Placental Stem Cell
Therapy Market: Introduction
According to the report, the
global placental stem cell therapy market was valued at
US$ 0.5 Bn in 2019. It is projected to expand at a
CAGR of 20% from 2020 to 2030.
The placenta is an organ that connects the developing fetus to the uterine
wall, enabling a flow of nutrients, gases, and hormones between the mother and
the fetus during pregnancy. After childbirth, blood remains in the placenta,
which can be collected and stored for a fee, for future therapeutic use. The
human extra-embryonic tissues (placenta, amniotic membranes, and umbilical
cord) as well as human placental fluids (amniotic fluid and umbilical cord
blood) were also defined as sources of Mesenchymal stem cells (MSCs), which
represents a great interest for biomedical applications. Immunomodulatory
properties of human placenta as well as the clinical applicability of such
placental parts as amniotic membranes for wound healing, treatment of burns,
and reconstruction of the oral cavity are expected to drive its demand.
In terms of application, the global
placental stem cell therapy market has been divided into hematologic
malignancies and disorders, congenital immunodeficiency disorders, metabolic
disorders, neurological disorders, and others. The neurological disorders
segment held a significant share of the global placental stem cell therapy
market in 2019. Based on end user, the global placental stem cell
therapy market has been split into hospitals & specialty clinics, clinical
research organizations, and research institutes & academies. The clinical
research organizations segment held a significant share of the global placental
stem cell therapy market in 2019.
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Placental Stem Cell
Therapy Market: Prominent Regions
Asia Pacific held a major share of
the global placental stem cell therapy market in 2019. Presence of
key players and growth strategies adopted by these players are key factors
driving the placental stem cell therapy market in the region. North America
accounted for the second-largest share of the global placental stem cell
therapy market in 2019. The expansion of the market in the region
can be attributed to a well-developed healthcare sector. The placental
stem cell therapy market in North America is likely to expand at a rapid pace
during the forecast period. Technological developments in placental stem cell
therapy is another major factor that is likely to propel the placental stem
cell therapy market in the region.
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Placental Stem Cell
Therapy Market: Key Players
Key players are expanding their
footprint to consolidate their positions in the global placental stem cell
therapy market, due to lucrative opportunities to increase their share. Hence,
manufacturers engage in new developments, collaborations, and distribution to
gain market share. Leading players operating in the global placental stem cell
therapy market include Lifebank Stem Cell Banking, Celularity, Inc., Americord
Registry, ReeLabs Pvt. Ltd., Pluristem Therapeutics, Inc., Mesoblast Limited,
ReNeuron Group plc, and Athersys, Inc.
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Global Placental
Stem Cell Therapy Market: Segmentation
Placental Stem Cell
Therapy Market,
·
·
·
·
·
Placental Stem Cell
Therapy Market, by End User
·
·
·
Placental Stem Cell Therapy
Market, by Region
·
o U.S.
o Canada
·
o Germany
o U.K.
o France
o Italy
o Spain
o Rest of the Europe
·
o Malaysia
o Thailand
o Indonesia
o Vietnam
o China
o Rest of Asia
Pacific
·
o Brazil
o Mexico
o Rest of Latin
America
·
o GCC Countries
o South Africa
o Rest of Middle East
& Africa
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