The global Stem Cell Assay market was valued at USD 536.53 million in 2016 and is projected to reach USD 2858.95 million by 2025, growing at a CAGR of 20.43% from 2017 to 2025.
Stem cells have the potential to treat a wide range of diseases. The major investments in the field and scope of medical biotechnology are supposed to boost the growth of stem cell assay market during the forecast period.
The Final Report will cover the impact analysis of COVID-19 on this industry:
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Sample Infographics:
Market Dynamics:1. Market Drivers1.1 Rising Investment in Research Related Activities1.2 Technological Advancements1.3 Increasing Govt. Support1.4 Funding for Stem Cell2. Market Restraints2.1 Affordability of Stem Cell Therapies & Treatments2.2 Slow Response Time of Regulatory Bodies & Training Needs
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Market Segmentation:1. By Application:1.1 Regenerative Medicine & Therapy Development1.1.1Orthopedic & Musculoskeletal Spine1.1.2 Dermatology1.1.3 Cardiovascular1.1.4 Central Nervous System1.1.5 Oncology1.1.6 Diabetes1.1.7 Others1.2 Drug Discovery and Development1.3 Clinical Research
2. By Product:2.1 Instruments2.1.1 Micro Electrode Arrays2.1.2 Flow Cytometer2.1.3 Cell Imaging Systems2.1.4 Automated Cell Counter2.2 Detection Kits2.2.1 ImmunoHistochemistry Kits
3. By End User:3.1 Pharmaceutical & Biotechnology Companies3.2 Research Institutes3.3 Industry Research
4. By Technology:4.1 Micro Fabricated Assisted Technology4.1.1 Microfluidics Based Cell Trap Technologies
5. By Kits:5.1 Adult Stem Cell Kits5.1.1 Mesenchymal Stem Cell Kits5.1.2 Induced Pluripotent Stem Cell Kits5.1.3 Hematopoietic Stem Cell Kits5.1.4 Neuronal Stem Cells Kits5.1.5 Umbilical Cord Stem Cells5.2 Human Embryonic Stem Cells Kits
6. By Assay:6.1 Cell Viability & Toxicity Assays6.2 Isolation/Purification Assays6.3 Cell Identification Assays6.4 Cell Proliferation Assays6.5 Cell Differentiation Assays6.6 Cell Function Assays6.7 Cell Apoptosis Assays
7. By Region:7.1 North America (U.S., Canada, Mexico)7.2 Europe (Germany, UK, France, Rest of Europe)7.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)7.4 Latin America (Brazil, Argentina, Rest of Latin America)7.5 Middle East & Africa
Competitive Landscape:The major players in the market are as follows:1. GE Healthcare2. Promega Corporation3. Thermo Fisher Scientific Pvt. Ltd4. Merck Millipore5. Cell Bio Labs, Inc.6. Hemogenix Inc.7. Stem Cell Technologies8. Bio Rad9. R&D Systems10. Cellular Dynamics International.These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:Research study on the Stem Cell Assaymarketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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