USD 11.5 Billion
Global Stem Cell Manufacturing Market Size, Share, Growth Analysis, By Product(Cell lines, instruments), By Distribution Channel(Direct sales and third-party distributors) - Industry Forecast 2024-2031
Report ID:
SQMIG35B2172 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
61 |
Figures:
75
Global Stem Cell Manufacturing Market Insights
Stem Cell Manufacturing Market size was valued at USD 11.5 Billion in 2021 and is poised to grow from USD 12.58 Billion in 2022 to USD 25.81 Billion by 2030, at a CAGR of 9.4% during the forecast period (2023-2030).
The global stem cell manufacturing market is experiencing substantial growth driven by various factors. The increasing prevalence of chronic diseases and the growing need for regenerative medicine are key drivers propelling the market forward. Stem cell-based therapies have shown promising potential in treating conditions such as cardiovascular diseases, neurodegenerative disorders, and cancer, creating a demand for their manufacturing. Moreover, investments in research and development activities focused on stem cell therapies and regenerative medicine are contributing to the market's growth. Technological advancements play a crucial role in the market's expansion. Innovations in stem cell culture techniques, bioreactors, and quality control systems have improved the scalability and reproducibility of stem cell manufacturing processes. These advancements enhance the feasibility and commercial viability of stem cell manufacturing, attracting investments and fueling market growth. However, the market also faces challenges. Ethical and regulatory concerns surrounding the use of stem cells, especially embryonic stem cells, can impact the development and commercialization of stem cell therapies. Compliance with regulations and adherence to ethical guidelines pose challenges for manufacturers and may affect market growth. High manufacturing costs are another challenge in the stem cell manufacturing market. The complex and specialised nature of stem cell manufacturing requires skilled personnel, specialised infrastructure, and stringent quality control measures. These costs can be a barrier, particularly for smaller companies or research institutions, limiting accessibility to stem cell therapies. Additionally, variability and heterogeneity of stem cells pose challenges in ensuring consistent quality and reproducibility in manufacturing processes. Overcoming technical hurdles and ensuring standardised protocols are crucial for manufacturers to deliver reliable and safe stem cell therapies.
US Stem Cell Manufacturing Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Direct sales
Fastest Growth
Direct Sales
Growth Rate
9.4% CAGR
Global Stem Cell Manufacturing Market ($ Bn)
Country Share for North America Region (%)
Global Stem Cell Manufacturing Market By Distribution channel ($ Bn)
Global Stem Cell Manufacturing Market By Distribution channel (%)
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Global Stem Cell Manufacturing Market Segmental Analysis
The global Stem Cell Manufacturing market is segmented on the basis of product, distribution channel, and region. By product, the market is segmented into cell lines, instruments, and consumables and kits. By distribution channel, the market is segmented into direct sales and third-party distributors. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Stem Cell Manufacturing Market Analysis By Product
The global stem cell manufacturing market can be segmented by product into stem cell lines, instruments, and consumables and kits. The dominant segment in the stem cell manufacturing market is stem cell lines. Stem cell lines refer to the cell cultures that are derived from a single source and can be propagated and expanded in vitro. These cell lines serve as the foundation for various research, drug development, and therapeutic applications. Stem cell lines enable scientists and researchers to study the properties, behaviour, and differentiation potential of stem cells. They play a crucial role in advancing our understanding of stem cell biology and developing new therapies. The availability of well-characterised and validated stem cell lines is essential for efficient stem cell manufacturing, making it the dominant product segment in the market.
The fastest-growing segment in the stem cell manufacturing market is consumables and kits. Consumables and kits encompass a wide range of products, including culture media, reagents, growth factors, antibodies, and cryopreservation solutions used in the cultivation, expansion, and storage of stem cells. With the increasing demand for stem cell-based research and therapeutic applications, there is a parallel rise in the need for consumables and kits to support these activities. The consumables and kits segment is driven by factors such as the growing number of research studies, clinical trials, and the need for standardised and quality-controlled products. The development of specialised and optimised consumables and kits tailored for stem cell culture and manipulation is contributing to the rapid growth of this segment.
