Induced Pluripotent Stem Cells Market Size and Share

Induced Pluripotent Stem Cells Market (2025 - 2030)
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Induced Pluripotent Stem Cells Market Analysis by Mordor Intelligence

The induced pluripotent stem cells market size is estimated at USD 2.36 billion in 2025, and is expected to reach USD 3.82 billion by 2030, at a CAGR of 10.12% during the forecast period (2025-2030). Gains arise from clinical-grade manufacturing advances, growing therapeutic approvals and increasing regulatory support for cell-based products. North America continues to invest heavily through the National Institutes of Health (NIH) Regenerative Medicine Program, while Japan’s expedited review pathway is catalyzing Asia-Pacific growth.[1]Source: Smriti Mallapaty, “Japan’s Big Bet on Stem-Cell Therapies,” Nature, nature.com Pharmaceutical companies use iPSC models to cut late-stage trial failures, and breakthrough Parkinson’s and corneal regeneration trials have validated clinical relevance. Cost-efficient biomanufacturing platforms, artificial-intelligence-enabled quality controls and broader cross-sector consortia further accelerate market momentum.

Key Report Takeaways

  • By derived cell type, cardiomyocytes led with 28.94% revenue share in 2024; neurons are forecast to expand at an 11.13% CAGR through 2030.  
  • By application, drug discovery held 40.23% of the Induced pluripotent stem cells market size in 2024, while regenerative medicine is advancing at a 12.43% CAGR to 2030.  
  • By end user, pharmaceutical and biotechnology companies accounted for a 58.79% share of the Induced pluripotent stem cells market size in 2024; academic and research institutes record the quickest growth at 12.85% CAGR.  
  • By geography, North America captured 37.51% of the Induced pluripotent stem cells (iPSCs) market share in 2024, whereas Asia-Pacific is projected to post a 12.32% CAGR to 2030.

Segment Analysis

By Derived Cell Type: Cardiomyocytes Lead Therapeutic Applications

Cardiomyocytes captured 28.94% of total 2024 revenue, positioning them as the anchor for safety pharmacology and nascent heart-repair therapies. This dominance is tied to strict regulatory focus on drug-induced cardiotoxicity and to promising engineered-heart-muscle grafts that restored contractility in primate studies. The Induced pluripotent stem cells (iPSCs) market size for cardiomyocytes is projected to grow steadily in proportion to the expanding pipeline of biologics requiring rigorous cardiac screening. Neurons form the fastest-rising segment, advancing at an 11.13% CAGR as spinal-cord and Parkinson’s trials underline disease-modifying capacity. Hepatocytes remain indispensable for microsomal metabolism studies, while fibroblasts and keratinocytes support tissue-repair research in dermal and musculoskeletal fields.

Manufacturing advances underpin wider distribution of functionally mature cardiomyocytes, including automated maturation protocols that align electrophysiology with adult-like phenotypes. Neuronal lineage protocols benefit from refined patterning factors that yield subtype-specific populations suitable for high-content screening. Availability of curated cell banks via the European Bank for Induced Pluripotent Stem Cells assures reproducibility across laboratories. As chemistries to purge undifferentiated cells improve, lot-release hurdles ease, broadening commercial uptake across the Induced pluripotent stem cells (iPSCs) market.

Market Share
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Get Detailed Market Forecasts at the Most Granular Levels
Download PDF

By Application: Drug Discovery Dominance Amid Regenerative Medicine Surge

Drug discovery accounted for 40.23% of 2024 sales. High-throughput studies that combine robotic plate handlers, optical mapping and calcium-flux analytics rely on standardized iPSC panels to expedite hit-to-lead workflows. The Induced pluripotent stem cells (iPSCs) market size tied to discovery is forecast to see incremental expansion as global R&D expenditure rises. Regenerative medicine, growing at 12.43% CAGR, is propelled by real-world patient successes, such as insulin-producing cell implants reversing glycemic instability. Disease-modeling contracts generate steady demand from rare-disease foundations seeking patient-specific insights, whereas toxicity testing gains ground through mandatory in vitro cardiac and hepatic safety panels.

