Cell Source, Type, Therapeutic Application and Region
Regions covered
North America, Europe, Asia Pacific, Latin America, the Middle East and Africa
The global stem cell therapy market is projected to reach USD 615 million by 2028 from USD 286 million in 2023, at a CAGR of 16.5% during the forecast period. Key market players are focusing on developing new stem cell therapies for various disease conditions this is one of the major factor is likely to impact the market growth in coming years. The increasing number of clinical trials has largely in past few years coupled with rise in FDA approvals for stem cell therapy is anticipated to give momentum to the market growth.
"The allogeneic stem cell segment accounted dominant share in 2022"
The stem cell therapy market is segmented into allogeneic and autologous. Allogeneic segment accounted for the dominant share in 2022. In allogeneic stem cell therapy, one cell source can produce numerous doses, thus making allogeneic therapy economically viable and less time-consuming, these are some of the major elements responsible for the doninat share of the segment. Presently, more than ten approved commercialized allogeneic stem cell therapies are available globally.
"Bone Marrow-derived MSCs segment is anticipated to grow at significant CAGR"
Based on the cell source the global stem cell therapy market is segmented into adipose tissue-derived MSCs, bone marrow-derived MSCs, placenta/umbilical cord-derived MSCs, and other cell sources. In 2022, the adipose tissue-derived MSCs segment gained dominant share in the stem cell therapy market. Bone marrow-derived mesenchymal stem cells most preferred type for are stem cell therapies. Easy availability of Bone marrow MSCs and less time required for in-vitro processing are some of the major factorslikely to give momentum to the use of bone marrow derived MSCs uplifting the segmental growth.
"Asia Pacific region is likely to grow at a faster pace."
The stem cell therapy market is segmented into North America, Europe, Asia Pacific and Rest of the world. Asia Pacific region is anticipated to grow at a significant CAGR during the forecast period. Rising approvals from the government for stem cell therapy in South Korea. Furthermore, industrial collabrations in the region for stem cell therapy development is further likely to give pace for the market growth in the region. For instance, Reyon Pharmaceutical and Therabest entered into a joint development agreement for NK cell therapy for treating solid cancer. Under this agreement, the two companies will jointly develop iPSC (induced pluripotent stem cell)-derived NK cell therapy 'TB-100' for solid cancer indications.
The primary interviews conducted for this report can be categorized as follows:
By Respondent: Supply Side- 80%, and Demand Side - 20%
By Region: North America -40%, Asia-Pacific -20%, Europe -30%, ROW-10%
List of Companies Profiled in the Report:
Smith+Nephew (UK)
MEDIPOST Co. Ltd. (South Korea)
Anterogen Co. Ltd. (South Korea)
CORESTEM (South Korea)
Pharmicell Co. Ltd. (South Korea)
NuVasive Inc. (US)
RTI Surgical (US)
AlloSource (US)
JCR Pharmaceuticals Co. Ltd. (Japan)
Takeda Pharmaceutical Company Limited (Japan)
Holostem Terapie Avanzate Srl (Italy)
Orthofix (US)
Regrow Biosciences Pvt Ltd. (India)
STEMPEUTICS RESEARCH PVT LTD. (India)
Athersys (US)
Mesoblast Ltd (Australia)
Biorestorative Therapies Inc. (US)
Pluristem Inc. (Israel)
Brainstorm Cell Limited. (US)
ViaCyte Inc. (US)
Gamida Cell (US)
Kangstem Biotech (South Korea)
Hope Biosciences (US)
Cellular Biomedicine Group (US)
Personalized Stem Cells (US)
Research Coverage:
This report provides a detailed picture of the stem cell therapy market. It aims to estimate the size and future growth potential of the market across different segments, such as such as the type, therapeutic applications, and region. The report also includes an in-depth competitive analysis of the key market players, along with their company profiles, recent developments, and key market strategies.
Key Benefits of Buying the Report:
The report will help market leaders/new entrants by providing them with the closest approximations of the revenue numbers for the overall stem cell therapy market and its subsegments. It will also help stakeholders better understand the competitive landscape and gain more insights to better position their business and make suitable go-to-market strategies. This report will enable stakeholders to understand the market's pulse and provide them with information on the key market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
Analysis of key drivers (Increased funding for stem cell research, rise in collabrations and partnerships is likley to uplift the market growth, Increasing clinical trials for stem cell based-therapies), restraints ( Ethical concerns related to embryonic stem cells, high cost of cell-based research), opportunities (The emergence of iPSCs as an alternative to ESCs, growing demand for stem cell and gene therapy) and challenges (Technical limitations) are influencing the growth of stem cell therapy market.
Product Development/Innovation: Detailed insights on newly launched products of the stem cell therapy market.
Market Development: Comprehensive information about lucrative markets - the report analyses the stem cell therapy market across varied regions.
Market Diversification: Exhaustive information about new services, untapped geographies, recent developments, and investments in the stem cell therapy market.
Pipeline Analysis: Detailed information on stem cell therapy under phase 3 clinical trials.
Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players include Smith+Nephew (UK), MEDIPOST Co. Ltd. (South Korea), Anterogen Co. Ltd. (South Korea), CORESTEM (South Korea) and among others in the stem cell therapy market.
