1 INTRODUCTION 28 
1.1 STUDY OBJECTIVES 28 
1.2 MARKET DEFINITION 28 
1.3 INCLUSIONS & EXCLUSIONS 29 
1.4 MARKET SCOPE 29 
1.4.1 MARKETS COVERED 29 
1.4.2 YEARS CONSIDERED 30 
1.5 CURRENCY 30 
1.6 RESEARCH LIMITATIONS 30 
1.7 STAKEHOLDERS 31 
1.8 SUMMARY OF CHANGES 31 
1.9 RECESSION IMPACT 32 
2 RESEARCH METHODOLOGY 33 
2.1 RESEARCH DATA 33 
FIGURE 1 RESEARCH DESIGN 33 
2.1.1 SECONDARY DATA 34 
2.1.2 PRIMARY DATA 35 
FIGURE 2 BREAKDOWN OF PRIMARIES: STEM CELL THERAPY MARKET 35 
2.2 MARKET SIZE ESTIMATION 36 
FIGURE 3 MARKET SIZE ESTIMATION FOR SUPPLY-SIDE ANALYSIS, 2022 36 
FIGURE 4 MARKET SIZE ESTIMATION: REVENUE SHARE ANALYSIS, 2022 37 
FIGURE 5 SMITH+NEPHEW: REVENUE SHARE ANALYSIS, 2022 37 
2.2.1 PRIMARY INSIGHTS 38 
FIGURE 6 VALIDATION FROM PRIMARY EXPERTS 38 
2.2.2 SEGMENT ASSESSMENT METHODOLOGY: STEM CELL THERAPY MARKET 39 
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 39 
FIGURE 8 CAGR PROJECTIONS: STEM CELL THERAPY MARKET 40 
FIGURE 9 GROWTH ANALYSIS OF DRIVERS, RESTRAINTS, CHALLENGES, AND OPPORTUNITIES 40 
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 41 
FIGURE 10 DATA TRIANGULATION METHODOLOGY 41 
2.4 STUDY ASSUMPTIONS 42 
2.5 RISK ANALYSIS 42 
2.6 IMPACT OF RECESSION ON STEM CELL THERAPY MARKET 43 
TABLE 1 GLOBAL INFLATION RATE PROJECTION, 2024–2028 (% GROWTH) 43 
TABLE 2 US HEALTH EXPENDITURE, 2019–2022 (USD MILLION) 43 
TABLE 3 US HEALTH EXPENDITURE, 2023–2027 (USD MILLION) 44 
3 EXECUTIVE SUMMARY 45 
FIGURE 11 STEM CELL THERAPY MARKET, BY TYPE, 2023 VS. 2028 (USD MILLION) 45 
FIGURE 12 STEM CELL THERAPY MARKET, BY CELL SOURCE, 2023 VS. 2028 (USD MILLION) 46 
FIGURE 13 STEM CELL THERAPY MARKET, BY THERAPEUTIC APPLICATION, 2023 VS. 2028 (USD MILLION) 46 
FIGURE 14 REGIONAL SNAPSHOT OF STEM CELL THERAPY MARKET 47 
4 PREMIUM INSIGHTS 49 
4.1 STEM CELL THERAPY MARKET OVERVIEW 49 
FIGURE 15 INCREASING INVESTMENTS AND FUNDING FOR STEM CELL RESEARCH TO DRIVE MARKET 49 
4.2 NORTH AMERICA: STEM CELL THERAPY MARKET, BY TYPE AND COUNTRY, 2022 50 
FIGURE 16 ALLOGENEIC STEM CELL THERAPY ACCOUNTED FOR LARGEST MARKET SHARE IN 2022 50 
4.3 STEM CELL THERAPY MARKET: GEOGRAPHICAL GROWTH OPPORTUNITIES 51 
FIGURE 17 SOUTH KOREA TO REGISTER HIGHEST GROWTH RATE DURING FORECAST PERIOD 51 
5 MARKET OVERVIEW 52 
5.1 INTRODUCTION 52 
5.2 MARKET DYNAMICS 52 
FIGURE 18 STEM CELL THERAPY MARKET: DRIVERS, RESTRAINTS, 
OPPORTUNITIES, AND CHALLENGES 52 
5.2.1 DRIVERS 53 
5.2.1.1 Increased funding for stem cell research 53 
TABLE 4 FUNDING FOR STEM CELL RESEARCH BY INDIAN COUNCIL OF MEDICAL RESEARCH, 2019–2022 (USD) 53 
TABLE 5 FUNDING FOR CELL-BASED RESEARCH BY NATIONAL INSTITUTES OF HEALTH, 2018–2023 (USD MILLION) 53 
5.2.1.2 Rising number of collaborations among healthcare institutes 54 
5.2.1.3 Increasing number of clinical trials for stem cell-based therapies 55 
FIGURE 19 NUMBER OF CLINICAL TRIALS, 2015–2022 55 
5.2.2 RESTRAINTS 56 
5.2.2.1 Ethical concerns related to use of embryonic stem cells 56 
5.2.2.2 High cost of cell-based research and stem cell therapy 56 