Scale-up efficiencies and refined cryopreservation reagents help reduce cost per dose, particularly for allogeneic regenerative medicine platforms. Concurrently, AI-assisted image analytics shorten assay readouts, allowing more compounds per budget cycle. These synergies tighten integration of discovery and therapy business lines, reinforcing recurring revenue profiles for suppliers across the Induced pluripotent stem cells (iPSCs) market.

By End User: Pharmaceutical Sector Leadership with Academic Growth

Pharmaceutical and biotechnology firms maintained 58.79% revenue share in 2024 as regulatory obligations for human-relevant assays intensified. Their in-house and outsourced screens span cardiac, neuronal and hepatic panels, creating predictable bulk-volume orders. Academic and research institutions, however, show a 12.85% CAGR, reflecting broad grant funding and open-science commitments that encourage custom lineage generation and disease-model repositories. Contract research organizations bridge capability gaps for smaller biotechs, while hospitals and specialty clinics implement pilot autologous transplants for compassionate-use cases. 

Public-sector initiatives such as the NIH Common Fund’s clinical-grade iPSC core lower entry barriers by providing validated lines and protocols. European reference centers deploy centralized quality-control frameworks to harmonize multi-site trials, boosting confidence among ethics boards. As universities license novel differentiation pathways, royalty streams emerge, broadening the Induced pluripotent stem cells (iPSCs) industry revenue model beyond traditional reagent sales.

Market Share
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Note: Segment shares of all individual segments available upon report purchase

Get Detailed Market Forecasts at the Most Granular Levels
Download PDF

Geography Analysis

North America controlled 37.51% of 2024 revenue, supported by NIH allocations and an active venture-capital ecosystem. Regional hospitals hosted pivotal first-in-human Parkinson’s and cardiomyopathy trials, demonstrating translational leadership. The FDA’s progressive guidance on alternative methods accelerated uptake of in vitro panels, deepening domestic demand. Despite this, high labor and facility costs prompt firms to outsource certain manufacturing steps to lower-cost jurisdictions.

Asia-Pacific is projected to expand at a 12.32% CAGR to 2030, buoyed by Japan’s fast-track approvals and significant sovereign funding. China deploys provincial subsidies for GMP plant construction, while South Korea leverages electronics-grade automation expertise to scale closed-system bioreactors. The Induced pluripotent stem cells market has thus seen cross-border alliances where North American developers license clinical candidates to Japanese partners for rapid path-to-market access.

Europe remains a mature but cautious participant. The European Medicines Agency has issued detailed advanced-therapy guidelines that safeguard patient safety yet prolong dossier preparation. Harmonized test-method consortia, backed by the European Bank for Induced Pluripotent Stem Cells, maintain scientific leadership. However, constrained reimbursement landscapes hinder broad clinical adoption, compelling firms to prioritize proof-of-concept studies. Emerging regions—including the Middle East, Africa and South America—display pockets of interest, particularly in ophthalmology, but infrastructural gaps and nascent regulation limit immediate commercial scale within the Induced pluripotent stem cells (iPSCs) market.

CAGR (%)
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Get Analysis on Important Geographic Markets
Download PDF

Competitive Landscape

The market exhibits moderate concentration. FUJIFILM Cellular Dynamics operates high-throughput lines capable of producing billions of iPSC-derived cells daily for pharmaceutical clients, providing an economies-of-scale moat. Fate Therapeutics commands a sizeable intellectual-property position with more than 500 patents covering engineered CAR-iNK and CAR-T assets. Century Therapeutics’ Allo-Evasion platform addresses immune rejection challenges, seeking first-mover advantage in off-the-shelf oncology indications.

Strategic collaborations shape the landscape. Lonza integrates cell-and-gene modalities into its service umbrella, offering end-to-end development support. Terumo partners with CiRA Foundation to automate large-scale reprogramming, targeting cost parity with biologics. Teknova and Pluristyx co-launched PluriFreeze to simplify cold-chain logistics, potentially unlocking broader global shipment of clinical-grade doses.

