What is Stem Cell Therapy?
Stem cell therapy is a medical approach that involves the use of stem cells to treat or prevent various diseases and medical conditions. Stem cells are unique cells in the human body that have the remarkable ability to develop into different types of specialized cells with specific functions. This characteristic makes them valuable in regenerative medicine and potential treatments for a wide range of conditions.
Asia Pacific Stem Cell Therapy Market Size Overview:
Astute Analytica has released its latest research report, presenting a comprehensive examination of the worldwide Asia Pacific Stem Cell Therapy Market for the projected timeframe spanning from 2022 to 2031.
The Asia Pacific stem cell therapy market is poised for substantial growth in the coming years, with a projected compound annual growth rate (CAGR) of 10.29% between 2023 and 2031. This growth is expected to drive the market value up to US$ 3,420.05 Mn by 2031, following a successful revenue performance of US$ 1,453.61 Mn in 2022.
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Stem cell therapy involves the following key steps:
Harvesting: Stem cells are collected from a suitable source, such as bone marrow, adipose tissue, or other tissues, depending on the type of therapy.
Isolation and Processing: The harvested stem cells are processed and isolated in a laboratory to prepare them for therapeutic use.
Administration: The isolated stem cells are then reintroduced into the patient's body, typically through injection or infusion. The cells can be directed to the specific site or tissue that needs repair or regeneration.
Differentiation: Once inside the body, the stem cells can potentially differentiate into the specific cell types required to repair damaged or diseased tissue. This can include cells such as neurons, muscle cells, or blood cells.
Stem cell therapy has shown promise in treating a range of conditions, including certain types of cancer, autoimmune diseases, neurological disorders, heart disease, and orthopedic injuries. However, it is important to note that while some stem cell therapies have been proven effective and are widely used, others are still in the experimental stage and require further research and clinical trials to establish their safety and efficacy.
Top Key Players of the Asia Pacific Stem Cell Therapy Market
AlloSource
Anterogen Co. Ltd.
Arce Therapeutics
Astellas Pharma Inc
Biogend Therapeutics
Biorestorative Therapies Inc.
Brainstorm Cell Limited.
Cellular Biomedicine Group
CORESTEM
Fujifilm Holding Corporation
Holostem Terapie Avanzate Srl
JCR Pharmaceuticals Co. Ltd.
Kangstem Biotech
MEDIPOST Co. Ltd.
Mesoblast Ltd
Personalized Stem Cells
PELL Biotech Co., Ltd.
Pluristem Inc.
RTI Surgical
Sartorius AG
Sewon Cellontech
Smith+Nephew
STEMPEUTICS RESEARCH PVT LTD.
Takeda Pharmaceutical Company Limited
Vericel Corp
Other Prominent Players
Segmentation Overview of the Asia Pacific Stem Cell Therapy Market
The Asia Pacific stem cell therapy market is segmented based on therapy type, product, cell source, technology, application and end user.
By Therapy Type segmented, the Asia Pacific stem cell therapy market is sub-segmented into:
Autologous Stem Cell Therapy
Allogeneic Stem Cell Therapy
By Product segment, the Asia Pacific stem cell therapy market is sub-segmented into:
Adult Stem Cells (ASCs)
Human Embryonic Stem Cells (HESCs)
Induced Pluripotent Stem Cells (iPSCs)
Very Small Embryonic Like Stem Cells
By Cell source segment, the Asia Pacific stem cell therapy market is sub-segmented into:
Adipose tissue derived MSCs
Bone marrow derived MSCs
Placental/umbilical cord derived MSCs
Other Cell Sources
By technology segment, the Asia Pacific stem cell therapy market is sub-segmented into:
Cell Acquisition
Cell Production
Cryopreservation
Expansion and Sub-Culture
By application segment, the Asia Pacific stem cell therapy market is sub-segmented into:
Musculoskeletal Disorders
Wounds and Injuries
Acute Graft-Versus-Host Disease (AGVHD)
Surgeries
Gastrointestinal Diseases
Cardiovascular Diseases
Inflammatory & Autoimmune Diseases
Neurological Disorders
Others
By end user segment, the Asia Pacific stem cell therapy market is sub-segmented into:
Hospitals
Research institutes
Surgical institutes
Others
By country, the Asia Pacific stem cell therapy market is sub-segmented into:
China
India
Japan
Australia & New Zealand
ASEAN
Taiwan
South Korea
Rest of Asia Pacific
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About Astute Analytica:
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