Canine Stem Cell Therapy Market

Global Market Study on Canine Stem Cell Therapy: Ongoing Clinical Trials and Focus on Advancements to Push Adoption in Veterinary Clinics

  • April-2018
  • PMRREP15550
  • 230 Pages
  • Healthcare
  • PPT, PDF, WORD, EXCEL

Introduction

The non-invasive stem cell obtaining procedure, augmented possibility of accomplishing high quality cells, and lower price of therapy coupled with high success rate of positive outcomes have collectively made allogeneic stem cell therapy a preference for veterinary physicians. Moreover, allogeneic stem cell therapy is 100% safe, which further supports its demand on a global level. Pet owners are identified to prefer allogeneic stem cell therapy over autologous therapy, attributed to its relatively lower costs and comparative ease of the entire procedure.

Find Out More about the Report Coverage

Companies

Company Profiles

  • VETSTEM BIOPHARMA
  • Cell Therapy Sciences
  • Regeneus Ltd.
  • Aratana Therapeutics
  • Medivet Biologics LLC
  • Okyanos
  • Vetbiologics
  • VetMatrix
  • Magellan Stem Cells
  • ANIMAL CELL THERAPIES, INC
  • stemcellvet.co.uk
  • Others.

Growing number of clinical trials has paved way for the rise in the adoption of canine stem cell therapy in veterinary clinics

The actual market opportunity lies in the growing preference for allogeneic stem cells over autologous stem cells. A number of stem cell therapy products for dogs are under clinical trials, which is anticipated to attract major revenues for the canine stem cell therapy market over the coming years.

Currently, VetStem in collaboration with Aratana Therapeutics is making the allogeneic stem cells to treat osteoarthritis in dogs. In 2016, the company submitted a trial data of allogeneic stem cells to the FDA as a part of a licensing application. The licensing application was submitted to FDA in order to achieve marketing approval and sales support in the U.S. The clinical trial registered over 90 dogs in the study and was controlled by placebo.

Furthermore, in May 2017, a nationwide stem cell study was conducted with dogs in the U.S. for the treatment of arthritis, for over a six-month period. This study created a lucrative opportunity for stem cell therapy treatment and a range of possibilities to confirm the efficacy of the technique for arthritis, which resulted in expanded revenue of the canine stem cell therapy market.

Lately in 2017, a study named “Stem Cell Injections for Dogs with Chronic Severe Spinal Cord Injuries” was performed on dogs with austere chronic spinal cord injuries including disc herniation or trauma. The objective of the study was to evaluate the clinical outcome of the research on these dogs after transplantation of the canine stem cells.

canine stem cell therapy market

Customize this Report

Explore Intelligence Tailored to Your Business Goals.

Agreement among leading veterinary groups for conducting operations is expected to benefit both clinics and hospitals

Growing penetration of veterinary healthcare has exponentially amplified demand for veterinaries and clinics. People seem spend more on veterinary services than on medicines. Several veterinary groups from across the world are combining their operations in order to expand their reach and secure profit in the global marketplace. In February 2017, Independent Vetcare (IVC) and Evidensia announced its intension to work as a combined entity. Evidensia marks strong presence in Northern Europe and IVC in the U.K.

The collaboration helped in establishing a dynamic network of leading clinical facilities with about 500 clinics across wight countries and benefit from shared best practice and improved purchasing power. With the augmented number of veterinary clinics and veterinarians, the adoption of canine stem cell therapy is also expected to surge in near future.

Market Research Methodology - Perfected through Years of Diligence

A key factor for our unrivaled market research accuracy is our expert- and data-driven research methodologies. We combine an eclectic mix of experience, analytics, machine learning, and data science to develop research methodologies that result in a multi-dimensional, yet realistic analysis of a market.

Get actionable insights on Ship Repair And Maintenance Services Market

Market Taxonomy

Product Type:

  • Allogeneic Stem Cells
  • Autologous Stem cells
Application
  • Arthritis
  • Dysplasia
  • Tendonitis
  • Lameness
  • Others

End User:

  • Veterinary Hospitals
  • Veterinary Clinics
  • Veterinary Research Institutes
Region:
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Japan
  • Middle East & Africa

Media Release

Recommendations

Global Market Study on Veterinary Molecular Diagnostics: Increasing Prevalence of Zoonotic Diseases among Livestock & Companion Animals to Spur Growth

Global Veterinary Molecular Diagnostics market is expected to expand at a CAGR of more than 7% over the forecast period. Check major players, key factors, market size, demand & trends.

Global Market Study on Animal Healthcare: Industry Growth to Be Driven by Veterinary Hospitals

Global animal healthcare market was valued at US$ 36.1 Bn in 2020, and is predicted to expand at a CAGR of more than 4% over the forecast period (2021-2031)..

Global Market Study on Aquaculture Feed and Pharmaceuticals: Pharmaceutical and Biologics Product Type Segment to Dominate the Global Market Through 2025

Global aquaculture feed & pharmaceutical market in terms of value during the period 2017 – 2025. Our forecasts indicate this segment will reach a market valuation of US$ 800 Mn.

Global Market Study on Animal Drug Compounding: CNS Agents to Lead Market Expansion Over Coming Years

The global animal drug compounding market is set to witness healthy growth at a CAGR of 8% over the forecast period of 2021-2031, with value estimated to top US$ 4 Bn by the end of 2031..

Talk Show:

The Rise of Intelligent Packaging

Personalized, Connected and Sustainable

November 18, 2021 11:00-11:45 AM PST (USA & Canada)
This is a LIVE session
Future Market Insights MarketNgage

Our Clients

Our Clients