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Category Archives: Delaware Stem Cells

Japan Stem Cells Market to be at Forefront by 2028

Posted: November 24, 2022 at 12:31 am

Stem Cells Market: Introduction

According to the report, the globalstem cells marketwas valued at US$11.73Bn in 2020 and is projected to expand at a CAGR of10.4%from 2021 to 2028. Stem cells are defined as specialized cells of the human body that can develop into various different kinds of cells. Stem cells can form muscle cells, brain cells and all other cells in the body. Stem cells are used to treat various illnesses in the body.

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North America was the largest market for stem cells in 2020. The region dominated the global market due to substantial investments in the field, impressive economic growth, increase in incidence of target chronic diseases, and technological progress. Moreover, technological advancements, increase in access to healthcare services, and entry of new manufacturers are the other factors likely to fuel the growth of the market in North America during the forecast period.

Asia Pacific is projected to be a highly lucrative market for stem cells during the forecast period. The market in the region is anticipated to expand at a high CAGR during the forecast period. High per capita income has increased the consumption of diagnostic and therapy products in the region. Rapid expansion of the market in the region can be attributed to numerous government initiatives undertaken to improve the health care infrastructure. The market in Asia Pacific is estimated to expand rapidly compared to other regions due to shift in base of pharmaceutical companies and clinical research industries from developed to developing regions such as China and India. Moreover, changing lifestyles and increase in urbanization in these countries have led to a gradual escalation in the incidence of lifestyle-related diseases such as cancer, diabetes, and heart diseases.

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Technological Advancements to Drive Market

Several companies are developing new approaches to culturing or utilizing stem cells for various applications. Stem cell technology is a rapidly developing field that combines the efforts of cell biologists, geneticists, and clinicians, and offers hope of effective treatment for various malignant and non-malignant diseases. The stem cell technology is progressing as a result of multidisciplinary effort, and advances in this technology have stimulated a rapid growth in the understanding of embryonic and postnatal neural development.

Adult Stem Cells Segment to Dominate Global Market

In terms of product type, the global stem cells market has been classified into adult stem cells, human embryonic stem cells, and induced pluripotent stem cells. The adult stem cells segment accounted for leading share of the global market in 2020. The capability of adult stem cells to generate a large number of specialized cells lowers the risk of rejection and enables repair of damaged tissues.

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Autologous Segment to Lead Market

Based on source, the global stem cells market has been bifurcated into autologous and allogenic. The autologous segment accounted for leading share of the global market in 2020. Autologous stem cells are used from ones own body to replace damaged bone marrow and hence it is safer and is commonly being practiced.

Regenerative Medicines to be Highly Lucrative

In terms of application, the global stem cells market has been categorized into regenerative medicines (neurology, oncology, cardiology, and others) and drug discovery & development. The regenerative medicines segment accounted for major share of the global market in 2020, as regenerative medicine is a stem cell therapy and the medicines are made using stem cells in order to repair an injured tissue. Increase in the number of cardiac diseases and other health conditions drive the segment.

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Therapeutics Companies Emerge as Major End-users

Based on end-user, the global stem cells market has been divided into therapeutics companies, cell & tissue banks, tools & reagents companies, and service companies. The therapeutics companies segment dominated the global stem cells market in 2020. The segment is driven by increase in usage of stem cells to treat various illnesses in the body. Therapeutic companies are increasing the utilization of stem cells for providing various therapies. However, the cell & tissue banks segment is projected to expand at a high CAGR during the forecast period. Increase in number of banks that carry out research on stem cells required for tissue & cell growth and elaborative use of stem cells to grow various cells & tissues can be attributed to the growth of the segment.

Regional Analysis

In terms of region, the global stem cells market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global stem cells market in 2020, followed by Europe. Emerging markets in Asia Pacific hold immense growth potential due to increase in income levels in emerging markets such as India and China leading to a rise in healthcare spending.

Competition Landscape

The global stem cells market is fragmented in terms of number of players. Key players in the global market include STEMCELL Technologies, Inc., Astellas Pharma, Inc., Cellular Engineering Technologies, Inc., BioTime, Inc., Takara Bio, Inc., U.S. Stem Cell, Inc., BrainStorm Cell Therapeutics, Inc., Cytori Therapeutics, Inc., Osiris Therapeutics, Inc., and Caladrius Biosciences, Inc.

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Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Mice Model Technologies Market Outlook, Competitive Landscape and Forecasts to 2031 – openPR

Posted: October 13, 2022 at 2:13 am

Mice Model Technologies Market Outlook 2031

-The global mice model technologies market was valued at US$ 1.6 Bn in 2021-The global market is projected to grow at a CAGR of 7.4% from 2022 to 2031-The global mice model technologies market is anticipated to reach US$ 3.2 Bn by 2031

Global Mice Model Technologies Market Introduction

Animal model is a non-human species, which can mimic characteristics of a biological process or a disease found in humans. Animal models are used in biomedical research. Genetic engineering is used to develop different types of mice models to target specific human diseases. Mice model technologies are often adopted in biomedical research, as mice share mammalian features with humans and suffer from many similar diseases.

Surge in Investment in Biomedical Research to Drive Demand for Mice Model Technologies

Investment in biomedical research is considered one of the most important indicators of any country's research landscape. In the last decade, biomedical research expenditure has increased manifold across the globe, with developed countries such as the U.S. and the U.K. dominating the landscape. Majority of these investments are made for R&D of animal models.

The National Institutes of Health (NIH), the largest advocate of biomedical research in the world, had a budget of around US$ 31 Bn in 2019, followed by the Bill & Melinda Gates Foundation (BMGF) and the Wellcome Trust (each with approximately US$ 1.08 Bn; 3.1%). Overall, around 89.6% (approximately US$ 32 Bn) of all the grants awarded for biomedical research were allocated to recipient organizations in the U.S. More than 60% of NIH extramural funding involves animal-related research; most of this is allocated to mice-related studies. Thus, increase in biomedical research funding is expected to drive the global mice model technologies market during the forecast period.

