Stem Cell Therapy Market is set to be driven by the rising demand for Cell & Gene Therapies

Derivation of embryonic stem cells (ESCs) requires destruction of human embryos. One of the major factors that is anticipated to hamper the growth of the global stem cell therapy market is ethical concerns regarding embryonic stem cells. Another issue in the field of stem cell-based therapies is the rise in the number of clinics providing unproven stem cell-based treatments.

The Global Stem Cell Therapy Market valued at ~$200 million (2021) is set to witness healthy growth rate of 17% in the next 5 years. Favorable investment environment, increasing clinical trials for stem cell based-therapies, growing demand for induced pluripotent stem cells (iPSCs) as an alternative to embryonic stem cells (ESCs) and the rising demand for cell & gene therapies are some of the key factors driving the Global Stem Cell Therapy Market.

The raw materials of the body are stem cells. They are unspecialized cells that have ability to renew themselves through mitotic cell division and differentiate into a diverse range of specialized cell types. They are critical for the development, growth, maintenance and repair of bones, muscles, blood, brain, nerves, skin and other organs.

There are numerous sources of stem cells:

Embryonic Stem Cells: These stem cells come from embryos that are three to five days old. These are pluripotent stem cells and can be used to regenerate or repair diseased tissues and organs

Adult Stem Cells: These stem cells are found in most adult tissues (bone marrow or fat) in small numbers. As compared to embryonic stem cells, they have more limited ability to give rise to various cells of the body

Induced Pluripotent Stem Cells: Using genetic reprogramming, adult cells are transformed by scientists into stem cells that act similar to embryonic stem cells

Perinatal Stem Cells: These stem cells are found in amniotic fluid & umbilical cord blood. They have the ability to change into specialized cells

Factors Igniting Interest in Stem Cells

To Develop Understanding of How Diseases Occur: By observing how stem cells mature into cells in nerves, bones, heart muscles and other organs and tissues, researchers and healthcare professionals may better understand how diseases and conditions develop

Help in Generating Healthy Cells to Replace Diseased Cells: Stem cells possess the potential to transform into specific cells that can be used to regenerate and repair diseased or damaged tissues

To Test Safety and Effectiveness of New Drugs: Prior to using investigational drugs on people, researchers can use stem cells to test drugs for quality & safety

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