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Stem Cell Manufacturing Market by Product, End User - Global Forecast to 2023

Stem Cell Manufacturing Market: Global Forecast until 2023

  • March 2018
  • 172 pages
  • ID: 5361410
In this report:
IN 2017, NORTH AMERICA ACCOUNTED FOR THE LARGEST SHARE OF ##.##% OF THE GLOBAL STEM CELL MANUFACTURING MARKET; THIS TREND IS EXPECTED TO CONTINUE DURING THE FORECAST PERIOD.
THE CULTURE MEDIA SEGMENT ACCOUNTED FOR THE LARGEST SHARE OF THE GLOBAL STEM CELL MANUFACTURING MARKET IN 2017, WHILE THE STEM CELL LINES SEGMENT IS EXPECTED TO GROW AT THE HIGHEST CAGR OF ##.##% FROM 2018 TO 2023.

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Stem cell manufacturing market forecasted to grow at a CAGR (Compound annual growth rate) of 6.30 percent

The stem cell manufacturing market is estimated to grow ~$14.6B by 2023 from ~$10.8B in 2018, at a compound annual growth rate (CAGR) of 6.30 percent. The increase public-private investments and funding in stem cell-based research, increasing public awareness regarding about the therapeutic potency of stem cell products, and development of advanced genomic analysis techniques for quality control during stem cell manufacturing are the main factors driving the stem cell manufacturing market. Factor including the significant operational costs combined with stem cell manufacturing and banking is limiting the increase of the market to a certain extent.

The stem cell line segment is anticipated to witness the highest increase during the estimate period

On the basis of product, the stem cell lines segment is forecasted to record the maximum growth rate during the outlook period, due to the increasing demand for functionally potent stem cell lines in analysis and the development of innovative stem cell culture & preservation techniques.

The research applications segment recorded for the most important share of the stem cell manufacturing in 2017

Established on application, the overall stem cell manufacturing market is divided into research applications, clinical applications, and cell and tissue banking.The research applications segment recorded for the biggest share of the stem cell manufacturing in 2017.

The rise in this industry segment is primarily attributed to the growing focus on stem cell-based research, increasing awareness about the therapeutic potency of stem cells, and public-private funding to support product improvement & commercialization.

The cell and tissue banks segment is poised to be the quickest increasing during the estimate period

On the basis of end user, the cell and tissue banks segment is projected to record the highest increase rate during the outlook period, due to the increasing number of stem cell transplantation procedures, ongoing advancements in stem cell & tissue processing and storage methodologies, and increasing applications of stem cells in disease treatment.

APAC is expected to record the highest rise rate during the estimate period

Geographically, the stem cell manufacturing market is divided into north america, EU, Asia-Pac, and the Rest of the globe. Asia Pacific (APAC) is projected to register the maximum growth rate during the outlook period owing to a supportive regulatory framework for stem cell research & manufacturing and ongoing expansion & modernization of healthcare infrastructure across emerging Asian countries.

Breakdown of supply-side primary interviews: by company category, description, and area:

• By Company category - Tier 1 - 48.0 percent, Tier 2 - 40.0 percent and Tier 3 - 12.0 percent

• By Description - C-suite - 26.0 percent, Director-level - 30.0 percent, Others - 44.0 percent

• By Area - North America continent - 34.0 percent, Europe (EU) - 26.0 percent, Asia-Pac - 23.0 percent, and rest of the world - 17.0 percent

The overall stem cell manufacturing market is competitive, with a big number of overall and local actors.In 2016, the sector was dominated by Thermo Fisher Scientific, Merck Group, and Becton, Dickinson and Organization.

Latest product launches, upgrades, approvals, strategic agreements, alliances, and collaborations were the main strategies approved by market actors to accomplish increase in the industry.

Segment Research

This report studies the stem cell manufacturing market, established on product, application, final user, and area.The industry report also studies factors (including drivers, industry restraints, alternatives, and opportunities) affecting the market increase.

It examines possibilities and opportunities in the sector for partners and offers details of the competitive landscape for the market top players.Moreover, the study examines micromarkets with respect to their individual progress trends, prospects, and contributions to the overall industry.

The analysis forecasts the revenue of the market segments with respect to four main regions.

Why Purchasing This Study Can Help You:

This market research highlights on several levels of analysis-industry trends, market share research of top players, and company descriptions, which together comprise and examine the basic overviews on the competitive landscape, coming out and high-growth segments of the stem cell manufacturing market, and high-growth areas and territories and their respective drivers, market restraints, opportunities, and alternatives.

The market research will increase both established firms as well as new entrants/smaller companies to measure the pulse of the sector, which in turn can help organizations collect greater segment market share. Companies obtaining the industry report could use any one or an aggregation of the below-mentioned five strategies for strengthening their market shares.

This study furnishes highlights on the following points:

• Market Uptake: Exhaustive data on product types provided by the main players in the stem cell manufacturing market. The analysis examines the stem cell manufacturing market established on product, application, end-user, and area

• New Product Development: In-depth understanding on the industry research and growth activities and recent product launches in the stem cell manufacturing market

• Market Development: Highlighted information about profitable emerging sectors. The market research examines the industries for different stem cell manufacturing products across geographies

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

• opposing assessment: In-depth assessment of market ranking, strategies, product types, distribution networks, and providers capabilities of leading actors in the stem cell manufacturing market

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