An extensive study of the product application and services conducted by subject matter experts assessing the Cancer Stem Cell Therapeutics Market will help product owners to make a wise decision.
New York, United States – June 25, 2020 /MarketersMedia/ —
According to the current analysis of Reports and Data, the global Cancer Stem Cell Therapeutics market was valued at USD 8463.9 Million in 2018 and is expected to reach USD 16839 Million by year 2026, at a CAGR of 9 %. The study has focused on therapeutic treatment types for ‘Cancer Stem Cells’ against a wide spectrum of tumour forms such as breast, blood, lung and others. Recent emergence of “Off-the –shelf” stem cell treatment entered the clinical trial in U.S. to determine the extent to which the tumours respond to NK cell therapy and if the incurable cancer is treated or not.
Development of advanced genomic analysis technique, introduction of effective guidelines for cell therapy manufacturing, huge amount of research by Cancer societies and proven effectiveness of transplants are some of the primary growth stimulants for the market. Certain manufacturing and pharmacological issues and regulatory hurdles are hindering the growth of the market.
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Key participants include Merck KGA, LONZA Group AG, Novartis, Osiris Therapeutics, Pfizer, Pfizer, Stemline Therapeutics Inc., STEMCELL Technologies, and Thermo Fischer Scientific Inc.
Segments covered in the report:
For the purpose of the study, this Reports and Data has segmented the Global Cancer Stem Cell Therapy Market on the basis of treatment type, disease type, application, end user and the regional outlook:
Treatment Type: (Revenue, USD Million; 2016–2026)
• Autologous Stem Cell Transplants
• Allogeneic Stem Cell Transplants
• Syngeneic Stem Cell Transplants
• Bone Marrow Stem Cell Transplants
Disease Type: (Revenue, USD Million; 2016–2026)
• Breast Cancer
• Blood Cancer
• Lung Cancer
• Brain Cancer
• Colorectal Cancer
• Pancreatic Cancer
• Bladder Cancer
• Liver Cancer
• Others
Application: (Revenue, USD Million; 2016–2026)
• Musculoskeletal disorders
• Neurodegenerative disorders
• Cardiovascular diseases
• Gastrointestinal diseases
• Autoimmune Disorders
• Wounds and injuries
• Surgeries
• Malignancies
• Dermatology
End Use: (Revenue, USD Million; 2016–2026)
• Hospitals and Surgical Centres
• Pharmaceutical and Biotech Companies
• Cell Banks and Tissue Banks
• Academic Institutes, Research Laboratories, and CROs
• Others
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Further key findings from the report suggest:
• Cancer Stem Cell Therapeutics market is fastest growing at a CAGR of 7% in Asia Pacific. High awareness about cancer stem cells across the globe is the key factor to propel the market growth during forecast period across all regions.
• The market for lung cancer disease type segment (i.e. small cell lung cancers, non-small cell lung cancers) is expected to hold the second largest market share during the forecast period.
• Bone marrow stem cell transplant therapy is expected to be the fastest growing during the forecast period 2019-2026 with a CAGR of 10.4%. However, related side effects and high costs are major challenge for the market growth of this market segment.
• However, the cardiovascular diseases segment is expected to register the highest CAGR in the forecast period.
• Autologous Stem Cell Transplants treatment segment type has dominated the market at a share of 52.8%.
• North America is expected to account for the 64% of the global Cancer stem cell therapeutics market. United States is like to witness high growth even due to huge amount of funding by the government for clinical trials.
• The Cell Banks and Tissue Banks end use segment has a market share of 12.5%.
Key questions addressed in the Cancer Stem Cell Therapeutics market:
1. What are the current trends that are dictating the growth of the Cancer Stem Cell Therapeutics market?
2. What is the scope of innovation in the current market landscape?
3. How will the recent amendments in the industrial policies in the regions affect the growth of the Cancer Stem Cell Therapeutics market?
4. What is the projected value of the market in 2026?
5. Which regional market is expected to witness the highest CAGR growth during the assessment period?
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