Global Stem Cells Market is Expected to Grow at a CAGR of over 12.0% to 2020 New Market Research Report Published By Grand View Research, Inc - Hawaii News Now - KGMB and KHNL

Global Stem Cells Market is Expected to Grow at a CAGR of over 12.0% to 2020 New Market Research Report Published By Grand View Research, Inc


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SOURCE: has announced the addition of "Global Stem Cells Market Analysis And Segment Forecasts To 2020" Market Research report to their Database. View Complete Report -

San Francisco, California (PRWEB) June 23, 2014

The global market for stem cells is expected to reach USD 170.15 billion by 2020, according to a new study by Grand View Research, Inc. Growing prevalence of chronic diseases such as cardiovascular and liver disease, diabetes and cancer coupled with the presence of high unmet medical needs in these disease segments is expected to drive market growth during the forecast period. Moreover, increasing government support pertaining to funding R&D initiatives and the growing demand for medical tourism and stem cell banking services is expected to boost the demand for stem cells over the next six years. The future of this market is expected to be driven by opportunities such as the growing global prevalence of neurodegenerative diseases, increasing demand for contract research outsourcing services and the substitution of animal tissues by stem cells.

The stem cells technology market was valued at USD 12.88 billion in 2013 and is expected to grow at a CAGR of over 12.0% during the forecast period. This market was dominated by the cell acquisitions technology segment in terms of share in 2013 owing to the fact that this technology serves as the foremost step to process involving stem cells culture. The global stem cell acquisition technology market is expected to reach USD 10.88 billion by 2020, growing at a CAGR of over 14.0% over the next six years.

The report Stem Cells Market Analysis By Product (Adult Stem Cells, Human Embryonic Cells, Pluripotent Stem Cells), By Application (Regenerative Medicine, Drug Discovery and Development) And Segment Forecasts To 2020, is available now to Grand View Research customers at

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Further key findings from the study suggest:

  • Adult stem cells segment dominated the overall market in 2013 with a share of over 80.0% on account of features such as low contamination probability, better acceptance by the human body and a relatively easier harvesting procedure.
  • Regenerative medicine was identified as the largest stem cells application market and was valued at USD 30.16 billion in 2013. High global prevalence of neurology and orthopedic disorders and cancer is one of the most significant drivers of this market.
  • North America was the largest regional market in 2013, accounting for over 55% of global revenue. The presence of sophisticated healthcare infrastructure supporting R&D and strong government support in terms of funding are some of the drivers attributing to its large share.
  • Asia Pacific is expected to grow at the highest CAGR of over 25.0% during the forecast period owing to the growing demand for medical tourism and contract research outsourcing in emerging countries such as China and India.
  • Key industry participants include BioTime Inc., Advanced Cell Technology Inc., Cellular Engineering Technologies Inc., STEMCELL Technologies Inc., and Cellartis AB.

For the purpose of this study, Grand View Research has segmented the global stem cells market on the basis of product, application, technology and region:

  •      Stem Cells Product Outlook
             Stem Cells Platforms
                     Sequence Analysis Platforms
             Adult Stem Cells
                     Hematopoietic Stem Cells
                     Mesenchymal Stem Cells
                     Neuronal Stem Cells
                     Dental Stem Cells
                     Umbilical Cord Stem Cells
             Human Embryonic Stem Cells
             Induced Pluripotent Stem Cells
             Natural Rosette Cells
             Very Small Embryonic Like Stem Cells
  •      Stem Cells Application Outlook
             Regenerative Medicine
                     Cardiovascular and Myocardial Infraction
                     Liver Disorder
                     Others (Crohns Disease, Infertility, Immunodeficiency Disorder, Organ Transplants, Ophthalmic Disorder)
             Drug Discovery and Development
  •      Stem Cells Technology Outlook
             Cell Acquisition
                     Bone Marrow Harvest
                     Umbilical Blood Cord
             Cell Production
                     Therapeutic Cloning
                     In Vitro Fertilization
                     Cell Culture
             Expansion and Sub-Culture
  •      Stem Cells Regional Outlook
             North America
             Asia Pacific

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About Grand View Research

Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit

Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058

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