Monday, 11 March 2019

Global Induced Pluripotent Stem Cell Market 2026: North America is expected to lead the global market given the rising number of research and clinical trials in the region

The unique properties of iPS cells provides extensive potential to several biopharmaceutical applications. iPSCs are also used in toxicology testing, high throughput, disease modeling, and target identification. This type of stem cell has the potential to transform drug discovery by offering physiologically relevant cells for tool discovery, compound identification, and target validation. A new report states that the global induced pluripotent stem or iPS cell market is expected to witness a strong CAGR of 7.0% from 2018 to 2026. In 2017, the market was worth US$ 1,254.0 Mn and is expected to reach US$ 2,299.5 Mn by the end of the forecast period in 2026.
Despite the economic and political uncertainty in the recent past, the global healthcare industry has been receiving positive nudges from reformative and technological disruptions in medical devices, pharmaceuticals and biotech, in-vitro diagnostics, and medical imaging. Key markets across the world are facing a massive rise in demand for critical care services that are pushing global healthcare spending levels to unimaginable limits.
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A rapidly multiplying geriatric population; increasing prevalence of chronic ailments such as cancer and cardiac disease; growing awareness among patients; and heavy investments in clinical innovation are just some of the factors that are impacting the performance of the global healthcare industry. Proactive measures such as healthcare cost containment, primary care delivery, innovation in medical procedures (3-D printing, blockchain, and robotic surgery to name a few), safe and effective drug delivery, and well-defined healthcare regulatory compliance models are targeted at placing the sector on a high growth trajectory across key regional markets.
Parent Indicators Healthcare
- Current expenditure on health, % of gross domestic product
- Current expenditure on health, per capita, US$ purchasing power parities (current prices, current PPPs)
- Annual growth rate of current expenditure on health, per capita, in real terms
- Out-of-pocket expenditure, % of current expenditure on health
- Out-of-pocket expenditure, per capita, US$ purchasing power parity (current prices, current PPPs)
- Physicians, Density per 1000 population (head counts)
- Nurses, Density per 1000 population (head counts)
- Total hospital beds, per 1000 population
- Curative (acute) care beds, per 1000 population
- Medical technology, Magnetic Resonance Imaging units, total, per million population
- Medical technology, Computed Tomography scanners, total, per million population
Standard Report Structure
- Executive Summary
- Market Definition
- Macro-economic analysis
- Parent Market Analysis
- Market Overview
- Forecast Factors
- Segmental Analysis and Forecast
- Regional Analysis
- Competition Analysis
- Market Taxonomy
The global iPS cell market has been segmented into:
Cell Type
- Hepatocytes
- Fibroblasts
- Keratinocytes
- Neurons
- Others
- Application
Drug Development
- Regenerative Medicine
- Toxicity Testing
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End User
- Academic and Research Institutes
- Biotechnology Companies
Region
- North America
- Latin America
- Europe
- Asia Pacific excluding China (APEC)
- China
- Middle East and Africa (MEA)
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