Stem Cells Market Analysis By Product, By Application And Segment Forecasts To 2020: Radiant Insights
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Growing prevalence of chronic diseases such as cardiovascular and liver disease, diabetes and cancer coupled with the presence of high unmet medical needs in these disease segments is expected to drive market growth during the forecast period. Moreover, increasing government support pertaining to funding R&D initiatives and the growing demand for medical tourism and stem cell banking services is expected to boost the demand for stem cells over the next six years. The future of this market is expected to be driven by opportunities such as the growing global prevalence of neurodegenerative diseases, increasing demand for contract research outsourcing services and the substitution of animal tissues by stem cells.
The stem cells technology market was valued at USD 12.88 billion in 2013 and is expected to grow at a CAGR of over 12.0% during the forecast period. This market was dominated by the cell acquisitions technology segment in terms of share in 2013 owing to the fact that this technology serves as the foremost step to process involving stem cells culture. The global stem cell acquisition technology market is expected to reach USD 10.88 billion by 2020, growing at a CAGR of over 14.0% over the next six years.
For more details about this report, visit here: http://www.radiantinsights.com/research/stem-cells-market-analysis-by-product-adult-stem-cells-human-embryonic-cells-pluripotent-stem-cells-by-application-regenerative-medicine-drug-discovery-and-development-and-segment-forecasts-to-2020
Further key findings from the study suggest:
Adult stem cells segment dominated the overall market in 2013 with a share of over 80.0% on account of features such as low contamination probability, better acceptance by the human body and a relatively easier harvesting procedure
Regenerative medicine was identified as the largest stem cells application market and was valued at USD 30.16 billion in 2013.
High global prevalence of neurology and orthopedic disorders and cancer is one of the most significant drivers of this market.
North America was the largest regional market in 2013, accounting for over 55% of global revenue.
The presence of sophisticated healthcare infrastructure supporting R&D and strong government support in terms of funding are some of the drivers attributing to its large share.
Asia Pacific is expected to grow at the highest CAGR of over 25.0% during the forecast period owing to the growing demand for medical tourism and contract research outsourcing in emerging countries such as China and India
Key industry participants include BioTime Inc., Advanced Cell Technology Inc., Cellular Engineering Technologies Inc., STEMCELL Technologies Inc., and Cellartis AB
For more reports of this category, click here: http://www.radiantinsights.com/catalog/biotechnology
Table of Contents
Chapter 1. Executive Summary
1.1. Stem Cells - Industry Summary and Critical Success Factors (CSFs)
Chapter 2. Stem Cells Industry Outlook
2.1. Market Segmentation
2.2. Market Size and Growth Prospects
2.3. Stem Cells Market Dynamics
2.3.1. Market Driver Analysis
2.3.2. Market Restraint Analysis
2.4. Key Opportunities Prioritized
2.5. Industry Analysis - Porter's
2.6. Stem Cells Market PESTEL Analysis, 2012
About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
For more information, Visit: http://www.radiantinsights.com/
Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Email: sales@radiantinsights.com
Phone: (415) 349-0054
Address: 28 2nd Street, Suite 3036
City: San Francisco
State: California
Country: United States
Blog: http://www.radiantinsightsinc.blogspot.com/
The stem cells technology market was valued at USD 12.88 billion in 2013 and is expected to grow at a CAGR of over 12.0% during the forecast period. This market was dominated by the cell acquisitions technology segment in terms of share in 2013 owing to the fact that this technology serves as the foremost step to process involving stem cells culture. The global stem cell acquisition technology market is expected to reach USD 10.88 billion by 2020, growing at a CAGR of over 14.0% over the next six years.
For more details about this report, visit here: http://www.radiantinsights.com/research/stem-cells-market-analysis-by-product-adult-stem-cells-human-embryonic-cells-pluripotent-stem-cells-by-application-regenerative-medicine-drug-discovery-and-development-and-segment-forecasts-to-2020
Further key findings from the study suggest:
Adult stem cells segment dominated the overall market in 2013 with a share of over 80.0% on account of features such as low contamination probability, better acceptance by the human body and a relatively easier harvesting procedure
Regenerative medicine was identified as the largest stem cells application market and was valued at USD 30.16 billion in 2013.
High global prevalence of neurology and orthopedic disorders and cancer is one of the most significant drivers of this market.
North America was the largest regional market in 2013, accounting for over 55% of global revenue.
The presence of sophisticated healthcare infrastructure supporting R&D and strong government support in terms of funding are some of the drivers attributing to its large share.
Asia Pacific is expected to grow at the highest CAGR of over 25.0% during the forecast period owing to the growing demand for medical tourism and contract research outsourcing in emerging countries such as China and India
Key industry participants include BioTime Inc., Advanced Cell Technology Inc., Cellular Engineering Technologies Inc., STEMCELL Technologies Inc., and Cellartis AB
For more reports of this category, click here: http://www.radiantinsights.com/catalog/biotechnology
Table of Contents
Chapter 1. Executive Summary
1.1. Stem Cells - Industry Summary and Critical Success Factors (CSFs)
Chapter 2. Stem Cells Industry Outlook
2.1. Market Segmentation
2.2. Market Size and Growth Prospects
2.3. Stem Cells Market Dynamics
2.3.1. Market Driver Analysis
2.3.2. Market Restraint Analysis
2.4. Key Opportunities Prioritized
2.5. Industry Analysis - Porter's
2.6. Stem Cells Market PESTEL Analysis, 2012
About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
For more information, Visit: http://www.radiantinsights.com/
Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Email: sales@radiantinsights.com
Phone: (415) 349-0054
Address: 28 2nd Street, Suite 3036
City: San Francisco
State: California
Country: United States
Blog: http://www.radiantinsightsinc.blogspot.com/