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Category: Business and Industry
Date Submitted: 11/04/2015 10:39 PM
Hexa Research Inc.
Industry Research,Custom Research & Consulting
Stem Cell Market Analysis, Market Size, Share, Regional
Outlook, Industry Trends, Competitive Strategies And
Segment Forecasts, 2012 To 2020
Company Insight
Increasing prevalence of chronic diseases such as diseases related to liver, kidney and cardiovascular,
are expected to propel the market for stem cell. Stem cells are the undifferentiated cells having the
capacity to reproduce among themselves, which can perform wide number of functions. Rising demand
for regenerative medical treatments coupled with increasing investment in research and development
of healthcare sector is likely to drive the market in coming five years.
Browse Detail Report With TOC @ http://www.hexaresearch.com/research-report/stem-cellindustry/
Rising government support in medical sector, growing personal disposable income, continuously
increasing medical tourism and growth of health insurance are likely to drive the stem cell market over
the forecast period. Along with the boosting factors, the stem cell market also faces setbacks which are
pulling the growth of this market like government norms against unethical harvesting and high cost of
treatment for stem cell. NIH (National Institute of Health) is providing huge funds for research and
Hexa Research Inc.
Industry Research,Custom Research & Consulting
development of stem cell. In 2011 it had spent about USD 1.3 billion and in 2012 NIH spent almost USD
1.46 billion. Furthermore, stem cell therapies are granted the orphan drug status due to
commercialization of these techniques.
Presence of large unserved market lying idle in developing nations provide significant opportunity for
growth of stem cell market over the forecast period. Rising outsourcing and offshoring of research work
in developing nations is also likely to offer significant growth platform to produce same quality of
devices and drugs maintaining the same quality. Increasing worldwide prevalence of...