Middle East & Africa Stemcell Services Market - Size
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
Stem cells are unspecialized cells that can develop into different types of cells which can be of same or different at the earlier stages of life and therapies helps to prevent diseases like bone marrow transplantation. Stemcell bank is a storage unit of stem cells for later use to preserve them at a temperature below their freezing point; this method is known as cryopreservation.
The Middle East & Africa Stemcell Services Market Segments Size & Growth:
The Middle East & Africa stemcell services market is accounted for $ XX billion in 2017 and expected to grow at a CAGR of XX% to reach $XX billion by 2024 during the forecast period 2018-2024. Major factors that are driving the market are growing demand for stem cell treatment, the rise in diseased population, and advancement in research. However, complications and cost hinder the growth of the Middle East & Africa stemcell services market.
The Middle East & Africa Stemcell Services Market Segments Share:
The Middle East & Africa Stemcell services market
Middle East & Africa Stemcell Services Market - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
is categorized into by service type which consists of cryopreservation, stemcell acquisition, and testing, and stem cell banking. Cryopreservation has the largest share as they are able to store samples below the freezing point and helps in future usage.
On the basis of Geography, South Africa is dominating the stemcell services market and the growth in Middle East & Africa is mainly attributed because of the increasing demand for stem cell treatment and research on human tissues. Furthermore, Middle East is witnessing the fastest growth during the forecast period, due to rising aging population, diseases and investment in stem cell research.
The Middle East & Africa Stemcell Services Market Segments Trends:
- In a recent study, in January 2018 discovered a procedure to restore the sensation for the paralyzed person and regain their senses by stem cell therapies.
- New techniques like Cellular barcoding helps the researcher understand the behavior of stem cells, as they able to track and define family tree of individual blood
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Middle East & Africa Stemcell Services Market - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
cells in an environment.
In January 2017, Nanoparticles development platform was acquired by Cytori Therapeutics, Inc.to enhance regenerative medicine.
In August 2017, Gilead Sciences, Inc.has been acquiring Kite Pharma, Inc. for better innovations and developments in the stem cell market.
The Middle East & Africa Stemcell Services Research Report:
An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.
Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial study with significant competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Neuralstem, Inc.
- Osiris Therapeutics, Inc.
- Cytori Therapeutics, Inc.
- Cellular Engineering Technologies Inc.
- BIOTIME, INC.
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