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Rise in Adoption of Advanced Genomic Techniques

Various techniques and methodologies have been developed in the past few years to create genetically modified mice models of human diseases. Homologous recombination in embryonic stem cells is the conventional way of gene targeting. The advent of new molecular genome-altering technologies such as CRISPR/Cas9 allows for genetic mutations to be introduced into the germ line of a mouse faster and cheaper than previous methods.

Development of mice models is significantly easier than before with the use of CRISPR-based techniques. These techniques can be employed to effectively and quickly (within two to three months) produce frequently used mice models (simple knockout mouse, CRISPR Knockin mouse, point mutation knock-in mouse, cKOs, and reporter/Cre knock-ins). One or two guide RNAs and Cas9 protein can be injected to generate knockout mice. Development of large knock-ins (approximately 5 to 10 kb long) is generally achieved using plasmid DNAs as donors. CRISPR editing or ESC-mediated gene targeting can be used to create humanized knock-in (KI) mice models; each technique has its advantages for model development.

Cyagen TurboKnockout gene targeting service combines benefits of each approach to enable sophisticated gene modeling in C57BL/6 or BALB/c mouse models on an accelerated timeframe, including LFKIs up to 300 kb. In as little as six months, TurboKnockout can provide research-ready mouse models for humanization.

High Efficiency of CRISPR Gene Editing Technology Boosting CRISPR Knockout Segment

In terms of technology, the global mice model technologies market has been segregated into CRISPR Knockout; CRISPR Knockin; random insertions, large, targeted insertions; ES cell modification (homologous recombination); and others. The CRISPR Knockout segment held dominant share of the market in 2021. It is expected to maintain its dominance during the forecast period. Growth of the segment can be ascribed to high efficiency of CRISPR gene editing technology and increase in adoption of CRISPR technology for the development of CRISPR Knockout mice.

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Increase in Adoption of CRISPR Technology in Biotechnology Companies

Based on end-user, the global mice model technologies market has been classified into pharmaceutical companies, biotechnology companies, academic and research facilities, and contract research and manufacturing organizations.

The biotechnology companies segment is projected to account for dominant share of the global mice model technologies market during the forecast period. Increase in adoption of CRISPR technology in biotechnology companies and research laboratories is driving the segment. For instance, in October 2016, Caribou Biosciences granted The Jackson Laboratory non-exclusive worldwide rights to use its CRISPR-Cas9 intellectual property to create genetically-engineered mice for research purposes.

The academic and research facilities segment is expected to grow at a higher rate during the forecast period. Growth of the segment can be ascribed to the rise in funding for academic and research facilities for R&D in mice model technologies.

Regional Outlook of Global Mice Model Technologies Market

North America dominated the global mice model technologies market, with more than 40% share in 2021. According to the mice model technologies market research study, rise in research and development activities in CRISPR to provide modified products for prevention and treatment of various chronic and rare diseases, such as sickle cell anemia and Alzheimer's diseases, is expected to fuel the market in North America in the near future.

Asia Pacific is also poised to witness significant growth during the forecast period, owing to the increase in adoption of mice models for R&D in COVID-19 prevention and treatment.

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Analysis of Key Players in Global Mice Model Technologies Market

The global mice model technologies market is fragmented, with the presence of international as well as local players. Manufacturers in the market are striving to build a strong network of vendors to enable seamless distribution of products. Players are also focused on adopting strategies such as collaboration, partnership, joint venture, and merger and acquisition to enhance their mice model technologies market share.

Key players operating in the global mice model technologies market include Biocytogen, Charles River Laboratories, Cyagen Biosciences, Gempharmatech, GenOway, Ingenious Targeting Laboratory, Merck KGaA, Ozgene Pty Ltd., Taconic Biosciences, Inc., PolyGene AG, The Jackson Laboratory, Yale School of Medicine, University of North Carolina, University of Nebraska Medical Center, Monash University, UMass Chan Medical School, University of Bonn, Columbia University, and The University of Arizona.

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Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Cell & Tissue Preservation Market Size will Observe Lucrative Surge by the End 2031 – openPR

Posted: October 13, 2022 at 2:13 am

Cell & Tissue Preservation Market: Introduction

According to the report, the global cell & tissue preservation market was valued at US$ 2.95 Bn in 2020. It is projected to expand at a CAGR of 11.9% from 2021 to 2031. Cell & tissue preservation must be maintained at appropriate temperatures to preserve integrity of the tissue. The receiving facility is responsible for maintaining records; documenting that allograft tissue is maintained at adequate environmental requirements during transportation and stored as per the manufacturer's recommendations for the specific tissue.

The current methods of cell & tissue preservation involve freeze-drying, deep-freezing, and cryopreservation. Each of these techniques could be utilized for storage of ligament and meniscal allografts. Deep-freezing is a highly common preservation method for ligament and meniscal allografts, entailing simply freezing the tissue to -80C. The grafts could be preserved for 3 to 5 years. In the freeze-drying process, moisture is removed from the tissue and the graft is vacuum packaged.

It could be stored at room temperature for 3 to 5 years; however, it requires rehydration before implantation. Deep-freezing and freeze-drying allograft tissue reduces immunogenicity by killing antigen-bearing cells. Cryopreservation is a process of controlled-rate freezing with extraction of cellular water by means of glycerol and dimethyl sulfoxide. This process preserves some cells and provides a 10-year shelf life.

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Increase in Healthcare Expenditure

The increase in healthcare expenditure is estimated to further allow access to quality healthcare and advanced products that include biopreservation facilities, thereby broadening growth prospects. Additionally, gene banks, hospitals, and biobanks that are significant end users of the market, are encouraging most players to develop technologically advanced biopreservation products to enhance patient outcomes. The presence of government healthcare initiatives that provide funds, grants, and contracts for research has fueled R&D activities deployed by various companies. This, in turn, has boosted the scope for adoption of advanced bio-preservation services, which, in turn, is anticipated to fuel the penetration rate during the forecast period.

