About Cancer Stem Cells
According to the World Health Organization, Cancer is the second leading cause of death globally, and is responsible for an estimated 9.6 million deaths in 2018. Globally, about 1 in 6 deaths is due to cancer. Hence, there is a need for a tremendous research on Cancer Cells. Cancer stem cells (CSCs) refers to the cells which are obtained from tumor that posses potential to reproduce all types of cancer cells found in a cancer sample.These cells are grown in tumors as a separate population and thereby it causes Deterioration and Metastasis of Existing tumor through generation of new tumor. Hence, with the Advancement in Technology Especially in Cancer Stem Cells Research area, Therapies specific to Targeting Cancer Stem Cells are anticipated to drive the Global Cancer Stem Cells Market.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
CAGR | 9.98% |
The market is fragmented with many International and National key players. Investigators are looking for biomolecules with therapeutic efficacy that could be used in case of Cancer Stem Cells. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Cancer Stem Cells market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Thermo Fisher Scientific, Inc. (United States), AbbVie, Inc.(United States), The Merck KGaA Group (Germany), Bionomics (Australia), Lonza Group (Switzerland), Stemline Therapeutics, Inc.(United States), Fujifilm Irvine Scientific (United States), STEMCELL Technologies Inc. (Canada), Sino Biological Inc. (United States) and BIOTIME, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Miltenyi Biotec (Germany), PromoCell GmbH (Germany), MacroGenics, Inc. (United States) and OncoMed Pharmaceuticals, Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Cancer Stem Cells market by Type (Cell Culturing, Cell Separation, Cell Analysis, Molecular Analysis and Others), Application (Breast Cancer Diagnosis and Treatment , Prostate Cancer Diagnosis and Treatment , Colorectal Cancer Diagnosis and Treatment , Lung Cancer Diagnosis and Treatment and Other Cancers Diagnosis and Treatment) and Region.
On the basis of geography, the market of Cancer Stem Cells has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by CSC Forms, the sub-segment i.e. Breast Cancer will boost the Cancer Stem Cells market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Stem Cell- Based Cancer Therapy, the sub-segment i.e. Autologous SC Transplant will boost the Cancer Stem Cells market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Anti-CSC Therapeutics, the sub-segment i.e. Pathway Inhibitors (WNT Signaling Pathway, Hedgehog Signaling Pathway, Notch Signaling Pathway, Others) will boost the Cancer Stem Cells market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Improvements in experimental approaches by the Researchers such as, In vitro assay has enabled them to establish a relationship between different cell types in a tumor and their microenvironment and This has led to the Development of a Broad Therapeutic Portfolio for CSCs and their associated key pathways.
Market Growth Drivers:
Increasing Prevalence of Cancer leading to rapidly rising burden of the mortality rate of Cancer among Patients, The Continuous Rise in the number of Research Studies and Development on Cancer Stem Cells (CSCs) and The Government initiatives to boost the Cancer Research activities and availability of funds.
Challenges:
The Growing Pipeline of Products targeting CSCs and Regulatory Challenges Pertaining to the Approval and Usage of Stem Cell Therapies
Restraints:
High Costs related to Cancer Stem Cell Therapeutics may hamper market growth.
Opportunities:
The requirement of a reliable and Effective Therapy that Will Completely Eliminate the Cancer Cells in the Body thereby Reducing the Risk of Relapse or Metastasis in the Patient. and R & D activities occurring in CSCs area is providing n opportunity for the market players.
Market Leaders and their expansionary development strategies
In January 2021, Thermo Fisher Scientific launched First T-Cell Medium Designed Specifically for Allogeneic Cell Therapy Workflows. In contrast to autologous cell therapies, which are produced using a patient's own cells, allogeneic cell therapies are derived from healthy donor tissue, potentially enabling more scalable, cost-effective cell therapy manufacturing.
In August 2018, According to ACS Central Science journal, Researchers have identified a new probe, named AlDeSense, is a small molecule that binds to an enzyme related to the property of stemness in cancer cells. The probe becomes activated, emitting a fluorescent signal only when it reacts with the target enzyme which Cancer Stem Cells which are produced in high concentrations. and The enzyme seems to be a marker of stemness across many types of cancer, indicating that AlDeSense may be broadly applicable for clinical imaging.
Key Target Audience
Cancer Stem Cells Manufacturers, Research Organisations, Government & Regulatory Bodies, Health Care Sector, Potential Investors and Downstream Vendors
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.