Induced pluripotent market is expected to rise to an estimated value of USD 2.33 billion by 2026, registering a substantial CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing prevalence of chronic diseases and ailments requiring the development of modern technologically advanced therapeutic options.
If seeking to create sustainable and profitable business strategies, actionable market insights are always very important. Induced Pluripotent market research report helps to provide such market insights by considering all the aspects of current and future market. This market report describes the categorization by companies, region, type and end-use industry. It provides key measurements, status of the manufacturers and is a significant source of direction for the businesses and organizations. Global Induced Pluripotent market document highlights the most important market insights that take business to the highest level of growth and success.
Few of the major competitors currently working in the induced pluripotent market are Bristol-Myers Squibb Company; CELGENE CORPORATION; Astellas Pharma Inc.; Thermo Fisher Scientific; Cell Applications, Inc.; Axol Bioscience Ltd.; Organogenesis Holdings; Merck KGaA; FUJIFILM Holdings Corporation; Fate Therapeutics; KCI Licensing, Inc.; Japan Tissue Engineering Co., Ltd.; Vericel; ViaCyte, Inc.; STEMCELL Technologies Inc.; Horizon Discovery Group plc; Lonza; Takara Bio Inc.; Promega Corporation and QIAGEN.
Key Developments in the Market:
- In March 2018, FUJIFILM Holdings Corporation announced that they are planning to acquire Irvine Scientific Sales and IS Japan of Saitama Prefecture, which will help in providing FUJIFILM with regenerative therapeutics and medicine capabilities of growing certain cells inclusive of but not limited to pluripotent stem cells.
- In February 2018, Astellas Pharma Inc. announced that they are acquiring Universal Cells for USD 102.5 million. This acquisition will help Astellas to integrate Universal’s technological platform developed for better acceptance and implementation of pluripotent cells in the recipient’s body.
- Rise in the expenditure incurred by various private and government sources on R&D is expected to drive the growth of the market
- High levels of understanding and awareness regarding the composition of the iPSC (Induced Pluripotent Stem Cell) has resulted in a rise of demand of the product from various end-users; this factor is expected to drive the growth of the market
- Utilization of these cells for the creation of customized tissues and helping in understanding of human development; this factor is expected to drive the growth of the market
- Complications and large costs associated with the development and manufacturing of these products are expected to restrain the growth of the market
- Chances of health risks due to the acceptance of these products in the recipient’s body along with lack of efficiency in the process are factors restraining the growth of the market
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Summary of the report
- This xyz report provides in depth overview of the global Induced Pluripotent market
- Investigation of the global industry trends, historic data and forecast from 2019-2026
- Wide ranging company profiles of the leading players in the industry
- The Composition of the market, in terms of dynamic molecule types and targets, underlining the major industry resources and players.
- SWOT analysis and Porter five force analyses is utilized to provide unbiased view of the market.
Segmentation: Global Induced Pluripotent Market
By Product Category
- Cell Culture
- Cell Analysis
By Cell Type
- Amniotic Cells
- Drug Development
- Regenerative Medicine
- Toxicity Testing
- Academic Research
- Stem Cell Bio-Banking
- Academic & Research Institutes
- Biotechnology Companies
- North America
- South America
- Middle East & Africa
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Potentials held by the report
- Detailed overview of the market
- Key developments and product launches in the market
- Key parameters which are driving the market
- Strategies of key players and product offerings
- In-depth market segmentation
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