Market revenue in 2024 | USD 158.5 million |
Market revenue in 2030 | USD 380.5 million |
Growth rate | 15.7% (CAGR from 2024 to 2030) |
Largest segment | Adult stem cells |
Fastest growing segment | Induced Pluripotent Stem Cells |
Historical data | 2018 - 2023 |
Base year | 2024 |
Forecast period | 2025 - 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 |
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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 83.97% in 2024. Horizon Databook has segmented the Australia 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.
The Australia stem cells market is known for stringent research programs and development of new technologies for improving the manufacturing processes. For instance, in June 2022, scientists at University of Technology Sydney developed a 3D printing technique for harvesting stem cells using bioreactors.
This is expected to decrease manufacturing costs and make products available at commercial scale. This research was done in collaboration with Regeneus, which is active in designing stem cell therapies focused on treating pain and inflammation.
In addition, a new research conducted by University of Melbourne and University of Tasmania along with Garvan Institute of Medical Research mapped the genetic pathway of glaucoma. This is expected to help the scientists understand the mechanism of retinal damage and the potential to reverse it.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia stem cells market , including forecasts for subscribers. This country databook contains high-level insights into Australia stem cells market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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