5.2.3 OPPORTUNITIES 57 
5.2.3.1 Increased availability of alternatives to embryonic stem cells 57 
5.2.3.2 Growing demand for cell and gene therapies 58 
5.2.4 CHALLENGES 58 
5.2.4.1 Technological limitations 58 
5.3 TECHNOLOGY ANALYSIS 59 
TABLE 6 COMPARISON BETWEEN STEM CELL THERAPIES AND GENE THERAPIES 59 
5.4 DISRUPTIONS AND TRENDS IMPACTING CUSTOMER’S BUSINESS 60 
FIGURE 20 REVENUE SHIFT AND NEW POCKET FOR KEY PLAYERS IN STEM CELL THERAPY MARKET 60 
5.5 VALUE CHAIN ANALYSIS 60 
FIGURE 21 STEM CELL THERAPY MARKET: VALUE CHAIN ANALYSIS 61 
5.6 ECOSYSTEM MARKET MAP 61 
FIGURE 22 STEM CELL THERAPY MARKET: ECOSYSTEM MARKET MAP 61 
5.7 SUPPLY CHAIN ANALYSIS 62 
FIGURE 23 STEM CELL THERAPY MARKET: SUPPLY CHAIN ANALYSIS 62 
TABLE 7 SUPPLY CHAIN ANALYSIS: ROLE OF COMMERCIAL-SCALE/KEY MANUFACTURERS 63 
TABLE 8 SUPPLY CHAIN ANALYSIS: PIPELINE/EMERGING MANUFACTURERS 63 
5.8 PORTER’S FIVE FORCES ANALYSIS 64 
5.8.1 THREAT OF NEW ENTRANTS 64 
5.8.2 THREAT OF SUBSTITUTES 64 
5.8.3 BARGAINING POWER OF SUPPLIERS 64 
5.8.4 BARGAINING POWER OF BUYERS 65 
5.8.5 INTENSITY OF COMPETITION RIVALRY 65 
5.9 REGULATORY ANALYSIS 65 
5.9.1 REGULATORY LANDSCAPE 65 
5.9.1.1 North America 65 
TABLE 9 NORTH AMERICA: REGULATORY LANDSCAPE FOR STEM CELL THERAPIES 65 
5.9.1.2 Europe 68 
TABLE 10 EUROPE: REGULATORY LANDSCAPE FOR STEM CELL THERAPIES 68 
5.9.1.3 Asia Pacific 69 
TABLE 11 ASIA PACIFIC: REGULATORY LANDSCAPE FOR STEM CELL THERAPIES 69 
5.9.1.4 Rest of the World 71 
TABLE 12 REST OF THE WORLD: REGULATORY LANDSCAPE FOR STEM CELL THERAPIES 71 
5.9.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 72 
TABLE 13 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 72 
TABLE 14 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 72 
TABLE 15 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 74 
TABLE 16 REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 75 
5.10 PRICING ANALYSIS 75 
5.10.1 PRICING ANALYSIS 75 
TABLE 17 AVERAGE SELLING PRICE OF DRUG THERAPIES OFFERED BY KEY PLAYERS IN STEM CELL THERAPY MARKET 75 
5.10.2 AVERAGE SELLING PRICE TREND FOR STEM CELL THERAPIES 76 
5.11 PATENT ANALYSIS 77 
FIGURE 24 STEM CELL THERAPY: PATENT ANALYSIS, 2013–2023 77 
5.12 KEY CONFERENCES & EVENTS 78 
TABLE 18 LIST OF KEY CONFERENCES & EVENTS, 2023–2024 78 
5.13 PIPELINE ANALYSIS 78 
5.14 KEY STAKEHOLDERS & BUYING CRITERIA 81 
FIGURE 25 KEY STAKEHOLDERS 81 
5.14.1 KEY BUYING CRITERIA 82 
FIGURE 26 KEY BUYING CRITERIA FOR END USERS 82 
6 STEM CELL THERAPY MARKET, BY CELL SOURCE 83 
6.1 INTRODUCTION 84 
TABLE 19 STEM CELL THERAPY MARKET, BY CELL SOURCE, 2021–2028 (USD MILLION) 84 
6.2 ADIPOSE TISSUE-DERIVED MESENCHYMAL STEM CELLS 84 
6.2.1 EASE OF ISOLATION AND HARVESTING TO DRIVE GROWTH 84 
TABLE 20 ADIPOSE TISSUE-DERIVED MESENCHYMAL STEM CELLS MARKET, BY REGION, 2021–2028 (USD MILLION) 85 
TABLE 21 NORTH AMERICA: ADIPOSE TISSUE-DERIVED MESENCHYMAL STEM CELLS MARKET, BY COUNTRY, 2021–2028 (USD MILLION) 85 
