According To New research By Data Bridge Market Research on The Global Stem Cell manufacturing Market is expected to reach USD 16.51 Billion by 2025, from USD 10.28 Billion in 2017 growing at a CAGR of 6.1% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2017, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Some of the major players operating in the stem cell manufacturing market are:-
- Thermo Fisher Scientific.
- Merck Group,
- Dickinson and Company.
- Holostem Advanced Therapies,
- JCR Pharmaceuticals,
- Organogenesis Inc,
- Osiris Therapeutics,
- Osiris Therapeutics,
- Vericel Corporation,
- American CryoStem,
- Astellas Pharma,
- Bristol-Myers Squibb,
- Apceth Biopharma,
- Cellular Dynamics International,
- Takeda Pharmaceutical,
- Teva Pharmaceutical Industries Ltd.
- VistaGen Therapeutics Inc,
- Translational Biosciences,
- GlaxoSmithKline plc,
- Daiichi Sankyo Company, Limited,
- among others.
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This market report defines the market trends and forecast the upcoming opportunities and threats of the stem cell manufacturing market in the next 8 years. Stem cell manufacturing is a process of extracting the cells either from bone marrow or peripheral blood cells and culturing the cells in the culture dish containing nutrient media. Stem cells can be isolated from umbilical cord blood, placenta, amniotic sac, amniotic fluid, adipose tissue and menstrual blood. Stem cell manufacturing is used in the cell therapy as well as in gene therapy. Stem cell therapy is under research for many diseases like degenerative diseases and hematopoietic disorders like sickle cell anemia, storage disorders. Now stem cells are also used in making the cell and tissue bank. Some of the cell culture banks are National Institute of Biomedical Innovation, Health and Nutrition and World Federation for Culture Collections.
Major Market Drivers:
- Awareness towards diseases like cancer, hematopoietic disorders and degenerative disorders.
- Increase in the research and development in pharmaceutical and biotechnology sector
- Increased investment in research and development of stem cell therapy including cell therapy and gene therapy
- Increased research and development in animal biotechnology sector for the production of better yield
- Downward pricing pressure owing to its commodity nature
- People ethics like it is embryonic stem cell research violates respect for human life
The Global Stem Cell Manufacturing Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of stem cell manufacturing market for global, Europe, North America, Asia Pacific and South America.
Key Questions Answered in Global Stem Cell Manufacturing Market Report:-
What will the market growth rate, Overview and Analysis by Type of Global Stem Cell Manufacturing Market in 2025?
What are the key factors driving, Analysis by Applications and Global Stem Cell Manufacturing Market?
What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Stem Cell Manufacturing Market?
Who are Opportunities, Risk and Driving Force of Global Stem Cell Manufacturing Market?
Who are the opportunities and threats faced by the vendors in Global Stem Cell Manufacturing Market?
What are the Global Stem Cell Manufacturing Market opportunities, market risk and market overview of the Market?
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