Stem Cells Market Outlook 2028
The global stem cells market was valued over US$ 11.73 Bn in 2020
It is estimated to expand at a CAGR of 10.4% from 2021 to 2030
The global stem cells market is expected to reach the value of US$ 25.68 Bn by the end of 2030
Analysts’ Viewpoint on Stem Cells Market Scenario
Stem cells are used in treating various illnesses in the body. Technological advancements in healthcare and pharmaceutical industries are creating potential revenue opportunities for market players operating in the stem cells market. Increasing investments in R&D activities to explore innovative ways to use stem cells for different healthcare applications are driving the global stem cells market. The growing incidences of diseases such as cancer, diabetes, and heart diseases boost the demand for stem cells. Market players are exploring new approaches to culturing or utilizing stem cells in various applications. Rapid expansion of pharmaceutical companies and clinical research institutes in developed regions is fueling the growth of the market. High cost is a major factor affecting the growth of the global stem cells market. Companies in the stem cells market should experiment with new techniques to improvise the testing processes.
Increasing Demand for Stem Cells in Regenerative Medicines Accelerates Market Growth
The global stem cells market is majorly driven by rising applications of stem cells in regenerative medicines. Increase in the number of chronic diseases such as cardiac diseases, diabetes, cancer, etc. across the globe is responsible for market growth. Regenerative medicines are used in the treatment of various diseases, and are made using stem cells in order to repair an injured tissue. The rising clinical trials for regenerative medicines, along with increasing development in stem cell-based therapies is the factor creating value-grab opportunities for the market players. Companies operating in the global stem cells market are conducting basic research and preclinical trials for testing the regenerative capacity of stem cells in the treatment of various neurological conditions. With consistent efforts of scientists and R&D activities in stem cell biologics, market players are gaining lucrative growth opportunities in the global market.
Rising Healthcare Expenditure and Increasing Investment in R&D Activities
There has been a lot of research & development activities in the field of stem cells biologics. The high demand for stem cells in therapeutic treatments for neurological disorders, cancer, heart diseases, diabetes, etc. is driving the global market, creating lucrative revenue opportunities for manufacturers in the stem cells market. Governments are taking steps to support pharmaceutical companies, and investing in research and development activities. Manufacturers are bolstering their R&D capabilities to experiment with new technologies and applications. Manufacturers operating in the global stem cells market are using technological innovations to stay ahead of the competition and generate more revenue opportunities. Increasing healthcare expenditure, research & development activities, and trending advances in biologics strengthen the scope and expansion of the stem cells market.
Increase in Funding for Stem Cell Research Generates Potential Opportunities
Increasing applications of stem cells for many health conditions and chronic diseases that affect millions of people globally. Consistent research in the field of stem cells is one of the key factors driving the growth of the market. Funding provided by governments and other private organizations to carry out extensive research on stem cells are encouraging market stakeholders to pave their ways in the global market by providing treatment for various chronic illnesses. The stem cells market is expected to witness abundance of growth opportunities in the upcoming years. The increasing number of chronic illnesses is anticipated to revive the growth of the stem cells market.
North America Market Players Offering Profitable Revenue Opportunities
North America is expected to account for a major share of the global stem cells market during the forecast period. The North America stem cells market is majorly driven by increasing prevalence of lifestyle diseases such as diabetes, cancer, heart diseases, etc. in the region. In addition, technological advancements in healthcare, increasing investment on research & development activities, and growing number of diagnostic facilities are some of the key factors fueling market growth in North America. Manufacturers operating in the stem cells market are shifting toward electronics medical devices to increase the performance of services. Countries in Asia Pacific such as China and India are responsible for the fastest growth of the stem cells market in the region. Moreover, rapid urbanization and increasing spending on healthcare are factors contributing to the market growth in Asia Pacific.
Stem Cells Market: Overview
The global stem cells market for the historical period 2017–2019 and forecast period 2021–2028, Increasing health care expenditure in developing countries is projected to drive the global stem cells market during the forecast period
Increase in Funding for Stem Cell Research: Key Driver
Stem cells hold the promise for treatments and cures of more than 70 major diseases and conditions that affect millions of people globally. Several private and government sectors support funding for stem cell research.
According to Change.org, Inc., in the U.S., 64% of the people support federal funding of research on chronic diseases using stem cells taken from human embryos
Internationally, stem cell research is supported by significant government investments, with Asia being one of the most favorable regions. Stem cell research funding by the National Institutes of Health (NIH) has been increasing in the past few years.
