USD 6.3 billion
Report ID:
SQMIG35D2103 |
Region:
Global |
Published Date: January, 2025
Pages:
157
|Tables:
93
|Figures:
76
North America Stem Cell Market size was valued at USD 6.3 billion in 2023 and is poised to grow from USD 6.9 billion in 2024 to USD 14.6 billion by 2031, growing at a CAGR of 9.6% during the forecast period (2025-2032).
The North America stem cell market is a rapidly growing and evolving sector that holds great promise for medical advancements and therapeutic applications. This growth can be attributed to various factors, including the rise in public-private funding and investments dedicated to stem cell research. Furthermore, the growth of the market has been fueled by advancements in stem cell manufacturing and preservation technologies. These advancements have played a crucial role in expanding the market for stem cell therapy, transplant, and research. Additionally, increased public awareness of the therapeutic potential of stem cell products has contributed to the market's upward trajectory. However, it is important to acknowledge the challenges that may arise from unapproved stem cell interventions and regulatory issues surrounding the therapeutic application of stem cells. These factors require careful consideration to ensure the ethical and safe development of the stem cell industry in North America. Moreover, the market expansion is supported by rising investments in stem cell-based therapies and favorable government regulations and policies. North America benefits from a well-established infrastructure for stem cell banking, facilitating the storage and utilization of stem cells for both research and clinical purposes. Notably, the region has witnessed significant progress in stem cell therapies for knee-related conditions, with advancements in stem cell injection and treatment techniques specifically targeted for knee ailments. Additionally, the collaboration between academia, industry, and healthcare providers has further propelled the growth of the market. This collaborative effort has enabled key players in the pharmaceutical and biotechnology sectors to recognize the immense potential of stem cell therapies, leading to substantial investments in research and development initiatives. The synergistic partnerships fostered by these collaborations have been instrumental in driving the expansion of the stem cell industry in North America.
Market snapshot - 2025-2032
Global Market Size
USD 6.3 billion
Largest Segment
Adult Stem Cell
Fastest Growth
Adult Stem Cell
Growth Rate
9.6% CAGR
To get more reports on the above market click here to Buy The Report
North America Stem Cell Market is segmented by Product, Application, Technology, Therapy, End-Use and Country. Based on Product, the market is segmented into Adult Stem Cells (ASCs), Human Embryonic Stem Cells (HESCs), Induced Pluripotent Stem Cells (iPSCs), Very Small Embryonic Like Stem Cells. Based on Application, the market is segmented into Regenerative Medicine, Cardiovascular and Myocardial Infraction, Drug Discovery and Development. Based on Technology, the market is segmented into Cell Acquisition, Cell Production, Cryopreservation, Expansion and Sub-Culture. Based on Therapy, the market is segmented into Autologous, Allogeneic. Based on End-Use, the market is segmented into Pharmaceutical and Biotechnology Companies, Hospitals & Cell Banks, Academic & Research Institutes. Based on Country, the market is segmented into United States and Canada.
By product type, the market can be segmented into adult stem cell, human embryonic stem cell, and pluripotent. The adult stem cell segment currently dominates the North American stem cell market. Adult stem cells are found in various tissues and organs of the body and have the ability to differentiate into specialized cell types. They are typically obtained from sources such as bone marrow, adipose tissue, and blood. Adult stem cells have shown significant potential in regenerative medicine and tissue engineering applications. They are being used in the treatment of various diseases and conditions, including cardiovascular disorders, orthopaedic injuries, and neurological disorders.
The pluripotent stem cell segment is the fastest growing segment in the North American stem cell market. Pluripotent stem cells have the remarkable ability to differentiate into any cell type in the body. They can be derived from various sources, including human embryos and induced pluripotent stem cells (iPSCs) generated through cellular reprogramming. Pluripotent stem cells offer exciting prospects for personalized medicine. iPSCs can be generated from a patient's own cells, allowing for the development of patient-specific cell therapies. This holds immense promise for the treatment of genetic disorders, as well as the advancement of precision medicine approaches.
By application, the market can be segmented into orthopaedic treatments, injuries & wounds, oncology disorders, cardiovascular disorders, neurological disorders, and diabetes. The oncology disorders segment currently dominates the North American stem cell market in terms of therapeutic application. Stem cell-based therapies have gained considerable attention and have shown promise in the field of oncology. Stem cells have the ability to self-renew and differentiate into different cell types, making them an attractive option for cancer treatment. They can be used in various ways, including as carriers for targeted drug delivery, as vehicles for gene therapy, or as a source of healthy cells for transplantation.
While the neurological disorders segment is the fastest growing segment in the North American stem cell market in terms of therapeutic application. Stem cell-based therapies hold significant potential for the treatment of various neurological disorders, including Parkinson's disease, Alzheimer's disease, spinal cord injuries, and stroke. Neurological disorders represent a significant healthcare burden, and effective treatments are limited. Stem cells offer the potential to replace damaged or lost neurons, regenerate neural circuits, and provide neuroprotective effects. The urgent unmet medical needs in neurological disorders drive the development and adoption of stem cell-based therapies, contributing to the segment's rapid growth.
To get detailed analysis on other segments, Request For Free Sample Report
The United States dominated the North America stem cell market. The country's dominance can be attributed to several factors. Firstly, the United States has a robust healthcare infrastructure, including renowned research institutions and leading biotechnology companies. These entities drive significant research and development activities, contributing to the advancement of stem cell therapies. Moreover, the United States has favorable regulatory frameworks that support the development and commercialization of stem cell-based products. The Food and Drug Administration (FDA) has established guidelines for the clinical use of stem cells, ensuring safety and efficacy. This regulatory environment encourages investment and innovation, attracting both domestic and international stakeholders to the market.
