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What are the Latest Advancements in the Competitive Landscape of the Stem Cells Industry?

Stem Cells Industry Data Book - Human Embryonic Stem Cells, Induced Pluripotent Stem Cells Production, Mesenchymal Stem Cells and Cancer Stem Cells Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030

The global Stem Cells Industry is expanding at a significant CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc.

Grand View Research’s Stem Cells Industry databook is a collection of market sizing & forecasts insights, market dynamics & trends, opportunity assessment, regulatory & technology framework, pricing intelligence, competitive benchmarking analyses, and macro-environmental analysis studies. Within the purview of the databook, such information is systematically analyzed and provided in the form of summary presentations and detailed outlook reports on individual areas of research. The following data points will be included in the final product offering in five reports and one sector report overview.

Access the Global Stem Cells Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies

Mesenchymal Stem Cell Market Growth & Trends

The global mesenchymal stem cells market size is expected to reach USD 7.21 billion by 2030. The market is expected to reach at a CAGR of 11.4% from 2023 to 2030. An exponential increase in Mesenchymal Stem Cell (MSC) based research and its implications in the field of regenerative medicine is anticipated to fuel the industry expansion. Moreover, the constantly evolving landscape of cell therapies is also anticipated to propel investments in the mesenchymal stem cells market space; large-scale operational firms are targeting small or emerging players with an operating strategy of acquisition to bolster their market presence.

The strong pipeline of mesenchymal stem cell-based products coupled with emerging applications of mesenchymal stem cells is anticipated to accelerate the industry growth. For instance, in 2022, the U.S.FDA has approved around 19 stem cell therapies for range of life-threatening disorders. Some of these therapies include, BREYANZI of BMS, ALLOCORD, KYMIRAH of Novartis etc. Moreover, a substantial number of companies are exploring the potential of MSCs as therapeutic regime for the management of inflammatory conditions, in turn, boosting market growth.

Market players are focused on the expansion of their offerings through extensive R&D and the formation of alliances and partnerships with other major players to sustain their market position. Owing to the recent pandemic of COVID-19, several research and academic research institutes are making focused efforts to develop a treatment regime by using mesenchymal stem cells.

Mesenchymal Stem Cells Market Size, by Source of Isolation, 2022 - 2030 (USD Million)

Order your copy of the Free Sample of “Stem Cells Industry Data Book - Human Embryonic Stem Cells, Induced Pluripotent Stem Cells Production, Mesenchymal Stem Cells and Cancer Stem Cells Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

Cancer Stem Cells Market Growth & Trends

The global cancer stem cells market size is expected to reach USD 3.1 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 12.1% during the forecast period. Although stem cell-based cancer treatment is facing regulatory and ethical challenges, the market is growing worldwide. With increasing awareness about these cells, there is steady growth in the R&D for the development of effective and novel treatment methods based on stem cells.

Furthermore, continuous rise has been observed in the number of research studies on cancer stem cells (CSCs) being published. These studies have helped healthcare professionals gain insights into CSCs biology and their signaling pathways. This is expected to create tremendous growth prospects for the market.

Furthermore, improvements in experimental approaches, in particular, in vitro assay systems have enabled scientists to establish relationship between different cell types in a tumor and their microenvironment. This has led to development of a broad therapeutic portfolio for CSCs and their associated key pathways for restricting growth of the tumor and providing improved clinical outcome.

Go through the table of content of Stem Cells Industry Data Book to get a better understanding of the Coverage & Scope of the study

Competitive Landscape

Key players operating in the Stem Cells industry are:

  • Advanced Cell Technology Inc.
  • STEMCELL Technologies Inc.
  • Cellular Engineering Technologies Inc.
  • CellGenix GmbH
  • PromoCell GmbH

Check out more Industry Data Books, published by Grand View Research

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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Grand View Research, Inc.
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Cellulose Acetate Market to Reach 820.04 Thousand Tons By 2024

The global Cellulose Acetate Market to reach 820.04 thousand tons by 2024, driven by the increasing consumption of cigarettes in developing nations and growth in the textile industry. Cellulose acetate tow is used as a filter in the cigarette buds. Cigarette filters are used to cut down the overall tar and nicotine content during cigarette consumption.

Growing use of cellulose acetate tow in the cigarettes is anticipated to boost the market for cellulose acetate. Asia Pacific dominated the global cellulose acetate market in 2016 with the market share of 51.79% and is expected to maintain its dominance over the forecast period. The region is projected to continue its dominance due to the prevailing cigarette consumption rate in countries such as Indonesia and China. Rising awareness about the ill effects of smoking and relative growth in electronic cigarette market is projected to slow the demand for cellulose acetate tow in North America and Europe.