Stem Cell Manufacturing Market Analysis By Distribution Channel
The global stem cell manufacturing market can be segmented by distribution channel into direct sales and third-party distributors. The dominant segment in the stem cell manufacturing market is direct sales. Direct sales involve manufacturers selling their products directly to end-users, such as research institutions, pharmaceutical companies, and biotechnology firms. Direct sales provide manufacturers with better control over their distribution process, allowing them to establish direct relationships with customers, understand their specific needs, and provide personalised support and services. This distribution channel is often preferred for complex and specialised products like stem cell manufacturing instruments and consumables, as it ensures direct communication, efficient logistics, and effective post-sales support.
The fastest-growing segment in the stem cell manufacturing market is third-party distributors. Third-party distributors act as intermediaries between manufacturers and end-users, handling the marketing, sales, and distribution of products. These distributors have established networks and relationships with a wide range of customers, including research laboratories, academic institutions, and hospitals. The use of third-party distributors enables manufacturers to reach a broader customer base and expand their market presence, especially in regions where they may not have a direct sales presence. The growing demand for stem cell manufacturing products and the need for broader market reach are driving the adoption of third-party distributors as a distribution channel in the market.
Global Stem Cell Manufacturing Market By Distribution Channel, 2023 (%)
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Global Stem Cell Manufacturing Market Regional Insights
The dominant region in the stem cell manufacturing market is North America. North America holds a significant share of the global market due to its advanced healthcare infrastructure, robust research and development activities, and strong presence of major pharmaceutical and biotechnology companies. The region has a well-established regulatory framework that supports stem cell research and development, making it an attractive market for stem cell manufacturing. Additionally, the presence of renowned research institutions and academic centers further drives the growth of the stem cell manufacturing market in North America.
The fastest-growing region in the stem cell manufacturing market is Asia Pacific. Asia Pacific is experiencing rapid growth in stem cell manufacturing due to several factors. The region is witnessing significant investments in healthcare infrastructure, increasing research collaborations, and rising government initiatives to support stem cell research and development. Countries such as China, Japan, and South Korea are at the forefront of stem cell manufacturing advancements in the region. Moreover, the large patient pool, increasing awareness about regenerative medicine, and growing healthcare expenditure contribute to the growth of the stem cell manufacturing market in Asia Pacific.
Global Stem Cell Manufacturing Market By Region, 2024-2031
- Largest
- Fastest
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Global Stem Cell Manufacturing Market Dynamics
Stem Cell Manufacturing Market Drivers
Increasing Prevalence of Chronic Diseases
- The rising incidence of chronic diseases, such as cardiovascular disorders, neurological conditions, and cancer, is a key driver for the global stem cell manufacturing market. Stem cells offer potential therapeutic solutions and regenerative treatments for these diseases, driving the demand for stem cell manufacturing.
Growing Investments in Research and Development
- Significant investments in research and development activities focused on stem cell-based therapies and regenerative medicine are driving the growth of the stem cell manufacturing market. Governments, academic institutions, and pharmaceutical companies are allocating resources to advance stem cell research and develop novel therapies, thus boosting the demand for stem cell manufacturing technologies.
Stem Cell Manufacturing Market Restraints
High Costs of Stem Cell Manufacturing
- The complex and specialised nature of stem cell manufacturing processes, along with the need for stringent quality control measures, can result in high manufacturing costs. The costs associated with skilled personnel, infrastructure, and quality assurance pose challenges for market players and may limit the accessibility of stem cell therapies.
Variability and Heterogeneity of Stem Cells
- Stem cells exhibit inherent variability and heterogeneity, which can affect the consistency and reproducibility of manufacturing processes. Overcoming these challenges and ensuring standardised and high-quality stem cell production pose significant obstacles for manufacturers.
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Global Stem Cell Manufacturing Market Competitive Landscape
The global stem cell manufacturing market features a competitive landscape with several players striving to establish their presence and gain a competitive edge. The market is characterised by the presence of multinational pharmaceutical companies, biotechnology firms, and research institutions. These players are engaged in continuous research and development activities to enhance their stem cell manufacturing capabilities and expand their product portfolios. The competitive landscape is influenced by factors such as technological advancements, product innovation, strategic collaborations, and regulatory compliance. Key players in the market focus on developing advanced manufacturing technologies, optimising cell culture techniques, and improving the scalability and reproducibility of stem cell production. These efforts aim to meet the increasing demand for stem cell-based therapies and capitalise on the market's potential. Moreover, strategic collaborations and partnerships play a crucial role in the competitive landscape of the stem cell manufacturing market. Companies form alliances with research institutions, academic centers, and other industry players to leverage their expertise, access to stem cell lines, and advanced technologies. These collaborations help in accelerating the development and commercialization of novel stem cell therapies and expanding market reach. In addition, regulatory compliance is a critical aspect of the competitive landscape. Stem cell manufacturing is subject to strict regulations and guidelines, and companies that demonstrate compliance with these regulations gain a competitive advantage. Adherence to quality control standards, documentation requirements, and ethical considerations is crucial for market players to ensure the safety and efficacy of their stem cell-based products.
