North America Stem Cells Market Size & Outlook, 2023-2030
North America stem cells market, 2018-2030 (US$M)
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North America stem cells market highlights
- The North America stem cells market generated a revenue of USD 6,404.0 million in 2023.
- The market is expected to grow at a CAGR of 9.9% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 6,404.0 million |
| Market revenue in 2030 | USD 12,395.8 million |
| Growth rate | 9.9% (CAGR from 2023 to 2030) |
| Largest segment | Adult stem cells |
| Fastest growing segment | Induced Pluripotent Stem Cells |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, North America region accounted for 43.3% of the global stem cells market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 6,901.6 million by 2030.
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Stem Cells Market Scope
Stem Cells Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America 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 83.24% in 2023. Horizon Databook has segmented the North 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.
Stem cells are considered an essential research tool in both biomedical and life sciences research. The North American stem cells market was the largest in 2021, owing to growing FDA approval for stem cell therapeutics coupled with increasing government funding.
It is a personalized treatment therapy developed using bone marrow stem cells that are genetically altered to form functional beta-globin. Unwavering public pressure to realize the full potential of stem cells for medicinal and commercial applications is further expected to propel market growth over the forecast period.
Organizations such as CellCAN Regenerative Medicine and Cell Therapy Network, the Centre for Commercialization of Regenerative Medicine (CCRM), and the Stem Cell Network (SCN) have positioned Canada market to grow in the coming years.
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Our clientele includes a mix of stem cells market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America stem cells market , including forecasts for subscribers. This continent databook contains high-level insights into North America stem cells market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America stem cells market size, by country, 2018-2030 (US$M)
North America Stem Cells Market Outlook Share, 2023 & 2030 (US$M)
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