Cellulose acetate is used in many applications such as textile & apparel, cigarette filters, tapes and labels, photographic films, extrusion & molding. Cigarette filter is the largest application by segment accounting for around 80% of the market in 2016. Cigarette filter segment is expected to dominate the market over the forecast period owing to increasing demand for low tar filters worldwide. The textile industry uses this filament in the manufacturing of garments. The textile & apparel application segment is estimated to grow because of the strong growth of textile industry in developing nations such as China and India. Cellulose acetate is also used in making protection films which are utilized in liquid crystal displays, spectacle frames, and plastic handles. It has become popular as an eco-friendly plastic which is not harmful to skin and health. Biodegradable and renewable nature of cellulose acetate is anticipated to boost the demand over the forecast period.

Active companies in the market are adopting the strategy of merger & acquisition. For instance, in 2016, Solvay signed a definitive agreement to acquire Eastman’s stake in their joint venture – Primester – and becoming its sole owner.


Hexa Research has segmented the global cellulose acetate market based on product, application and region:

Segmentation by Product, 2014 - 2024 (USD Million)
• Cellulose Acetate Tow
• Cellulose Acetate Filament

Segmentation by Application, 2014 - 2024 (USD Million)
• Cigarette Filters
• Textile & Apparel
• Photographic Films
• Tapes & Labels
• Extrusion & Molding
• Others

Segmentation by Region, 2014 - 2024 (USD Million)
• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa

Key players analyzed:
• Daicel Corporation
• Eastman Chemical Company
• Mitsubishi Chemical Holding Corporation
• Solvay
• SK chemicals
• Rayonier Advanced Materials
• Tembec.com
• Sappi
• Borregaard
• Celanese Corporation


Phenol Market to Grow $31.73 Billion by 2025

The global Phenol Market is anticipated to reach USD 31.73 billion by 2025, driven by the rising demand for derivatives such as epoxy resins, polycarbonates, nylon, phenolic resins, detergents and pharmaceuticals. These derivatives are important intermediates for manufacturing an extensive range of industrial products and are expected to boost the market over the forecast period.

Asia Pacific had the highest market share in terms of revenue and volume and is expected to maintain its position over the forecast period. Furthermore, China and India have been driving the regional market owing to the increased consumption of the derivatives, produced from phenol to manufacture industrial products. Asia Pacific market is expected to grow at a CAGR of 4.9% over the projected period. Europe and North America are likely to grow at a steady state as a result of stringent government norms to use this product as it is toxic and harmful to the environment.



Bisphenol-A dominated the market accounting for 48.8% of the volume share in 2016. It is one of the major derivatives used to produce polycarbonates and epoxy resins. Moreover, growing importance in the use of sustainable energy owing to rising crude oil prices is expected to drive the demand for epoxy resins. These are thermosets that have an exclusive blend of chemical resistance, toughness and strong adhesion. It is used as a coating application in wind turbine rotor blades, electrical equipment, steel pipes and metal cans & containers.

However, phenolic resins are the fastest growing segment in terms of both volume and revenue share. These are synthetic polymers and are used for making molded products such as laboratory countertops, billiard balls and as adhesives & coatings which are anticipated to fuel the market over the forecast period.

There is a huge competition among the established players and companies have to comply with environmental regulations implemented by the EPA and European Commission. The presence of a stringent regulatory framework is expected to increase the entry barriers for new players.

The majority of the companies in the field enter into a joint venture agreement with other manufacturers and distributors to expand its presence and meet the requires demand in the particular regions. The leading players operating in the phenol market include INEOS Phenol, Mitsui Chemicals, Aditya Birla Chemicals, PTT Phenol, CEPSA Quimica, Shell Chemical, LG Chem, Honeywell Resins & Chemicals, Shandong Sheng Quan Chemicals Co. Ltd., and SABIC Innovative Plastics.


Hexa Research has segmented the global phenol market based on end-use and region:

Segmentation by end use, 2014 - 2025 (Kilo Tons) (USD Million)
• Bisphenol-A
• Phenolic resins
• Caprolactam
• Others

Segmentation by region, 2014 - 2025 (Kilo Tons) (USD Million)
• North America
    • U.S.
• Europe
   • Russia
• Asia Pacific
   • China
   • India
• Central & South America
   • Brazil
• Middle East & Africa

Key players analyzed
• INEOS Phenol
• Mitsui Chemicals
• Aditya Birla Chemicals
• PTT Phenol
• CEPSA Quimica
• Shell Chemical
• LG Chem
• Honeywell Resins & Chemicals
• Shandong Sheng Quan Chemicals Co. Ltd
• SABIC Innovative Plastics.