TABLE 22 EUROPE: ADIPOSE TISSUE-DERIVED MESENCHYMAL STEM CELLS MARKET, BY COUNTRY, 2021–2028 (USD MILLION) 86 
TABLE 23 ASIA PACIFIC: ADIPOSE TISSUE-DERIVED MESENCHYMAL STEM CELLS MARKET, BY COUNTRY, 2021–2028 (USD MILLION) 86 
6.3 BONE MARROW-DERIVED MESENCHYMAL STEM CELLS 86 
6.3.1 HIGH PREVALENCE OF METABOLIC DISORDERS TO SUPPORT MARKET GROWTH 86 
TABLE 24 BONE MARROW-DERIVED MESENCHYMAL STEM CELLS MARKET, BY REGION, 2021–2028 (USD MILLION) 87 
TABLE 25 NORTH AMERICA: BONE MARROW-DERIVED MESENCHYMAL STEM CELLS MARKET, BY COUNTRY, 2021–2028 (USD MILLION) 87 
TABLE 26 EUROPE: BONE MARROW-DERIVED MESENCHYMAL STEM CELLS MARKET, BY COUNTRY, 2021–2028 (USD MILLION) 88 
TABLE 27 ASIA PACIFIC: BONE MARROW-DERIVED MESENCHYMAL STEM CELLS MARKET, BY COUNTRY, 2021–2028 (USD MILLION) 88 
6.4 PLACENTA/UMBILICAL CORD-DERIVED MESENCHYMAL STEM CELLS 88 
6.4.1 LOW CHANCES OF REJECTION FROM IMMUNE SYSTEM TO PROPEL GROWTH 88 
TABLE 28 PLACENTA/UMBILICAL CORD-DERIVED MESENCHYMAL STEM CELLS MARKET, BY REGION, 2021–2028 (USD MILLION) 89 
TABLE 29 NORTH AMERICA: PLACENTA/UMBILICAL CORD-DERIVED MESENCHYMAL STEM CELLS MARKET, BY COUNTRY, 2021–2028 (USD MILLION) 89 
TABLE 30 EUROPE: PLACENTA/UMBILICAL CORD-DERIVED MESENCHYMAL STEM CELLS MARKET, BY COUNTRY, 2021–2028 (USD MILLION) 90 
TABLE 31 ASIA PACIFIC: PLACENTA/UMBILICAL CORD-DERIVED MESENCHYMAL STEM CELLS MARKET, BY COUNTRY, 2021–2028 (USD MILLION) 90 
6.5 OTHER CELL SOURCES 90 
TABLE 32 STEM CELL THERAPY MARKET FOR OTHER CELL SOURCES, BY REGION, 2021–2028 (USD MILLION) 91 
TABLE 33 NORTH AMERICA: STEM CELL THERAPY MARKET FOR OTHER CELL SOURCES, BY COUNTRY, 2021–2028 (USD MILLION) 91 
TABLE 34 EUROPE: STEM CELL THERAPY MARKET FOR OTHER CELL SOURCES, BY COUNTRY, 2021–2028 (USD MILLION) 91 
TABLE 35 ASIA PACIFIC: STEM CELL THERAPY MARKET FOR OTHER CELL SOURCES, BY COUNTRY, 2021–2028 (USD MILLION) 92 
7 STEM CELL THERAPY MARKET, BY TYPE 93 
7.1 INTRODUCTION 94 
TABLE 36 STEM CELL THERAPY MARKET, BY TYPE, 2021–2028 (USD MILLION) 94 
7.2 ALLOGENEIC STEM CELL THERAPY 94 
7.2.1 ECONOMICALLY VIABLE AND LESS TIME-CONSUMING—KEY FACTORS DRIVING MARKET GROWTH 94 
TABLE 37 ALLOGENEIC STEM CELL THERAPY MARKET, BY REGION, 2021–2028 (USD MILLION) 95 
TABLE 38 NORTH AMERICA: ALLOGENEIC STEM CELL THERAPY MARKET, BY COUNTRY, 2021–2028 (USD MILLION) 95 
TABLE 39 EUROPE: ALLOGENEIC STEM CELL THERAPY MARKET, BY COUNTRY, 2021–2028 (USD MILLION) 95 
TABLE 40 ASIA PACIFIC: ALLOGENEIC STEM CELL THERAPY MARKET, BY COUNTRY, 2021–2028 (USD MILLION) 96 
7.3 AUTOLOGOUS STEM CELL THERAPY 96 
7.3.1 LOW RISK OF POST-TREATMENT COMPLICATIONS TO DRIVE GROWTH 96 
TABLE 41 AUTOLOGOUS STEM CELL THERAPY MARKET, BY REGION, 2021–2028 (USD MILLION) 97 
TABLE 42 NORTH AMERICA: AUTOLOGOUS STEM CELL THERAPY MARKET, BY COUNTRY, 2021–2028 (USD MILLION) 97 
TABLE 43 EUROPE: AUTOLOGOUS STEM CELL THERAPY MARKET, BY COUNTRY, 2021–2028 (USD MILLION) 97 
TABLE 44 ASIA PACIFIC: AUTOLOGOUS STEM CELL THERAPY MARKET, BY COUNTRY, 2021–2028 (USD MILLION) 98 
8 STEM CELL THERAPY MARKET, BY THERAPEUTIC APPLICATION 99 
