Stem Cells Market Size and Share

Stem Cells Market Analysis by Mordor Intelligence
The Stem Cells Market size is estimated at USD 19.15 billion in 2026, and is expected to reach USD 33.43 billion by 2031, at a CAGR of 11.79% during the forecast period (2026-2031).
The outlook is supported by expedited regulatory pathways, lower manufacturing costs from artificial-intelligence quality controls, and the shift toward scalable allogeneic platforms. Adult cells dominate revenue today, yet induced pluripotent stem cell (iPSC) protocols are scaling rapidly, opening off-the-shelf cardiac and neural therapies. Oncology indications remain the largest application area, but cardiovascular use cases are advancing fastest as late-stage trials confirm durable ventricular gains. Competitive intensity is rising as academic spinouts deploy CRISPR-edited allogeneic lines, while exosome products emerge as a parallel revenue stream.
Key Report Takeaways
- By product type, adult stem cells held 82.55% of 2025 revenue, while iPSCs are projected to expand at a 13.25% CAGR to 2031.
- By application, oncology disorders commanded 34.53% of 2025 revenue and cardiovascular therapies are forecast to post the fastest 14.85% CAGR to 2031.
- By treatment type, allogeneic therapies generated 53.63% of 2025 revenue, and autologous approaches are advancing at a 12.87% CAGR on point-of-care manufacturing gains.
- By end user, hospitals and surgical centers accounted for 40.33% of 2025 spending, whereas contract development and manufacturing organizations (CDMOs) are growing at 12.7% through 2031.
- By geography, North America captured 45.13% of 2025 revenue, and Asia-Pacific is projected to expand at a 12.51% CAGR to 2031.
Note: Market size and forecast figures in this report are generated using Mordor Intelligence’s proprietary estimation framework, updated with the latest available data and insights as of January 2026.
Global Stem Cells Market Trends and Insights
Drivers Impact Analysis
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| High Burden of Chronic & Degenerative Diseases | +2.8% | Global, strong in North America and Europe | Long term (≥ 4 years) |
| Rapidly Expanding Regenerative-Medicine Pipeline | +2.5% | North America, Europe, Asia-Pacific | Medium term (2-4 years) |
| Favorable Regulatory Acceleration Pathways | +2.1% | North America, Japan, Europe | Short term (≤ 2 years) |
| AI-Driven Cell Characterization Reducing COGS | +1.9% | Global, early uptake in North America and Europe | Medium term (2-4 years) |
| Surge in Exosome-Based Adjunct Therapies | +1.4% | North America, Asia-Pacific, spillover to Europe | Medium term (2-4 years) |
| Venture-Philanthropy Funding for Rare Diseases | +1.1% | North America, Europe, emerging in Asia-Pacific | Long term (≥ 4 years) |
| Source: Mordor Intelligence | |||
High Burden of Chronic & Degenerative Diseases
Cardiovascular disease caused 17.9 million deaths in 2024, underscoring demand for regenerative options that restore myocardial tissue rather than manage symptoms. Orthopedic uses are growing as mesenchymal stem cells delay joint replacements in patients under 60. Neurological programs are advancing, with dopaminergic neuron survival reaching 70% in 2025 transplantation studies. Payers are reassessing cost models because long-term care for degenerative diseases exceeds USD 1 trillion a year in the United States. Diabetes innovators are moving iPSC-derived beta cells into Phase II, aiming to end insulin dependence for select cohorts.
Rapidly Expanding Regenerative-Medicine Pipeline
Active clinical trials rose 34% from 2024 to 2025, hitting 412 on ClinicalTrials.gov. Allogeneic designs lead new starts as scalability outweighs patient-specific constraints. Fate Therapeutics reported an 8-percentage-point ejection-fraction gain at six months for iPSC-derived cardiomyocytes in 2025 Phase I data. Emergency authorizations in Japan and South Korea for acute respiratory distress syndrome cut mortality by 22%. Oncology pipelines now combine stem-cell-derived natural killer cells with CAR-T constructs to attack solid tumors. Exosome candidates have entered human trials for wound repair and inflammatory bowel disease, delivering paracrine signaling without live-cell infusion risk.
Favorable Regulatory Acceleration Pathways
The FDA awarded eight new Regenerative Medicine Advanced Therapy designations in 2024, unlocking rolling reviews and priority approvals[1]U.S. Food and Drug Administration, “Regenerative Medicine Advanced Therapy Designations,” fda.gov. Japan cleared three conditional products in 2025, trimming time-to-market by 4.2 years. The European Medicines Agency issued five positive opinions for stem cell therapies in 2025. China’s priority-review voucher cut review timelines from 18 to nine months for rare-disease indications. These mechanisms especially benefit autologous programs, where earlier commercial entry offsets individualized manufacturing costs.
