Share on

Asia Pacific Stem Cell Assay Market Research Report - Segmented By Assay Type, Kits, Application , End User & Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore & Rest of APAC) - Industry Analysis on Size, Share, Trends, Forecast, Growth | 2022 to 2027

Published: January, 2022
ID: 3534
Pages: 137
Formats: report pdf report excel report power bi report ppt

Asia Pacific Stem Cell Assay Market Size & Growth (2022 to 2027):

As Per the Report, the Size of the Asia-Pacific Stem Cell Assay Market was valued at USD 155.41 Million in 2022 and is expected to grow at a CAGR of 24.2%, to reach USD 459.29 Million by 2027 during the forecast period 2022 to 2027.

The Asia Pacific stem cell assay market has seen tremendous growth due to increased expenditure in research & development of novel therapies due to the rising incidence of chronic diseases. As the healthcare sector and governments in the region expand their research spending, the market will likely grow into a multibillion-dollar business in the next several years.

The growing popularity of stem cell therapies has aided the market's expansion. The market has been driven by rising healthcare spending and financing in stem cell research by some governments and private entities. During the forecast period, the evolution of innovative medicines, technological advancements in instruments, clinical trial approvals for stem cell-based therapy, increased stem cell research activities, and minimal regulatory frameworks in growing regions are expected to give opportunities for market expansion.

Because of the increased usage of stem cell assay and new technologies, demand for APAC stem cell assay is rising. In addition, the market is growing due to the rising demand for drug testing and increased research by governmental and private research institutes. During the forecast period, the growing biotechnology industry and the increasing burden of diseases like cancer, diabetes, and others are expected to be the primary drivers of market expansion. The rising prevalence of conditions and the promise of stem cell therapy in treating these diseases will propel the Stem Cell Assay Market forward.

Some of the constraints restricting the stem cell assay market include a lack of essential infrastructure in the Asia Pacific and high product costs. In addition, the lack of experienced professionals for analyzing stem cells, the high price of tools and stem cell-based therapies, and strict intellectual property rights all hinder the market's expansion.

This research report on the Asia Pacific Stem Cell Assay Market has been segmented and sub-segmented into the following categories.

By Assay Type:

  • Cell Viability & Toxicity Assays
  • Purification Assays
  • Differentiation assays
  • Function assays
  • Identification assays
  • proliferation assays
  • cell apoptosis assays

By Kits:

  • Adult stem cell kits
  • Human embryonic stem cell kits

By Application:

  • Regenerative Medicine
  • Therapy development
  • Drug discovery and development
  • clinical research

By End User:

  • Research institutes
  • Industry research

By Country:

  • India
  • China
  • Japan
  • South Korea
  • Australia
  • New Zealand
  • Thailand
  • Malaysia
  • Vietnam
  • Philippines
  • Indonesia
  • Singapore
  • Rest of APAC

Geographically, the Asia Pacific region is the fastest expanding market globally due to increased awareness and rising healthcare expenditures over the forecast period. India stem cell assay market and China stem cell assay market have a growing biotechnology sector in growing economies, which drives the market growth. In addition, as the population ages, chronic illnesses such as cancer, cardiovascular disease, and others become more prevalent.

As a result, the Asia-Pacific stem cell assay market is expected to grow healthy. In addition, increased government and private sector funding are expanding the market in this region. Pharmaceutical businesses, university and research institutes, government healthcare institutions, contract research organizations (CROs), and other organizations use stem cell assays.

Chronic diseases, higher investment in research-related activities, and technical improvements in the pharmaceutical and biotech industries are expected to boost the market's expansion. In addition, the favorable regulatory standards in the region, expanding awareness regarding stem cell assays, the presence of a significant number of market players, and increasing government funding in the sector may all be linked to the region's large share and growth.

KEY MARKET PLAYERS

Top Companies dominating the Asia Pacific Stem Cell Assay Market Profiled in the Report are Thermo Fisher Scientific Inc., Bio-Techne Corporation, Stem cell Technologies Inc., Merck KGaA, Promega Corporation, GE Healthcare, Bio-Rad Laboratories, Inc., Cellular Dynamics International Inc., Hemogenix, and Cell Biolabs Inc.,

Please wait. . . . Your request is being processed

Related Reports

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2000

Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM

Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!

REACH OUT TO US

Call us on: +1 888 702 9696 (U.S Toll Free)

Write to us: sales@marketdataforecast.com

Click for Request Sample