8.1 INTRODUCTION 100 
TABLE 45 STEM CELL THERAPY MARKET, BY THERAPEUTIC APPLICATION, 2021–2028 (USD MILLION) 100 
8.2 MUSCULOSKELETAL DISORDERS 100 
8.2.1 INCREASING CASES OF OSTEOARTHRITIS TO DRIVE MARKET 100 
TABLE 46 STEM CELL THERAPY MARKET FOR MUSCULOSKELETAL DISORDERS, BY REGION, 2021–2028 (USD MILLION) 101 
TABLE 47 NORTH AMERICA: STEM CELL THERAPY MARKET FOR MUSCULOSKELETAL DISORDERS, BY COUNTRY, 2021–2028 (USD MILLION) 101 
TABLE 48 EUROPE: STEM CELL THERAPY MARKET FOR MUSCULOSKELETAL DISORDERS, BY COUNTRY, 2021–2028 (USD MILLION) 101 
TABLE 49 ASIA PACIFIC: STEM CELL THERAPY MARKET FOR MUSCULOSKELETAL DISORDERS, BY COUNTRY, 2021–2028 (USD MILLION) 102 
8.3 WOUNDS & SURGERIES 102 
8.3.1 INCREASING BENEFITS OF ALLOGENEIC-BASED THERAPIES TO SUPPORT MARKET GROWTH 102 
TABLE 50 STEM CELL THERAPY MARKET FOR WOUNDS & SURGERIES, BY REGION, 2021–2028 (USD MILLION) 103 
TABLE 51 NORTH AMERICA: STEM CELL THERAPY MARKET FOR WOUNDS & SURGERIES, BY COUNTRY, 2021–2028 (USD MILLION) 103 
TABLE 52 EUROPE: STEM CELL THERAPY MARKET FOR WOUNDS & SURGERIES, BY COUNTRY, 2021–2028 (USD MILLION) 103 
TABLE 53 ASIA PACIFIC: STEM CELL THERAPY MARKET FOR WOUNDS & SURGERIES, BY COUNTRY, 2021–2028 (USD MILLION) 104 
8.4 INFLAMMATORY & AUTOIMMUNE DISEASES 104 
8.4.1 INCREASING CLINICAL TRIALS TO SUPPORT MARKET GROWTH 104 
TABLE 54 STEM CELL THERAPY MARKET FOR INFLAMMATORY & AUTOIMMUNE DISEASES, BY REGION, 2021–2028 (USD MILLION) 104 
TABLE 55 NORTH AMERICA: STEM CELL THERAPY MARKET FOR INFLAMMATORY & AUTOIMMUNE DISEASES, BY COUNTRY, 2021–2028 (USD MILLION) 105 
TABLE 56 EUROPE: STEM CELL THERAPY MARKET FOR INFLAMMATORY & AUTOIMMUNE DISEASES, BY COUNTRY, 2021–2028 (USD MILLION) 105 
TABLE 57 ASIA PACIFIC: STEM CELL THERAPY MARKET FOR INFLAMMATORY & AUTOIMMUNE DISEASES, BY COUNTRY, 2021–2028 (USD MILLION) 105 
8.5 CARDIOVASCULAR DISEASES 106 
8.5.1 INCREASING PUBLIC & PRIVATE FUNDING FOR CVD RESEARCH TO DRIVE MARKET 106 
TABLE 58 STEM CELL THERAPY MARKET FOR CARDIOVASCULAR DISEASES, BY REGION, 2021–2028 (USD MILLION) 106 
TABLE 59 NORTH AMERICA: STEM CELL THERAPY MARKET FOR CARDIOVASCULAR DISEASES, BY COUNTRY, 2021–2028 (USD MILLION) 106 
TABLE 60 EUROPE: STEM CELL THERAPY MARKET FOR CARDIOVASCULAR DISEASES, BY COUNTRY, 2021–2028 (USD MILLION) 107 
TABLE 61 ASIA PACIFIC: STEM CELL THERAPY MARKET FOR CARDIOVASCULAR DISEASES, BY COUNTRY, 2021–2028 (USD MILLION) 107 
8.6 NEUROLOGICAL DISORDERS 107 
8.6.1 RISING PREVALENCE OF NEUROLOGICAL DISORDERS TO PROPEL MARKET 107 
TABLE 62 STEM CELL THERAPY MARKET FOR NEUROLOGICAL DISORDERS, BY REGION, 2021–2028 (USD MILLION) 108 
TABLE 63 NORTH AMERICA: STEM CELL THERAPY MARKET FOR NEUROLOGICAL DISORDERS, BY COUNTRY, 2021–2028 (USD MILLION) 108 
TABLE 64 EUROPE: STEM CELL THERAPY MARKET FOR NEUROLOGICAL DISORDERS, BY COUNTRY, 2021–2028 (USD MILLION) 108 
TABLE 65 ASIA PACIFIC: STEM CELL THERAPY MARKET FOR NEUROLOGICAL DISORDERS, BY COUNTRY, 2021–2028 (USD MILLION) 109 
8.7 OTHER THERAPEUTIC APPLICATIONS 109 