Rise in Stem Cell Banking Services to Boost Market Growth
Umbilical cord blood provides a pool of hematopoietic and mesenchymal stem cells, which can be stored after childbirth for later use. The stored blood finds applications in treatment of hematological disorders such as leukemia, lymphoma, and sickle cell anemia.
The cost of storage is high, and according to the American Academy of Pediatrics, the odds that a person will require cord blood stem cells are 1:1,000
Nevertheless, parents opt for the storage and over 20,000 people in the U.S. have undergone surgeries, which have utilized stored umbilical cord blood
High Treatment Cost to Hamper Market
Stem cell treatment is expensive; major proportion of the global population cannot afford it
For instance, a full treatment with Prochymal, a stem cell-based drug approved in Canada to alleviate pediatric rejection of bone marrow transplants, is estimated to cost around US$ 200,000
This substantiates the fact that only a small proportion of population of the world is capable of spending on stem cell therapies
Stem Cells Market: Competition Landscape
This report profiles major players in the global stem cells market based on various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments
The global stem cells market is highly fragmented, with the presence of a number of international as well as regional players
Leading players operating in the global stem cells market are
Key Questions Answered in Stem Cells Market Report
Stem Cells Market – Segmentation
Product Type
Source
Application
End-user
Region
1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions and Research Methodology
3. Executive Summary: Global Stem Cells Market
4. Market Overview
4.1. Introduction
4.1.1. Product Type Definition
4.2. Overview
4.3. Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.4. Global Stem Cells Market Analysis and Forecast, 2017–2028
