Mesenchymal Stem Cells Market Growth Prospects and Key Opportunities to 2026
Posted: Dec 12, 2018
Mesenchymal Stem Cells are also termed as mesenchymal stromal cells. They are self-renewing multipotent cells having the capability to differentiate in an extensive variety of cell types. Mesenchymal stem cells differentiate in vitro into adipocytes, chondrocytes, osteoblasts, myocytes, and ß-pancreatic islets cells. There are several researches currently undertaken related to the development of mesenchymal stem cells treatments that help in repairing bone and cartilage, in cases such as injuries to the knee meniscus or long-term accumulated damage that leads to osteoarthritis.
Mesenchymal Stem Cells Market is anticipated to grow at a CAGR of 7.3% from 2018 to 2026, as per a new research report published by Polaris Market Research.
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The major factors that are boosting the growth in market for Mesenchymal Stem Cells include increasing demand for these stem cells as an effective treatment alternative for knee replacement. Furthermore, the market is driven by the rising elderly population throughout the globe, along with rising prevalence of various chronic diseases such as cancer. Mesenchymal Stem Cells Market is getting positive support by the effective government policies, and funding for research and development activities which is expected to influence the market growth over coming years.
According to the reports published by world health organisation (WHO) the United Nations, by 2050 people aged over 60 will account for more than 20% of the world’s population. Of that 20%, a conservative estimate of 15% is projected to have symptomatic OA, and one-third of these people are anticipated to be affected by severe disabilities. Considering all these factors, the market for mesenchymal stem cells will witness a significant growth in the future.
The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Mesenchymal Stem Cells Market, 2017-2026. This report also comprises a detailed geographic analysis of the market across North America, Europe, Asia Pacific, Latin America, and Middle East & Africa regions. North America regional analysis includes U.S., Canada, and Mexico. European regional analysis section covers Germany, UK, Italy, and France. While the Asia Pacific region is bifurcated into China, India, and Japan. In 2017, North America market was estimated to dominate the market due to supporting factors such as developed healthcare infrastructure, favourable reimbursement schemes, higher healthcare expenditure, and increasing awareness among the population.
Some of the leading companies profiled in the Mesenchymal Stem Cells Market report include Cell Applications, Inc., Cyagen Biosciences Inc. Axol Bioscience Ltd., Cytori Therapeutics Inc., Stem cell technologies Inc., Celprogen, Inc. BrainStorm Cell Therapeutics, Stemedica Cell Technologies, Inc.
Key Segments: -
- Bone Marrow
- Umbilical Cord Blood
- Peripheral Blood
- Lung Tissue
- Synovial Tissues
- Amniotic Fluids
- Adipose Tissues
- Drug Discovery
- Cardiovascular Infraction
- North America
- Latin America
- Middle East and Africa
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.
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Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises.