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The Asia-Pacific stem cell market is anticipated to rise with the fastest CAGR of 10.13% over the projected years of 2018-2026. Chronic diseases like cancers have seen a considerable rise in the Asia-Pacific region. As a result, the demand for stem cell market is further expected to rise in this region.
The China stem cell market contributed the highest revenue share in 2017. A growing elderly population and fundamental progress in clinical stem cell research are factors which are majorly driving this country's growth. The other countries analyzed in this report include India, Japan, South Korea and a few others in the rest of Asia-Pacific. Among these, a significant growth is expected from the Japan stem cell market. Japan currently plays a significant role in the cancer stem cells market in the Asia-Pacific region and the Japanese government is heavily investing in the healthcare industry in order to improve the healthcare facilities in the country.
Some of the leading players in this market are Stemedica Cell Technologies Inc, Cellular Engineering Technologies Inc, Biotime Inc, Kangstem Biotech Ltd, Becton Dickinson, Cytori Therapeutics, Cellular Dynamics International (Holding Company Fujifilm), Thermo Fisher Vericel Corporation, Fibrocell Science Inc, Brainstorm Cell Therapeutics, Takara Holdings Inc., and Ge Healthcare.