Global Induced Pluripotent Stem Cell (IPSC) Market Opportunities And Strategies For Major Players In The IPSC Market 2021-2030
5 Aug, 2021
The induced pluripotent stem cell (IPSC) market consists of sales of induced pluripotent stem cells and related services. Induced pluripotent stem cells are the regenerated form of stem cells, which are produced from an existing adult cell, such as hepatocytes, fibroblasts, keratinocytes, and neurons.
Global Induced Pluripotent Stem Cell (IPSC) Market Size And Drivers:
The global induced pluripotent stem cell (IPSC) market reached a value of nearly $2,223.5 million in 2020, having increased at a compound annual growth rate (CAGR) of 9.2% since 2015. The market is expected to grow from $2,223.5 million in 2020 to $3,362.1 million in 2025 at a rate of 8.6%. The induced pluripotent stem cell market is then expected to grow at a CAGR of 6.2% from 2025 and reach $4,547.7 million in 2030. Increase in the prevalence of chronic disorders is one of the major factors that are driving the growth of Induced pluripotent stem cell market.
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Trends In The Global Induced Pluripotent Stem Cell (IPSC) Market
Extensive research is being conducted on the use of induced pluripotent stem cells to treat Parkinson’s disease (PD). PD is a neurodegenerative disorder that affects nerve cells involved in releasing dopamine. The reprogramming of mature cells from skin into induced pluripotent nerve cells which can produce dopamine can be a potential treatment for the Parkinson’s disease.
Global Induced Pluripotent Stem Cell (IPSC) Market Segments:
The global induced pluripotent stem cell (IPSC) market is further segmented based on derived cell type, application, end user and geography.
By Derived Cell Type: Hepatocytes, Fibroblasts, Keratinocytes, Amniotic Cells, Others
By Application: Academic Research, Drug Development And Discovery, Toxicity Screening, Regenerative Medicine
By End-User: Hospitals, Research Laboratories
By Geography: The global induced pluripotent stem cell (IPSC) market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the IPSC market, accounting for 49.8% of the total in 2020.
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https://www.thebusinessresearchcompany.com/report/induced-pluripotent-stem-cell-global-marketInduced Pluripotent Stem Cell (IPSC) Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides induced pluripotent stem cell (IPSC) market overviews, analyzes and forecasts market size and growth for the global induced pluripotent stem cell (IPSC) market, induced pluripotent stem cell (IPSC) market share, induced pluripotent stem cell (IPSC) market players, induced pluripotent stem cell (IPSC) market segments and geographies, induced pluripotent stem cell (IPSC) market’s leading competitors’ revenues, profiles and market shares. The induced pluripotent stem cell (IPSC) market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.