Italy Mesenchymal Stem Cells Market Size & Outlook
Italy mesenchymal stem cells market, 2018-2030 (US$M)
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Italy mesenchymal stem cells market highlights
- The Italy mesenchymal stem cells market generated a revenue of USD 127.3 million in 2023 and is expected to reach USD 284.0 million by 2030.
- The Italy 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 127.3 million |
| Market revenue in 2030 | USD 284.0 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, Italy accounted for 4.1% 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 Europe, Germany mesenchymal 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 325.9 million by 2030.
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Mesenchymal Stem Cells Market Scope
Mesenchymal Stem Cells Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy 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 79.73% in 2023. Horizon Databook has segmented the Italy mesenchymal stem cells market based on product, services covering the revenue growth of each sub-segment from 2018 to 2030.
Italy has a strong connection between scientists and clinicians, possessing strong clinical capacity in early stages of clinical testing. Out of 10 gene therapy products approved in Europe, 3 have been developed in Italy.
Out of 6 commercially available gene & cell therapy products, Italy contributed to half of it. The positive outcomes of Strimvelis have resulted in increasing investments in cell & gene therapy research. This indicates the significant contribution of the country in advanced therapy products.
Moreover, in October 2020, a live webinar titled Next Generation, Comparing Reality: Public and Industrial Research On MSC, In Italy and Abroad is expected to be hosted by Italian MSC Group, GISM. Such ongoing conferences are anticipated to favor market growth in the coming decade.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Italy mesenchymal stem cells market , including forecasts for subscribers. This country databook contains high-level insights into Italy mesenchymal stem cells market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy mesenchymal stem cells market size, by product & services, 2018-2030 (US$M)
Italy Mesenchymal Stem Cells Market Outlook Share, 2023 & 2030 (US$M)
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