Induced Pluripotent Stem Cells Market was valued at USD 4.2 Billion in 2022 and is projected to reach USD 10.6 Billion by 2030, growing at a CAGR of 12.1% from 2024 to 2030.
The global Induced Pluripotent Stem Cells (iPSCs) market was valued at approximately $2.8 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of around 10.4% from 2023 to 2028. The growth in this market is driven by the increasing adoption of iPSCs in regenerative medicine, disease modeling, and drug discovery. As advancements in iPSC technologies continue to evolve, the market is expected to see substantial investment and innovation, contributing to its rapid expansion. The increasing prevalence of chronic diseases and the demand for personalized medicine further bolster market growth.
Opportunity analysis reveals significant potential in emerging markets, particularly in regions such as Asia-Pacific and Latin America. These regions are experiencing increased research activities and government support for stem cell research, which is expected to drive market growth. The rise in collaborations between academic institutions and biotech firms in these areas is likely to lead to advancements in iPSC applications and commercialization. Additionally, the ongoing development of novel iPSC-based therapies and clinical trials presents lucrative opportunities for market expansion and diversification.
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Fujifilm Holding Corporation
Astellas Pharma
Fate Therapeutics
Bristol-Myers Squibb Company
ViaCyte
Celgene Corporation
Aastrom Biosciences
Acelity Holdings
StemCells
Japan Tissue Engineering
Organogenesis
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Induced Pluripotent Stem Cells Market
Academic Research
Drug Development And Discovery
Toxicity Screening
Regenerative Medicine
Based on Types the Market is categorized into Below types that held the largest Induced Pluripotent Stem Cells market share In 2023.
Hepatocytes
Fibroblasts
Keratinocytes
Amniotic Cells
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Induced Pluripotent Stem Cells Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Induced Pluripotent Stem Cells Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Induced Pluripotent Stem Cells Market, By Type
6. Global Induced Pluripotent Stem Cells Market, By Application
7. Global Induced Pluripotent Stem Cells Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Induced Pluripotent Stem Cells Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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