White-space opportunities persist in AI-driven in-line quality analytics, chemical reprogramming kits and rare-cell subtype libraries. Firms able to validate scalable, GMP-compliant chemical induction routes may disrupt current lentiviral and Sendai-virus methods, addressing residual safety concerns. Market entry barriers remain high due to capital intensity, rigorous regulatory oversight and the need for multi-disciplinary expertise, yet first-movers that can streamline cost and demonstrate compelling clinical efficacy are set to expand share in the Induced pluripotent stem cells (iPSCs) market.

Induced Pluripotent Stem Cells Industry Leaders

  1. Axol Bioscience Ltd.

  2. Evotec SE

  3. FUJIFILM Cellular Dynamics, Inc.

  4. Ncardia BV

  5. Cynata Therapeutics Ltd.

  6. *Disclaimer: Major Players sorted in no particular order
Induced Pluripotent Stem Cells Market Concentration
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Need More Details on Market Players and Competitors?
Download PDF

Recent Industry Developments

  • March 2025: Pluristyx and Teknova launched the PluriFreeze cryopreservation system to improve iPSC storage and shipping efficiency.
  • June 2024: FUJIFILM presented expanded iPSC technology offerings at the BIO International Convention, highlighting scale-up readiness.
  • May 2024: Cambridge Bioscience partnered with Axol Bioscience to distribute specialized iPSC-derived cell products across the UK and Ireland.

Table of Contents for Induced Pluripotent Stem Cells Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Increase in global R&D funding for iPSC-based drug discovery
    • 4.2.2 Growing prevalence of chronic & degenerative diseases spurring regenerative‐therapy demand
    • 4.2.3 Continuous technological advances in iPSC reprogramming & differentiation platforms
    • 4.2.4 Increasing pharmaceutical adoption of iPSC models for high-throughput drug screening & toxicity testing
    • 4.2.5 Expansion of cross-sector (academia–industry) consortia accelerating clinical translation
    • 4.2.6 Government funding programs and favorable policies supporting regenerative medicine initiatives
  • 4.3 Market Restraints
    • 4.3.1 Persistently high manufacturing costs and limited scalability of GMP-grade iPSC production
    • 4.3.2 Complex, evolving global regulatory frameworks for cell‐based therapeutics
    • 4.3.3 Safety concerns around genetic instability, tumorigenicity, and long-term efficacy
    • 4.3.4 Limited reimbursement pathways and insufficient cost-benefit evidence hindering widespread adoption
  • 4.4 Regulatory Landscape
  • 4.5 Porter’s Five Forces Analysis
    • 4.5.1 Threat of New Entrants
    • 4.5.2 Bargaining Power of Buyers
    • 4.5.3 Bargaining Power of Suppliers
    • 4.5.4 Threat of Substitutes
    • 4.5.5 Intensity of Competitive Rivalry

5. Market Size & Growth Forecasts (Value)

  • 5.1 By Derived Cell Type
    • 5.1.1 Cardiomyocytes
    • 5.1.2 Neurons
    • 5.1.3 Hepatocytes
    • 5.1.4 Fibroblasts
    • 5.1.5 Keratinocytes
    • 5.1.6 Other Cell Types
  • 5.2 By Application
    • 5.2.1 Drug Discovery and Development
    • 5.2.2 Disease Modeling
    • 5.2.3 Toxicity Testing
    • 5.2.4 Regenerative Medicine
    • 5.2.5 Cell Therapy
    • 5.2.6 Tissue Engineering
    • 5.2.7 Other Applications
  • 5.3 By End User
    • 5.3.1 Academic and Research Institutes
    • 5.3.2 Pharmaceutical and Biotechnology Companies
    • 5.3.3 Contract Research Organizations
    • 5.3.4 Hospitals and Specialty Clinics
    • 5.3.5 Other End Users
  • 5.4 By Geography
    • 5.4.1 North America
    • 5.4.1.1 United States
    • 5.4.1.2 Canada
    • 5.4.1.3 Mexico
    • 5.4.2 Europe
    • 5.4.2.1 Germany
    • 5.4.2.2 United Kingdom
    • 5.4.2.3 France
    • 5.4.2.4 Italy
    • 5.4.2.5 Spain
    • 5.4.2.6 Rest of Europe
    • 5.4.3 Asia Pacific
    • 5.4.3.1 China
    • 5.4.3.2 Japan
    • 5.4.3.3 India
    • 5.4.3.4 Australia
    • 5.4.3.5 South Korea
    • 5.4.3.6 Rest of Asia Pacific
    • 5.4.4 Middle East and Africa
    • 5.4.4.1 GCC
    • 5.4.4.2 South Africa
    • 5.4.4.3 Rest of Middle East and Africa
    • 5.4.5 South America
    • 5.4.5.1 Brazil
    • 5.4.5.2 Argentina
    • 5.4.5.3 Rest of South America

