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Adipose Derived Stem Cell Therapy Market Increases Steadily in Emerging Countries by 2026
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Adipose derived stem cell therapy (ADSCs) are stem cells derived from adipocytes, and can differentiate into variety of cell types. ADSCs have multipotency similar to bone marrow mesenchymal stem cells, thus ADSCs substitute for bone marrow as a source of stem cells. Numerous manual and automatic stem cell separation procedures are adopted in order to separate adipose stem cells (ASCs) from adipose tissue. Flow cytometry can also be used to isolate ADSCs from other stem cells within a cell solution.
Adipose derived stem cells are gaining appeal as a new cell source in regenerative medicine therapies as it can be differentiated into a variety of different cell lineages. These stem cells also have anti-apoptotic, anti-inflammatory, pro-angiogenic, immunomodulatory, and anti-scarring properties, which enhances its effectiveness.
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Adipose Derived Stem Cell Therapy Market Drivers
High effectiveness of adipose derived stem cell therapy in various medical and biotechnology research fields coupled with growing research and development activities by various research organizations is expected to boost the adoption of adipose-derived stem cell therapy in the market during the forecast period. Adipose derived stem cells (ADSCs) have various applications in medical and biomedical science field such as treatment of diabetes; regeneration of tissues partially in osteogenic, adipogenic, chondrogenic, and cardiovascular areas of medicine; bone regeneration; fat reconstruction; and myocardial and cardiovascular regeneration; among others.
For instance, in November 2018, a peer-reviewed case study conducted using a stem cell processed by Celltex Therapeutics Corporation, showed the improvement in disease findings following systemic administration of autologous adipose derived mesenchymal stem cells (MSCs).
Adipose Derived Stem Cell Therapy Market Regional Analysis
North America is expected to hold a dominant position in the global adipose derived stem cell therapy market and account the largest market share during the forecast period, owing to high presence of key players in the region, which are engaged in research & development activities and implementing in-organic growth strategies such as acquisition and collaboration to increase its market presence.
For instance, in December 2017, Mesoblast Limited made exclusive license agreement with TiGenix NV, through which Mesoblast granted TiGenix an exclusive access to certain of its patents to support global commercialization of Cx601, adipose derived mesenchymal stem cell product, for the local treatment of fistulae.
Adipose Derived Stem Cell Therapy Market Restraint
High cost associated with stem cell processing, need of skilled professional for managing, preserving, and scale-up of stem cell lines are the limiting factors, which are expected to restrain the growth of the adipose derived stem cell therapy market during the forecast period.
For instance, Bioinformant— a research firm engaged in stem cell research— released a data on November 2018, on cost of stem cell therapy and various key factors impacting the cost of stem cell therapy including types of stem cells used within procedure, number of treatment, and the site of the clinic. The study findings reveal the cost of stem cell therapy ranges between US$ 5,000-8,000 per patient, in some cases it may rise as much as US$ 25,000 or more depending on the complexity of the procedure.
Adipose Derived Stem Cell Therapy Market Taxonomy:
The global adipose derived stem cell therapy market is segmented on the basis of cell type, product type, application, end user, and region,. By Cell Type, Allogeneic Stem Cells, Autologous Stem Cells, By Product Type, Cell lines, Culture Media, By Application, Therapeutic Application, Research Application, By End User, Cell & Tissue Banks, Biotechnology & Pharmaceutical organizations, Research & Academic Organizations, By Region, North America, Latin America, Europe, Asia Pacific, Middle East, Africa,.
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Adipose Derived Stem Cell Therapy Market Key Players
Key players operating in the global adipose derived stem cell therapy market include BioRestorative Therapies, Inc., Celltex Therapeutics Corporation, Antria, Inc., Cytori Therapeutics Inc., Intrexon Corporation, Mesoblast Ltd., iXCells Biotechnologies, Pluristem Therapeutics, Inc., Thermo Fisher Scientific, Inc., Tissue Genesis, Inc., Cyagen US Inc., Celprogen, Inc., and Lonza Group, among others.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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