Report ID: UCMIG35H2114
Report ID:
UCMIG35H2114 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
In 2016, the global cancer stem cells market size was valued at USD 679.5 million, and it is predicted to grow at a CAGR of 9.98% during the forecast period. The field of oncology therapeutics has undergone a significant transformation with conventional treatments such as radiotherapy, chemotherapy, and surgeries on one hand and stem cell therapies on the other. In recent years, stem cells have been successfully employed in immuno-reconstitution and blood replenishment after tumor development or treatment. Healthcare organizations have also shown a keen interest in these cells for their potential as delivery tools for anti-cancer agents and tissue regeneration. Many entities have reported positive results using this method of tumor treatment.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Biotechnology by segment aggregation, the contribution of the Biotechnology in Pharmaceuticals, Biotechnology & Life Sciences and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG35H2114