AI-Driven Cell Characterization Reducing COGS
Machine learning now classifies cell populations with 96% accuracy, slashing labor costs 40% and shrinking lot-release testing from 72 hours to eight. Thermo Fisher’s 2024 roll-out of integrated AI counters lowered batch failure by 28%. Reinforcement learning lifted neural progenitor yields from 65% to 89%, cutting wastage. Meeting sub-USD 50,000 price points is vital for chronic indications; AI automation is central to those targets. CDMOs are embedding AI process analytics to meet FDA electronic-records rules, trimming validation by six months.
Restraints Impact Analysis
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Safety & Efficacy Uncertainties | -1.8% | Global, stringent in North America and Europe | Long term (≥ 4 years) |
| Restrictive Reimbursement Policies | -2.3% | North America, Europe, emerging Asia-Pacific | Medium term (2-4 years) |
| Supply-Chain Fragility in Viral-Vector Inputs | -1.5% | Global, acute in North America and Europe | Short term (≤ 2 years) |
| Lack of Global Harmonization on Analytics | -1.2% | Global, impacts multinational trials | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
Restrictive Reimbursement Policies
Medicare approved only two stem cell therapies beyond hematopoietic transplants from 2020 to 2025, leaving orthopedic and cardiovascular autologous options outside coverage. European payers discount future savings beyond five years, reducing perceived value of durable cures. U.S. private insurers demand real-world outcome data, disadvantaging rare-disease programs with small cohorts. Asia-Pacific markets lack outcomes-based contracts, dampening registrations in India and Southeast Asia. Capital flows into early-stage ventures tighten when payer acceptance lags regulatory success.
Supply-Chain Fragility in Viral-Vector Inputs
AAV capsid lead times reached 22 months in 2025 as demand outpaced capacity. Thermo Fisher and Merck KGaA announced USD 600 million in expansions, yet new lines will not come online until late 2027. Batch variability complicates regulatory filings, requiring extra potency assays. Smaller firms without long-term supply deals face trial delays of 18 months, eroding competitive positions. Concentration of manufacturing in Western markets introduces geopolitical risk during trade disputes.
Segment Analysis
By Product Type: iPSCs Gain Ground on Manufacturing Breakthroughs
iPSCs are projected to grow at a 13.25% CAGR to 2031, outpacing the stem cells market. Adult stem cells held 82.55% of 2025 revenue, supported by mesenchymal cells in orthopedic and wound applications. Hematopoietic grafts remain the clinical standard for blood cancers, totaling more than 25,000 allogeneic transplants in 2024[2]World Marrow Donor Association, “Annual Report 2024,” wmda.info. Neural programs showed 68% patient motor improvement in a 2025 Phase II study.
Takara Bio’s 2024 footprint-free reprogramming kit eased FDA concerns, speeding investigational approvals. Very-small embryonic-like cells remain preclinical. Exosome spin-outs such as Celularity reported positive Phase I data for acute respiratory distress syndrome in 2025. CRISPR-enabled universal-donor iPSC lines aim to cut cost-of-goods 60% and shorten processing from weeks to days.

Note: Segment shares of all individual segments available upon report purchase
By Application: Cardiovascular Therapies Accelerate on Functional Gains
Cardiovascular treatments lead growth at a 14.85% CAGR through 2031, driven by ventricular ejection-fraction gains unattainable with drugs. Oncology captured 34.53% of 2025 revenue via hematopoietic transplants, which yield over 70% five-year survival in matched cases. Neurology advanced as BrainStorm stabilized function in 62% of ALS patients in 2025.
Orthopedic indications benefit from mesenchymal cells that cut pain and improve mobility in 74% of patients per a 2024 meta-analysis. ViaCyte’s beta-cell implant achieved insulin independence in 43% of type 1 patients at 12 months in 2025. FDA breakthrough designations for two cardiac products in 2024 confirm rising regulatory confidence. AI-powered selection algorithms predict responders with 82% accuracy, shrinking trial size needs.
By Treatment Type: Autologous Gains on Point-of-Care Manufacturing
Allogeneic options generated 53.63% of 2025 revenue, yet autologous therapies are advancing at 12.87% CAGR as closed-system bioreactors enable bedside production. Regenexx’s same-day bone-marrow concentrate cut cost to USD 12,000 and broadened outpatient adoption.
FDA 2024 guidance on minimal manipulation clarified pathways for same-procedure autologous uses. Autologous CAR-T revenues reached USD 8 billion in 2024, validating commercial viability[3]Novartis, “Investor Presentation 2025,” novartis.com. Allogeneic developers counter with 72-hour HLA-matched deliveries, as Gamida Cell launched its nicotinamide-expanded graft in 2024. Hybrid gene-edited models seek scalability with low rejection risk.

Note: Segment shares of all individual segments available upon report purchase
By End User: CDMOs Capture Outsourcing Wave
Hospitals and surgical centers represented 40.33% of 2025 spending, anchored by transplant programs and orthopedic autologous procedures. CDMOs are forecast to grow at 12.7% as pharma outsources viral-vector and cell expansion to defer capital risk. NIH research funding grew 12% to USD 420 million in fiscal 2025.
A single GMP viral-vector suite can cost USD 150 million and need three years for validation, making outsourcing attractive. Lonza and Catalent announced more than USD 1 billion in capacity builds in 2024. Hospitals such as Mayo Clinic invested USD 40 million in on-site suites for autologous production. Regulatory guidance in 2025 halved site-transfer review times, encouraging flexible manufacturing partnerships.
Geography Analysis
North America held 45.13% of 2025 revenue, supported by FDA designations and Medicare coverage for hematopoietic transplants. Europe accounted for 28%, led by Germany and the United Kingdom, which hosted 34% of global regenerative trials in 2024. Asia-Pacific is forecast to deliver 12.51% CAGR to 2031, fueled by Japan’s conditional approvals and China’s inclusion of therapies for thalassemia and sickle cell disease in insurance formularies.
China cut out-of-pocket costs from USD 80,000 to USD 8,000, expanding the stem cells market addressable base tenfold. Japan allocated JPY 50 billion (USD 340 million) in 2024 subsidies to scale trials and manufacturing. Chinese trial registrations climbed 67% year-on-year to 218 in 2025.
Middle East and Africa leveraged medical tourism, with Dubai Healthcare City reporting a 45% rise in inbound stem cell visits in 2025. Brazil approved two autologous therapies for critical limb ischemia in 2024, signaling regulatory headway. India attracted a USD 60 million CDMO plant in Bangalore in 2025. Pricing pressure from Asia-Pacific, where allogeneic therapies target USD 30,000, forces Western players to optimize costs.

Competitive Landscape
The top suppliers controlled a significant percentage of global revenue in 2025, leaving room for more than 200 niche developers. Bristol Myers Squibb bought a USD 4.1 billion CAR-T platform in 2024 to speed market entry. Vertex’s CTX001 delivered more than 90% functional cures for sickle cell in 2025, demonstrating gene-edited allogeneic potential. Lonza now offers end-to-end services, reducing sponsor timelines. Global patent filings for iPSC differentiation rose 42% in 2024.
White-space opportunities include rare conditions, where Orchard Therapeutics advanced metachromatic leukodystrophy through patient-funded trials. Point-of-care bioreactors eliminate USD 15,000 cold-chain costs, attracting hospital systems. Codiak BioSciences advanced engineered exosomes before its 2024 acquisition, showing alternative entry routes. AI-driven quality controls shave 40% from costs and cut release time to eight hours, a capability commercialized by Thermo Fisher in 2024.
Stem Cells Industry Leaders
Thermo Fisher Scientific Inc.
Merck KGaA
STEMCELL Technologies
Takara Bio Inc.
Bio-Techne Corp.
- *Disclaimer: Major Players sorted in no particular order

Recent Industry Developments
- October 2025: The Jackson Laboratory completed its acquisition of the New York Stem Cell Foundation.
- October 2025: REPROCELL secured EMA-oversight GMP certification for iPSC master and working cell banks at Histocell’s Spanish facility.
Global Stem Cells Market Report Scope
As per the scope of the report, stem cells are undifferentiated cells with the unique ability to develop into various specialized cell types in the body. They have the capacity to self-renew through cell division and can differentiate into specific cell types, such as muscle, nerve, or blood cells, making them vital for growth, development, tissue repair, and regenerative medicine.
