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Stem Cell Assay Market to reach USD 1962.31 Million by 2023

(IT-NEWSWIRE.COM, November 09, 2018 ) Overview
Stem cells can be used to treat severe medical conditions including Parkinson's disease, spinal cord injury, stroke-heart disease, burns, osteoarthritis, diabetes and rheumatoid arthritis owing to its ability to generate cells and repair tissues. Adult stem cell transplants are growing at an immense rate. States are Aggressively Funding Research, for example, California plans to spend around 1,800 million dollars on embryonic research by 2018. Over the decade, the applications of stem cells have increased at a rapid pace among research institutes and pharmaceutical industries.

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Europe Stem cell Assay market became really worth USD 203.28 Million in 2018 and is estimated to be developing at a CAGR of 19.3%, to attain USD 491.25 Million by 2023.

Drivers and Restraints:
Technological Advancements in Stem Cell-Based Research Instruments coupled with Introduction of Novel Stem Cell Productsare driving the market for Stem Cells at a rapid pace. Increase in incidence of chronic diseases such as Parkinson's disease, spinal cord injury, stroke heart disease, burns, osteoarthritis, diabetes and rheumatoid arthritis is also a prime factor for the growth of market. However, ethical issues associated with embryonic research and High Cost of Stem Cell Analysis procedure are hampering the growth of the market.

Viability/cytotoxicity assays is the largest segment owing to wider availability.Regenerative medicine and therapy development segment. Increasing demand for stem cells in the development of various therapies and growing acceptance of regenerative medicine industry are the key factors driving this segment

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Geographic Segmentation
Based on region, Europe stem cell assays market is segmented into the United Kingdom, Germany, Spain, France, and Italy. Germany leads the market in this region because of the increasing adoption of stem cell based totally studies on this USA.

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Prominent players operating in the research and development of stem cell assays are Thermo Fisher Scientific, GE Healthcare, Merck (Germany), MiltenyiBiotec, Bio-Rad Laboratories, STEMCELL Technologies (Canada), Promega Corporation, PerkinElmer, Agilent Technologies, Cell Biolabs, HemoGenix, Bio-Techne Corporation and Cellular Dynamics International.

Scope of the report
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

Contact Info:
Name: Mr. Abhishek Shukla
Organization: MarketDataForecast™
Address: 2nd Floor, Lakeview Plaza, Kavuri Hills, Hyderabad, Telangana 500033, India.
Phone: +1-888-702-9626

Market Data Forecast.

Abhishek Shukla


Source: EmailWire.Com


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