The "Worldwide Stem Cell Therapy Market Analysis to 2030" is a specific and inside and out investigation of the immature microorganism treatment industry with an emphasis on the worldwide market pattern. The report intends to give a diagram of worldwide undifferentiated organism treatment advertise with nitty gritty market division by sort, treatment, application, and topography. The worldwide immature microorganism treatment market is relied upon to observe high development during the gauge time frame. The report gives key measurements available status of the main market players and offers key patterns and openings in the market.
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The major factors driving the growth Osiris, MEDIPOST, Anterogen, PHARMICELL Co., Ltd, Holostem Terapie Avanzate S.r.l.JCR Pharmaceuticals Co., NuVasive, Inc., RTI Surgical, Inc , and AlloSource
Increasing burden of chronic diseases to boost the market growth
Increasing global burden of diseases such as diabetes, cancer, and others are projected to be the major factors leading to the market growth. According to the World Health Organization (WHO) in 2017, number of patients suffering from type I and type II diabetes was estimated to be over 422 million. Moreover, the disease is expected to be the seventh largest cause of death by 2030.
According to American Cancer Society, in 2017, there were over 1.6 million new cancer cases in the U.S. Hence, there exists a need for developing new treatment methods which have led to the rise in approvals of clinical trials for the stem cell based therapies.
Stem cells to be the future of regenerative medicine
Stem cells possess the regenerative quality which has been utilized for the treatment of various diseases such as diabetes. Recently in 2018, Scientists at Cincinnati Children’s Center for Stem Cell and Organoid Medicine (CuSTOM) have artificially grown esophagus tissues in the research laboratory using the pluripotent stem cells. These lab grown esophagi are expected to help treat a range of condition including gastro esophageal reflux disease, esophageal cancer, esophageal atresia, esophageal achalasia and various others.
High cost of Stem cell Therapy to restrict the market growth
Stem cell transplantation is expensive as being the multiple step process which includes isolating adult stem cells, diagnosis, re-administering, and post treatment care with follow-ups. Moreover, the high initial investment due to the high cost of instrument used in developing stem cell therapy is the major factors restricting the growth of the market. Moreover, not all costs associated with the treatment are allocated at the time of practice, hidden costs including the graft versus host disease, reaction to treatment, or disability resulting from the treatment can lead to more costs and additional treatments.
Some Key players of TOC
1. GLOBAL STEM CELL THERAPY MARKET - ANALYSIS & FORECAST, BY TYPE
1.2. Allogeneic Stem Cell therapy
1.3. Autologous Stem Cell therapy
2. GLOBAL STEM CELL THERAPY MARKET - ANALYSIS & FORECAST, BY THERAPEUTIC APPLICATION
2.2. Musculoskeletal Disorders
2.3. Cardiovascular Diseases
2.4. Gastrointestinal Diseases
2.5. Wounds and Injuries
2.7. Other Applications
3. GLOBAL STEM CELL THERAPY MARKET - ANALYSIS & FORECAST, BY REGION
4. North America Stem Cell Therapy Market
4.1. North America Stem Cell Therapy Market, By Country
4.2. North America Stem Cell Therapy Market Analysis & Forecast, By Type
4.3. North America Stem Cell Therapy Market Analysis & Forecast, By Application
5. Europe Stem Cell Therapy Market
5.1. Europe Stem Cell Therapy Market, By Country/Region
5.1.4. Rest of Europe (ROE)
5.2. Europe Stem Cell Therapy Market Analysis & Forecast, By Type
5.3. Europe Stem Cell Therapy Market Analysis & Forecast, By Application
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