Rising R&D investments by companies and research communities to improve their capabilities and render efficient products & services are estimated to further create opportunities. For instance, the establishment of the Cooperative Human Tissue Network (CHTN), which addressed the operational dimension of bio-banking, exemplifies consistent efforts by the research community.

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Tissues to Lead Cell & Tissue Preservation Market

In terms of type, the global cell & tissue preservation market has been classified into cells & tissues. Cells have been split into mammalian cells and others (microorganisms and plant cells). The tissues segment has been split into blood, bone, soft tissues, skin, and others. The tissues segment accounted for 47.6% share of the market in 2020. The segment is anticipated to expand at a CAGR of 11.7% from 2021 to 2031.

Rising investments in the field of regenerative medicine research is projected to boost the cell & tissue preservation market. The knowledge of human cells and tissues being used for further research and development novel treatment therapies led to the introduction of bio banking. Collection, processing, and storage of the samples and the regarding data are the basic function of biobanks.

Therapeutics to Dominate Cell & Tissue Preservation Market

Based on application, the global cell & tissue preservation market has been categorized into therapeutics, research & development, drug discovery, and others. The therapeutics segment accounted for 40.1% share of the cell & tissue preservation market in 2020. The segment is projected to expand at a CAGR of 11.8% from 2021 to 2031. Clinical/therapeutic applications majorly utilize tissue banking, as it involves different types of grafting such as cord blood, stem cell, and others.

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Equipment to be Highly Lucrative Segment

In terms of product, the global cell & tissue preservation market has been divided into equipment, bio preservation media, and software. The equipment segment has been further sub-segmented into freezers, thawing equipment, refrigerators, storage systems, and others. The bio preservation media segment has been further bifurcated into home-brew media and pre-formulated media. The equipment segment was valued at US$ 2,026.1 Mn in 2020 and is projected to reach US$ 6,805.9 Mn in 2031, expanding at a CAGR of 11.8% from 2021 to 2031. This can be attributed to an increase in the demand for biobanks for the past few years and its extensive usage in DNA, plasma, stem cell, and tissue research.

Biobanks to be Key End User

Based on end user, the global cell & tissue preservation market has been divided into biobanks, hospitals & others. The biobanks segment accounted for 68.7% share of the market in 2020. The segment is projected to gain market share marginally to reach 70.5% in 2031. This can be attributed to the growing awareness among researchers about the benefits of stem cells preservation. Furthermore, increasing number of sperm & egg banks and adoption of assisted reproductive technology in animals are key factors estimated to fuel the cell & tissue preservation market growth.

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North America to Lead Cell & Tissue Preservation Market

In terms of region, the global cell & tissue preservation market has been divided into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. North America is projected to be a highly attractive market and exhibit an attractiveness index of 2.0 during the forecast period. The market in the region is anticipated to expand at a higher CAGR from 2021 to 2031, owing to consistent drug developments as well as advent of advanced therapies in the field of biomedical research.

A significant rise in patient base requiring high-end treatment of chronic diseases is also responsible for the high demand for biopreservation products and services across the region. Major pharmaceutical companies are engaged in the commercialization of advanced preservation equipment and their subsequent adoption in the research community.

Competition Landscape

The global cell & tissue preservation market is fragmented due to the presence of a large number of prominent players. Key players operating in the global cell & tissue market include Thermo Fisher Scientific, Inc., Lonza, BD, Merck KGaA, Cytiva, Agilent Technologies, Inc., Avantor, Inc., FUJIFILM Irvine Scientific, BioLifeSolutions Inc., AMSBIO, Princeton CryoTech, STEMCELL Technologies Inc., LGC SeraCare, Corning Incorporated, and CellGenix GmbH.

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Rohit BhiseyTransparency Market Research Inc.CORPORATE HEADQUARTER DOWNTOWN,1000 N. West Street,Suite 1200, Wilmington, Delaware 19801 USATel: +1-518-618-1030USA - Canada Toll Free: 866-552-3453Website: https://www.transparencymarketresearch.comBlog: https://tmrblog.comEmail: sales@transparencymarketresearch.com

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Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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PRP and PRF in Cosmetics Market Growth Opportunities Analysis Report – openPR

Posted: October 13, 2022 at 2:13 am

PRP and PRF in Cosmetics Market Outlook 2031

The global PRP and PRF in cosmetics market was valued at US$ 150 Mn in 2021

The market is projected to advance at a CAGR of 12.6% from 2022 to 2031

The global PRP and PRF in cosmetics market is anticipated to exceed US$ 483 Mn by 2031

Overview of PRP and PRF in Cosmetics Market

Rise in number of cosmetic surgical procedures, surge in awareness about PRP and PRF therapies, and increase in applications of PRP & PRF in cosmetics are propelling the global market. Developed economies such as the U.S. and countries in Europe accounted for substantial share of the global PRP and PRF in cosmetics market in 2021. However, high cost of products and possibility of complications in cosmetic surgeries are expected to restrain the global PRP and PRF in cosmetics market.

Nevertheless, the platelet-rich plasma (PRP) treatment shows improvement in volume, tone, and texture of the skin. It also reduces the appearance of wrinkles. Hence, PRP therapy is becoming quite popular in skin treatment. Thus, demand for PRP and PRF in cosmetics is likely to increase during the forecast period.

Over the last few years, small and large biopharmaceutical companies have become increasingly reliant on contract research organizations (CROs) and other clinical service specialists to provide research services for their R&D operations. Changing lifestyles of the people in developing regions, increase in per capita income, and rise in awareness about beautification contribute to the growth of the global PRP and PRF in cosmetics market. Outsourcing of stem cell trials is also expected to drive the market by the end of the forecast period.

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Surge in Awareness about Benefits of PRP Therapy to Drive Global Market

PRP was first used in cardiac surgery in 1987. Awareness about the advantages and applications of PRP was limited to research laboratories. Currently, value-added advantages and applications of PRP therapy over conventional wound healing & disease treatments, such as surgery and medicines, have resulted in higher demand for PRP products globally. This is offsetting the limitations of PRP and PRF in cosmetics.

