High target disease prevalence, product launches, increasing strategic developments such as partnerships and agreements, favourable research funding scenario, and development of advanced genomic analysis techniques for quality control during stem cell manufacturing are key factors contributing to high CAGR of Cancer Stem Cell Therapeutics during forecast period.
According to the current analysis of Reports and Data, the global Cancer Stem Cell Therapeutics market was valued at USD 10.15 Billion in 2020 and is expected to reach USD 20.08 Billion by year 2028, at a CAGR of 9.0%. The study has focused on therapeutic treatment types for ‘Cancer Stem Cells’ against a wide spectrum of tumour forms such as breast, blood, lung and others. Recent emergence of “Off-the –shelf” stem cell treatment entered the clinical trial in U.S. to determine the extent to which the tumours respond to NK cell therapy and if the incurable cancer is treated or not.
Development of advanced genomic analysis technique, introduction of effective guidelines for cell therapy manufacturing, huge amount of research by Cancer societies and proven effectiveness of transplants are some of the primary growth stimulants for the market. Certain manufacturing and pharmacological issues and regulatory hurdles are hindering the growth of the market.
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The rapid adoption of AI, ML, and IoT and robust data management processes has made the hospitals and clinical settings smarter. New technologies and solutions have improved the normal medical processes such as clinical diagnosis, treatment, diseases management, and monitoring patient recovery after discharge. Rapid digitalization and increasing adoption of virtual care and telemedicine is further expected to positively impact the revenue growth of the market going ahead.
Emergence of new healthcare and telemedicine startups, increasing number of collaborations among healthcare facilities and research institutions, and rising focus on patient engagement solutions has further fueled revenue growth of the market. Key companies are forming strategic alliances and collaborative ventures such as mergers and acquisitions, joint ventures, partnerships, manufacturing and licensing agreements, and product launches among others.
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Leading Players Analyzed in the Report:
Merck KGA, LONZA Group AG, Novartis, Osiris Therapeutics, Pfizer, Pfizer, Stemline Therapeutics Inc., STEMCELL Technologies, and Thermo Fischer Scientific Inc.
Furthermore, to offer a better understanding of the competitive landscape, an extensive SWOT analysis and Porter’s Five Forces analysis are included in the report. Along with this, feasibility analysis and investment return analysis are also covered in the report.
The report further discusses in detail the regional spread of the global Cancer Stem Cell Therapeutics market along with analysis of production and consumption patterns, import/export analysis, supply and demand ratio, market share and size based on volume and value, trends and demands, revenue share, and presence of the key players of the market.
Key Regions Studied in the Report:
- North America (U.S., Canada, Mexico)
- Europe (U.K., Italy, Germany, France, Rest of Europe)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Segmentation based on Types:
Treatment Type: (Revenue, USD Million; 2020–2028)
- Autologous Stem Cell Transplants
- Allogeneic Stem Cell Transplants
- Syngeneic Stem Cell Transplants
- Bone Marrow Stem Cell Transplants
Disease Type: (Revenue, USD Million; 2020–2028)
- Breast Cancer
- Blood Cancer
- Lung Cancer
- Brain Cancer
- Colorectal Cancer
- Pancreatic Cancer
- Bladder Cancer
- Liver Cancer
Application: (Revenue, USD Million; 2020–2028)
- Musculoskeletal disorders
- Neurodegenerative disorders
- Cardiovascular diseases
- Gastrointestinal diseases
- Autoimmune Disorders
- Wounds and injuries
End Use: (Revenue, USD Million; 2020–2028)
- Hospitals and Surgical Centres
- Pharmaceutical and Biotech Companies
- Cell Banks and Tissue Banks
- Academic Institutes, Research Laboratories, and CROs
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