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The global allogeneic stem cells market size has the potential to grow by USD 1.24 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period because of the steady increase in year-over-year growth.
This report provides a detailed analysis of the market by application (regenerative therapy and drug discovery and development) and geography (Asia, Europe, North America, and ROW). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Biosolution Co. Ltd., Cynata Therapeutics Ltd., JCR Pharmaceuticals Co. Ltd., Lineage Cell Therapeutics Inc., MEDIPOST Co. Ltd., MiMedx Group Inc., Osiris Therapeutics Inc., Stempeutics Research Pvt. Ltd., and Takeda Pharmaceutical Co. Ltd.
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The allogeneic stem cells market is concentrated, and the degree of concentration will remain the same during the forecast period. The key players in the market are focusing on various growth strategies, including M&A, divestitures, JVs, and partnerships to expand geographical reach and increase their market share. Osiris Therapeutics Inc., Stempeutics Research Pvt. Ltd., and Takeda Pharmaceutical Co. Ltd. are some of the major market participants. Although the new product approvals will offer immense growth opportunities, the high cost of allogeneic stem cell therapies will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this allogeneic stem cells market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and provides information on the products offered by various companies. Moreover, this allogeneic stem cells market analysis report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
This report provides information on the production, sustainability, and prospects of several leading allogeneic stem cells companies, including:
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North America was the largest market for allogeneic stem cells in 2019 and the region will offer several growth opportunities to market vendors during the forecast period. The increasing prevalence of various cancers, including leukemia and the availability of advanced healthcare infrastructure are some of the factors that will significantly influence the growth of allogeneic stem cells market in the region.
About 52% of the market’s growth will originate from North America during the forecast period. The US is one of the critical markets for allogeneic stem cells in North America. Market growth in this region will be faster than the growth of the market in Europe and ROW.
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The healthcare industry is majorly shifting toward biologics and regenerative therapies for the treatment of a wide array of medical conditions. Regenerative medicine focuses on the functional restoration of tissues or organs for patients with severe injuries or chronic diseases. Moreover, the progress in the field of stem cell research is leading to an increase in the scope of stem cell applications in regenerative therapeutics.
Market growth in this segment will be faster than the growth of the market in the drug discovery and development segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the allogeneic stem cells market size.
The launch of new product lines provides better options to buyers and stimulates the product demand for stem cell therapies, including allogeneic stem cell therapies. The rising demand for regenerative medicines is encouraging manufacturers to emphasize on continuous innovations and improvisations in the development of improved therapies. Additionally, these therapeutic candidates have the approval of clinical trials in the US. Because of the efficacy of allogeneic stem cell therapeutics, these are expected to receive marketing approvals from the US FDA which will significantly influence allogeneic stem cells market growth over the forecast period.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY APPLICATION
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
PART 15: EXPLORE TECHNAVIO
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