PRP therapy is used in cosmetics to reduce wrinkles, plump up the sagging skin, get rid of deep creases, improve complexion, and diminish acne scars. The middle-aged and elderly population is increasingly opting for plastic surgeries to look esthetically appealing and young. Thus, rise in awareness about these surgeries among the population is projected to boost the market during the forecast period.

Increase in awareness has also been driving the demand for platelet rich plasma therapy since the last few years in emerging economies such as China, India, Brazil, and Russia as well as in developed regions including North America and Europe. Global players such as Cesca, Harvest, Arthrex, and Biomet are strengthening their existing distribution networks in these regions in order to increase their market presence.

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Rise in Number of Facial Cosmetic Surgeries Boosting Demand for PRP Therapy

PRP and PRF exhibit high potential in cosmetic treatments. PRP therapy can be used as a dermal filler for rapid healing of injuries. It is an effective substitute for hyaluronic acid. According to the International Society of Aesthetic Plastic Surgery (ISAPS), around 10,129,529 cosmetic surgeries were performed in 2020 across the world, which included 1,601,713 breast augmentation procedures, 968,381 eyelid surgeries, and 1,300,020 liposuction procedures. As per the American Society of Plastic Surgeons (ASPS), about 1,811,754 cosmetic surgical procedures were performed in the U.S. in 2020. Thus, increase in the number of cosmetic surgeries is likely to drive the demand for PRP and PRF in cosmetics during the forecast period.

According to the American Society of Plastic Surgeons (ASPS), plastic surgery gained popularity in 2020, with around 18.1 million cosmetic procedures performed in the same year, along with 16.23 million cosmetic minimally-invasive procedures. Adoption of platelet rich plasma therapy is increasing due to its effectiveness in facial therapy, rhytides treatment, oral-maxillofacial surgery, and augmentation of soft tissue repair. This is likely to propel the market during the forecast period.

Pure-PRP Holds Promising Potential for Skin Treatments

The pure-PRP segment is projected to account for around 61% share of the global market in 2021. The trend is projected to continue during the forecast period. Pure PRP has platelet and growth factor concentrations, which promote skin rejuvenation. Hence, the demand for pure PRP is increasing.

Technological advancements leading to the use of pure PRP in various applications and rich platelet content are expected to drive the segment in the next few years. Furthermore, ease of production and cost-effectiveness are expected to propel the segment in the near future. Applications of leukocyte-rich PRP include enhancement of wound healing, bone regeneration, and repair of the soft tissue. Distinct advantages of pure PRF over pure PRP & L-PRP and continuous innovation to improve the effectiveness of PRF are the key factors anticipated to fuel the pure-PRF segment during the forecast period.

Autologous Products Gain Prominence in Skin Healing Applications

The autologous segment is driven by the cost-effectiveness of autologous PRP and PRF. Platelet rich plasma (PRP) has been proven to be a prominent source of autologous products in the field of regenerative medicine and a true precursor for the healing process along with scaffold & stem cells.

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Growing Need for Skin Rejuvenation Treatment Propels Demand for PRP Therapies

Demand for PRP and PRF cosmetic treatments such as that in skin rejuvenation is largely driven by the increase in number of cosmetic surgeries, presence of a well-established health care infrastructure, and rise in applications of PRP therapies in cosmetic surgeries for facial therapy. Growth in need for skin rejuvenation treatment is augmenting the demand for PRP therapies across the globe.

Regional Outlook of Global PRP and PRF in Cosmetics Market

North America constituted the major share of more than 38% of the global market in 2021. The trend is expected to continue during the forecast period due to new product approvals, technological advancements, and increase in applications of PRP in cosmetic surgeries in the region. Increase in investments by governments in the health care sector and innovations in PRP & PRF in cosmetics are projected to augment the market in North America during the forecast period.

The U.S. dominated the market in North America, with more than 87% share in 2021. The trend is projected to continue during the forecast period. Rise in awareness about PRP devices along with the launch of FDA-approved devices is anticipated to propel the market in the U.S. during the forecast period.

Europe held the second-largest share of the global market in 2021. Demand for PRP & PRF in cosmetics in Europe is fueled by cosmetic interventions and rise in esthetic surgeries in the region. Well-established health care infrastructure, rise in adoption of platelet-rich plasma for hair therapy, surge in the number of general as well as cosmetic surgeries, and usage of injectable PRF for facial rejuvenation are expected to augment the market in Europe.

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Analysis of Key Players in PRP and PRF in Cosmetics Market

The PRP and PRF in cosmetics market report concludes with the company profiles section, which includes important information about key players in the global PRP and PRF in cosmetics market

Leading players analyzed in the report include Invacare, Stryker Corporation, Croma-Pharma GmbH, Zimmer Biomet, Isto Biologics, Exactech, Inc., EmCyte Corporation, Regen Lab, APEX Biologix, and ThermoGenesis Holdings, Inc.

Each of these players has been profiled in the PRP and PRF in cosmetics market report based on parameters such as company overview, financial overview, business strategies, application portfolio, business segments, and recent developments.

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Rohit BhiseyTransparency Market Research Inc.CORPORATE HEADQUARTER DOWNTOWN,1000 N. West Street,Suite 1200, Wilmington, Delaware 19801 USATel: +1-518-618-1030USA - Canada Toll Free: 866-552-3453Website: https://www.transparencymarketresearch.comBlog: https://tmrblog.comEmail: sales@transparencymarketresearch.com

About Us

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

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Orthobiologics Market to Receive Overwhelming Hike in Revenues by 2031 – openPR

Posted: October 13, 2022 at 2:13 am

Overview of Global Orthobiologics Market

Orthobiologics encompass a broad range of technologies with a biological or biochemical component. Examples include biologic factors delivered through a device, bone graft materials, cell therapies, and resorbable scaffolds to reinforce soft tissue. Rise in usage of orthobiologics products and orthopedic devices, and the integration of biology and biochemistry in the treatment of bone and soft tissue injuries are driving the orthobiologics market.