Canada is emerging as the fastest growing region in the North America stem cell market. The country's growth can be attributed to several factors. Firstly, Canada has a well-developed healthcare system and world-class research institutions that actively contribute to stem cell research and development. These institutions collaborate with industry partners to drive innovation and translate scientific discoveries into clinical applications. Moreover, Canada has implemented supportive government policies and funding initiatives that promote stem cell research and regenerative medicine. The Canadian Institutes of Health Research (CIHR) and other funding bodies provide grants and resources to support stem cell-related projects, fostering a favorable environment for growth and innovation.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Increasing prevalence of chronic diseases and age-related conditions
Ethical and regulatory considerations
Request Free Customization of this report to help us to meet your business objectives.
North America stem cell market is characterized by a diverse range of companies, research institutions, and academic organizations actively engaged in stem cell research and development. Several players are focused on advancing stem cell technologies and translating scientific discoveries into therapeutic applications. These entities compete based on factors such as product portfolio, research capabilities, clinical trials, intellectual property, and strategic collaborations. The market also witnesses competition in terms of manufacturing capabilities, distribution networks, and regulatory compliance. With the field of stem cell research rapidly evolving, the competitive landscape is dynamic, with new entrants and collaborations shaping the market dynamics.
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our North America stem cell market analysis, the market is poised for a promising future, driven by the potential of stem cell therapies to revolutionize healthcare. With ongoing advancements in research, technology, and regulatory frameworks, the market holds significant growth opportunities. Personalized medicine and targeted therapies are emerging as a prominent trend, allowing for tailored treatments based on individual patient needs. While the United States remains the dominating country in the region, Canada is experiencing rapid growth as a key player. The largest segment in the market encompasses regenerative medicine and tissue engineering applications, fueled by the increasing prevalence of chronic diseases and age-related conditions. Additionally, the fastest growing segment lies in the development of induced pluripotent stem cells (iPSCs) and gene editing techniques, unlocking new possibilities for customized treatments. These factors collectively indicate a promising future for the market.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 6.3 billion |
Market size value in 2031 | USD 14.6 billion |
Growth Rate | 9.6% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
|
Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the North America Stem Cell Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the North America Stem Cell Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the North America Stem Cell Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the North America Stem Cell Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
REQUEST FOR SAMPLE
North America Stem Cell Market size was valued at USD 6.19 Billion in 2023 and is poised to grow from USD 6.75 Billion in 2024 to USD 13.47 Billion by 2032, growing at a CAGR of 9.02% during the forecast period (2025-2032).
North America stem cell market is characterized by a diverse range of companies, research institutions, and academic organizations actively engaged in stem cell research and development. Several players are focused on advancing stem cell technologies and translating scientific discoveries into therapeutic applications. These entities compete based on factors such as product portfolio, research capabilities, clinical trials, intellectual property, and strategic collaborations. The market also witnesses competition in terms of manufacturing capabilities, distribution networks, and regulatory compliance. With the field of stem cell research rapidly evolving, the competitive landscape is dynamic, with new entrants and collaborations shaping the market dynamics. 'Mesoblast Ltd.', 'ViaCyte, Inc.', 'Fate Therapeutics, Inc.', 'Celgene Corporation', 'BlueRock Therapeutics', 'Osiris Therapeutics, Inc.', 'Athersys, Inc.', 'STEMCELL Technologies Inc.', 'Cynata Therapeutics Limited', 'Gamida Cell Ltd.', 'Astellas Pharma Inc.', 'Novartis AG', 'Gilead Sciences, Inc.', 'Intrexon Corporation', 'Vericel Corporation', 'Organogenesis Inc.', 'Caladrius Biosciences, Inc.', 'Pluristem Therapeutics Inc.', 'ReNeuron Group plc', 'Celularity Inc.'
One significant driver propelling the growth of the North America stem cell market is the increasing prevalence of chronic diseases and age-related conditions. Chronic diseases such as cardiovascular disorders, diabetes, and neurodegenerative diseases pose significant healthcare challenges in the region. Stem cell therapies offer the potential to address these conditions by regenerating damaged tissues and replacing dysfunctional cells. The rising burden of these diseases, coupled with the limitations of existing treatment options, has created a strong demand for innovative therapies. This demand is driving research, investment, and development in the field of stem cell therapies, thus fueling the growth of the North America stem cell market.
Focus on personalized medicine and targeted therapies: One notable market trend in the North America stem cell market is the increasing focus on personalized medicine and targeted therapies. As stem cell research advances, there is a growing emphasis on tailoring treatments to individual patients based on their unique genetic makeup, disease characteristics, and regenerative needs. This trend is driven by advancements in technologies such as induced pluripotent stem cells (iPSCs) and gene editing techniques, which allow for the generation of patient-specific stem cells and the manipulation of their properties. The shift towards personalized stem cell therapies holds great potential for enhancing treatment efficacy, reducing side effects, and improving patient outcomes, thereby shaping the future of the North America stem cell market.
The United States dominated the North America stem cell market. The country's dominance can be attributed to several factors. Firstly, the United States has a robust healthcare infrastructure, including renowned research institutions and leading biotechnology companies. These entities drive significant research and development activities, contributing to the advancement of stem cell therapies. Moreover, the United States has favorable regulatory frameworks that support the development and commercialization of stem cell-based products. The Food and Drug Administration (FDA) has established guidelines for the clinical use of stem cells, ensuring safety and efficacy. This regulatory environment encourages investment and innovation, attracting both domestic and international stakeholders to the market.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Feedback From Our Clients
Report ID: SQMIG35D2103
[email protected]
USA +1 351-333-4748