Growing Awareness amongst Individuals on Benefits of Stem Cells to Fuel Global Induced Pluripotent Stem Cells Market

Brooklyn, NY, Sept. 13, 2016 (GLOBE NEWSWIRE) —

The first section of the report presents an overview of induced pluripotent stem cells. This section encapsulates the specifications, definition, and classification of induced pluripotent stem cells. Pluripotent stem cells refer to embryonic stem cells that have the ability to make each and every kind of adult cell types. They also help repair the damaged tissues in the body of human beings. An induced pluripotent stem cell is extracted from any tissue, primarily from blood or skin of an adult or child after which it is genetically modified in order for it to behave like embryonic stem cells or pluripotent stem cells.

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In the following section of the study, the segmentation of the market has been presented. On the basis of product type, the report categorizes the market into fetal sources, adult sources, and others. By application, the report segments the induced pluripotent stem cells market into autoimmune diseases, tissue repair damage, hematopoietic stem cell transplantation, and as gene therapy victors. By geography, the market is segmented into Europe, North America, Southeast Asia, China, Japan, and India.

Moving further, an extensive evaluation of the factors fuelling and restraining the development of the market has been presented. The ability of induced pluripotent stem cells to form any tissue or cell that might be required by the body to fight against a broad range of diseases such as spinal cord injury, leukemia or heart disease, and diabetes will fuel the growth of the overall market.

In addition, the increasing funding activities by private sectors and governments globally in favor of induced pluripotent stem cells will drive growth of the market. Furthermore, the growing awareness amongst individuals on the benefits of stem cells will positively impact the development of the market. On the other hand, the skyrocketing costs expended in reprogramming of cells will inhibit the development of this market in the coming years.

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In the last part of the report, the prime manufacturers operating in the global induced pluripotent stem cells have been presented. These manufacturers have been analyzed in terms of company profile, product specification, and product picture. Axiogenesis, Cellectics, Cellular Dynamics

Fate Therapeutics, Iperian, Lonza, Reprocell, Stemgent, and System Biosciences, among others, are the leading players in the market, as per this study.

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