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Surge in Sports Injuries to Drive Global Orthobiologics Market

Sports injuries have become a major concern for athletes. The musculoskeletal system, which consists of the muscles, tendons, ligaments, fascia, nerves, bones, and tissues, is involved in sports injuries. Falls, excessive exertion, and fractures are the primary causes of these injuries. Lower and upper extremities suffer the majority of sports-related injuries and muscle injuries. Orthobiologics, such as stem cells, are used to treat common, acute, and chronic sports injuries. Year-round participation in a single sport is the most significant cause of increase in youth injuries. Rugby, combat sports, field hockey, basketball, and handball account for the most number of hand injuries.

In the last few decades, there has been an increase in sports participation by children and adolescents at an early age in the U.S. There has also been a rise in specialization in sports at a very early age. This trend has contributed to the patterns of injuries seen in young athletes. Injuries previously observed in mature athletes are now being reported in young athletes. According to a study published by the National Library of Medicine, 3.5 million youth under the age of 15 receive medical care each year in the U.S. for injuries sustained during sports practice.

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Increase in Demand for Non-surgical Treatments for Osteoarthritis to Propel Viscosupplements Segment

In terms of product, the viscosupplements segment held significant market share in 2021. Increase in demand for non-surgical treatments for osteoarthritis, rise in prevalence of lifestyle-induced disorders, and advancements in hyaluronic acid-based therapies are expected to drive the viscosupplements segment during the forecast period. Viscosupplements demonstrate clinical efficacy and is the most effective treatment for knee osteoarthritis. Osteoarthritis is the most common joint disorder in the U.S., affecting nearly 27 million people. Osteoarthritis of the knee alone affects 10% of men and 13% of women over the age of 60. Viscosupplementation can significantly reduce pain while improving joint mobility and function, making daily activities and even athletic or strenuous exercise less painful. Manufacturers of viscosupplementation devices are striving to develop and get approval for new medicines to treat osteoarthritis of the elbow, hip, and knee.

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Rise in Number of Spinal and Sports-related Injuries to Boost Demand for Spinal Fusion Devices

The spinal fusion segment accounted for the largest share of the global orthobiologics market in 2021. The segment is expected to be driven by the increase in number of spinal injuries and sports-related injuries during the forecast period. Demand for spinal fusion devices has been rising across the globe. Majority of spinal cord injuries are caused by avoidable incidences such as car accidents, falls, or violence. Traumatic spinal injury (TSI) occurs when bony, ligamentous, and/or neurologic structures of the spinal column are injured and result in significant morbidity and mortality.

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Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

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Stem Cells Market is Expected to Grow with High Probability Business Opportunity by 2028 – Digital Journal

Posted: October 4, 2022 at 2:06 am

Stem Cells Market: Introduction

According to the report, the global stem cells market was valued at US$ 11.73 Bn in 2020 and is projected to expand at a CAGR of 10.4% from 2021 to 2028. Stem cells are defined as specialized cells of the human body that can develop into various different kinds of cells. Stem cells can form muscle cells, brain cells and all other cells in the body. Stem cells are used to treat various illnesses in the body.

North America was the largest market for stem cells in 2020. The region dominated the global market due to substantial investments in the field, impressive economic growth, increase in incidence of target chronic diseases, and technological progress. Moreover, technological advancements, increase in access to healthcare services, and entry of new manufacturers are the other factors likely to fuel the growth of the market in North America during the forecast period.

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Asia Pacific is projected to be a highly lucrative market for stem cells during the forecast period. The market in the region is anticipated to expand at a high CAGR during the forecast period. High per capita income has increased the consumption of diagnostic and therapy products in the region. Rapid expansion of the market in the region can be attributed to numerous government initiatives undertaken to improve the health care infrastructure. The market in Asia Pacific is estimated to expand rapidly compared to other regions due to shift in base of pharmaceutical companies and clinical research industries from developed to developing regions such as China and India. Moreover, changing lifestyles and increase in urbanization in these countries have led to a gradual escalation in the incidence of lifestyle-related diseases such as cancer, diabetes, and heart diseases.

Technological Advancements to Drive Market

Several companies are developing new approaches to culturing or utilizing stem cells for various applications. Stem cell technology is a rapidly developing field that combines the efforts of cell biologists, geneticists, and clinicians, and offers hope of effective treatment for various malignant and non-malignant diseases. The stem cell technology is progressing as a result of multidisciplinary effort, and advances in this technology have stimulated a rapid growth in the understanding of embryonic and postnatal neural development.

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Adult Stem Cells Segment to Dominate Global Market

In terms of product type, the global stem cells market has been classified into adult stem cells, human embryonic stem cells, and induced pluripotent stem cells. The adult stem cells segment accounted for leading share of the global market in 2020. The capability of adult stem cells to generate a large number of specialized cells lowers the risk of rejection and enables repair of damaged tissues.

Autologous Segment to Lead Market

Based on source, the global stem cells market has been bifurcated into autologous and allogenic. The autologous segment accounted for leading share of the global market in 2020. Autologous stem cells are used from ones own body to replace damaged bone marrow and hence it is safer and is commonly being practiced.

Regenerative Medicines to be Highly Lucrative

In terms of application, the global stem cells market has been categorized into regenerative medicines (neurology, oncology, cardiology, and others) and drug discovery & development. The regenerative medicines segment accounted for major share of the global market in 2020, as regenerative medicine is a stem cell therapy and the medicines are made using stem cells in order to repair an injured tissue. Increase in the number of cardiac diseases and other health conditions drive the segment.

Therapeutics Companies Emerge as Major End-users

Based on end-user, the global stem cells market has been divided into therapeutics companies, cell & tissue banks, tools & reagents companies, and service companies. The therapeutics companies segment dominated the global stem cells market in 2020. The segment is driven by increase in usage of stem cells to treat various illnesses in the body. Therapeutic companies are increasing the utilization of stem cells for providing various therapies. However, the cell & tissue banks segment is projected to expand at a high CAGR during the forecast period. Increase in number of banks that carry out research on stem cells required for tissue & cell growth and elaborative use of stem cells to grow various cells & tissues can be attributed to the growth of the segment.

