InsightAce Analytic Pvt. Ltd. has announced the publication of a market research report titled “Global iPSCs Manufacturing Services Market (By Application (Research Products, Drug Development & Discovery, Cellular Therapy, Toxicology Screening, Personalized Medicine, Disease Modelling, Stem Cell Banking, Emerging Applications), End-User(Pharmaceutical & Biotechnology Companies, Academic institutes, Research Laboratories & CROs, Hospitals & Surgical Centres, Cell & Tissue Banks, Other End Users))- Market Outlook and Industry Analysis 2030”
Get Free Access to Demo Report, Excel Pivot and ToC : https://www.insightaceanalytic.com/request-sample/1223
According to company’s newest research, the Global iPSCs Manufacturing Services Market is worth US$ 1009.00 Million in 2021 and is predicted to reach US$ 2.61 Billion in 2030, with a promising CAGR of 11.5% between 2024 and 2031.
iPSCs, or induced pluripotent stem cells, are recognized as attractive and promising cell sources for various applications, including drug discovery and regenerative medicine. Since iPSCs are artificially created in culture from somatic cells using the ectopic co-expression of specific pluripotency factors, they do not naturally exist. These cells can distinguish into any of the 220 or more different types of human cells and are pluripotent, with the capacity for self-renewal. iPSCs are widely used in the efficacy and safety testing phases of the drug development process. Hepatocytes, cardiomyocytes, islet cells, vascular endothelial cells, and neurons are examples of iPSC-derived products that are now being examined to understand the causes of human-specific adverse events and toxicity screening during drug development. The services of iPSC manufacturing service providers include differentiation and reprogramming of iPSCs, characterizing, manipulating, and testing iPSC banks for release, as well as cryopreservation and bank storage. Additionally, they offer process development, manufacturing, and the development of analytical methods for iPSC therapies.
The automated iPSC production process is anticipated to have the highest CAGR in the upcoming years. The demand for automation systems is rising as a result of the growing need for minimally variable, large-scale, reproducible stem cells and differentiated progeny generation. Several nations have launched iPSC line collection projects to facilitate research on various disorders, such as diabetes, cardiovascular disease, and neurodegenerative diseases. More and more investments by organizations, strategic funding from the government, collaborations, and acquisitions will fuel the Market.
However, the creation of iPSCs may soon be hampered by the high cost of treatments and the lack of clarity regarding differentiated tissues. Additionally, procedures and methods for mass production are always being developed, which may act as a barrier to growth during the period covered by the prediction. There are various challenges that are preventing iPSC manufacturing service providers from expanding their businesses, such as a lack of automated production tools and the difficulty of modifying iPSC genes.
With its rapid pace of research into neuropathies, heart disorders, and the manufacture of tailored medicines, North America is predicted to lead the manufacturing services market in the forecast period, followed by Europe. The expansion will also be due to the substantial investments made to date to advance iPSC manufacturing.
Significant market key players are Lonza Group AG, I Peace Inc., Axol Bioscience Ltd., FUJIFILM Cellular Dynamics, Inc., RoslinCT, Takara Bio Inc, Ncardia, Cynata Therapeutics Limited, Evotec SE, Celogics Inc, Catalent, Inc, CCRM, Applied StemCell Inc. (ASC), Thermo Fisher Scientific, Inc, Other Prominent Players
Expert Knowledge, Just a Click Away: https://calendly.com/insightaceanalytic/30min?month=2024-02
Key developments in the Market
Empower Your Decision-Making with 180 Pages Full Report @ https://www.insightaceanalytic.com/enquiry-before-buying/1223
Market Segmentation:
Global iPSCs Manufacturing Services Market, by By Applications, 2024-2031 (Value US$ Mn)
Global iPSCs Manufacturing Services Market, by End-User, 2024-2031 (Value US$ Mn)
Global iPSCs Manufacturing Services Market, by Region, 2024-2031 (Value US$ Mn)
North America IPSCs Manufacturing Services Market, by Country, 2024-2031 (Value US$ Mn)
Europe IPSCs Manufacturing Services Market, by Country, 2024-2031 (Value US$ Mn)
Asia Pacific IPSCs Manufacturing Services Market, by Country, 2024-2031 (Value US$ Mn)
Latin America IPSCs Manufacturing Services Market, by Country, 2024-2031 (Value US$ Mn)
Middle East & Africa IPSCs Manufacturing Services Market, by Country, 2024-2031 (Value US$ Mn)
Why should buy this report:
Unlock Your GTM Strategy: https://www.insightaceanalytic.com/customisation/1223
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Media ContactCompany Name: InsightAce Analytic Pvt. LtdContact Person: Diana D’SouzaEmail: Send EmailCountry: United StatesWebsite: https://www.insightaceanalytic.com/