TABLE OF CONTENTS
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 INCLUSIONS & EXCLUSIONS
1.4 MARKET SCOPE
1.4.1 MARKETS COVERED
1.4.2 YEARS CONSIDERED
1.5 CURRENCY
1.6 RESEARCH LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
1.9 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.2 PRIMARY DATA
FIGURE 2 BREAKDOWN OF PRIMARIES: STEM CELL THERAPY MARKET
2.2 MARKET SIZE ESTIMATION
FIGURE 3 MARKET SIZE ESTIMATION FOR SUPPLY-SIDE ANALYSIS, 2022
TABLE 131 STEM CELL THERAPY MARKET: DEALS, JANUARY 2020-OCTOBER 2023
10.10.3 OTHER DEVELOPMENTS
TABLE 132 STEM CELL THERAPY MARKET: OTHER DEVELOPMENTS, JANUARY 2020-OCTOBER 2023
11 COMPANY PROFILES
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))**
11.1 KEY PLAYERS
11.1.1 SMITH+NEPHEW
TABLE 133 SMITH+NEPHEW: BUSINESS OVERVIEW
FIGURE 34 SMITH+NEPHEW: COMPANY SNAPSHOT (2022)
11.1.2 MEDIPOST
TABLE 134 MEDIPOST: BUSINESS OVERVIEW
FIGURE 35 MEDIPOST: COMPANY SNAPSHOT (2021)
11.1.3 JCR PHARMACEUTICALS CO., LTD.
TABLE 135 JCR PHARMACEUTICALS CO., LTD.: BUSINESS OVERVIEW
FIGURE 36 JCR PHARMACEUTICALS CO., LTD: COMPANY SNAPSHOT (2022)
11.1.4 TAKEDA PHARMACEUTICAL COMPANY LIMITED
TABLE 136 TAKEDA PHARMACEUTICAL COMPANY LIMITED: BUSINESS OVERVIEW
FIGURE 37 TAKEDA PHARMACEUTICAL COMPANY LIMITED: COMPANY SNAPSHOT (2022)
11.1.5 ANTEROGEN CO., LTD.
TABLE 137 ANTEROGEN CO., LTD.: BUSINESS OVERVIEW
11.1.6 CORESTEM, INC.
TABLE 138 CORESTEM INC.: BUSINESS OVERVIEW
FIGURE 38 CORESTEM INC.: COMPANY SNAPSHOT (2021)
11.1.7 PHARMICELL CO., LTD
TABLE 139 PHARMICELL CO., LTD: BUSINESS OVERVIEW
11.1.8 NUVASIVE, INC.
TABLE 140 NUVASIVE, INC.: BUSINESS OVERVIEW
FIGURE 39 NUVASIVE, INC.: COMPANY SNAPSHOT (2022)
11.1.9 RTI SURGICAL
TABLE 141 RTI SURGICAL: BUSINESS OVERVIEW
11.1.10 ALLOSOURCE
TABLE 142 ALLOSOURCE: BUSINESS OVERVIEW
11.1.11 HOLOSTEM TERAPIE AVANZATE SRL
TABLE 143 HOLOSTEM TERAPIE AVANZATE SRL: BUSINESS OVERVIEW
11.1.12 ORTHOFIX MEDICAL INC.
TABLE 144 ORTHOFIX MEDICAL INC.: BUSINESS OVERVIEW
FIGURE 40 ORTHOFIX MEDICAL INC.: COMPANY SNAPSHOT (2022)
11.1.13 STEMPEUTICS RESEARCH PVT LTD.
TABLE 145 STEMPEUTICS RESEARCH PVT LTD.: BUSINESS OVERVIEW
11.1.14 REGROW BIOSCIENCES PVT LTD.
TABLE 146 REGROW BIOSCIENCES PVT LTD.: BUSINESS OVERVIEW
11.2 OTHER PLAYERS
11.2.1 ATHERSYS, INC.
TABLE 147 ATHERSYS, INC.: BUSINESS OVERVIEW
11.2.2 MESOBLAST LTD.
TABLE 148 MESOBLAST LTD.: BUSINESS OVERVIEW
11.2.3 BIORESTORATIVE THERAPIES, INC.
TABLE 149 BIORESTORATIVE THERAPIES, INC.: BUSINESS OVERVIEW
11.2.4 PLURISTEM THERAPEUTICS INC.
TABLE 150 PLURISTEM THERAPEUTICS INC.: BUSINESS OVERVIEW
11.2.5 BRAINSTORM CELL LIMITED
TABLE 151 BRAINSTORM CELL LIMITED: BUSINESS OVERVIEW
11.2.6 GAMIDA CELL
TABLE 152 GAMIDA CELL: BUSINESS OVERVIEW
11.2.7 VIACYTE, INC.
TABLE 153 VIACYTE, INC.: BUSINESS OVERVIEW
11.2.8 KANGSTEM BIOTECH CO., LTD.
TABLE 154 KANGSTEM BIOTECH CO., LTD.: BUSINESS OVERVIEW
11.2.9 HOPE BIOSCIENCES
TABLE 155 HOPE BIOSCIENCES: BUSINESS OVERVIEW
11.2.10 CELLULAR BIOMEDICINE GROUP
TABLE 156 CELLULAR BIOMEDICINE GROUP: BUSINESS OVERVIEW
11.2.11 PERSONALIZED STEM CELLS
TABLE 157 PERSONALIZED STEM CELLS: BUSINESS OVERVIEW
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.