TABLE 66 STEM CELL THERAPY MARKET FOR OTHER THERAPEUTIC APPLICATIONS, BY REGION, 2021–2028 (USD MILLION) 109 
TABLE 67 NORTH AMERICA: STEM CELL THERAPY MARKET FOR OTHER THERAPEUTIC APPLICATIONS, BY COUNTRY, 2021–2028 (USD MILLION) 110 
TABLE 68 EUROPE: STEM CELL THERAPY MARKET FOR OTHER THERAPEUTIC APPLICATIONS, BY COUNTRY, 2021–2028 (USD MILLION) 110 
TABLE 69 ASIA PACIFIC: STEM CELL THERAPY MARKET FOR OTHER THERAPEUTIC APPLICATIONS, BY COUNTRY, 2021–2028 (USD MILLION) 110 
9 STEM CELL THERAPY MARKET, BY REGION 111 
9.1 INTRODUCTION 112 
TABLE 70 STEM CELL THERAPY MARKET, BY REGION, 2021–2028 (USD MILLION) 112 
9.2 NORTH AMERICA 113 
FIGURE 27 NORTH AMERICA: STEM CELL THERAPY MARKET SNAPSHOT 113 
TABLE 71 NORTH AMERICA: STEM CELL THERAPY MARKET, BY COUNTRY, 2021–2028 (USD MILLION) 114 
TABLE 72 NORTH AMERICA: STEM CELL THERAPY MARKET, BY CELL SOURCE, 2021–2028 (USD MILLION) 114 
TABLE 73 NORTH AMERICA: STEM CELL THERAPY MARKET, BY TYPE, 2021–2028 (USD MILLION) 114 
TABLE 74 NORTH AMERICA: STEM CELL THERAPY MARKET, BY THERAPEUTIC APPLICATION, 2021–2028 (USD MILLION) 115 
9.2.1 US 115 
9.2.1.1 Increase in stem cell therapy approvals to drive market 115 
TABLE 75 US: STEM CELL THERAPY MARKET, BY CELL SOURCE, 2021–2028 (USD MILLION) 116 
TABLE 76 US: STEM CELL THERAPY MARKET, BY TYPE, 2021–2028 (USD MILLION) 116 
TABLE 77 US: STEM CELL THERAPY MARKET, BY THERAPEUTIC APPLICATION, 2021–2028 (USD MILLION) 116 
9.2.2 CANADA 117 
9.2.2.1 Increase in research activities targeted toward stem cell therapies to propel market 117 
TABLE 78 CANADA: STEM CELL THERAPY MARKET, BY CELL SOURCE, 2021–2028 (USD MILLION) 117 
TABLE 79 CANADA: STEM CELL THERAPY MARKET, BY TYPE, 2021–2028 (USD MILLION) 118 
TABLE 80 CANADA: STEM CELL THERAPY MARKET, BY THERAPEUTIC APPLICATION, 2021–2028 (USD MILLION) 118 
9.2.3 RECESSION IMPACT ON NORTH AMERICAN STEM CELL THERAPY MARKET 118 
9.3 EUROPE 119 
TABLE 81 EUROPE: STEM CELL THERAPY MARKET, BY COUNTRY, 2021–2028 (USD MILLION) 119 
TABLE 82 EUROPE: STEM CELL THERAPY MARKET, BY CELL SOURCE, 2021–2028 (USD MILLION) 119 
TABLE 83 EUROPE: STEM CELL THERAPY MARKET, BY TYPE, 2021–2028 (USD MILLION) 120 
TABLE 84 EUROPE: STEM CELL THERAPY MARKET, BY THERAPEUTIC APPLICATION, 2021–2028 (USD MILLION) 120 
9.3.1 GERMANY 120 
9.3.1.1 Increasing incidence of sports-related injuries to drive market 120 
TABLE 85 GERMANY: STEM CELL THERAPY MARKET, BY CELL SOURCE, 2021–2028 (USD MILLION) 121 
TABLE 86 GERMANY: STEM CELL THERAPY MARKET, BY TYPE, 2021–2028 (USD MILLION) 121 
TABLE 87 GERMANY: STEM CELL THERAPY MARKET, BY THERAPEUTIC APPLICATION, 2021–2028 (USD MILLION) 121 
9.3.2 UK 122 
9.3.2.1 Rising adoption of cell-based therapies to propel market 122 
TABLE 88 UK: STEM CELL THERAPY MARKET, BY CELL SOURCE, 2021–2028 (USD MILLION) 122 
TABLE 89 UK: STEM CELL THERAPY MARKET, BY TYPE, 2021–2028 (USD MILLION) 122 
TABLE 90 UK: STEM CELL THERAPY MARKET, BY THERAPEUTIC APPLICATION, 2021–2028 (USD MILLION) 123 
9.3.3 FRANCE 123 
