Stem cells are a special category of cells in multicellular organisms that have the ability to differentiate into multiple cells through the process of mitosis. The global stem cells market has immense potential for growth, especially in the medical field, as governments have been focusing on dedicated clinical activities.
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Therapeutic research activities boosting the stem cells market
There has been growing awareness across regions regarding the importance of stem cells and stem cell banking services, significance of stem cells in drug discovery and development, and regenerative treatment options. This, backed by government support, has triggered a spurt in therapeutic research activities in the field of stem cells, thereby driving the global market. Rising number of patients with neurodegenerative disorders, growing trend of replacing animal tissue in drug discovery, and an expanding contract research i