Market revenue in 2024 | USD 711.8 million |
Market revenue in 2030 | USD 1,324.4 million |
Growth rate | 10.9% (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 83.9% in 2024. Horizon Databook has segmented the Middle East & Africa 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 adoption of an intermediate national policy by Middle Eastern countries such as Turkey and Iran allow the use of existing stem cell line for research purposes. The existence of social, ethical, and legal barriers to the use of stem cells for research purposes has limited the growth of the markets in this region. In addition, the lack of funds, technologies, and skilled personnel for research purposes is restricting market growth in the Middle Eastern and African regions.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa stem cells market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa stem cells market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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