According to the report Global Stem Cell Assay Market, published by Market Data Forecast, the market is projected to reach USD 1358.1 million by 2021, at a CAGR of 20.2% from 2016 to 2021. Stem cells are undifferentiated biological cells which differentiate into specialized cells and can divide through the process of mitosis to generate more stem cells. They are generally found in multicellular organisms. These are used in various medical therapies and will revolutionize healthcare system when it is fully developed.
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Global Stem Cell Assay Market: Drivers & Restraints
The market is driven by increasing prevalence of chronic diseases, rising investment in research related activities, and technological advancements. The constraints of this market are collection of stem cells from human embryos leading to ethical issues, absence of proper infrastructure and high costs of therapies or drugs.
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Global Stem Cell Assay Market: Segmentation
- Isolation & Purification
- Cell Identification
- Adult Stem Cells Kits
- Mesenchymal Stem Cell Kits
- Induced Pluripotent Stem Cell Kits (IPSCs)
- Hematopoietic Stem Cell Kits
- Umbilical Cord Stem Cell Kits
- Neuronal Stem Cell Kits
- Human Embryonic Stem Cell Kits
o Micro Electrode Arrays
o Cell Imaging Systems
o Automated Cell Counter
o Flow Cytometer
- Detection Kits
o Immuno Histochemistry Kits
- Regenerative Medicine & Therapy Development
- Orthopedic & Musculoskeletal Spine
- Central Nervous System
- Drug Discovery and Development
- Clinical Research
By End User
- Research Institutes
- Industry Research
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Global Stem Cell Assay Market: Overview
In the type segment viability/cytotoxicity segment had the largest share of the global market in 2016 and isolation & purification segment his expected to have fastest growth during the forecast period. In the kit segment, the adult stem cell kits segment is expected to have highest CAGR during the forecast period owing to the effectiveness of this type of kit in the analysis of cells.
In the Instruments segment, flow cytometer segment had highest CAGR.
Global Stem Cell Assay Market: Region-wise Outlook
Based on geography, the market is segmented into North America, Global, Asia-Pacific, Latin America, Middle East and Africa. North America has the largest market share due to the factors like growing aging population and increasing prevalence of chronic diseases.
Asia-Pacific is the fastest growing market owing to the increasing adoption of stem cell based therapies in this region.
Key Questions Answered
- What is the current and future Global Stem Cell Assay market outlook? What trends are affecting the market?
- What is the competitive landscape and market share of major players in the Global Stem Cell Assay market?
- What are the key market segments that currently occupy the highest market share? Which market segments are growing the fastest?
- What challenges are restraining the growth of the Global Stem Cell Assay market? How will emerging technologies answer these challenges?
- What is physician perception and market outlook of Global Stem Cell Assay?
Global Stem Cell Assay Market: Key Players
Some of the major players in the market include Bio-Techne Corporation, Thermo Fisher Scientific Inc., Merck KGaA, STEMCELL Technologies Inc., Promega Corporation, GE Healthcare, Bio-Rad Laboratories, Inc., Cellular Dynamics International Inc., Hemogenix, and Cell Biolabs Inc.
Reasons to access Global Stem Cell Assay Market Report:
- Regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
- Segment-level analysis on basis of product type, end user, application along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
- Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
- Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
- A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
- Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
- Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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