Growing application of mesenchymal stromal cells (MSCs) as cellular therapeutic agents in various neurological and immune disorders to generate massive revenues in placental stem cell therapy market
Players lean on augmenting production of human amniotic epithelial cells (hAECs) for treating congenital metabolic diseases; Asia Pacific to present sizable revenue streams
ALBANY, N.Y., Jan. 3, 2022 /PRNewswire/ -- Transparency Market Research: Companies in the placental stem cell therapy market have been recently exploring the therapeutic potential of mesenchymal stromal/stem cells (MSCs) for treating severe COVID-19. Particularly in acute respiratory distress syndrome (ARDS), MSCs have demonstrated high efficacy and safety, due to their immunomodulation and differentiation properties. The revenue in the global market is estimated to surpass US$ 4.4 Bn by 2030.H
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A growing number of preclinical and clinical studies are exploring new therapeutic approaches utilizing placental MSCs for lung diseases, idiopathic pulmonary fibrosis (IPF), and cystic fibrosis (CF). This has extended the sales revenue potential, assert analysts in a TMR study on the placental stem cell therapy market.
Asia Pacific held a leading share of the global placental stem cell therapy market in 2019. Enormous R&D in regenerative therapies in the region has spurred lucrative opportunities for players in recent years.
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Evaluation of safety and effectiveness of transplantation of human amniotic epithelial cells (hAECs) in various inflammatory and immune-based diseases. These have generated groundswell of attention, notably due to their ease of isolation, abundance, and non-immunogenic and non-tumorigenic properties. Moreover, ongoing clinical studies in hAECs are expected to pave way to innovative regenerative medicines for wound healing.
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Key Findings of Placental Stem Cell Therapy Market Study
Robust Analytics and Independent Measurement Systems to Enrich Market Landscape: Players are keenly adopting technologies and techniques to ensure consistent quality of stem cells in order to expand the clinical applications of placental stem cell therapies. Extensive research on the characterization of placental stem cell therapies pivots on strides in biobanking technologies.
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Such advances have supported substantial R&D funding on cell transplantation therapy in retinitis pigmentosa, thereby opening a new frontier, concurs the TMR study on the placental stem cell therapy market. In particular, transplantation of bone marrow-derived mesenchymal stem cells (BMSCs) is attracting special attention.
Rising Number of Allogeneic Stem Cell Transplantations Holds Promise for Regenerative Medicine: Growing utility of human amniotic/amnion epithelial cells (hAECs) in regenerative medicine has catalyzed significant investments in the placental stem cell therapy market over the past few years. Allogeneic hAECs are showing potential for leukemia and bronchopulmonary dysplasia (BPD) in various phases of clinical trials. The growing number of allogeneic stem cell transplantation procedures in developed nations has enriched the sales prospects in the placental stem cell therapy market.
MSC-based Cell Therapies Expand Prospects: Continued advances in cell-based therapies have engendered industry efforts in utilizing placental stem cell therapy for various diseases, expanding the sales prospects of the placental stem cell therapy market. These mainly include lung and liver injury, neurological disorders, acute kidney failure, and cardiovascular diseases. Especially in case of neurological disorders, mesenchymal stem/stromal cells (MSCs)-based cell therapy products are showing good therapeutic efficacy. For instance, allogeneic stem cell transplants have shown effectiveness in Alzheimer's disease in animal studies.
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Placental Stem Cell Therapy Market: Key Drivers
Growing need for precision cell-based therapies has led to a spurt in R&D in placental stem cell products both in in-vitro and in vivo, thus unlocking lucrative avenues
Rising social and economic burden of age-related neurological disorders has generated massive attention of stem cell companies globally. Researchers are increasingly exploring these therapies to develop novel treatments for Parkinson's disease, stroke, traumatic brain injury, and Huntington's disease.
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Placental Stem Cell Therapy Market: Key Players
Some of the key players in the placental stem cell therapy market are
Global Placental Stem Cell Therapy Market: Segmentation
Placental Stem Cell Therapy Market, by Application
Placental Stem Cell Therapy Market, by End User
Hospitals & Specialty Clinics
Clinical Research Organizations
Research Institutes & Academies
Placental Stem Cell Therapy Market, by Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
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Downstream Processing Market: The latest advancements in downstream processing include ligand technologies for purifying RNA and COVID-19 vaccines. Companies in the downstream processing market are in many talks such as Navigo Proteins and Repligan, who have developed an affinity ligand targeting the SARS-CoV-2 spike protein for the purification of COVID-19 vaccines.
Central Lab Market: The central lab market is estimated to surpass US$ 4.1 Bn mark by 2030. However, central lab stakeholders are posed with many challenges, such as time consuming processes, since several sites samples need to reach one lab and may take several days.
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