The segmentation of the stem cells market is categorized by product type, application, treatment type, end user, and geography. By product type, the market includes adult stem cells, mesenchymal stem cells, hematopoietic stem cells, neural stem cells, human embryonic stem cells, induced pluripotent stem cells (iPSCs), very small embryonic-like stem cells, and other types. By application, it covers neurological disorders, orthopedic treatments, oncology, cardiovascular issues and myocardial infarction, diabetes and metabolic issues, wounds and burns, and other uses. By treatment type, the market is segmented into allogeneic stem cell therapy, autologous stem cell therapy, and syngeneic stem cell therapy. By end user, the market includes academic and research institutes, hospitals and surgical centers, pharmaceutical and biotechnology firms, stem cell banks and cryopreservation facilities, and contract development and manufacturing organizations (CDMOs). By geography, the market is segmented into North America, Europe, Asia-Pacific, Middle East and Africa, and South America. The Market Forecasts are Provided in Terms of Value (USD).
| Adult Stem Cells | Mesenchymal Stem Cells |
| Hematopoietic Stem Cells | |
| Neural Stem Cells | |
| Human Embryonic Stem Cells | |
| Induced Pluripotent Stem Cells (iPSCs) | |
| Very Small Embryonic-like Stem Cells | |
| Other Product Types |
| Neurological Disorders |
| Orthopedic Treatments |
| Oncology Disorders |
| Cardiovascular & Myocardial Infarction |
| Diabetes & Metabolic Disorders |
| Wounds & Burns |
| Other Applications |
| Allogeneic Stem Cell Therapy |
| Autologous Stem Cell Therapy |
| Syngeneic Stem Cell Therapy |
| Academic & Research Institutes |
| Hospitals & Surgical Centers |
| Pharmaceutical & Biotechnology Companies |
| Stem Cell Banks & Cryopreservation Facilities |
| Contract Development & Manufacturing Organisations (CDMOs) |
| North America | United States |
| Canada | |
| Mexico | |
| Europe | Germany |
| United Kingdom | |
| France | |
| Italy | |
| Spain | |
| Rest of Europe | |
| Asia-Pacific | China |
| India | |
| Japan | |
| 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 |
| By Product Type | Adult Stem Cells | Mesenchymal Stem Cells |
| Hematopoietic Stem Cells | ||
| Neural Stem Cells | ||
| Human Embryonic Stem Cells | ||
| Induced Pluripotent Stem Cells (iPSCs) | ||
| Very Small Embryonic-like Stem Cells | ||
| Other Product Types | ||
| By Application | Neurological Disorders | |
| Orthopedic Treatments | ||
| Oncology Disorders | ||
| Cardiovascular & Myocardial Infarction | ||
| Diabetes & Metabolic Disorders | ||
| Wounds & Burns | ||
| Other Applications | ||
| By Treatment Type | Allogeneic Stem Cell Therapy | |
| Autologous Stem Cell Therapy | ||
| Syngeneic Stem Cell Therapy | ||
| By End User | Academic & Research Institutes | |
| Hospitals & Surgical Centers | ||
| Pharmaceutical & Biotechnology Companies | ||
| Stem Cell Banks & Cryopreservation Facilities | ||
| Contract Development & Manufacturing Organisations (CDMOs) | ||
| By Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Europe | Germany | |
| United Kingdom | ||
| France | ||
| Italy | ||
| Spain | ||
| Rest of Europe | ||
| Asia-Pacific | China | |
| India | ||
| Japan | ||
| 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 | ||
Key Questions Answered in the Report
What is the projected value of the stem cells market in 2031?
The stem cells market is forecast to reach USD 33.43 billion by 2031, supported by an 11.79% CAGR driven by regulatory acceleration and scalable allogeneic platforms.
Which product category is growing fastest through 2031?
Induced pluripotent stem cells are expanding at a 13.25% CAGR due to closed-system manufacturing that reduces contamination risk and supports off-the-shelf therapies.
Why are cardiovascular applications gaining momentum?
Phase III data show significant ventricular function improvements, leading to a 14.85% CAGR for cardiovascular indications, the fastest among application segments.
How is Asia-Pacific changing the competitive landscape?
Policy reforms in Japan and China accelerate approvals and expand insurance coverage, propelling the region to a 12.51% CAGR and pressuring global pricing.
What role do CDMOs play in stem cell therapy manufacturing?
CDMOs are the fastest-growing end-user segment at 12.7% CAGR because pharmaceutical sponsors outsource capital-intensive viral-vector and cell-expansion operations.
How are AI tools affecting cost-of-goods for stem cell products?
AI-driven cell characterization cuts labor costs by 40% and shortens lot-release testing from 72 hours to eight, enabling manufacturers to meet sub-USD 50,000 price targets.




