Global Stem Cell Therapy Market is set to witness a healthy growth of 17% in the upcoming 5 years

BRUSSELS - Dec. 27, 2021 - PRLog -- Stem cells are the body's raw materials. They are unspecialized cells that have ability to renew themselves through mitotic cell division and differentiate into a diverse range of specialized cell types. They are critical for the development, growth, maintenance and repair of bones, muscles, blood, brain, nerves, skin and other organs.  There are several sources of stem cells:

• Embryonic Stem Cells: These stem cells come from embryos that are three to five days old. These are pluripotent stem cells and can be used to regenerate or repair diseased tissues and organs
• Adult Stem Cells: These stem cells are found in most adult tissues (bone marrow or fat) in small numbers. As compared to embryonic stem cells, they have more limited ability to give rise to various cells of the body
• Induced Pluripotent Stem Cells: Using genetic reprogramming, adult cells are transformed by scientists into stem cells that act similar to embryonic stem cells
• Perinatal Stem Cells: These stem cells are found in amniotic fluid & umbilical cord blood. They have the ability to change into specialized cells

Other areas/indications where stem cell therapies are being used are:

• For the treatment of knee cartilage defects in patients with Osteoarthritis (OA)
• For the treatment of Crohn's fistula
• For regeneration of subcutaneous adipose tissue
• For the treatment of ALS (Amyotrophic Lateral Sclerosis)

Future Outlook of Stem Cell Therapy Market

Stem cell therapy could be the medical innovation of the century. It has emerged as a promising new approach in almost every medicine specialty. Despite an enormous amount of research being undertaken, there are still limited safe and effective treatments available to patients. This is partially because complex diseases which are currently incurable require complex treatments and a personalized approach.

However, the future growth prospects of stem cell therapy market look's promising as there are several ongoing and completed clinical trials involving stem cells which are showcasing positive outcomes.

Stem cell therapies are increasingly being seen as the transformative step in treating conditions with unmet needs. This, coupled with growing investment in the sector and an increasing number of stem cell donors is expected to drive the global Stem Cell Therapy market forward in the coming years.

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