Stem Cell Manufacturing Market Top Player’s Company Profile
- FUJIFILM Cellular Dynamics Inc. - US
- STEMCELL Technologies Inc. - Canada
- Takara Bio Inc. - Japan
- GE Healthcare - US
- Miltenyi Biotec GmbH - Germany
- PromoCell GmbH - Germany
- CellGenix GmbH - Germany
- REPROCELL Inc. - Japan
- Cellular Dynamics International, a Fujifilm Company - US
- STEMCELL Clinic - Canada
- Osiris Therapeutics, Inc. - US
- Pluristem Therapeutics Inc. - Israel
- TiGenix NV - Belgium
- Mesoblast Limited - Australia
- Cellular Biomedicine Group, Inc. - US
- Gamida Cell Ltd. - Israel
- Vericel Corporation - US
Stem Cell Manufacturing Market Recent Developments
- In March 2023, The Medicines and Healthcare products Regulatory Agency (MHRA) announced that its UK Stem Cell Bank was testing automated robotic technology for growing stem cells.
- In April 2023, Thermo Fisher Scientific Inc. launched a new cell culture media product for the manufacturing of stem cells.
Global Stem Cell Manufacturing Key Market Trends
- Focus on Ethical and Sustainable Sourcing of Stem Cells: There is a growing emphasis on ethical and sustainable sourcing of stem cells. The use of alternative sources, such as induced pluripotent stem cells (iPSCs) and mesenchymal stem cells (MSCs), is gaining traction. Companies are investing in research and development to develop efficient and ethical methods for deriving and culturing stem cells, reducing the reliance on controversial sources.
- Increased Collaboration and Partnerships: Collaboration and partnerships among industry players, research institutions, and academic centers are becoming more prevalent in the stem cell manufacturing market. These collaborations aim to pool resources, share expertise, and accelerate the development and commercialization of stem cell therapies. Partnerships also help in addressing challenges related to regulatory compliance, manufacturing scalability, and access to specialised stem cell lines.
Global Stem Cell Manufacturing Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our global Stem Cell Manufacturing market analysis, North America holds the dominant position in the global stem cell manufacturing market, driven by its advanced healthcare infrastructure and supportive regulatory environment. However, Asia Pacific is the fastest-growing region, fueled by investments in healthcare, government initiatives, and rising awareness about regenerative medicine. The global stem cell manufacturing market is experiencing significant growth and holds immense potential for the future. The market is driven by factors such as the increasing prevalence of chronic diseases, growing investments in research and development, and technological advancements in stem cell manufacturing. The expansion of stem cell-based therapies across various therapeutic areas is driving the demand for efficient and scalable manufacturing processes. Moreover, there is a rising focus on advanced manufacturing technologies, quality control, and standardisation to ensure the safety and efficacy of stem cell products. Outsourcing and contract manufacturing are emerging trends, allowing companies to leverage specialised expertise and infrastructure. Collaboration and partnerships among industry players, research institutions, and academic centers are facilitating the advancement and commercialization of stem cell therapies. However, ethical and regulatory concerns, high manufacturing costs, variability of stem cells, and lengthy development timelines pose challenges to the market. Addressing these challenges and continuing to innovate will be key to unlocking the full potential of stem cell manufacturing and revolutionising the field of regenerative medicine. Overall, the global stem cell manufacturing market presents lucrative opportunities for companies involved in the development, production, and commercialization of stem cell-based therapies.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 11.5 Billion |
| Market size value in 2031 | USD 25.81 Billion |
| Growth Rate | 9.4% |
| Forecast period | 2024-2031 |
| 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:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Stem Cell Manufacturing Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Stem Cell Manufacturing Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Stem Cell Manufacturing 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 Global Stem Cell Manufacturing 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 Global Stem Cell Manufacturing Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Stem Cell Manufacturing 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.
Global Stem Cell Manufacturing Market Report Snapshots
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