Stem Cell Market Booming in the US
Noida, UP -- (SBWire) -- 02/17/2011 -- The market for stem cells is constantly evolving, with researches going on to exploit the true potential of the market worldwide.
Stem cell has emerged as an important market in the US, which continues to witness massive investments in this research arena. The US has seen some major achievements in the treatment of diseases using stem cell technologies. Due to these achievements and several other factors, the stem cell market in the US is expected to register a CAGR growth of around 69% in a short period spanning from 2010 to 2012, says our new research report, “US Stem Cell Market Analysis”.
We have found that the prevalence of severe diseases with the non-availability of satisfactory treatments has driven the growth in the market. Rising usage of stem cells in the development of drugs and increased funding by the government in R&D is expected to give a further boost to the market. We have discussed all the factors that are driving growth in the US stem cell market in our research report.
Our study also reveals that the market is expected to register significant growth in its technology areas. As the country very soon became sensitized towards the need for stem cell storage, it has a bigger market for therapeutics banking. At the technological front, our report studies the stem cells market as therapeutic banking and cellular therapeutics. Besides, other emerging trends, like cording blood-banking market, have been analyzed extensively in the report.
“US Stem Cell Market Analysis” provides quantitative as well as qualitative description of the US stem cell industry, including market forecasts based on past drivers, challenges, and opportunities for expansion. The report also provides information about the key players along with their business information as well as their strength and weakness analysis. Overall, the report is aimed at offering clients a strategic insight into the concerned industry, so that they can better check out the opportunities, which they can leverage to become the market leader. The report will help clients to understand the market dynamics and get an insight of the current and the future outlook of stem cells market in the US.
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