The human embryonic stem cells market has seen considerable growth due to a variety of factors.
• The human embryonic stem cells market has shown rapid growth in recent years. It is expected to increase from $1.24 billion in 2024 to $1.37 billion in 2025, with a compound annual growth rate (CAGR) of 10.5%.
The growth is driven by funding and investments, regulatory approvals, rising public awareness, the development of regenerative medicine, and expanding clinical applications.
The human embryonic stem cells market is expected to maintain its strong growth trajectory in upcoming years.
• The human embryonic stem cells market is projected to grow to $2.02 billion by 2029, at a CAGR of 10.1%.
The growth is driven by the increase in cell therapy production facilities, the demand for regenerative therapies, the incidence of cardiac and malignant diseases, and advancements in stem cell biology research. Trends include regenerative medicine, personalized medicine, drug discovery applications, and biobanking expansion.
Government funding for regenerative medicine development is expected to drive the growth of the human embryonic stem cells market. Increased government investment in regenerative medicine is due to the growing prevalence of chronic diseases and advancements in stem cell research. In May 2022, Canada’s government allocated $45 million to stem cell and regenerative medicine research, further boosting the sector's growth.
The human embryonic stem cells market covered in this report is segmented –
1) By Type: Totipotent Stem Cells, Pluripotent Stem Cells, Unipotent Stem Cells
2) By Product: Regenerative Medicine, Stem Cell Biology Research, Tissue Engineering, Toxicology Testing
3) By Application: Research, Clinical Trials, Other Applications
Subsegments:
1) By Totipotent Stem Cells: Embryonic Totipotent Stem Cells, Induced Totipotent Stem Cells
2) By Pluripotent Stem Cells: Human Embryonic Stem Cells (hESCs), Induced Pluripotent Stem Cells (iPSCs), Embryonic Stem Cell Lines, Conditioned Pluripotent Stem Cells
3) By Unipotent Stem Cells: Somatic Stem Cells, Adult Stem Cells, Tissue-Specific Stem Cells
Major corporations in the human embryonic stem cell sector are striving to diversify their therapeutic applications, such as using pluripotent stem cells for Parkinson's disease treatments, to attain a competitive advantage. These pluripotent stem cells are leveraged to create dopaminergic neurons with the intention of substituting missing dopamine-producing neurons and bringing back motor functions. For example, Bayer AG, a pharmaceutical and biotechnology firm based in Germany, set up its first Cell Therapy Manufacturing plant in California in October 2023. An investment of $250 million was made to globally manufacture cell and gene therapies. Initially, this facility will concentrate on producing bemdaneprocel from BlueRock Therapeutics, derived from pluripotent stem cells (PSC) to treat Parkinson's disease. The factory is equipped with fully electric manufacturing to cater to the manufacturing capacity needs of the regenerative medicine field.
Major companies operating in the human embryonic stem cells market are:
• Thermo Fisher Scientific Inc.
• Takeda Pharmaceutical Company Limited
• Gilead Sciences Inc.
• Merck KgaA
• Astellas Pharma Inc.
• Lonza Group
• PerkinElmer Inc.
• R&D Systems
• LifeCell
• Takara Bio Inc.
• ViaCyte Inc.
• PromoCell GmbH
• CellGenix GmbH
• PeproTech Inc.
• Lineage Cell Therapeutics Inc.
• BioTime
• Asterias Biotherapeutics Inc.
• ESI BIO
• STEMCELL Technologies Inc.
• TATAA Biocenter
• Celgene Corporation
North America was the largest region in the human embryonic stem cells market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the human embryonic stem cells market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.