Product ID: SQMIG35H2061
Report ID:
SQMIG35H2061 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
128 |
Figures:
77
In 2020, North America is expected to have the biggest market share of 42.0%. The existence of a significant number of institutions and institutes involved in stem cell treatment research and development accounts for the region's large share. Five of the eight top colleges in the world are situated in the United States, including Stanford University's Institute for Stem Cell Biology and Regenerative Medicine, Harvard University's Harvard Stem Cell Institute, and Yale University's Yale Stem Cell Center. Over the projected period, the market for cell therapy in the Asia Pacific is expected to develop at a profitable rate. The growing investment by developers and customers in self-education for sophisticated medical therapies is expected to enhance the income generated by the region's expanding economies. In Asian nations, there are a number of stem cell consortiums whose goal is to ensure that R&D activities are well-coordinated and targeted. Furthermore, because of the legal framework's flexibility, patients from Western nations have been spotted migrating to Asian countries for treatment.
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REQUEST FREE CUSTOMIZATIONCell Therapy Market size was valued at USD 18.92 billion in 2019 and is poised to grow from USD 21.6 billion in 2023 to USD 71.07 billion by 2031, growing at a CAGR of 14.15% in the forecast period (2024-2031).
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Product ID: SQMIG35H2061