Argentina Mesenchymal Stem Cells Market Size & Outlook
Argentina mesenchymal stem cells market, 2018-2030 (US$M)
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Argentina mesenchymal stem cells market highlights
- The Argentina mesenchymal stem cells market generated a revenue of USD 10.6 million in 2023 and is expected to reach USD 23.6 million by 2030.
- The Argentina market is expected to grow at a CAGR of 12.2% from 2024 to 2030.
- In terms of segment, product was the largest revenue generating product & services in 2023.
- Services is the most lucrative product & services segment registering the fastest growth during the forecast period.
Mesenchymal stem cells market data book summary
| Market revenue in 2023 | USD 10.6 million |
| Market revenue in 2030 | USD 23.6 million |
| Growth rate | 12.2% (CAGR from 2023 to 2030) |
| Largest segment | Product |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Product, Services |
| Key market players worldwide | Thermo Fisher Scientific Inc, STEMCELL Technologies, Merck KGaA, Lonza Group Ltd, PromoCell GmbH, Cyagen Biosciences, Stemedica Cell Technologies, Axol Bioscience, Celprogen, Cellcolabs, Visual Photonics Epitaxy |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.3% of the global mesenchymal stem cells market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil mesenchymal stem cells market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 30.2 million by 2030.
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Mesenchymal Stem Cells Market Scope
Mesenchymal Stem Cells Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Argentina mesenchymal 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 mesenchymal stem cells market will help companies and investors design strategic landscapes.
Product was the largest segment with a revenue share of 80.19% in 2023. Horizon Databook has segmented the Argentina mesenchymal stem cells market based on product, services covering the revenue growth of each sub-segment from 2018 to 2030.
Stem cell therapy usage in Argentina has been growing over the past few years, and the trend is expected to continue.
According to a nationwide study done by The National Central Single Coordinating Institute for Ablation & Implantation and Group for Bone Marrow Transplantation & Cell Therapy, 8,474 hematopoietic stem cell transplants were performed between 2009 and 2018, wherein a majority of these transplants were done for treating multiple myeloma.
Argentina is a developing market for stem cell therapies, and hence regional expansion of facilities is a key trend witnessed in the country. In January 2022, Stem Cell Center opened a new facility in Córdoba, Argentina.
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Target buyers of Argentina mesenchymal stem cells market databook
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Our clientele includes a mix of mesenchymal stem cells market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina mesenchymal stem cells market , including forecasts for subscribers. This country databook contains high-level insights into Argentina mesenchymal stem cells market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina mesenchymal stem cells market size, by product & services, 2018-2030 (US$M)
Argentina Mesenchymal Stem Cells Market Outlook Share, 2023 & 2030 (US$M)
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