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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Europe Stem Cell Assay Market Size
The global stem cell assay market was valued at USD 6.4 billion in 2023, with Europe holding a significant market share. The market is driven by the rising technological innovations in the field of stem cell assays. It is expected to grow at a CAGR of 13.18% during the forecast period of 2024-2032, with the values likely to attain USD 19.4 billion by 2032.
Europe Stem Cell Assay Market Report Snapshots
Europe Stem Cell Assay Market Size
Europe Stem Cell Assay Market Analysis
Europe Stem Cell Assay Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The Europe stem cell assay market is expected to be driven by the rising demand for the global stem cell assay market, which is anticipated to grow at a CAGR of 13.18% during the forecast period of 2024-2032 and is likely to reach a market value of USD 19.4 billion by 2032.
The rising application of stem cell assays in cancer research and regenerative medicine to find potential treatments for various chronic conditions is fuelling the demand for the market.
One of the significant trends in the market is the increased stem cell-based research activities which are likely to augment the demand for various types of stem cell assays. For instance, in June 2023, the University of Cambridge launched a project involving stem cell-based human embryo models in the United Kingdom.
The market breakup by cell type includes adult stem cells, human embryonic stem cells, and pluripotent.
By type, the market is divided into viability/cytotoxicity assays, isolation and purification assays, cell identification assays, proliferation assays, differentiation assays, function assays, and apoptosis assays, among others.
Based on the product and services, the market is segmented into flow cytometers, cell imaging and analysis systems, microelectrode arrays, automated cell counters, and kits.
Treatments available in the market include allogeneic stem cell therapy, autologous stem cell therapy, and syngeneic stem cell therapy.
Major applications include regenerative medicine and therapy development, drug discovery and development, as well as clinical research, among others.
End users of the market are biopharmaceutical and biotechnology companies, along with academic and research institutes, among others.
The market segmentation by countries includes the United Kingdom, Germany, France, and Italy, among others.
The key players in the market are Thermo Fisher Scientific, PerkinElmer, Stemcell Technologies, Merck, Bio-Rad Laboratories, Agilent Technologies, Promega, Bio-Techne, and Cell Biolabs.
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