Mena Stem Cell Forum to focus on $467bln global industry
- Date: 27-Jan-2022
- Source: Zawya
- Country:Middle East
- Who else needs to know?
Mena Stem Cell Forum to focus on $467bln global industry
The Middle Eastern countries are sharpening their focus on the $467 billion global stem cell market which will come under scrutiny at the first Mena Stem Cell Forum taking place from March 18 to 19, 2022.
The global stem cells market is expected to grow at an incredible compound annual growth rate (CAGR) of 25.5% from 2018 to $467 billion by 2024, according to a research by Market Watch.
This significant event, at the Movenpick Grand, Al Bustan Hotel Dubai, takes place at a time when the world grapples to fight the different variants of Covid-19 viruses that disrupt global growth. Many experts look at stem cell research as a possible solution to tackle such pandemics in future.
“The stem cell therapy market includes large number of players that are involved in development of stem cell therapies of the treatment of various diseases,” Market Watch said in its report.
“The growth of the market is attributed to the rising number of clinical trials and the growing adoption of stem cell therapies globally.
In the context of Covid-19, government organisations in various countries, research institutes, and many biotech and pharmaceutical firms are focusing on effective and rapid technologies for the fast diagnosis of Covid-19.
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