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products & Services, and Recent Developments)
    • 6.3.1 FUJIFILM Cellular Dynamics, Inc.
    • 6.3.2 Thermo Fisher Scientific, Inc.
    • 6.3.3 Takara Bio Inc.
    • 6.3.4 Fate Therapeutics Inc.
    • 6.3.5 Ncardia BV
    • 6.3.6 Axol Bioscience Ltd.
    • 6.3.7 Cynata Therapeutics Ltd.
    • 6.3.8 Evotec SE
    • 6.3.9 ViaCyte Inc.
    • 6.3.10 Sumitomo Pharma Co. Ltd.
    • 6.3.11 Lonza Group AG
    • 6.3.12 Century Therapeutics
    • 6.3.13 BlueRock Therapeutics
    • 6.3.14 BrainXell Inc.
    • 6.3.15 Stemcell Technologies Inc.
    • 6.3.16 Pluricell Biotech
    • 6.3.17 ReproCELL Inc.
    • 6.3.18 Applied StemCell Inc.
    • 6.3.19 Cellular Dynamics International (CDI)

7. Market Opportunities & Future Outlook

  • 7.1 White-space & Unmet-need Assessment
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Research Methodology Framework and Report Scope

Market Definitions and Key Coverage

Our study defines the induced pluripotent stem cells (iPSC) market as the value generated from products, services, and enabling technologies that reprogram adult somatic cells to a pluripotent state and subsequently differentiate them into lineage-specific cells for research, screening, and therapeutic use. According to Mordor Intelligence, figures include revenues from cell lines, culture media, reprogramming kits, downstream analytical tools, and fee-based manufacturing services purchased by laboratories, biopharma firms, and academic centers worldwide.

Scope exclusion: Embryonic, adult, and hematopoietic stem cell products that do not pass through an iPSC reprogramming step are excluded.

Segmentation Overview

  • By Derived Cell Type
    • Cardiomyocytes
    • Neurons
    • Hepatocytes
    • Fibroblasts
    • Keratinocytes
    • Other Cell Types
  • By Application
    • Drug Discovery and Development
    • Disease Modeling
    • Toxicity Testing
    • Regenerative Medicine
    • Cell Therapy
    • Tissue Engineering
    • Other Applications
  • By End User
    • Academic and Research Institutes
    • Pharmaceutical and Biotechnology Companies
    • Contract Research Organizations
    • Hospitals and Specialty Clinics
    • Other End Users
  • By Geography
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • United Kingdom
      • France
      • Italy
      • Spain
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Australia
      • South Korea
      • Rest of Asia Pacific
    • Middle East and Africa
      • GCC
      • South Africa
      • Rest of Middle East and Africa
    • South America
      • Brazil
      • Argentina
      • Rest of South America

Detailed Research Methodology and Data Validation

Primary Research

Mordor analysts interview GMP cell-manufacturing directors, academic PIs, supply-chain managers, and regulatory advisors across North America, Europe, and Asia-Pacific. These conversations test price points for clinical-grade batches, typical success rates in reprogramming, and adoption intentions so that we refine desk findings and close data gaps before final triangulation.

Desk Research

We begin with a structured sweep of open datasets such as US NIH RePORTER grant logs, FDA RMAT designations, European Medicines Agency ATMP registers, OECD R&D spending tables, and clinical-trial postings that track iPSC pipelines. Statistical yearbooks from the World Health Organization, customs trade codes for pluripotent stem cell reagents, and publications in PubMed and Nature Biotechnology complement the view. Commercial signals are drawn from company 10-Ks, investor decks, and D&B Hoovers subscriber feeds (for revenue splits), while Dow Jones Factiva screens business news for investment rounds and acquisitions. This source list is illustrative, not exhaustive, as many additional references guide data checks.

