Stem Cell Therapy Market Size, Share, Growth, Forecast, 2031

Stem cell therapy Market to surpass USD 27.94 billion by 2031 from USD 11.43 billion in 2021 at a CAGR of 13.4% in the coming years, i.e., 2021-31.

Stem cells, which can proliferate and develop into almost any cell type in the body, are used in surgery and medicine. The stem cell is the source of all cells in the human body. It can replicate itself as well as heal and replace damaged tissues in the human body. Stem cell therapy is a relatively simple procedure that avoids the risks associated with invasive surgical procedures. Furthermore, stem cell therapy uses cells derived from the patient's own body, lowering the risk of immunological rejection. Stem cell therapy is also referred to as regenerative medicine or focal point therapy. Stem cell therapies are also used to treat a variety of chronic illnesses, such as cancer and blood disorders.