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Stem Cell Assay Market by Type, Cell Type, Product & Service, Application, End User - Global Forecast to 2023

Stem Cell Assay Market: Global Forecast until 2023

  • March 2018
  • 226 pages
  • ID: 4221306
In this report:
In 2018, the orthopedic and musculoskeletal spine applications segment is expected to account for the largest share of ##.##% of the stem cell assays market for regenerative medicine and therapy development in the RoAPAC.
In 2018, the orthopedic and musculoskeletal spine applications segment is expected to account for the largest share of ##.##% of the Asia Pacific stem cell assays market for regenerative medicine and therapy development.


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The overall stem cell assay market forecasted to grow at a compound annual growth rate (CAGR) of 20.1% during the forecast horizon.

The stem cell assay market is forecasted to reach $1978.70M by 2023 from $791.90M in 2018, at a compound annual growth rate (CAGR) of 20.10 percent. The availability of funding for stem cell research; growing incidence of target indications; technological improvements in stem cell research instruments and the introduction of novel stem cell products; and the rise of end-use sectors are the main factors driving the increase of this market. On the other hand, ethical issues associated to embryonic stem cell research and the high cost of stem cell analysis instruments and reagents are factors anticipated to restrain the rise of this market to a certain extent.

By category, the isolation & purification segment is anticipated to rise at the maximum growth rate during the outlook period.

This industry is categorized by category into viability/cytotoxicity, isolation & purification, cell identification, proliferation, differentiation, function, and apoptosis assays.The isolation & purification segment is intended to grow at the maximal rate during the estimate period.

The increasing demand for stem cell isolation assays in biotechnology and biopharmaceutical firms for drug development processes is driving the rise of this segment.

Biopharmaceutical & biotechnology firms to lead the end-user market during the outlook period.

By final user, the stem cell assay market is broken down into biopharmaceutical & biotechnology firms; and research institutes.The biopharmaceutical & biotechnology companies segment is anticipated to grow at the highest CAGR (Compound annual growth rate) during the estimate period.

Stem cell assays are widely used by biopharmaceutical & biotechnology firms for drug screening and development and cell study, which is the main factor driving the rise of this end-user segment in this sector.

North America (NA) is forecasted to grow at the highest compound annual growth rate (CAGR) during the study period.

In 2017, the stem cell assay market was dominated by North America continent; and also expected to grow at the Higest increase rate during the outlook period.The increase of this segment can be accredited to the growing availability of grants and funding from governments as well as the growing use of stem cells for personalized medicine and drug discovery & development.

Furthermore, the rise of the biotechnology and pharmaceutical sector and increasing incidence of cancer are also contributing to market increase in North America (NA).

The primary interviews conducted for this market report can be categorized as follows:

• By Company category - Tier 1 - 60.0 percent, Tier 2 - 20.0 percent and Tier 3 - 20.0 percent

• By Description - C-suite - 40.0 percent, Director-level - 20.0 percent, Others - 40.0 percent

• By Area - North America continent - 50.0 percent, Europe (EU) - 20.0 percent, Asia Pacific- 30.0 percent

The top players in the stem cell assay market contain Merck, GE Healthcare (GE subsidiary), Agilent Technologies (NYSE:A), Thermo Fisher Scientific, Bio-Rad Laboratories, Cell Biolabs, PerkinElmer, Promega Corporation, Miltenyi Biotec, Bio-Techne Corporation, HemoGenix, STEMCELL Technologies, and Cellular Dynamics International.

Segment Research

The report analyses the stem cell assay market by category, cell type, product & service, application, end-user, and area.Apart from a comprehensive geographic product review and sizing of market, the study also offers a competitive analysis that includes the increase strategies approved by sector actors over the last three years.

The corporation reviews contain the product types, advancements, and strategies approved by prominent market actors to maintain and rise their companies in the industry. Market research data, current market size, and forecast of the future trends will facilitate top market players and new sector entrants to make the essential decisions regarding product offerings, geographic focus, change in strategic way, and levels of output to remain successful in the market.

Main highlights

This business report will allow both established firms as well as new entrants/smaller companies to measure the pulse of the sector, which in turn will facilitate these companies to collect greater segment market share. Companies obtaining the analysis can use any one or a combination of the below-mentioned strategies to enhance their market shares.

This study furnishes highlights on the following points:

• Market Uptake: Exhaustive data on the product portfolios of the top actors in the stem cell assay market

• Product Development/Innovative products: In-depth understanding on the next technologies, Research&development activities, and launches of new product in the stem cell assay market

• opposing assessment: In-depth assessment of the market strategies, geographic and industry segments, and product review of the main players in the stem cell assay market

• Market Development: Highlighted information about emerging sectors. This industry report examines the sector for different stem cell assays across geographies

• industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the stem cell assay market

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