Canada Mesenchymal Stem Cells Market Size & Outlook
Canada mesenchymal stem cells market, 2018-2030 (US$M)
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Canada mesenchymal stem cells market highlights
- The Canada mesenchymal stem cells market generated a revenue of USD 79.7 million in 2023 and is expected to reach USD 230.1 million by 2030.
- The Canada market is expected to grow at a CAGR of 16.4% 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 79.7 million |
| Market revenue in 2030 | USD 230.1 million |
| Growth rate | 16.4% (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, Canada accounted for 2.5% 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 North America, U.S. mesenchymal stem cells 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 230.1 million by 2030.
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Mesenchymal Stem Cells Market Scope
Mesenchymal Stem Cells Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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 79.55% in 2023. Horizon Databook has segmented the Canada mesenchymal stem cells market based on product, services covering the revenue growth of each sub-segment from 2018 to 2030.
The MSCs market in Canada is expected to grow due to the presence of major companies in the biotechnology sector. Some of the key players are RepliCel Life Sciences, Inc.; Stem Cell Therapeutics Corp; and Mesoblast Ltd.
These companies are developing innovative therapies and treatments using MSCs for various medical conditions, such as osteoarthritis, multiple sclerosis, and cardiovascular diseases.
In addition to these companies, various research institutions and universities are actively researching MSCs and their potential applications. Furthermore, the increasing number of funding programs to support MSC research is a major factor in fueling market growth in Canada.
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Target buyers of Canada 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada mesenchymal stem cells market , including forecasts for subscribers. This country databook contains high-level insights into Canada mesenchymal stem cells market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada mesenchymal stem cells market size, by product & services, 2018-2030 (US$M)
Canada Mesenchymal Stem Cells Market Outlook Share, 2023 & 2030 (US$M)
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