Market revenue in 2023 | USD 462.6 million |
Market revenue in 2030 | USD 835.1 million |
Growth rate | 8.8% (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 |
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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 90.42% in 2023. Horizon Databook has segmented the U.S. human embryonic stem cells market based on regenerative medicine, drug discovery & development covering the revenue growth of each sub-segment from 2018 to 2030.
Presence of funding from government organizations significantly contributes to market growth in the U.S. This funding was provided to undertake over 250 projects based on cell lines that were created from leftover embryos from in-vitro fertilization procedures that were donated for research purpose.
However, in May 2017, the NIH has announced to limit the grant money that an individual scientist can receive, thereby making grants available to other aspiring researchers. Stanford Medicine is engaged in the development of stem cell therapies for bone marrow transplant and ophthalmology.
Moreover, cancer immunotherapy experts are engaged in endeavors for the development of cancer treatments that outsmart the current treatments. Further, the National Academy of Sciences had recommended the guidelines for hESC research in 2005 to encourage responsible practices by privately funded projects in human embryonic stem cell research.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. human embryonic stem cells market , including forecasts for subscribers. This country databook contains high-level insights into U.S. human embryonic stem cells market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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