Stem Cell Research Market in India 2014
report analyses how stem cell therapy is gaining importance in India as
consumers realize the various benefits it offers. Stem cells can be used to
cure a number of diseases, including cancer and neurological disorders such as
Parkinson’s disease, among others. The number of parents opting for stem cell
storage is also rising as they want to store their baby’s cord blood stem cells
for present and future use. Currently, the market is dominated by private banks
offering stem cell storage facilities, with a few of them even reducing their
prices in order to make the process more affordable for a larger number of
people.
The main driving factors for this market comprise
the liberal regulatory environment and the rise in the number of patients
suffering from chronic diseases. Government and industry bodies are working
towards developing the market by providing various incentives in this
direction. With stem cell research being a capital-intensive process, the
primary challenge for the market centers on the huge cost of storing stem
cells. Apart from research organizations, many stem cell banks are also
involved in R&D of stem cell therapy in India. New trends such as public
and private partnerships and EMI schemes offered by stem cell banks are crucial
future driving factors for this market.
Spanning
over 108 pages, “Stem Cell Research
Market in India 2014” report covering the Executive Summary, Macroeconomic
Indicators, Introduction, Market Overview, Drivers & Challenges, Market
Value Chain, Market Trends, Potential Stem Cell Sources, Government
Participation, Competitive Landscape, Research Organizations, Recent
Developments, Strategic Recommendations, Appendix. This report Covered 15
Companies - Apollo Hospitals Enterprise Ltd., Columbia Asia Hospital Pvt. Ltd.,
Cyrobanks International India Private Limited, LifeCell International Private
Limited, Reliance Life Sciences Private Limited, Stemone Biologicals Private
Limited, Stempeutics Research Private Limited, Cord Life, All India Institute
of Medical Sciences (AIIMS) Stem Cell Facility, Centre for Cellular and
Molecular Biology (CCMB), International Consortium of Stem Cell Networks
(ICSCN), L V Prasad Eye Institute, National Centre for Biological Sciences (NCBS),
National Centre for Cell Science (NCCS), Nichi-In Centre for Regenerative
Medicine (NCRM).
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at
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