Thailand Cell Reprogramming Market Size & Outlook
Thailand cell reprogramming market, 2018-2030 (US$M)
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Thailand cell reprogramming market highlights
- The Thailand cell reprogramming market generated a revenue of USD 2.1 million in 2023 and is expected to reach USD 3.5 million by 2030.
- The Thailand market is expected to grow at a CAGR of 7.4% 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 2023 | USD 2.1 million |
| Market revenue in 2030 | USD 3.5 million |
| Growth rate | 7.4% (CAGR from 2023 to 2030) |
| Largest segment | Mrna reprogramming |
| Fastest growing segment | MRNA Reprogramming |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sendai Virus-based Reprogramming, MRNA Reprogramming, Episomal Reprogramming |
| Key market players worldwide | Thermo 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, Thailand accounted for 0.6% 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 Asia Pacific, China cell reprogramming market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 39.3 million by 2030.
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Cell Reprogramming Market Scope
Cell Reprogramming Market Companies
| Name | Profile | # Employees | HQ | Website |
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Thailand 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 33.33% in 2023. Horizon Databook has segmented the Thailand 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 prevalence of neurodegenerative diseases in Thailand is a key driver of cell reprogramming market. With an increase in the incidence of conditions such as neurologic diseases, there is a growing demand for innovative and effective treatments.
For instance, according to the UN, by 2050, Thailand is expected to witness a substantial demographic shift, with the elderly population projected to reach 20 million, constituting approximately 35.8% of the total population. This demographic transformation is expected to contribute to a substantial rise in dementia cases, aligning with the broader trend of an aging population.
Cell reprogramming offers a potential solution by harnessing the regenerative capabilities of iPSCs, which can be directed to differentiate into specific neural cell types, providing a customized approach for disease modeling, drug discovery, and potential cell replacement therapies.
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Horizon Databook provides a detailed overview of country-level data and insights on the Thailand cell reprogramming market , including forecasts for subscribers. This country databook contains high-level insights into Thailand cell reprogramming market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand cell reprogramming market size, by technology, 2018-2030 (US$M)
Thailand Cell Reprogramming Market Outlook Share, 2023 & 2030 (US$M)
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