Stem Cell Therapy Market Is Likely to Experience a Tremendous Growth by 2029

The global stem cell therapy market is anticipated to grow at a CAGR of 15.8% during the forecast period. The ongoing developments in stem cell therapy are key factors driving the growth of the global stem cell therapy market. For instance, in July 2022, the Louisville-based National Stem Cell Foundation (NSCF) funded the first-in-kind study of neurodegeneration on the International Space Station (ISS) with a bi-coastal team of leading experts in the fields of Parkinson’s disease (PD) and multiple sclerosis (MS). The study uses organoids, 3-D aggregates of cells from PD and primary progressive MS (PPMS) patients that mimic the central nervous system, and microglia, the immune cells that have been recognized as playing a role in neurodegeneration. The project launched from Cape Canaveral on July 14 and travelled to the International Space Station for a fourth time aboard the SpaceX 25 Commercial Resupply Mission for NASA.

In June 2022, Lifespan Cancer Institute received approval to operate an autologous stem-cell therapy program at the Lifespan Cancer Institute at Rhode Island Hospital. The approval, which was granted by the State Health Services Council in a unanimous vote on June 16, will allow patients from the institute who need cancer treatments, such as stem-cell therapy which provides bone marrow transplants for patients undergoing chemotherapy, to receive care with their regular medical team. 

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Market Coverage

                 The market number available for – 2021-20230

                 Base year- 2022

                 Forecast period- 2023-2030

Segment Covered- 

                 By Type

                 By Therapeutic Application

                 By Cell Source

Regions Covered-

                 North America

                 Europe

                 Asia-Pacific

                 Rest of the World

                 Competitive Landscape- Smith & Nephew plc, MEDIPOST Co., Ltd., and Anterogen Co., Ltd., among others.

Stem Cell Therapy Market Report by Segment

By Type

                 Allogeneic

                 Autologous

By Therapeutic Application

                 Musculoskeletal

                 Wound & Injury

                 CVD

                 Autoimmune & Inflammatory

By Cell Source

                 Tissues

                 Bone Marrow

                 Placenta/Umbilical Cord

A full Report of Stem Cell Therapy Market is Available @  https://www.omrglobal.com/industry-reports/stem-cell-therapy-market

Stem Cell Therapy Market Report by Region

North America                                                                                                           

·        United States

·        Canada                     

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan              

·                  South Korea

·                  Rest of APAC

Rest of the World

       Latin America

       Middle East and Africa 

Company Profiles 

                 Anterogen Co., Ltd.

                 JCR Pharmaceuticals Co., Ltd.

                 MEDIPOST Co., Ltd. 

                 NuVasive, Inc. 

                 PHARMICELL Co., Ltd. 

                 Smith & Nephew plc

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