9.3.3.1 Rising R&D expenditure for stem cell therapy to support market growth 123 
TABLE 91 FRANCE: STEM CELL THERAPY MARKET, BY CELL SOURCE, 2021–2028 (USD MILLION) 124 
TABLE 92 FRANCE: STEM CELL THERAPY MARKET, BY TYPE, 2021–2028 (USD MILLION) 124 
TABLE 93 FRANCE: STEM CELL THERAPY MARKET, BY THERAPEUTIC APPLICATION, 2021–2028 (USD MILLION) 124 
9.3.4 ITALY 125 
9.3.4.1 Rising prevalence of neurological and cardiovascular disorders to drive market 125 
TABLE 94 ITALY: STEM CELL THERAPY MARKET, BY CELL SOURCE, 2021–2028 (USD MILLION) 125 
TABLE 95 ITALY: STEM CELL THERAPY MARKET, BY TYPE, 2021–2028 (USD MILLION) 125 
TABLE 96 ITALY: STEM CELL THERAPY MARKET, BY THERAPEUTIC APPLICATION, 2021–2028 (USD MILLION) 126 
9.3.5 SPAIN 126 
9.3.5.1 Rising prevalence of CVD to propel market 126 
TABLE 97 SPAIN: STEM CELL THERAPY MARKET, BY CELL SOURCE, 2021–2028 (USD MILLION) 127 
TABLE 98 SPAIN: STEM CELL THERAPY MARKET, BY TYPE, 2021–2028 (USD MILLION) 127 
TABLE 99 SPAIN: STEM CELL THERAPY MARKET, BY THERAPEUTIC APPLICATION, 2021–2028 (USD MILLION) 127 
9.3.6 REST OF EUROPE 128 
TABLE 100 REST OF EUROPE: STEM CELL THERAPY MARKET, BY CELL SOURCE, 2021–2028 (USD MILLION) 128 
TABLE 101 REST OF EUROPE: STEM CELL THERAPY MARKET, BY TYPE, 2021–2028 (USD MILLION) 128 
TABLE 102 REST OF EUROPE: STEM CELL THERAPY MARKET, BY THERAPEUTIC APPLICATION, 2021–2028 (USD MILLION) 129 
9.3.7 RECESSION IMPACT ON EUROPEAN STEM CELL THERAPY MARKET 129 
9.4 ASIA PACIFIC 130 
FIGURE 28 ASIA PACIFIC: STEM CELL THERAPY MARKET SNAPSHOT 130 
TABLE 103 ASIA PACIFIC: STEM CELL THERAPY MARKET, BY COUNTRY, 2021–2028 (USD MILLION) 131 
TABLE 104 ASIA PACIFIC: STEM CELL THERAPY MARKET, BY CELL SOURCE, 2021–2028 (USD MILLION) 131 
TABLE 105 ASIA PACIFIC: STEM CELL THERAPY MARKET, BY TYPE, 2021–2028 (USD MILLION) 131 
TABLE 106 ASIA PACIFIC: STEM CELL THERAPY MARKET, BY THERAPEUTIC APPLICATION, 2021–2028 (USD MILLION) 132 
9.4.1 JAPAN 132 
9.4.1.1 Growing geriatric population and faster regulatory approval process to augment market growth 132 
TABLE 107 JAPAN: STEM CELL THERAPY MARKET, BY CELL SOURCE, 2021–2028 (USD MILLION) 133 
TABLE 108 JAPAN: STEM CELL THERAPY MARKET, BY TYPE, 2021–2028 (USD MILLION) 133 
TABLE 109 JAPAN: STEM CELL THERAPY MARKET, BY THERAPEUTIC APPLICATION, 2021–2028 (USD MILLION) 133 
9.4.2 SOUTH KOREA 134 
9.4.2.1 Presence of major players to support market growth in South Korea 134 
TABLE 110 SOUTH KOREA: STEM CELL THERAPY MARKET, BY CELL SOURCE, 2021–2028 (USD MILLION) 134 
TABLE 111 SOUTH KOREA: STEM CELL THERAPY MARKET, BY TYPE, 2021–2028 (USD MILLION) 134 
TABLE 112 SOUTH KOREA: STEM CELL THERAPY MARKET, BY THERAPEUTIC APPLICATION, 2021–2028 (USD MILLION) 135 
9.4.3 INDIA 135 
9.4.3.1 Rising incidence of neurodegenerative disorders and diabetes to drive market 135 
TABLE 113 INDIA: STEM CELL THERAPY MARKET, BY CELL SOURCE, 2021–2028 (USD MILLION) 136 
TABLE 114 INDIA: STEM CELL THERAPY MARKET, BY TYPE, 2021–2028 (USD MILLION) 136 
