Europe Induced Pluripotent Stem Cell (iPSC) Market Size Worth USD 1,111.97 Million By 2032 | CAGR: 9.3%

The Europe Induced Pluripotent Stem Cell (iPSC) market size is expected to reach USD 1,111.97 Million by 2032, according to a new study by Polaris Market Research. The report “Europe Induced Pluripotent Stem Cell (iPSC) Market Share, Size, Trends, Industry Analysis Report, By Derived Cell; By Workflow (Reprogramming, Cell Culture, Cell Characterization, Engineering, Others); By Application; By Country; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The market for induced pluripotent stem cells (iPSC) in Europe has experienced significant growth in recent years. This growth can be primarily attributed to the increasing prevalence of chronic diseases. Additionally, the market is expected to experience further growth due to the wide range of clinical applications of induced pluripotent stem cells (iPSCs) and the advancements in iPSC technology. iPSCs are derived from adult cells through reprogramming, resulting in pluripotent stem cells that have similar characteristics to embryonic stem cells. These cells can self-renew and differentiate into different cell types within the body, excluding those found in extra-embryonic tissues such as the placenta.

The increased interest in personalized medicine and the surge in healthcare expenditures are all factors that can contribute to the growth of this market. However, certain factors, such as the high cost associated with stem cell therapies, are hindering the growth of the European induced pluripotent stem cells (iPSCs) market. Currently, stringent rules and regulations surrounding iPSCs and the issue of genomic instability are key challenges.

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Stem cells possess the ability to undergo reprogramming and subsequent differentiation, enabling them to transform into specific cell types. Ongoing research on stem cell development and differentiation focuses on three crucial aspects. Induced pluripotent stem cells (iPSCs) can generate neuroepithelia and functionally appropriate neuronal types. Secondly, iPSC lines may exhibit unique epigenetic characteristics and a predisposition to generate cells belonging to a specific lineage. Lastly, once a cell type, such as an adult fibroblast, has fully matured, iPSCs derived from it may retain a genetic "memory" of the primary cell type, making complete reprogramming challenging.

Europe Induced Pluripotent Stem Cell (iPSC) Market Report Highlights

• ·The Cardiomycocytes segment has dominated market is experiencing fastest growth due to its capacity to generate cardiomyocyte tissue, capable of stimulating heart contractions, presents opportunities for advancements in regenerative research.
• ·The cell culture segment has dominated and is poised for substantial expansion with a significant CAGR over the projected period owing to its wide applications and progress in stem cell research such as regenerative medicine, drug discovery, and toxicity testing
• Germany is currently at the forefront of the Induced Pluripotent Stem Cell (iPSC) market in Europe, owing to its global technology hub and strong emphasis on innovation and research and development.
• The key market players include Charles River Laboratories International, Inc., Corning Incorporated, FUJIFILM Corporation, Horizon Discovery Ltd., LumaCyte, R & D Systems, Inc., REPROCELL Inc., Takara Bio Inc., Thermo Fisher Scientific Inc., etc.

Polaris Market Research has segmented the Europe Induced Pluripotent Stem Cell (iPSC) market report based on derived cell, workflow, application and country:

Europe Induced Pluripotent Stem Cell (iPSC), Derived Cell Component Outlook (Revenue - USD Million, 2019 - 2032)

• Hepatocytes
• Fibroblasts
• Neural Cells

• Excitatory Neurons
• Inhibitory Neurons

• Amniotic Cells
• Cardiomyocytes
• Others

Europe Induced Pluripotent Stem Cell (iPSC), Workflow Outlook (Revenue - USD Million, 2019 - 2032)

• Reprogramming
• Cell Culture
• Cell Characterization / Analysis
• Engineering
• Others

Europe Induced Pluripotent Stem Cell (iPSC), Application Outlook (Revenue - USD Million, 2019 - 2032)

• Manufacturing
• Academic Research
• Drug Development & Discovery
• Toxicity Screening
• Regenerative Medicine

Europe Induced Pluripotent Stem Cell (iPSC), Country Outlook (Revenue - USD Million, 2019 - 2032)

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands
• Rest of Europe

Europe Induced Pluripotent Stem Cell (iPSC) Market Report Scope