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Increasing prevalence of chronic diseases such as diseases related to liver, kidney and cardiovascular,
are expected to propel the market for stem cell. Stem cells are the undifferentiated cells having the
capacity to reproduce among themselves, which can perform wide number of functions. Rising demand
for regenerative medical treatments coupled with increasing investment in research and development
of healthcare sector is likely to drive the market in coming five years.
Browse Detail Report With TOC @ http://www.hexaresearch.com/research-report/stem-cellindustry/
Rising government support in medical sector, growing personal disposable income, continuously
increasing medical tourism and growth of health insurance are likely to drive the stem cell market over
the forecast period. Along with the boosting factors, the stem cell market also faces setbacks which are
pulling the growth of this market like government norms against unethical harvesting and high cost of
treatment for stem cell. NIH (National Institute of Health) is providing huge funds for research and