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By definition, stem cells are called as undifferentiated cells that can differentiate and represent themselves as any type of cell in the human body (totipotent). They are one of the specialized cells in the body that make up for all the tissues and organs. 


Stem cells have revolutionized the pharmaceutical industry with its potential qualities because of their latent feature of replacing damaged or defective cells that occur from a variety of injuries and disorders, leading to a wide range of regenerative therapies. 


Stem cells are valued as research tools in the industry of pharmaceutical and healthcare. Many researchers and scientists use stem cells for their in vitro study to learn more about the development and causes of specific diseases and understand the function of organs in the body. 


The research and experimentation of stem cells have been around in the industry for a few decades. Their characteristic to replicate and divide has raised unique possibilities in the interest of commercial as well as medical industrial applications. These applications vary from tissue regeneration, reversal or treatment of disease, pharmacological testing on cell-specific tissues, to target cell therapy, tissue, and more. 


The expansion of stem cell research and development market has expanded to meet the increasing demands. According to the statistics, there are more than one million stem cell researchers in 179 different countries worldwide, with an additional of 17 stem cell product companies constantly growing and discovering new therapies at a 6-fold increase rate. In 2012 the global market for stem cell products was estimated to be $4.3 billion and this figure is further estimated to reach $6.6 billion by 2016, with an increasing compound annual growth rate (CAGR) of 11.7% from the period 2011 to 2016. 


In summary and from every economic standpoint, entering and involving into the stem cell research market is fiscally worthwhile. ResearchMoz helps you gain invaluable insights into the stem cell research market and development offering the most promising market analysis, figures, forecasts, and lucrative research information related to this field among the domestic as well as international markets.