E-book Market Size to reach $29.43 Billion by 2024

The global E-book market is set to reach USD 29.43 billion by 2024, primarily driven by the advancement in technology, rising population of educated youth, increasing smartphone penetration across the globe, government policies promoting smart education, free accessibility and e-book reader applications. Moreover, the availability of an online translation of e-book in various local languages is anticipated to drive the market over the forecast period.

Asia Pacific is anticipated to witness the fastest growth over the forecast period on account of rising adoption of smartphones and other digital reading platforms such as Adobe eBook platform and Kindle. India and China have a large number of educational institutes than any other country in the region. These educational institutes are preferring e-books over the conventional books to reduce the space as well minimize the cost attached to with paper books.



Over 60% of the books sold in this region are educational owing to the higher number of educational institutes. Preference of digitalization, especially journals in STM (Science, Technology and Medicine), to access a larger volume of data seamlessly is expected to propel growth. This factor is expected to drive the growth of the nonfiction & education segment, resulting in 28.4% contribution to the overall market by 2024.

Fictional books contributed to the largest revenue share in 2016. The demand for the genre has been increasing on account of consumer preference for leisure reading, and the segment is expected to grow at a 7.8% CAGR over the forecast period.


The industry has been characterized by the presence of big companies that have been operating in the market for a substantial period including Amazon, Hachette, Harper Collins, Penguin Random House and Kensington Publishing. These companies have been focusing on marketing strategies on expanding the reach of the market to consumers located in urban as well as rural areas. These companies are also expanding their user base within cities.

For instance, Kindle Unlimited is a new feature launched by the firm which gives users access to the thousands of audiobooks and e-books every month. This app also has a library management feature which helps readers to organize e-books without any difficulties. The popularity of digitization and accessibility is expected to grow in tandem with the development of digital books industry.

Hexa Research has segmented the global E-book market based on genre and region:

Segmentation by Genre, 2014 - 2024 (USD Million)
• Fiction
• Nonfiction & education
• Literature
• Children’s book
• Comics & graphic novels
• Others

Segmentation by Region, 2014 - 2024 (USD Million)
• North America
    • U.S.
• Europe
    • Germany
    • UK
• Asia Pacific
    • China
    • India
• Rest of World

Key players analyzed
• Amazon
• Hachette
• Harper Collins
• Penguin Random House
• Kensington Publishing
• Bloomsbury India
• LuLu



About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:
Ryan Shaw
Hexa Research
Felton Office Plaza
6265 Highway 9
Felton, California 95018
United States
Phone: +1-800-489-3075

U.S. Medical Cannabis Market Size worth $19.48 Billion By 2024

The U.S. medical cannabis market is expected to be valued at USD 19.48 billion by 2024, driven by its numerous medical benefits particularly by patients suffering from cancer, chronic pain and diabetes. Favorable regulatory environment across numerous states including California and Colorado is expected to fuel the growth of the market over the next few years.
Medical Marijuana Regulation and Safety Act implemented in 2015 permits the cultivation and use of cannabis dispensaries at the state and local level which has been one of key drivers to fuel the U.S market. The rising number of states receiving approval to utilize cannabis for consumption in medical cases is expected to be one of the crucial factors to upsurge the demand for medical marijuana over the forecast period.

U.S. Medical Cannabis Market

Over the past few decades, there have been several controversies surrounding legalization of cannabis for medical purposes; however, increasing signs of medical benefits received from the consumption of cannabis has resulted in the herb being legalized across various states in the nation. The industry is expected to witness significant growth during the forecast period owing to greater consumer acceptance along with an increasing number of companies entering the market.

The symptoms and conditions that can be treated by the herb include cancer, arthritis, epilepsy, nausea, pain Alzheimer’s disease, anorexia, AIDS, HIV, glaucoma, cachexia, Crohn’s disease, migraines, and multiple sclerosis. Chronic pain accounted for 46% of the U.S. cannabis medical market share in 2016. The ability of medical marijuana to curb pain is expected to gain popularity among patients diagnosed with chronic illnesses and pain.


In 2016, solid edibles segment dominated the U.S market generating revenues worth USD 2.47 billion and is expected to continue dominating the industry over the forecast period. The future product innovation and potential growth are substantial owing to continuous development from the consumption of cannabis infused products owing to their numerous applications including lotions, bath salts, shampoo, lip balm, toothpaste, coffee pods, baked brownies cookies, candy, confectioneries, beverages, vinegar and oils.

California is known to be the first state in U.S. that legalized cannabis for medical purpose. In 2016, California recorded the highest revenue generation and is expected to grow at a CAGR of 13% over the projected period. Over the next few years, more number of state governments are expected to legalize cannabis owing to its numerous benefits which will fuel its growth over the projected period.

