Canada Cell Reprogramming Market Size & Outlook, 2023-2030

The cell reprogramming market in Canada is expected to reach a projected revenue of US$ 24.5 million by 2030. A compound annual growth rate of 10.4% is expected of Canada cell reprogramming market from 2024 to 2030.
Revenue, 2023 (US$M)
$12.2
Forecast, 2030 (US$M)
$24.5
CAGR, 2024 - 2030
10.5%
Report Coverage
Canada

Canada cell reprogramming market highlights

  • The Canada cell reprogramming market generated a revenue of USD 12.2 million in 2023 and is expected to reach USD 24.5 million by 2030.
  • The Canada market is expected to grow at a CAGR of 10.4% from 2024 to 2030.
  • In terms of segment, mrna reprogramming was the largest revenue generating technology in 2023.
  • MRNA Reprogramming is the most lucrative technology segment registering the fastest growth during the forecast period.


Cell reprogramming market data book summary

Market revenue in 2023USD 12.2 million
Market revenue in 2030USD 24.5 million
Growth rate10.4% (CAGR from 2023 to 2030)
Largest segmentMrna reprogramming
Fastest growing segmentMRNA Reprogramming
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSendai Virus-based Reprogramming, MRNA Reprogramming, Episomal Reprogramming
Key market players worldwideThermo Fisher Scientific Inc, Merck KGaA, Bio-Techne Corp, ReproCELL, Lonza Group Ltd, FUJIFILM Holdings Corp, Astellas Pharma Inc, Allele Biotech, Alstem, STEMCELL Technologies


Other key industry trends

  • In terms of revenue, Canada accounted for 3.3% of the global cell reprogramming market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. cell reprogramming market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 24.5 million by 2030.

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Cell Reprogramming Market Companies

Name Profile # Employees HQ Website

Canada cell reprogramming market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cell reprogramming market will help companies and investors design strategic landscapes.


Mrna reprogramming was the largest segment with a revenue share of 33.61% in 2023. Horizon Databook has segmented the Canada cell reprogramming market based on sendai virus-based reprogramming, mrna reprogramming, episomal reprogramming covering the revenue growth of each sub-segment from 2018 to 2030.


The cell reprogramming market in Canada is expected to exhibit significant growth over the forecast period due to the ongoing expansion of manufacturing facilities by key players in the market. The presence of local players, such as STEMCELL Technologies, Aspect Biosystems, and Blue Rock Therapeutics, is a key factor boosting the market in Canada.

For instance, in November 2021, Aspect Biosystems, a Canada-based biotechnology company, entered into an agreement with the University Health Network (UHN). This collaboration aimed to integrate Aspect Biosystems' advanced bioprinting technology with UHN's stem cell differentiation protocols.

The primary objective was to advance the development of bioprinted cell therapies targeting various genetic and acquired liver diseases. The agreement also allowed Aspect Biosystems to commercialize the technology and methodologies associated with differentiating stem cells into hepatocytes.

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Horizon Databook provides a detailed overview of country-level data and insights on the Canada cell reprogramming market , including forecasts for subscribers. This country databook contains high-level insights into Canada cell reprogramming market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada cell reprogramming market size, by technology, 2018-2030 (US$M)

Canada Cell Reprogramming Market Outlook Share, 2023 & 2030 (US$M)

Canada cell reprogramming market size, by technology, 2018-2030 (US$M)

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