Aforementioned Factors are expected to bolster the Mesenchymal Stem Cells Market Growth over the Forecast Period

 

Mesenchymal Stem Cells Market
Mesenchymal Stem Cells Market

According to Osteoporosis Canada, approximately 1 in 5 men and 1 in 3 women experience an osteoporotic fracture during their lifetime, and approximately 70 to 90% of the 30,000 hip fractures that occur each year are caused by osteoporosis. In 2012, the cost of treating osteoporosis in Canada was approximately US$ 4.0 billion, and it is anticipated that this cost will increase in the coming years. Additionally, 9.0 million people worldwide experience osteoporosis fractures each year, according to the International Osteoporosis Foundation (IOF). Over the forecast period, the aforementioned factors are anticipated to support the market growth for mesenchymal stem cells.

Due to the rapid expansion of technological innovations, high disposable incomes, and the well-equipped healthcare facilities, North America and Asia Pacific are predicted to hold the largest market shares, followed by Europe. These factors will contribute to the growth and development of the Mesenchymal Stem Cells market. The market for MSCs is predicted to grow faster as a result of the transplantation of new mesenchymal stem cells into cancer patients.

Cancer is the second leading cause of death worldwide, accounting for approximately 9.6 million deaths in 2018, according to the World Health Organization (WHO) 2018 Factsheet. According to the European Journal of Cancer, there were more than 3.9 million new cases of cancer in Europe in 2018 and roughly 1.9 million cancer-related deaths. While breast cancer was the fourth most common cause of cancer-related deaths in the Asia Pacific region in 2012, accounting for about 9% of all cancer-related deaths in the region, according to the National Center for Biotechnology Information (NCBI), with an estimated 18.0% of female cases.

Comments

Post a Comment

Popular posts from this blog

The Role of the Foodservice Industry in Driving the French Fries Market

Image
  French Fries Market The food service industry plays a significant role in driving the French fries market, contributing to its growth and popularity worldwide. From fast food chains to restaurants, cafes, and even food trucks, the food service sector heavily relies on French fries as a staple menu item, thereby fueling the demand for this popular snack. One key aspect of the food service industry's impact on the French fries market is its ability to introduce and popularize French fries among consumers. Fast food chains, in particular, have played a crucial role in making French fries a ubiquitous and easily recognizable item on menus worldwide. These chains have an extensive reach, powerful marketing strategies, and a loyal customer base, enabling them to drive consumer preferences and shape market trends. As a result, French fries have become deeply ingrained in fast food culture, contributing to their widespread consumption. Restaurants and food establishments also play a
Read more

Market Share and Revenue Analysis of the Microdermabrasion Devices Market

Image
Microdermabrasion Devices Market   The microdermabrasion devices market has witnessed significant growth in recent years, driven by the increasing demand for non-invasive cosmetic procedures and the growing emphasis on skincare. Analyzing the market share and revenue of key players is crucial for understanding the competitive landscape and identifying growth opportunities within the industry. The market share of microdermabrasion device manufacturers is influenced by several factors, including product offerings, brand reputation, distribution networks, and strategic partnerships. Established players such as Johnson & Johnson Services Inc., Silhouet-Tone, Advanced Microderm, Dermaglow, and Altair Instruments Inc. have established a strong presence in the market, leveraging their extensive product portfolios and brand recognition to capture a significant share. Market share can vary across regions, with different players dominating in different geographical areas. For example, a
Read more

The Growing Demand for Healthcare Staffing Market: Trends and Opportunities

Image
  Healthcare Staffing Market The healthcare industry is experiencing a growing demand for staffing solutions as organizations face challenges in meeting their workforce needs. The healthcare staffing market is expanding to bridge the gap between the demand for healthcare professionals and the available workforce. Several trends and opportunities are emerging within this market, creating a dynamic landscape. One of the key drivers of the growing demand for healthcare staffing Market is the increasing complexity of healthcare services. Advances in medical technology, evolving treatment modalities, and the rise of specialized fields such as telemedicine and genomics require a diverse range of skilled professionals. As a result, healthcare organizations are turning to staffing agencies to find qualified individuals who can meet these specialized needs. Another trend is the rising demand for long-term care services. As the global population ages, there is an increasing need for healthc
Read more