Market Analysis and Insight: Global Human Embryonic Stem Cell Market
Human Embryonic Stem Cell Market By Type (Totipotent Stem Cells, Pluripotent Stem Cells, Unipotent Stem Cells), Application (Regenerative Medicine, Stem Cell Biology Research, Tissue Engineering, Toxicology Testing), End User (Research, Clinical Trials, Others), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026
Global human embryonic stem cell market estimated to register a healthy CAGR of 10.5% in the forecast period of 2019 to 2026. The imminent market report contains data for historic year 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026. The growth of the market can be attributed to the increase in tissue engineering process.
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Market Definition: Global Human Embryonic Stem Cell Market
Human embryonic stem cell is pluripotent stem cells, derivative of inner cell of blastocyst from inner cell mass of embryo. Embryonic stem cell gives rise to somatic cells in embryo. This is a useful tool to understand the difficult process mechanism involved in growth of specialized cells and establishment of organ structures, which are alternative to cancer therapy.
Market Drivers
• Increase prevalence of cardiac and malignant diseases is driving the market growth
• Growing R&D investments and research initiatives which will propel the market in the forecast period
• High requirement for regenerative medicines is acting as a catalyst for growth of the market
• Support from government in funding and regulation can also boost the market growth
Market Restraints
• Costly procedures and regulatory complications is acting as a restraint for the market growth
• Strict regulatory guidelines is hindering the growth of the market
• Ethical and policy concern may hamper the market in the forecast period
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Segmentation: Global Human Embryonic Stem Cell Market
By Type
• Totipotent Stem Cells
• Pluripotent Stem Cells
• Unipotent Stem Cells
By Application
• Regenerative Medicine
• Stem Cell Biology Research
• Tissue Engineering
• Toxicology Testing
By End User
• Research
• Clinical Trials
• Others
By Geography
• North America
o U.S.
o Canada
o Mexico
• South America
o Brazil
o Rest of South America
• Europe
o Germany
o Italy
o U.K.
o France
o Spain
o Netherlands
o Belgium
o Switzerland
o Turkey
o Russia
o Rest of Europe
• Asia-Pacific
o Japan
o China
o India
o South Korea
o Australia
o Indonesia
o Malaysia
o Singapore
o Thailand
o Philippines
o Rest of Asia-Pacific
• Middle East and Africa
o South Africa
o Rest of Middle East & Africa
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Key Developments in the Market:
• In January 2019, STEMCELL Technologies, launched mTeSR Plus, a Next-generation culture system for human embryo system and IPS cell maintenance. This launch will able to promote more consistent cell culture environment through sustained medium pH and stabilized components
• In January, 2018 Mayo Foundation for Medical Education and Research, got approval on the tool named as automated bioreactor. This tool can manufacture the stem cells, in billions within a day. This will allow the company to harvest the cell from bone marrow, this will allow the treatment of patients when their own cell is not in use, which will allow the Mayo Clinic to accelerate its existing studies using stem cells
Competitive Analysis:
Global human embryonic stem cell 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 human embryonic stem cell market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors:
Some of the major companies functioning in global human embryonic stem cell market are Arizona Board of Regents, STEMCELL Technologies Inc, Cellular Engineering Technologies, CellGenix GmbH, PromoCell GmbH, Lonza, Kite Pharma, Takeda Pharmaceutical Company Limited, BrainStorm Cell Limited., CELGENE CORPORATION, Osiris Therapeutics,Inc, U.S. Stem Cell, Inc, Waisman Biomanufacturing, Caladrius, Pfizer Inc., Thermo Fisher Scientific, Merck KGaA, Novo Nordisk A/S, Johnson & Johnson Services, Inc and SA Biosciences Corporation among others.
Research Methodology: Global Human Embryonic Stem Cell Market
Data assemblage and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technical Writers, Scientists, Promoters, and Investors among others.
Reasons to Purchase this Report
• Current and future of global human embryonic stem cell market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
• Regions/Countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players
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