The Global Stem Cell Therapy Industry Analysis by BIS Research projects the market to grow at a significant CAGR of 27.99% during the forecast period, 2019-2029.
In 2018, the market size of the global stem cell therapy market was valued at $755.4 million and is expected to reach $11,003.1 million in 2029, registering a CAGR of 27.99% during the forecast period between 2019 and 2029.
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The global stem cell therapy market is fairly concentrated, marking the presence of a large number of juggernauts such as Orthofix Holdings, Inc., NuVasive, Inc., Osiris Therapeutics, Inc., Chiesi Farmaceutici S.p.A., as well as other medium and small-medium enterprises. Increasing funding from the government and other public and private organizations is leading to a growing focus on stem cells, driving enormous research in order to understand its therapeutic potential in different disorders.
Increasing awareness and proven effectiveness of stem cell therapy products are the prominent driving factors for the global stem cell therapy market. In addition, supportive regulations across developing countries coupled with the development of novel technologies are offering amazing growth possibilities for the future growth of the market.
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Some of the key players of the global stem cell therapy market include Cytori Therapeutics, Cynata Therapeutics, Reliance Life Science, ANTEROGEN.CO., LTD., NuVasive, Inc., Orthofix Holdings, Inc., Osiris Therapeutics, Inc., and RTI Surgical Holdings, Inc.
Key Questions Answered in this Report:
- What is the therapeutic potential of stem cells and what are the major application areas of stem cell therapy?
- What are the key trends of the global stem cell therapy market? How is the market evolving and what is its future scope?
- What are the major drivers, challenges, and opportunities of the global stem cell therapy market?
- What are the key developmental strategies implemented by the key players of the global stem cell therapy market to sustain the competition of the market? What is the percentage share of each of the key players in different key developmental strategies?
- Which are the key companies offering stem cell therapy products and which are the other companies dealing in stem cell therapies and have their products in the pipeline?
- Which are the leading companies dominating the global stem cell therapy market? What was the market share of each of the key players of the global stem cell therapy market in 2018?
- What is the regulatory scenario of the global stem cell therapy market? What are the initiatives implemented by different governmental bodies to promote research involving stem cells?
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