UK Mesenchymal Stem Cells Market Size & Outlook, 2023-2030
UK mesenchymal stem cells market, 2018-2030 (US$M)
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UK mesenchymal stem cells market highlights
- The UK mesenchymal stem cells market generated a revenue of USD 111.2 million in 2023 and is expected to reach USD 325.9 million by 2030.
- The UK market is expected to grow at a CAGR of 16.6% 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 111.2 million |
| Market revenue in 2030 | USD 325.9 million |
| Growth rate | 16.6% (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, UK accounted for 3.6% 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 |
|---|
UK 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 79.68% in 2023. Horizon Databook has segmented the UK mesenchymal stem cells market based on product, services covering the revenue growth of each sub-segment from 2018 to 2030.
The presence of several companies operating in the MSC market is one of the key factors driving market growth in the UK. Axol Biosciences Ltd; Cells4life; and STEMCELL Technologies are some of the major companies operating in the country.
These companies are expected to boost their revenue by increasing product availability, which is expected to improve the adoption of MSCs. Furthermore, leading private players are entering the stem cell market through strategic initiatives, such as mergers & acquisitions.
For instance, in September 2021, FamiCord group, one of the key European players in the umbilical cord blood banking market, announced to invest in a stem cell bank by Smart Cells Holdings Limited, UK. The company acquired around 84.2% of its Smart Cells Holdings Limited shares.
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Target buyers of UK 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 UK mesenchymal stem cells market , including forecasts for subscribers. This country databook contains high-level insights into UK mesenchymal stem cells market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK mesenchymal stem cells market size, by product & services, 2018-2030 (US$M)
UK Mesenchymal Stem Cells Market Outlook Share, 2023 & 2030 (US$M)
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