- Cell Production
- Cell Acquisition
- Expansion and Sub-Culture
Induced Pluripotent Stem Cells Market size was valued at USD 1678.54 million in 2021. It is expected to reach a value of USD 2876.72 million by 2028, growing at a CAGR of 8.0% from 2022-2028. Pluripotent stem cells are embryonic stem cells with the ability to develop into any adult cell type and aid in the repair of damaged tissues in the human body. Induced pluripotent stem cells, or iPSCs, are stem cells that have been genetically manipulated to act like pluripotent stem cells or embryonic stem cells. They can be collected from any tissue (typically skin or blood) from a child or an adult. The market for induced pluripotent stem cells is growing due to its ability to produce any cell or tissue the body requires. These cells can potentially be customised to provide a perfect genetic match for any patient suffering from diseases such as diabetes, spinal cord injury, leukaemia, or heart disease. Furthermore, these cells are really beneficial in comprehending. The report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, The global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global Induced Pluripotent Stem Cells Market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities).
Fastest Growing Market
The market for induced pluripotent stem cells (iPSCs) is driven by expanding adoption of stem cell therapies, a developing biotechnology sector with better funding, and the rising prevalence of chronic diseases. The wide range of clinical applications of induced pluripotent stem cells and increasing technological improvements of iPSCs are expected to boost the growth of the global induced pluripotent stem cells (iPSCs) market.
The induced pluripotent stem cells market is projected to expand at a CAGR of 8.0% during the forecast period.
North America is the fastest-growing region for induced pluripotent stem cells market
Acelity Holdings, StemCells, Fujifilm Holding Corporation, Organogenesis Inc