Induced Pluripotent Stem Cell (iPSC) Market
The Induced Pluripotent Stem Cell (iPSC) market involves the production and application of specialized stem cells for therapeutic research and development. Key customers are pharmaceutical companies, biopharmaceutical firms, and academic research institutions that use iPSCs for advanced drug development, toxicity screening, and regenerative medicine. The market's growth is primarily driven by an aging global population, the rising prevalence of chronic diseases, and continuous advancements in biomedical research and development.
CAGR
10%
Compound Annual Growth Rate
Current Value
$2.21B
Estimated 2026
Projected Value
$4.74B
By 2034
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