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Regional Analysis

In terms of region, the global stem cells market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global stem cells market in 2020, followed by Europe. Emerging markets in Asia Pacific hold immense growth potential due to increase in income levels in emerging markets such as India and China leading to a rise in healthcare spending.

Competition Landscape

The global stem cells market is fragmented in terms of number of players. Key players in the global market include STEMCELL Technologies, Inc., Astellas Pharma, Inc., Cellular Engineering Technologies, Inc., BioTime, Inc., Takara Bio, Inc., U.S. Stem Cell, Inc., BrainStorm Cell Therapeutics, Inc., Cytori Therapeutics, Inc., Osiris Therapeutics, Inc., and Caladrius Biosciences, Inc.

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External Beam Radiation Therapy Market: Growing Awareness about Early Detection and Diagnosis of various Cancer Types to Drive the Market – BioSpace

Posted: September 16, 2022 at 2:41 am

Wilmington, Delaware, United States, Transparency Market Research Inc. The accelerating rate of cancer cases worldwide is considered the chief factor augmenting the growth of the global external beam radiation therapy market. The rapid advancements in medical technology and the growing awareness about early detection and diagnosis of various cancer types will also boost this markets growth in the coming years.

External beam radiotherapy or EBRT is considered very common among radiotherapy types. Rather than brachytherapy (fixed source radiotherapy) and unlocked source radiotherapy, in which the radiation source is inside the body, external beam radiotherapy coordinates the radiation at the tumor from outside the body.

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Malignancy or in simpler terms, cancer is a genuine medical issue influencing a huge populace across the globe. Analysis at a beginning phase and therapy for malignant growth, as it influences the insusceptible framework, is a test for medical services suppliers. External radiation is normally done during outpatient visits to an emergency clinic or therapy focus. The vast majority get external radiation therapy over numerous weeks.

In any case, a few groups may have to go to the treatment community two times every day for a less number of weeks. Radiation innovation permits cautious conveyance of external beam radiation therapy. These machines center the radiation around the specific area on the body with the goal that ordinary tissues are influenced as little as could really be expected.

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Global External Beam Radiation Therapy Market: Overview

External radiation (or external beam radiation) is the most common type of radiation therapy used for cancer treatment. A machine is used to aim high-energy rays (or beams) from outside the body into the tumor.

Radiation technology allows very careful delivery of external beam radiation therapy. These machines focus the radiation on the exact location on the body so that normal tissues are affected as little as possible.

External radiation is usually done during outpatient visits to a hospital or treatment center. Most people undergo external radiation therapy over many weeks. Usually, patients visit the treatment center every weekday for a certain number of weeks. However, some people may need to go to the treatment center twice a day for a fewer number of weeks.

Key Driver of Global External Beam Radiation Therapy Market

The global external beam radiation therapy market is growing at a rapid pace owing to increase in incidence of cancer

Cancer is a serious health problem affecting a large population across the globe. Diagnosis at an early stage and treatment for cancer, as it affects the immune system, is a challenge for health care providers. According to the WHO, 18 million new cancer cases were reported in 2018 across the world, and cancer causes around 8.2 million deaths annually. Moreover, the number of cancer cases is likely to rise by 70% across the globe, with 60% of cases in Africa, Asia, and Latin America.

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Key Restraint of Global External Beam Radiation Therapy Market

According to WHO report, an estimated two-thirds of the planet does not have access to basic radiology services. Kenya has only 200 radiologists for 43 million people. People in Nepal travel more than two days to find a facility with an X-ray and spend a months income for that. Increase in gap between radiologists and people restrains the global radiation therapy management market.

North America to Account for Major Share of Global External Beam Radiation Therapy Market

In terms of region, the global external beam radiation therapy market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

North America is projected to dominate the global market during the forecast period. This is attributed to an increase in number of patients. Moreover, well-established health care infrastructure, presence of key players, and favorable reimbursement policies are anticipated to drive the market in the region.

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Key Players Operating in Global External Beam Radiation Therapy Market

Major players operating in the global external beam radiation therapy market include:

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Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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DiMethyl Sulfoxide (DMSO) Market to Touch US$ 838.6 Million in 2032 Owing to its Widespread Application in End-Use Industries & Anti-Inflammatory…

Posted: September 16, 2022 at 2:41 am

Future Market Insights Global and Consulting Pvt. Ltd.

In 2022, North America will have 27.2% of the worldwide DiMethyl Sulfoxide (DMSO) Market. Asia Pacific is expected to procure 20% market share for DiMethyl Sulfoxide (DMSO) market in the assessment period 2022-2032

NEWARK, Del, Sept. 13, 2022 (GLOBE NEWSWIRE) -- The global DiMethyl Sulfoxide (DMSO) market is estimated to showcase a steady growth rate throughout the projection period from 2022 to 2032 with a CAGR of about 5.4%. The market was valued at US$ 495.6 Million in 2022 and is estimated to be worth US$ 838.6 Million in 2032. According to the historical forecast (2016 to 2021), the global DiMethyl Sulfoxide (DMSO) Market sales witnessed significant growth, registering a CAGR of 4.2%.

Dimethyl Sulfoxide (DMSO), is known as a dipolar aprotic solvent containing high flash and boiling points, it also has excellent miscibility with polar and non-polar solvents. Black liquor is used to make DMSO which is a by-product of paper mills. There are several applications of DMSO in various industries including healthcare, agrochemicals, fine chemicals & materials. With continuous research and development in this field, utilization of DMSO in the pharmaceutical sector has seen an impressive hike in the global demand over the assessment period.

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Being a solvent with several medicinal applications, DiMethyl Sulfoxide (DMSO) is used as a key component in many medicinal and agrochemical products. In recent years, several government restrictions have been loosened, due to which the worldwide DiMethyl Sulfoxide (DMSO) market is expected to expand rapidly over the projected period.

