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Market Dynamics and End-Use Industries in Stem Cell Assay Market

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Healthcare Research Reports
Market Dynamics and End-Use Industries in Stem Cell Assay Market

The growth of the stem cell assays market corresponds with that of the biotechnology and biopharmaceutical industries, as these form significant end users for stem cell research products. The continuation of this trend—the growth of the end-user base—has compelled a number of companies to launch new products and invest in stem cell-based therapies. 

 

According to estimates from the Deloitte Touche Tohmatsu Limited (DTTL) Life Sciences and Health Care Industry Group, biotech drugs (vaccines, biologics) continue to gain traction in the life sciences sector. Of the top ten pharmaceutical products (by sales) in 2014, the majority were biotech drugs. Biotech drug sales were estimated at USD 289 billion in 2014, and this figure is projected to grow to USD 445 billion by 2019. 

 

Research in cell biology necessitates the use of animals and humans, as animal and human cells are used in gene therapy studies that involve the recombination of genes and stem cell research therapies. 

 

For More Info @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=47610330  

 

These cells are also used for in vivo toxicity and pharmacokinetic testing of drugs that may harm animals and humans. In addition, stem cell research studies use human embryos for clinical applications that often lead to the destruction of the embryos. 

 


Target Audience for this Report:

 

  • Manufacturers and vendors of stem cell assays
  • Research associations involved in stem cell research
  • Various research and consulting firms
  • Distributors of stem cell assays
  • Contract research manufacturers of stem cell assays 


The key players in the stem cell assay market include Merck (Germany), Thermo Fisher Scientific (US), GE Healthcare (US), Agilent Technologies (US), Bio-Rad Laboratories (US), Promega Corporation (US), Cell Biolabs (US), PerkinElmer (US), Miltenyi Biotec (Germany), HemoGenix (US), Bio-Techne Corporation (US), STEMCELL Technologies (Canada), and Cellular Dynamics International (US).


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