Hexa Research has segmented the U.S. medical cannabis market based on usage, consumption and state:

Segmentation by usage, 2014 - 2024 (USD Million)
• Chronic Pain
• Arthritis
• Migraine
• Cancer
• Others

Segmentation by consumption, 2014 - 2024 (USD Million)
• Solid Edibles
• Inhalation
• Liquid Edibles
• Topical

Segmentation by state, 2014 - 2024 (USD Million)
• California
• Colorado
• Washington
• Arizona
• Michigan

Key players analyzed
• American Cannabis
• Canopy Growth Corporation
• Greengro Technologies
• Medical Marijuana Inc.
• United Cannabis
• Terra Tech Corp.
• Mentor Capital, Inc
• Cannabis Sativa, Inc.
• GBSciences, Inc.
• The Green Solution


About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:
Ryan Shaw
Hexa Research
Felton Office Plaza
6265 Highway 9
Felton, California 95018
United States
Phone: +1-800-489-3075


Animal Feed Additives Market is projected to reach $21.9 Billion By 2022

Global animal feed additives market size was estimated at USD 16 billion in 2014. Growing meat consumption as a key protein source, especially in Asia Pacific and Latin America is expected to be a key driver for market demand over the forecast period. Increased focus on product innovation, resulting in high R&D spending is expected to provide new growth opportunities to industry participants.

High degree of regulatory intervention in developed markets of North America and Europe, coupled with raw material supply issues are expected to challenge product growth over the next seven years. Asia Pacific and LATAM animal feed additive markets, which are comparatively less regulated, are expected to reach USD 7.2 billion and USD 2 billion by 2022, respectively.

With frequent regulatory updates and increasing R&D spending, the global feed additive industry is constantly evolving. In recent times, there has been a significant increase in mergers, acquisitions and partnerships among market participants, in order to enhance product portfolio, gain access to regional markets and to avail synergetic benefits, As a result, we have witnessed companies increasing their presence across the value chain by integrating and diversifying their product portfolio.


Key report insights suggest:

§  Global animal feed additives market was valued at USD 16 billion in 2014 and is expected to reach USD 21.9 billion by 2022, growing at a CAGR of 4% from 2015 to 2022.

§  Poultry feed additives dominate the market, with revenue estimated at USD 6.1 billion in 2014 and expected to grow at a CAGR of 4.3% from 2015 to 2022. Aquaculture feed additives market is expected to reach USD 1.29 billion by 2022, with an estimated CAGR of 4.2% over the next seven years.

§  Amino acids accounted for over 30% of global demand in 2014, with revenue estimated to reach USD 8 billion by 2022. The demand for feed enzymes and acidifiers is expected to grow at a CAGR of 5.3% and 6.5% from 2015 to 2022, respectively.

§  North America and Europe together accounted for over 55% of the global revenue in 2014 and are expected to witness marginal gains over the forecast period, owing to regulatory constraints and raw material issues.

§  Asia Pacific animal feed additive market was dominated by India and China, together accounting for around 70% of overall regional revenue in 2014. Brazil dominated the LATAM market similarly, accounting for 80% of total revenue in the same year.

§  The global industry is significantly concentrated and displays oligopolistic characteristics. Key companies in the market include integrated players such as DSM, Evonik, and BASF along with specialists such as Danisco, Elanco, Cargill Novozymes, Kemin, Novus etc.

HexaResearch has segmented the animal feed additives market on the basis of product, application and region for this report:

Global Animal Feed Additives, By Product (Revenue, USD Million, 2012 - 2022)

- Antibiotics
- Vitamins
   - Vitamin A
   - Vitamin E
   - Vitamin B
   - Vitamin C
   - Other Vitamins
- Antioxidants
- Amino Acids
   - Lysine
   - Methionine
   - Threonine
   - Tryptophan
   - Other Amino Acids
- Feed Enzymes
   - Phytase
   - Non Starch Polysaccharides & Other
- Feed Acidifiers

Global Animal Feed Additives, By Application (Revenue, USD Million, 2012 - 2022)

- Pork/Swine
- Poultry
- Cattle
- Aquaculture
- Other

Global Animal Feed Additives, By Region (Revenue, USD Million, 2012 - 2022)

- North America
   - U.S.
- Europe
   - Germany
   - Italy
   - UK
- Asia Pacific
   - China
   - India
   - Japan
- Middle East & Africa (MEA)
- LATAM (Latin America)
   - Brazil


About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:
Ryan Shaw
Hexa Research
Felton Office Plaza
6265 Highway 9
Felton, California 95018
United States
Phone: +1-800-489-3075

Endobronchial Ultrasound Biopsy Market Gains Momentum with Minimally Invasive Innovations

The global Endobronchial Ultrasound Biopsy Market is experiencing significant growth as healthcare providers increasingly adopt minimally i...