Key Takeaways

Amidst the pandemic, the pharmaceutical business expanded significantly. Owing to peoples widened awareness of health and safety has grown the demand for healthcare items. In several nations, DiMethyl Sulfoxide (DMSO) has been licensed for its use in medicines, as it has several medical benefits. DiMethyl Sulfoxide (DMSO) is now one of the most important solvents utilized in the pharmaceutical sector.

Owing to its membrane penetrating capabilities, DiMethyl Sulfoxide (DMSO) is excessively used in several medical treatments. It has also been employed as a medication carrier. It aids in the penetration of the medications into the human skin and brings more effective results of the medication. Owing to these factors, DiMethyl Sulfoxide (DMSO) market is expected to surge over the forecast period.

Because DiMethyl Sulfoxide (DMSO) is able to transport drugs that are unable to cross cell membranes on their own, it is frequently utilized as a component in a variety of anti-bacterial treatments. Backed by such crucial properties, sales in DiMethyl Sulfoxide (DMSO) market are expected to rise exponentially.

In the formulation of antifungal medicines that are used in eye care, the employment of DiMethyl Sulfoxide (DMSO) is significant. In addition to that, it has also been noticed that DMSO is an ingredient mentioned on various anti-fatigue skincare products as well. Such diverse applications are generating cash for producers of DiMethyl Sulfoxide (DMSO).

Equipped with high anti-inflammatory effects, DiMethyl Sulfoxide (DMSO) acts as an antioxidant in order to decrease inflammation. It reduces or fully stops the development of swelling and inflammation by preventing the oxidation of free radicals such as oxygen molecules produced by biological processes.

DiMethyl Sulfoxide (DMSO) has been recently used in steroids due to its membrane penetration and anti-inflammatory effects. In order to preserve bone marrow and stem cells, DiMethyl Sulfoxide (DMSO) has been employed as a cry protective agent. It has been considered one of the oldest applications of DMSO.

Story continues

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Competitive Landscape

The prominent competitors in the worldwide DMSO market are developing new technologies that enable biopharmaceutical businesses to accelerate clinical manufacturing while decreasing process development time and costs

The Major Keyplayers are Arkema Group, Gaylord Chemical Corporation, Toray Fine Chemicals Co. Ltd., Hubei Xingfa Chemicals Group, Sigma-Aldrich Co. LLC., and Parchem Fine & Specialty Chemicals are some of the prominent competitors in the worldwide DMSO market.

More Insights into the DiMethyl Sulfoxide (DMSO) Market

The North American region is expected to dominate the global DiMethyl Sulfoxide (DMSO) market by accounting for 27.2% of the worldwide market in 2022. Owing to its widespread application and it is favored by many end users due to its ecologically friendly production technique and low toxicity.

Due to its employment in various medicinal and agrochemical applications in the region, the Dimethyl Sulfoxide (DMSO) is predicted to exhibit robust growth over the years. It is also well-acclaimed for its anti-inflammatory qualities and is commonly utilized in drugs that aid in body absorption.

The Asia Pacific is expected to witness positive growth opportunities throughout the assessment period due to its large demand in the pharmaceutical and electronics sectors. Developing economies like China have a hold over half of the Asia Pacific dimethyl Sulfoxide market. Thus, Asia Pacific is expected to procure a 20% market share for DiMethyl Sulfoxide (DMSO) market in the assessment period 2022-2032.

DiMethyl Sulfoxide (DMSO) Market Key Segments

DiMethyl Sulfoxide (DMSO) Market by Raw Materials:

Black Liquor

Sulphur

Raw Cotton

Lignin

DiMethyl Sulfoxide (DMSO) Market by Application:

Pharmaceuticals

Agrochemicals

Electronics

Fine Chemicals

Coatings

Cleaning Applications

DiMethyl Sulfoxide (DMSO) Market by Region:

North America DiMethyl Sulfoxide (DMSO)Market

Latin America DiMethyl Sulfoxide (DMSO)Market

Europe DiMethyl Sulfoxide (DMSO)Market

Asia Pacific DiMethyl Sulfoxide (DMSO)Market

Middle East & Africa DiMethyl Sulfoxide (DMSO)Market

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Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

3.2.1. Demand in Optimistic Scenario

3.2.2. Demand in Likely Scenario

3.2.3. Demand in Conservative Scenario

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Explore FMIs related ongoing Coverage onChemicals & MaterialsDomain

Dimethyl Disulphide (DMDS) Market Segment : The globaldimethyl disulphide (DMDS) marketsize is anticipated to be evaluated atUS$ 218.6 Mnin 2022.

Dimethylolpropionic Acid (DMPA) Market Growth : Dimethylolpropionic acid is a crystalline compound that is increasingly gaining traction for its extensive use in the development of aqueous urethane dispersions, which are ideal for high gloss waterborne coating offerings with superior flexibility and free-flow characteristics.

Dimethyl Terephthalate Market Analysis : Dimethyl terephthalate, also known as dimethyl 1, 4-benzenedicarboxylate is used as a feedstock in production ofpolyethylene terephthalate(PET) and polybutylene terephthalate (PBT).

Dimethylformamide (DMF) Market Size : The globaldimethylformamide (DMF) marketleads to an estimated CAGR of4.7%in the global market during the forecast period and registers a revenue valued atUS$ 374.88 Mnin 2022, and is expected to crossUS$ 593.4 Mnby 2032.

Lauryl Dimethyl Amine Oxide Market Outlook: Lauryl dimethyl amine oxide is a typefatty aminederivative. Lauryl dimethyl amine oxide is also known as N-lauryl-N,N-dimethylamine oxide, dodecyl dimethylamine oxide (DDAO) and N,N-Dimethyl-1-Dodecylamine N-Oxide.

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Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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Virology Market Growth Prospects, Trends and Forecast up to 2030 – BioSpace

Posted: September 8, 2022 at 1:55 am

Wilmington, Delaware, United States, Transparency Market Research Inc. Virology refers to a scientific discipline associated with the assessment of the biology of viruses as well as viral diseases. The diagnosis of viral infections can be performed by using different techniques including specific antibodies detection, cell culture method, virus nucleic acid detection, antigen detection, hemagglutination assays, and gene sequencing. Similarly, the viral infection is controlled by various methods such as antiviral chemotherapy, immunoprophylaxis, and interferon.