TABLE 115 INDIA: STEM CELL THERAPY MARKET, BY THERAPEUTIC APPLICATION, 2021–2028 (USD MILLION) 136 
9.4.4 CHINA 137 
9.4.4.1 Increasing investments in stem cell research to drive market 137 
TABLE 116 CHINA: STEM CELL THERAPY MARKET, BY CELL SOURCE, 2021–2028 (USD MILLION) 137 
TABLE 117 CHINA: STEM CELL THERAPY MARKET, BY TYPE, 2021–2028 (USD MILLION) 137 
TABLE 118 CHINA: STEM CELL THERAPY MARKET, BY THERAPEUTIC APPLICATION, 2021–2028 (USD MILLION) 138 
9.4.5 REST OF ASIA PACIFIC 138 
TABLE 119 REST OF ASIA PACIFIC: STEM CELL THERAPY MARKET, BY CELL SOURCE, 2021–2028 (USD MILLION) 138 
TABLE 120 REST OF ASIA PACIFIC: STEM CELL THERAPY MARKET, BY TYPE, 2021–2028 (USD MILLION) 139 
TABLE 121 REST OF ASIA PACIFIC: STEM CELL THERAPY MARKET, BY THERAPEUTIC APPLICATION, 2021–2028 (USD MILLION) 139 
9.4.6 RECESSION IMPACT ON ASIA PACIFIC STEM CELL THERAPY MARKET 139 
9.5 REST OF THE WORLD 140 
TABLE 122 REST OF THE WORLD: STEM CELL THERAPY MARKET, BY CELL SOURCE, 2021–2028 (USD MILLION) 140 
TABLE 123 REST OF THE WORLD: STEM CELL THERAPY MARKET, BY TYPE, 2021–2028 (USD MILLION) 140 
TABLE 124 REST OF THE WORLD: STEM CELL THERAPY MARKET, BY THERAPEUTIC APPLICATION, 2021–2028 (USD MILLION) 141 
9.5.1 RECESSION IMPACT ON REST OF THE WORLD STEM CELL THERAPY MARKET 141 
10 COMPETITIVE LANDSCAPE 142 
10.1 INTRODUCTION 142 
10.2 STRATEGIES ADOPTED BY KEY PLAYERS 143 
FIGURE 29 STEM CELL THERAPY MARKET: STRATEGIES ADOPTED BY KEY PLAYERS 143 
10.3 REVENUE SHARE ANALYSIS 144 
FIGURE 30 REVENUE ANALYSIS OF TOP PLAYERS, 2020−2022 (USD MILLION) 144 
10.4 MARKET SHARE ANALYSIS 144 
FIGURE 31 STEM CELL THERAPY MARKET: MARKET SHARE ANALYSIS, BY KEY PLAYER, 2022 145 
TABLE 125 STEM CELL THERAPY MARKET: INTENSITY OF COMPETITIVE RIVALRY 145 
10.5 COMPANY EVALUATION MATRIX 146 
FIGURE 32 STEM CELL THERAPY MARKET: COMPANY EVALUATION MATRIX FOR KEY PLAYERS, 2022 147 
10.5.1 STARS 147 
10.5.2 EMERGING LEADERS 147 
10.5.3 PERVASIVE PLAYERS 148 
10.5.4 PARTICIPANTS 148 
10.6 COMPETITIVE BENCHMARKING OF KEY PLAYERS 148 
TABLE 126 THERAPEUTIC APPLICATION FOOTPRINT OF COMPANIES 148 
10.7 REGIONAL FOOTPRINT OF TOP 15 COMPANIES 149 
TABLE 127 REGIONAL FOOTPRINT OF COMPANIES 149 
10.8 STARTUP/SME EVALUATION MATRIX 150 
FIGURE 33 STEM CELL THERAPY MARKET: STARTUP/SME EVALUATION MATRIX, 2022 150 
10.8.1 PROGRESSIVE COMPANIES 151 
10.8.2 RESPONSIVE COMPANIES 151 
10.8.3 DYNAMIC COMPANIES 151 
10.8.4 STARTING BLOCKS 151 
10.9 COMPETITIVE BENCHMARKING OF STARTUPS/SMES 152 
TABLE 128 STEM CELL THERAPY MARKET: PRODUCT FOOTPRINT ANALYSIS OF STARTUPS/SMES 152 
TABLE 129 STEM CELL THERAPY MARKET: COMPETITIVE BENCHMARKING OF STARTUPS/SMES 154 
10.10 COMPETITIVE SCENARIOS AND TRENDS 155 
10.10.1 PRODUCT APPROVALS 155 
TABLE 130 STEM CELL THERAPY MARKET: PRODUCT APPROVALS, JANUARY 2020–OCTOBER 2023 155 
10.10.2 DEALS 155 
TABLE 131 STEM CELL THERAPY MARKET: DEALS, JANUARY 2020–OCTOBER 2023 155 
10.10.3 OTHER DEVELOPMENTS 156 
TABLE 132 STEM CELL THERAPY MARKET: OTHER DEVELOPMENTS, JANUARY 2020–OCTOBER 2023 156 
11 COMPANY PROFILES 157 
