Title: The Induced Pluripotent Stem Cells Market To Take An Upward Turn In The Next Decade
1The Induced Pluripotent Stem Cells Market To Take
An Upward Turn In The Next Decade
Report Id PMRREP17968 Category Life Science
Healthcare
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3North America to remain dominant in the global
parenteral medical nutrition market
- This team in Hong Kong tested a drug named
PTC124 to suppress specific genetic mutations in
other genetic diseases into the iPSC transformed
heart muscle cells. While this technology is
being considered as a breakthrough in clinical
stem cell research, the team at Hong Kong
University is collaborating with drug companies
regarding its clinical application.In the present
research, hiPSC was synthesized from patients
suffering from a rare form of hereditary
cardiomyopathy owing to the mutations in Lamin
A/C related cardiomyopathy in their distinct
families. The affected individuals suffer from
sudden death, stroke, and heart failure at a very
young age. As on date, there is no exact
treatment available for this condition. - The unique properties of iPS cells provides
extensive potential to several biopharmaceutical
applications. iPSCs are also used in toxicology
testing, high throughput, disease modeling, and
target identification. - This type of stem cell has the potential to
transform drug discovery by offering
physiologically relevant cells for tool
discovery, compound identification, and target
validation. A new report by Persistence Market
Research (PMR) states that the global induced
pluripotent stem or iPS cell market is expected
to witness a strong CAGR of 7.0 from 2018 to
2026. In 2017, the market was worth US 1,254.0
Mn and is expected to reach US 2,299.5 Mn by the
end of the forecast period in 2026.
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4Market Segmentation
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