Market revenue in 2024 | USD 923.5 million |
Market revenue in 2030 | USD 1,779.1 million |
Growth rate | 11.5% (CAGR from 2024 to 2030) |
Largest segment | Adult stem cells |
Fastest growing segment | Induced Pluripotent Stem Cells |
Historical data covered | 2018 - 2023 |
Base year for estimation | 2024 |
Forecast period covered | 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 83.7% in 2024. Horizon Databook has segmented the Latin America 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 stem cells market in Latin America is expected to grow at a significant rate during the forecast period owing to the rise in the adoption of cell therapies by scientists and physicians. The ongoing stem cell research activities in countries such as Brazil, Uruguay, Chile, and Argentina are expected to drive market growth in this region.
Changes in regulatory policies restrict the growth of the human stem cell market. Market growth is limited to developing countries such as Brazil that have taken a step forward to conduct research in this field but restricted the use and application for therapeutic purposes. A stem cell has been defined as a priority research area in several Latin American countries.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America stem cells market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America stem cells market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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