Argentina Stem Cells Market Size & Outlook, 2023-2030
Argentina stem cells market, 2018-2030 (US$M)
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Argentina stem cells market highlights
- The Argentina stem cells market generated a revenue of USD 133.7 million in 2023 and is expected to reach USD 289.9 million by 2030.
- The Argentina market is expected to grow at a CAGR of 11.7% from 2024 to 2030.
- In terms of segment, adult stem cells was the largest revenue generating product in 2023.
- Induced Pluripotent Stem Cells is the most lucrative product segment registering the fastest growth during the forecast period.
Stem cells market data book summary
| Market revenue in 2023 | USD 133.7 million |
| Market revenue in 2030 | USD 289.9 million |
| Growth rate | 11.7% (CAGR from 2023 to 2030) |
| Largest segment | Adult stem cells |
| Fastest growing segment | Induced Pluripotent Stem Cells |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Adult Stem Cells, Human Embryonic Stem Cells, Induced Pluripotent Stem Cells, Very Small Embryonic Like Stem Cells |
| Key market players worldwide | Thermo Fisher Scientific Inc, STEMCELL Technologies, CellGenix, PromoCell GmbH, Takara Bio Inc, Lonza Group Ltd, ATCC, Bio-Techne Corp |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.9% of the global 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 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 369.8 million by 2030.
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Stem Cells Market Scope
Stem Cells Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina 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 stem cells market will help companies and investors design strategic landscapes.
Adult stem cells was the largest segment with a revenue share of 83.32% in 2023. Horizon Databook has segmented the Argentina stem cells market based on adult stem cells, human embryonic stem cells, induced pluripotent stem cells, very small embryonic like stem cells 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 and Implantation and Group for Bone Marrow Transplantation and Cell Therapy.
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. With the aim to expand regenerative medicines in the country, this initiative is expected to boost market growth over the coming years.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina stem cells market , including forecasts for subscribers. This country databook contains high-level insights into Argentina stem cells market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina stem cells market size, by product, 2018-2030 (US$M)
Argentina Stem Cells Market Outlook Share, 2023 & 2030 (US$M)
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