UK Human Embryonic Stem Cells Market Size & Outlook
UK human embryonic stem cells market, 2018-2030 (US$M)
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UK human embryonic stem cells market highlights
- The UK human embryonic stem cells market generated a revenue of USD 48.1 million in 2023 and is expected to reach USD 115.5 million by 2030.
- The UK market is expected to grow at a CAGR of 13.3% from 2024 to 2030.
- In terms of segment, regenerative medicine was the largest revenue generating application in 2023.
- Drug Discovery & Development is the most lucrative application segment registering the fastest growth during the forecast period.
Human embryonic stem cells market data book summary
| Market revenue in 2023 | USD 48.1 million |
| Market revenue in 2030 | USD 115.5 million |
| Growth rate | 13.3% (CAGR from 2023 to 2030) |
| Largest segment | Regenerative medicine |
| Fastest growing segment | Drug Discovery & Development |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Regenerative Medicine, Drug Discovery & Development |
| Key market players worldwide | Thermo Fisher Scientific Inc, Sartorius Stedim Biotech SA, Element Solutions Inc, PromoCell GmbH, Lonza Group Ltd, LifeCell International, Gilead Sciences Inc, International Stem Cell Corp |
Other key industry trends
- In terms of revenue, UK accounted for 3.4% of the global human embryonic stem cells market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany human embryonic stem cells market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 115.5 million by 2030.
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Human Embryonic Stem Cells Market Scope
Human Embryonic Stem Cells Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK human embryonic stem cells 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 human embryonic stem cells market will help companies and investors design strategic landscapes.
Regenerative medicine was the largest segment with a revenue share of 90.44% in 2023. Horizon Databook has segmented the UK human embryonic stem cells market based on regenerative medicine, drug discovery & development covering the revenue growth of each sub-segment from 2018 to 2030.
UK stem cell bank was established 2003 for sharing and use of hESC for research and clinical applications. Research pertaining to hESCs and human embryos is controlled by the Human Fertilisation and Embryology Authority (HFEA).
Under the guidelines provided by the organisation, UK has advanced in stem cell research and innovated technology platform for clinical and heath application. iHuman, one such platform provides development of hESC for human health safety evaluation and application in regenerative medication.
Presence of organisations such as UK Stem Cell Bank (UKSCB), the Steering Committee for the Use of Stem Cell Lines, Stem Cell Oversight Committee (SCOC), and the Human Fertilisation and Embryology Authority (HFEA) in UK that provide guidelines and funding for stem cell research is expected to continue marking significant contributions to market growth in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK human embryonic stem cells market , including forecasts for subscribers. This country databook contains high-level insights into UK human embryonic stem cells market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK human embryonic stem cells market size, by application, 2018-2030 (US$M)
UK Human Embryonic Stem Cells Market Outlook Share, 2023 & 2030 (US$M)
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