The global stem cells source market is anticipated to grow at a considerable CAGR of around 15.5% during the forecast period (2022-2028). Stem cell therapy, also known as regenerative medicine, uses stem cells or their derivatives to promote the repair response of diseased patients, dysfunctional or injured tissue. The innovations in stem cell sources along with advancements in technology are accelerating the market growth. Induced pluripotent stem cells (iPSCs) which are genetically reprogrammed back to an embryonic stem cell-like state. iPSCs function similarly to embryonic stem cells (ESCs), having the ability to differentiate into specialized tissue cells according to the gene expression; this makes iPSCs an effective alternative to ESCs.
Browse the full report description of “Global Stem Cell Source Market Size, Share & Trends Analysis Report by Type (Allogeneic, and Autologous), and by Application (Research, Therapeutics, Oncology, Musculoskeletal Disorder, Blood Disorder, Autoimmune Disease, and Others) Forecast 2022-2028” at https://www.omrglobal.com/industry-reports/stem-cell-source-market
The lack of cost-effective therapies for chronic diseases has harmed the health of the population in less-developed countries, resulting in a low average life expectancy. According to the DVCSTEM, the average cost of stem cell therapy in the United States is between $20,000 and $25,000, $33,000 in Mexico, $30,000 in Central America, and $50,000 in Asia, limiting the market growth.
Market Coverage
• The market number available for – 2022-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Type
o By Application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- Smith & Nephew PLC, MEDIPOST Co., Ltd., Anterogen Co., Ltd., PHARMICELL Co., Ltd., JCR Pharmaceuticals Co., Ltd., and others. .
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Stem cells source Market Report Segment
By Type
By Application
Global Stem cells source Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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