TechNavio recognizes the following companies as the key players in the Global Stem Cell Anticancer Therapeutics Market: Celgene Corp., Merck & Co. Inc., OncoMed Pharmaceuticals Inc., and Roche Holding AG
Commenting on the report, an analyst from TechNavio’s team said: “One of the main trends witnessed in the Global Stem Cell Anticancer Therapeutics market is the increase in industry activities. Cancer therapy apart from usual radiotherapy has entered into new era of stem cell therapy. Research is going on to recognize and isolate cancer stem cells with those of normal stem cells by using cell surface antigen markers. More intricate research work is needed to carry out reveal signalling pathways and functioning of different genes in process of carcinogenesis during cancer stem cell differentiation. This would help in development of new therapies which would help in elimination of eventual disease and recurrence. This trend is expected to have a strong impact on the growth of the market..”
According to the report, one of the main factors driving the market is the significant increase in the drug pipeline targeting cancer stem cells. These cells have the capacity to divide and give rise to new cancer stem cells through a process called self-renewal and have the ability to change into the other cells that form the bulk of the tumour.
Further, the report states that one of the main challenges is the lack of awareness in developing countries. Most of the patients in developing countries such as India and China are not fully aware of the recent developments in stem cell products and therapies.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Curis Inc., Exelixis Inc., Gamida Cell Ltd., Lonza Group, Pfizer Inc., Teva Pharmaceutical Industries Ltd., and Verastem Inc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-stem-cell-anticancer-therapeutics…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/healthcare-chemicals-food-retail
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