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))* 
11.1 KEY PLAYERS 157 
11.1.1 SMITH+NEPHEW 157 
TABLE 133 SMITH+NEPHEW: BUSINESS OVERVIEW 157 
FIGURE 34 SMITH+NEPHEW: COMPANY SNAPSHOT (2022) 158 
11.1.2 MEDIPOST 160 
TABLE 134 MEDIPOST: BUSINESS OVERVIEW 160 
FIGURE 35 MEDIPOST: COMPANY SNAPSHOT (2021) 160 
11.1.3 JCR PHARMACEUTICALS CO., LTD. 164 
TABLE 135 JCR PHARMACEUTICALS CO., LTD.: BUSINESS OVERVIEW 164 
FIGURE 36 JCR PHARMACEUTICALS CO., LTD: COMPANY SNAPSHOT (2022) 165 
11.1.4 TAKEDA PHARMACEUTICAL COMPANY LIMITED 167 
TABLE 136 TAKEDA PHARMACEUTICAL COMPANY LIMITED: BUSINESS OVERVIEW 167 
FIGURE 37 TAKEDA PHARMACEUTICAL COMPANY LIMITED: COMPANY SNAPSHOT (2022) 168 
11.1.5 ANTEROGEN CO., LTD. 170 
TABLE 137 ANTEROGEN CO., LTD.: BUSINESS OVERVIEW 170 
11.1.6 CORESTEM, INC. 171 
TABLE 138 CORESTEM INC.: BUSINESS OVERVIEW 171 
FIGURE 38 CORESTEM INC.: COMPANY SNAPSHOT (2021) 171 
11.1.7 PHARMICELL CO., LTD 173 
TABLE 139 PHARMICELL CO., LTD: BUSINESS OVERVIEW 173 
11.1.8 NUVASIVE, INC. 175 
TABLE 140 NUVASIVE, INC.: BUSINESS OVERVIEW 175 
FIGURE 39 NUVASIVE, INC.: COMPANY SNAPSHOT (2022) 176 
11.1.9 RTI SURGICAL 177 
TABLE 141 RTI SURGICAL: BUSINESS OVERVIEW 177 
11.1.10 ALLOSOURCE 178 
TABLE 142 ALLOSOURCE: BUSINESS OVERVIEW 178 
11.1.11 HOLOSTEM TERAPIE AVANZATE SRL 179 
TABLE 143 HOLOSTEM TERAPIE AVANZATE SRL: BUSINESS OVERVIEW 179 
11.1.12 ORTHOFIX MEDICAL INC. 180 
TABLE 144 ORTHOFIX MEDICAL INC.: BUSINESS OVERVIEW 180 
FIGURE 40 ORTHOFIX MEDICAL INC.: COMPANY SNAPSHOT (2022) 181 
11.1.13 STEMPEUTICS RESEARCH PVT LTD. 182 
TABLE 145 STEMPEUTICS RESEARCH PVT LTD.: BUSINESS OVERVIEW 182 
11.1.14 REGROW BIOSCIENCES PVT LTD. 184 
TABLE 146 REGROW BIOSCIENCES PVT LTD.: BUSINESS OVERVIEW 184 
11.2 OTHER PLAYERS 185 
11.2.1 ATHERSYS, INC. 185 
TABLE 147 ATHERSYS, INC.: BUSINESS OVERVIEW 185 
11.2.2 MESOBLAST LTD. 186 
TABLE 148 MESOBLAST LTD.: BUSINESS OVERVIEW 186 
11.2.3 BIORESTORATIVE THERAPIES, INC. 188 
TABLE 149 BIORESTORATIVE THERAPIES, INC.: BUSINESS OVERVIEW 188 
11.2.4 PLURISTEM THERAPEUTICS INC. 189 
TABLE 150 PLURISTEM THERAPEUTICS INC.: BUSINESS OVERVIEW 189 
11.2.5 BRAINSTORM CELL LIMITED 190 
TABLE 151 BRAINSTORM CELL LIMITED: BUSINESS OVERVIEW 190 
11.2.6 GAMIDA CELL 191 
TABLE 152 GAMIDA CELL: BUSINESS OVERVIEW 191 
11.2.7 VIACYTE, INC. 192 
TABLE 153 VIACYTE, INC.: BUSINESS OVERVIEW 192 
11.2.8 KANGSTEM BIOTECH CO., LTD. 193 
TABLE 154 KANGSTEM BIOTECH CO., LTD.: BUSINESS OVERVIEW 193 
11.2.9 HOPE BIOSCIENCES 194 
TABLE 155 HOPE BIOSCIENCES: BUSINESS OVERVIEW 194 
11.2.10 CELLULAR BIOMEDICINE GROUP 195 
TABLE 156 CELLULAR BIOMEDICINE GROUP: BUSINESS OVERVIEW 195 
11.2.11 PERSONALIZED STEM CELLS 196 
TABLE 157 PERSONALIZED STEM CELLS: BUSINESS OVERVIEW 196 
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies. 
12 APPENDIX 197 
12.1 DISCUSSION GUIDE 197 
12.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 200 
12.3 CUSTOMIZATION OPTIONS 201 
12.4 RELATED REPORTS 202 
12.5 AUTHOR DETAILS 203 
 |