4.4.1. Market Revenue Projections (US$ Mn)
4.4.2. Market Volume/Unit Shipments Projections
5. Key Insights
5.1. Disease Prevalence & Incidence Rate globally with key countries
5.2. Key Industry Developments
5.3. Pipeline Analysis
5.4. COVID-19 Impact Analysis
6. Global Stem Cells Market Analysis and Forecast, by Product Type
6.1. Introduction & Definition
6.2. Key Findings / Developments
6.3. Market Value Forecast, by Product Type, 2017–2028
6.3.1. Adult Stem Cell
6.3.2. Human Embryonic Stem Cell
6.3.3. Induced Pluripotent Stem Cell
6.3.4. Others
6.4. Market Attractiveness Analysis, by Product Type
7. Global Stem Cells Market Analysis and Forecast, by Source
7.1. Introduction & Definition
7.2. Key Findings / Developments
7.3. Market Value Forecast, by Source, 2017–2028
7.3.1. Autologous
7.3.2. Allogenic
7.4. Market Attractiveness Analysis, by Source
8. Global Stem Cells Market Analysis and Forecast, by Application
8.1. Introduction & Definition
8.2. Key Findings / Developments
8.3. Market Value Forecast, by Application, 2017–2028
8.3.1. Regenerative Medicines
8.3.1.1. Neurology
8.3.1.2. Oncology
8.3.1.3. Cardiology
8.3.1.4. Others
8.3.2. Drug Discovery & Development
8.4. Market Attractiveness Analysis, by Application
9. Global Stem Cells Market Analysis and Forecast, by End-user
9.1. Introduction & Definition
9.2. Key Findings / Developments
9.3. Market Value Forecast, by End-user, 2017–2028
9.3.1. Therapeutics Companies
9.3.2. Cell & Tissue Banks
9.3.3. Tools & Reagents Companies
9.3.4. Service Companies
9.4. Market Attractiveness Analysis, by End-user
10. Global Stem Cells Market Analysis and Forecast, by Region
10.1. Key Findings
10.2. Market Value Forecast, by Region
10.2.1. North America
10.2.2. Europe
10.2.3. Asia Pacific
10.2.4. Latin America
10.2.5. Middle East & Africa
10.3. Market Attractiveness Analysis, by Country/Region
11. North America Stem Cells Market Analysis and Forecast
11.1. Introduction
11.1.1. Key Findings
11.2. Market Value Forecast, by Product Type, 2017–2028
11.2.1. Adult Stem Cell
11.2.2. Human Embryonic Stem Cell
11.2.3. Induced Pluripotent Stem Cell
11.2.4. Others
11.3. Market Value Forecast, by Source, 2017–2028
11.3.1. Autologous
11.3.2. Allogenic
11.4. Market Value Forecast, by Application, 2017–2028
11.4.1. Regenerative Medicines
11.4.1.1. Neurology
11.4.1.2. Oncology
11.4.1.3. Cardiology
11.4.1.4. Others
11.4.2. Drug Discovery & Development
11.5. Market Value Forecast, by End-user, 2017–2028
11.5.1. Therapeutics Companies
11.5.2. Cell & Tissue Banks
11.5.3. Tools & Reagents Companies
11.5.4. Service Companies
11.6. Market Value Forecast, by Country, 2017–2028
11.6.1. U.S.
11.6.2. Canada
11.7. Market Attractiveness Analysis
11.7.1. By Product Type
11.7.2. By Source
11.7.3. By Application
11.7.4. By End-user
11.7.5. By Country
12. Europe Stem Cells Market Analysis and Forecast
12.1. Introduction
12.1.1. Key Findings
12.2. Market Value Forecast, by Product Type, 2017–2028
12.2.1. Adult Stem Cell
12.2.2. Human Embryonic Stem Cell
12.2.3. Induced Pluripotent Stem Cell
12.2.4. Others
12.3. Market Value Forecast, by Source, 2017–2028
12.3.1. Autologous
12.3.2. Allogenic
12.4. Market Value Forecast, by Application, 2017–2028
12.4.1. Regenerative Medicines
12.4.1.1. Neurology
12.4.1.2. Oncology
12.4.1.3. Cardiology
12.4.1.4. Others
12.4.2. Drug Discovery & Development
12.5. Market Value Forecast, by End-user, 2017–2028
12.5.1. Therapeutics Companies
12.5.2. Cell & Tissue Banks
12.5.3. Tools & Reagents Companies
12.5.4. Service Companies
12.6. Market Value Forecast, by Country/Sub-region, 2017–2028
12.6.1. Germany
12.6.2. U.K.
12.6.3. France
12.6.4. Italy
12.6.5. Spain
12.6.6. Rest of Europe
12.7. Market Attractiveness Analysis
12.7.1. By Product Type
12.7.2. By Source
12.7.3. By Application
12.7.4. By End-user
12.7.5. By Country/Sub-region
13. Asia Pacific Stem Cells Market Analysis and Forecast
13.1. Introduction
13.1.1. Key Findings
13.2. Market Value Forecast, by Product Type, 2017–2028
13.2.1. Adult Stem Cell
13.2.2. Human Embryonic Stem Cell
13.2.3. Induced Pluripotent Stem Cell
13.2.4. Others
13.3. Market Value Forecast, by Source, 2017–2028
13.3.1. Autologous
13.3.2. Allogenic
13.4. Market Value Forecast, by Application, 2017–2028
13.4.1. Regenerative Medicines
13.4.1.1. Neurology
13.4.1.2. Oncology
13.4.1.3. Cardiology
13.4.1.4. Others
13.4.2. Drug Discovery & Development
13.5. Market Value Forecast, by End-user, 2017–2028
13.5.1. Therapeutics Companies
13.5.2. Cell & Tissue Banks
13.5.3. Tools & Reagents Companies
13.5.4. Service Companies
13.6. Market Value Forecast, by Country/Sub-region, 2017–2028
