Sweden Mesenchymal Stem Cells Market Size & Outlook
Sweden mesenchymal stem cells market, 2018-2030 (US$M)
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Sweden mesenchymal stem cells market highlights
- The Sweden mesenchymal stem cells market generated a revenue of USD 18.9 million in 2023 and is expected to reach USD 41.3 million by 2030.
- The Sweden market is expected to grow at a CAGR of 11.8% 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 18.9 million |
| Market revenue in 2030 | USD 41.3 million |
| Growth rate | 11.8% (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, Sweden accounted for 0.6% 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 |
|---|
Sweden 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 79.89% in 2023. Horizon Databook has segmented the Sweden mesenchymal stem cells market based on product, services covering the revenue growth of each sub-segment from 2018 to 2030.
Some of the key players in the Sweden market are Merck KGaA, Thermo Fisher Scientific, and others. The country is expected to witness significant growth in the MSCs market due to the growing biopharmaceutical industry, advanced infrastructure, and supportive government initiatives.
Sweden has a strong R&D focus on scientific innovation and is home to leading academic institutions & research organizations.
For instance, in November 2023, Sana Biotechnology and Uppsala University Hospital in Sweden disclosed the approval of the Clinical Trial Application (CTA) to investigate a primary islet cell treatment for individuals diagnosed with Type 1 Diabetes (T1D).
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Target buyers of Sweden 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 Sweden mesenchymal stem cells market , including forecasts for subscribers. This country databook contains high-level insights into Sweden mesenchymal stem cells market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Sweden mesenchymal stem cells market size, by product & services, 2018-2030 (US$M)
Sweden Mesenchymal Stem Cells Market Outlook Share, 2023 & 2030 (US$M)
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