Stem Cell Assay Market is anticipated to grow at a CAGR of 19.1% during 2023-2028

May 18 19:04 2023
Stem Cell Assay Market is anticipated to grow at a CAGR of 19.1% during 2023-2028
Trends and Forecast for the stem cell assay market
Trends, opportunities, and forecast for the global stem cell assay market from 2017 to 2028 by type (viability or cytotoxicity, isolation and purification, cell identification, and others), cell type (adult, mesenchymal, induced pluripotent, hematopoietic, and others), product & service (instruments, flow cytometers, microelectrode arrays, and others), application (regenerative medicine & therapy development, orthopedic, and others), end use industry (biopharmaceutical

The global stem cell assay market is projected to reach $4.0 billion by 2028, at a CAGR of 19.1% during 2023-2028. The growth of stem cell assay market is driven by increasing awareness of the therapeutic potency of stem cells, rising acceptance of the current stem cell culture technology, and growing cases of cancer and cardiovascular diseases.

Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising, high-growth opportunities for the stem cell assay market by type (viability or cytotoxicity, isolation and purification, cell identification, proliferation, differentiation, function, apoptosis, and others), cell type (adult, mesenchymal, induced pluripotent, hematopoietic, umbilical cord, neural, human embryonic), product & service (instruments, flow cytometers, microelectrode arrays, cell imaging & analysis systems, automated cell counters, and kits services), application (regenerative medicine & therapy development, orthopedic, musculoskeletal, and spine application, dermatology application, cardiovascular application, CNS application, oncology application, diabetes application, drug discovery & development, and clinical research), end use industry (biopharmaceutical & biotechnology companies and academic & research institutes), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the stem cell assay market?

Q.4 What are some changing demands of customers in the stem cell assay market?

Q.5 What are the new developments in the stem cell assay market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this stem cell assay area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this stem cell assay market?

 

Market Segmentation:

Based on type, the stem cell assay market is segmented into viability or cytotoxicity, isolation and purification, cell identification, and others. The viability/cytotoxicity assay segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to increasing adoption of assays in toxicology and pharmacology application as it helps in determining the number of live and dead cells in a growth medium.

North America is expected to witness the highest growth during the forecast period due to the presence of well-established research infrastructure and increasing government initiatives for stem cell-based research in the region.

Key Players in the stem cell assay market are Thermo Fisher Scientific, Merck KGaA, Danaher, Becton, Dickinson and Company, Agilent Technologies, Bio-Techne Corporation, Lonza Group, PerkinElmer, Cell Biolabs, and Bio-Rad Laboratories.

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The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.

To read more about this market please click on https://www.lucintel.com/stem-cell-assay-market.aspx

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Roy AlmaguerLucintel Dallas, Texas, USA Email: [email protected] Tel. 972.636.5056

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