Autologous stem cell and non-stem cell based therapy market is growing significantly due to high incidences of cancer and cardiovascular diseases, and presence of large number of patients requiring transplantation.
The lack of service providers in the autologous stem cell market, and the massive unexplored autologous stem cell and non-stem cell based therapy market in the emerging economies, are creating ample growth opportunities for the global autologous stem cell and non-stem cell based therapy market. The advanced research and development activities and new product developments by the major players are supporting the demand for cost effective and efficient autologous stem cell and non-stem cell based therapy platforms.
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Geographically, North America leads the global autologous stem cell and non-stem cell based therapy market, due to technological advancements, increased research and development activities, very few risk associated with autologous cellular therapies, high healthcare expenditure, and high incidences of chronic diseases. Asia-Pacific is the fastest growing region in the global autologous stem cell and non-stem cell based therapy market. The major reasons for the fastest growth in the region are increasing healthcare expenditure, increasing autologous stem cell and non-stem cell based therapy related research activities, improving healthcare infrastructure. Moreover, the autologous stem cell and non-stem cell based therapy market is growing rapidly, due its capability of treating a range of diseases such as autoimmune, cancer, and cardiovascular, in the emerging economies such as India and China.
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Some of the major players operating in the global autologous stem cell and non-stem cell based therapy market are Fibrocell Science Inc., BrainStorm Cell Therapeutics Inc., Vericel Corporation, Dendreon Corporation, Lion Biotechnologies, Genzyme Corporation, Regeneus Ltd., Caladri
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