The global virology market is estimated to show prodigious growth during the forecast period of 2020 to 2030. This growth is attributed to remarkable increase in number of worldwide patients suffering from different viral infections.

An upcoming research report from Transparency Market Research on the global virology market performs a complete study of key parameters that impact on overall market growth. Thus, the report covers study of drivers, opportunities, restraints, and challenges in this market. Moving forward, the study sheds light on competitive landscape, technological developments, product developments, and regional analysis of the market for virology during the assessment period of 2020 to 2030.

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The report segments global virology market based on different key factors including diagnostic tests, product type, application, end-use, and region. Based on diagnostic tests, the market for virology is classified into HIV, hepatitis B, Hepatitis C, Human papillomavirus (HPV), and other tests.

Global Virology Market: Growth Dynamics

The global virology market is foreseen to gather prominent revenues during forthcoming period. This growth is attributed to plethora of factors. Numerous government bodies across the globe are taking initiatives to grow awareness about various diseases including Zika virus, Flu, AIDS, Ebola, and STDs. This factor is generating demand opportunities for players operating in the global virology market.

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Enterprises working in the global virology market are consistently focused on the prevention as well as cure of various diseases. Still, there are some diseases that need continuous research and development activities to achieve high-quality treatment. This factor is estimated to fuel expansion avenues in the global virology market during the assessment period of 2020 to 2030.

Global Virology Market: Competitive Analysis

The global virology market experiences presence of many well-entrenched players and moderately fragmented nature. As a result, the competitive landscape of the market for virology is highly fierce. To maintain prominent position in the market, participants are utilizing many organic as well as inorganic strategies.

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Many players working in the global virology market are investing heavily in research and development activities. This strategy is helping them to introduce superior quality treatment options. In addition to this, mergers, acquisitions, partnerships, joint ventures, and collaborations are some of the key tactics utilized by vendors operating in the market for virology. All these activities are indicative of the rapid expansion of the global virology market during forecast period of 2020 to 2030.

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About Us

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, providescustom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Virology Market Growth Prospects, Trends and Forecast up to 2030 - BioSpace

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Cell Banking Outsourcing Market is Driven by Rising Number of Stem Cell Therapies across the Globe – BioSpace

Posted: September 8, 2022 at 1:55 am

Wilmington, Delaware, United States, Transparency Market Research Inc. The global cell banking outsourcing market is likely to be driven by the rising demand for biopharmaceutical production targeting novel active sites, stem cell therapy, and gene therapy. A cell bank is a facility storing cells extracted from various organ tissue and body fluids so as to cater to the needs of the future. The cell banks make storage of cells with an elaborate characterization of the entire cell line as it reduces the possibilities of cross contamination. These benefits are estimated to fuel expansion of the global cell banking outsourcing market over the timeframe of assessment, from 2020 to 2030.

Cell banking outsourcing industries engage testing, characterization, storage, and collection of tissues, cell lines, and the cells. These activities are done to assist in the production of biopharmaceuticals and in the research and development activities so as to ensure minimum adverse effects and high effectiveness.

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The procedure of the cell storage involves first proliferation of cells, which then multiplies in a huge number of identical cells and is then put inside cryovials safety for use in future. Cells are primarily utilized in the production of regenerative medicine. A surge in the number of cell banks together with the high demand for stem cell therapies is likely to work in favor of the global cell banking outsourcing market over the tenure of analysis, from 2020 to2030.

The global cell banking outsourcing market has been segmented on the basis of four important parameters, which are bank type, phase, cell type, and region.

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Global Cell Banking Outsourcing Market: Notable Developments

The global cell banking outsourcing market is considered a fairly competitive market and is marked with the presence of many leading market players. The companies in this market are forging mergers, partnerships, and collaborations so as to gain larger revenue and market share. The following development is expected to play an important role in the market:

In June 2017, Swedish pharmaceutical company, Alligator Bioscience AB, entered into partnership with a leading French biopharma company, Sartorius Stedim Biotech S.A. In this partnership, Alligator Bioscience is the cell line development partner in the development of immuno-oncology antibody drug candidate.

Some of the prominent organizations in the global cell banking outsourcing market comprise the below-mentioned:

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Global Cell Banking Outsourcing Market: Key Trends

The global cell banking outsourcing market is characterized by the presence of the following restraints, drivers, and opportunities.

High Demand for Stem Cell Therapies to Trigger Growth of the Market

The rising number of stem cell therapies across the globe primarily influences the global cell banking outsourcing market. According to a survey conducted by World Network for Blood and Marrow Transplantation (WBMN), nearly 1 million hematopoietic stem cell transplantation processes were conducted in between 2006 to 2014.

These figure comprised removal of stem cells procedures from peripheral blood or bone marrow, proliferating, and then finally storing them cell banks for future use by patients. Stem cell therapies are able to multiple disease, such as amyotrophic lateral sclerosis, type 1 diabetes, cancer, Alzheimer's disease, Parkinson's disease, and so on. Ability to cure such a wide variety of diseases is expected to propel growth of the global cell banking outsourcing market in the years to come.

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Global Cell Banking Outsourcing Market: Geographical Analysis

North America is expected to dominate the global cell banking outsourcing market throughout the timeframe of analysis, from 2020 to 2030. Such high growth of the North America market is ascribed to the increased production of antibiotics, therapeutics protein, and vaccines. In addition, presence of several biopharmaceutical companies in the region is anticipated to foster growth of the cell banking outsourcing market in North America in the near future.

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Cell Banking Outsourcing Market is Driven by Rising Number of Stem Cell Therapies across the Globe - BioSpace

Posted in Delaware Stem Cells | Comments Off on Cell Banking Outsourcing Market is Driven by Rising Number of Stem Cell Therapies across the Globe – BioSpace

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