India Stem Cells Market Size & Outlook, 2024-2030
India stem cells market, 2018-2030 (US$M)
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India stem cells market highlights
- The India stem cells market generated a revenue of USD 309.4 million in 2024 and is expected to reach USD 782.2 million by 2030.
- The India market is expected to grow at a CAGR of 16.7% from 2025 to 2030.
- In terms of segment, adult stem cells was the largest revenue generating product in 2024.
- 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 2024 | USD 309.4 million |
| Market revenue in 2030 | USD 782.2 million |
| Growth rate | 16.7% (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 |
Other key industry trends
- In terms of revenue, India accounted for 1.9% of the global stem cells market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China stem cells market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,551.7 million by 2030.
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Stem Cells Market Scope
Stem Cells Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 83.81% in 2024. Horizon Databook has segmented the India 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.
India is anticipated to witness healthy growth in the adoption and development of mesenchymal stem cell therapies, owing to changing market demands in the country. With the need for regulatory processes and rigorous clinical trials for the development of effective and safe stem cell therapies, the Indian Council of Medical Research (ICMR) updated its guidelines on stem cell research in 2017.
This is expected to increase the adoption and performance of clinical trials based on mesenchymal stem cells in the country by accelerating innovation and research in this arena. In January 2021, the Indian Council of Medical Research published guidelines for hematopoietic cell transplantation.
The purpose of the guideline is to build strong foundation for physicians on the policies and protocols of hematopoietic cell transplantation. It also includes guidelines for processing, handling, and preserving stem cells and follow-up of patients after the transplantation.
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Our clientele includes a mix of stem cells market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the India stem cells market , including forecasts for subscribers. This country databook contains high-level insights into India stem cells market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India stem cells market size, by product, 2018-2030 (US$M)
India Stem Cells Market Outlook Share, 2024 & 2030 (US$M)
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