UK Stem Cells Market Size & Outlook, 2023-2030
UK stem cells market, 2018-2030 (US$M)
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UK stem cells market highlights
- The UK stem cells market generated a revenue of USD 498.4 million in 2023 and is expected to reach USD 1,261.7 million by 2030.
- The UK market is expected to grow at a CAGR of 14.2% 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.
Stem cells market data book summary
| Market revenue in 2023 | USD 498.4 million |
| Market revenue in 2030 | USD 1,261.7 million |
| Growth rate | 14.2% (CAGR from 2023 to 2030) |
| Largest segment | Adult stem cells |
| Fastest growing segment | Induced Pluripotent Stem Cells |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, UK accounted for 3.4% of the global stem cells market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany stem cells market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 1,261.7 million by 2030.
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Stem Cells Market Scope
Stem Cells Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK 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 83.47% in 2023. Horizon Databook has segmented the UK 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 UK stem cell bank was established in 2003 for providing stem cells for research and clinical applications. Research pertaining to SCs and human embryos is controlled by the Human Fertilization and Embryology Authority (HFEA).
Under the guidelines provided by the organization, the UK has advanced in stem cell research and innovated technology platforms for clinical and health applications. iHuman is one such platform that provides the development of SCs for human health safety evaluation and application in regenerative medication.
The presence of organizations such as UK Stem Cell Bank (UKSCB), the Steering Committee for the Use of Stem Cell Lines, the Stem Cell Oversight Committee (SCOC), and the Human Fertilization and Embryology Authority (HFEA) in the UK that provides guidelines and funding for stem cell research is expected to continue contributing to the market growth in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK stem cells market , including forecasts for subscribers. This country databook contains high-level insights into UK stem cells market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK stem cells market size, by product, 2018-2030 (US$M)
UK Stem Cells Market Outlook Share, 2023 & 2030 (US$M)
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