for its applications in neurological disorders and other diseases.

Increasing research and development of personalized medicines and novel therapies coupled with favorable government initiatives will positively impact stem cell therapy market growth. Governments across nations are ensuring that academic centers and laboratories for research are well-equipped with advanced devices and necessary equipment for facilitating the stem cell therapy research processes.

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Growing prevalence of chronic diseases owing to genetic disorders and unhealthy lifestyle adoption among masses will positively impact stem cell therapy market outlook. Stem cell therapy offers various benefits over conventional therapeutic methods, which makes it preferable for curing degenerative cell disorders. For instance, researchers are extensively seeking to regenerate healthy heart cells from placenta to treat patients after myocardial infarction. Advancing researches in stem cell therapy offer better prospects for curing cardiovascular diseases and minimizing mortality rates.

With rise in accidents and trauma cases that are being registered across the globe, stem cell therapy industry is estimated to garner considerable proceeds from orthopedic segment. Over the forecast timeline, orthopedic segment is projected to witness growth of more than 9%.

Rising government initiatives for promoting stem cell therapy in developing countries will propel stem cell therapy industry growth in the APAC region. Governments across developing countries are encouraging researchers and scientists to carry out studies to advance stem cell therapies in order to develop innovative solutions for treating chronic diseases. Moreover, many countries in the region are being backed by government funds to establish stem cell

Europe’s stem cell therapy market is projected to experience a CAGR of nearly 10% up to 2025. The escalating prevalence of various chronic diseases will drive the demand for advanced therapeutic solutions in the region. Ongoing efforts from regulatory bodies to create awareness regarding stem cell therapy and its advantages among people will bolster the regional industry outlook.

Prominent firms involved in the development of novel stem cell therapy solutions include Takeda Pharmaceuticals, ReNeuron Group, Celyad, Capricor Therapeutics, Gamida Cell, Novadip Biosciences, Cellular Dynamics, DiscGenics, CESCA Therapeutics, Mesoblast, OxStem, Cellectis, and Astellas Pharma. These companies are focusing on several strategies such as acquisitions, mergers, and new product development to sustain their market position.

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Partial Chapter of the Table of Content

Chapter 4.    Stem Cell Therapy Market, By Type

4.1. Key segment trends

4.2. Allogenic stem cell therapy

4.2.1.  Market size, by region, 2014-2025 (USD Million)

4.3. Autologous stem cell therapy

4.3.1.  Market size, by region, 2014-2025 (USD Million)

Chapter 5.    Stem Cell Therapy Market, By Application

5.1. Key segment trends

5.2. Oncology

5.2.1.  Market size, by region, 2014-2025 (USD Million)

5.3. Orthopedic

5.3.1.  Market size, by region, 2014-2025 (USD Million)

5.4. Cardiovascular

5.4.1.  Market size, by region, 2014-2025 (USD Million)

5.5. Neurology

5.5.1.  Market size, by region, 2014-2025 (USD Million)

5.6. Others

5.6.1.  Market size, by region, 2014-2025 (USD Million)

Chapter 6. Stem Cell Therapy Market, By End-users

6.1. Key segment trends

6.2. Hospitals

6.2.1.  Market size, by region, 2014-2025 (USD Million)

6.3. Clinics

6.3.1.  Market size, by region, 2014-2025 (USD Million)

6.4. Others

6.4.1.  Market size, by region, 2014-2025 (USD Million)

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About Author

Ronak Bora    

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...

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