SOURCE: MarketResearch.com

MarketResearch.com

August 08, 2012 04:05 ET

Latest Research Shows Stem Cell Product Market to Reach $6 Billion by 2016

ROCKVILLE, MD--(Marketwire - Aug 8, 2012) - MarketResearch.com has announced the addition of the new report "Global Markets for Stem Cells," to their collection of Biotechnology market reports. For more information, visit http://www.marketresearch.com/BCC-Research-v374/Global-Stem-Cells-7083022/

The global market for stem cell products was $3.8 billion in 2011. This market is expected to reach nearly $4.3 billion in 2012 and $6.6 billion by 2016, increasing at a compound annual growth rate (CAGR) of 11.7% from 2011 to 2016.

The American market for stem cell products was $1.3 billion in 2011. This sector is expected to rise at a CAGR of 11.5% and reach nearly $2.3 billion by 2016.

The European market for stem cell products was $872 million in 2011 and is expected to reach nearly $1.5 billion by 2016, a CAGR of 10.9%.

For more information, visit http://www.marketresearch.com/BCC-Research-v374/Global-Stem-Cells-7083022/

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