13.6.1. Japan
13.6.2. China
13.6.3. India
13.6.4. Australia & New Zealand
13.6.5. Rest of APAC
13.7. Market Attractiveness Analysis
13.7.1. By Product Type
13.7.2. By Source
13.7.3. By Application
13.7.4. By End-user
13.7.5. By Country/Sub-region
14. Latin America Stem Cells Market Analysis and Forecast
14.1. Introduction
14.1.1. Key Findings
14.2. Market Value Forecast, by Product Type, 2017–2028
14.2.1. Adult Stem Cell
14.2.2. Human Embryonic Stem Cell
14.2.3. Induced Pluripotent Stem Cell
14.2.4. Others
14.3. Market Value Forecast, by Source, 2017–2028
14.3.1. Autologous
14.3.2. Allogenic
14.4. Market Value Forecast, by Application, 2017–2028
14.4.1. Regenerative Medicines
14.4.1.1. Neurology
14.4.1.2. Oncology
14.4.1.3. Cardiology
14.4.1.4. Others
14.4.2. Drug Discovery & Development
14.5. Market Value Forecast, by End-user, 2017–2028
14.5.1. Therapeutics Companies
14.5.2. Cell & Tissue Banks
14.5.3. Tools & Reagents Companies
14.5.4. Service Companies
14.6. Market Value Forecast, by Country/Sub-region, 2017–2028
14.6.1. Brazil
14.6.2. Mexico
14.6.3. Rest of LATAM
14.7. Market Attractiveness Analysis
14.7.1. By Product Type
14.7.2. By Source
14.7.3. By Application
14.7.4. By End-user
14.7.5. By Country/Sub-region
15. Middle East & Africa Stem Cells Market Analysis and Forecast
15.1. Introduction
15.1.1. Key Findings
15.2. Market Value Forecast, by Product Type, 2017–2028
15.2.1. Adult Stem Cell
15.2.2. Human Embryonic Stem Cell
15.2.3. Induced Pluripotent Stem Cell
15.2.4. Others
15.3. Market Value Forecast, by Source, 2017–2028
15.3.1. Autologous
15.3.2. Allogenic
15.4. Market Value Forecast, by Application, 2017–2028
15.4.1. Regenerative Medicines
15.4.1.1. Neurology
15.4.1.2. Oncology
15.4.1.3. Cardiology
15.4.1.4. Others
15.4.2. Drug Discovery & Development
15.5. Market Value Forecast, by End-user, 2017–2028
15.5.1. Therapeutics Companies
15.5.2. Cell & Tissue Banks
15.5.3. Tools & Reagents Companies
15.5.4. Service Companies
15.6. Market Value Forecast, by Country/Sub-region, 2017–2028
15.6.1. GCC Countries
15.6.2. South Africa
15.6.3. Rest of MEA
15.7. Market Attractiveness Analysis
15.7.1. By Product Type
15.7.2. By Source
15.7.3. By Application
15.7.4. By End-user
15.7.5. By Country/Sub-region
16. Competition Landscape
16.1. Market Player - Competition Matrix (by tier and size of companies)
16.2. Market Share/Ranking Analysis, by Company, 2020
16.3. Company Profiles
16.3.1. STEMCELL Technologies, Inc.
16.3.1.1. Company Overview (HQ, Business Segments, Employee Strength)
16.3.1.2. Financial Overview
16.3.1.3. Product Portfolio
16.3.1.4. SWOT Analysis
16.3.1.5. Strategic Overview
16.3.2. Astellas Pharma, Inc.
16.3.2.1. Company Overview (HQ, Business Segments, Employee Strength)
16.3.2.2. Financial Overview
16.3.2.3. Product Portfolio
16.3.2.4. SWOT Analysis
16.3.2.5. Strategic Overview
16.3.3. Cellular Engineering Technologies, Inc.
16.3.3.1. Company Overview (HQ, Business Segments, Employee Strength)
16.3.3.2. Financial Overview
16.3.3.3. Product Portfolio
16.3.3.4. SWOT Analysis
16.3.3.5. Strategic Overview
16.3.4. BioTime, Inc.
16.3.4.1. Company Overview (HQ, Business Segments, Employee Strength)
16.3.4.2. Financial Overview
16.3.4.3. Product Portfolio
16.3.4.4. SWOT Analysis
16.3.4.5. Strategic Overview
16.3.5. Takara Bio, Inc.
16.3.5.1. Company Overview (HQ, Business Segments, Employee Strength)
16.3.5.2. Financial Overview
16.3.5.3. Product Portfolio
16.3.5.4. SWOT Analysis
16.3.5.5. Strategic Overview
16.3.6. U.S. Stem Cell, Inc.
16.3.6.1. Company Overview (HQ, Business Segments, Employee Strength)
16.3.6.2. Financial Overview
16.3.6.3. Product Portfolio
16.3.6.4. SWOT Analysis
16.3.6.5. Strategic Overview
16.3.7. BrainStorm Cell Therapeutics, Inc.
16.3.7.1. Company Overview (HQ, Business Segments, Employee Strength)
16.3.7.2. Financial Overview
16.3.7.3. Product Portfolio
16.3.7.4. SWOT Analysis
16.3.7.5. Strategic Overview
16.3.8. Cytori Therapeutics, Inc.
16.3.8.1. Company Overview (HQ, Business Segments, Employee Strength)
16.3.8.2. Financial Overview
16.3.8.3. Product Portfolio
16.3.8.4. SWOT Analysis
16.3.8.5. Strategic Overview
16.3.9. Osiris Therapeutics, Inc.
16.3.9.1. Company Overview (HQ, Business Segments, Employee Strength)
16.3.9.2. Financial Overview
16.3.9.3. Product Portfolio
16.3.9.4. SWOT Analysis
16.3.9.5. Strategic Overview
16.3.10. Caladrius Biosciences, Inc.
16.3.10.1. Company Overview (HQ, Business Segments, Employee Strength)
16.3.10.2. Financial Overview
16.3.10.3. Product Portfolio
16.3.10.4. SWOT Analysis
16.3.10.5. Strategic Overview
16.3.11. Other Prominent Players