Market-Sizing & Forecasting

A top-down construct links national biomedical R&D outlays and translational grant pools to estimated iPSC demand pools, followed by adjustment through sampled average selling price times volume data from supplier interviews. Bottom-up cross-checks include roll-ups of publicly reported reagent sales, contract manufacturing capacity utilization, and select hospital procurement audits. Key model drivers are: 1) average reprogramming efficiency, 2) clinical trial enrollments using iPSC-derived cells, 3) grant inflow to disease-modeling projects, 4) GMP facility start-ups, and 5) price erosion curves for high-volume cardiomyocyte and neuron lots. Forecasts employ multivariate regression linked to these drivers, complemented by ARIMA smoothing for short-term fluctuations. Assumption gaps in bottom-up samples are bridged with regional import data and validated expert ranges.

Data Validation & Update Cycle

Outputs pass variance scans against independent metrics, and anomalies trigger analyst re-checks. Senior reviewers sign off only after multi-step peer review. We refresh every twelve months, yet interim updates activate when material events, such as major approvals, supply shocks, or currency swings, shift fundamentals; a final validation pass is completed just before release.

Why Mordor's Induced Pluripotent Stem Cells Baseline Earns Early Trust

Published estimates differ because firms pick unique scopes, base years, and uptake curves. Some count only reagent sales, whereas others mix in organoid platforms or broader stem-cell therapy revenues.

Key gap drivers include varying inclusion of Asia-Pacific service contracts, divergent price-decline assumptions for cardiomyocyte lots, and refresh cadences that may lag fast pipeline progress. Mordor's disciplined annual refresh and dual-approach model mitigates these variances, yielding the dependable baseline clients need.

Benchmark comparison

Market Size Anonymized source Primary gap driver
USD 2.36 B (2025) Mordor Intelligence -
USD 1.84 B (2024) Global Consultancy A Excludes Asia service revenues; relies mainly on company revenue roll-ups
USD 1.93 B (2024) Industry Publication B Treats organoid platforms as separate sub-market, trimming core iPSC value
USD 1.60 B (2025) Regional Consultancy C Conservative adoption rates and limited hospital R&D capture

The comparison shows that differing scopes and aging assumptions drive most gaps, while our regularly updated, variable-anchored framework delivers a transparent, reproducible starting point for strategy and investment planning.

Need A Different Region or Segment?
Customize Now

Key Questions Answered in the Report

What factors are encouraging pharmaceutical companies to replace animal models with iPSC-based assays?

IPSC platforms better mimic human biology, improve prediction of drug toxicity, and reduce late-stage clinical failures—delivering tangible savings in development time, resources, and regulatory risk.

How are regulatory agencies influencing adoption of iPSC technologies?

Agencies in the United States, Europe, and Japan have issued guidance that recognizes iPSC models as acceptable alternatives for safety testing and have created expedited review pathways for cell-based products, giving developers added confidence to invest.

Which iPSC-derived cell types are most sought after by drug developers and why?

Cardiomyocytes, neurons, and hepatocytes are in highest demand because they address critical safety endpoints—cardiotoxicity, neurotoxicity, and metabolism—that historically account for many drug candidate failures.

What manufacturing innovations are easing cost and scalability barriers in iPSC production?

Automated closed-system bioreactors, AI-assisted quality-control analytics, and standardized off-the-shelf GMP cell lines are reducing labor requirements, shortening production cycles, and improving batch consistency.

How are academic–industry partnerships accelerating clinical translation of iPSC therapies?

Consortia combine academic discovery with industrial GMP expertise, enabling faster protocol optimization, shared infrastructure, and streamlined regulatory documentation, thereby shortening the bench-to-bedside timeline.

What principal safety concerns do regulators monitor for iPSC-derived products?

Authorities focus on genetic instability, residual undifferentiated cells that could form tumors, and long-term functional durability, requiring rigorous characterization and release testing before clinical use.

Page last updated on:

Induced Pluripotent Stem Cells Report Snapshots