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layers . Hence , they can produce any tissue or cell that the body has to repair itself . They are self-perpetuating , that is they can develop several copies of themselves .
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Embryonic stem cells are derived from the undifferentiated inner mass of cells present in a human embryo . Adult or somatic stem cells are found throughout the body and help regenerate damaged or dying cells & tissues . Adult stem cells are by far the most extensively used ones , because the human body can easily accept these cells . Furthermore , the possibility of contamination is also quite low . This segment will continue domina ting the global Stem Cell Market during the forecast period . It generated revenues exceeding USD 30 billion in 2013 .
Based on technologies , the global industry is categorized into cryopreservation , cell production , expansion , and cell acquisition . The overall market was dominated by the cell acquisition segment in 2013 . This is the technique of obtaining stem cells from their sources . Cell culture , cloning , and in-vitro fertilization are the different techniques of cell acquisition . Bone marrow harvesting too is an integral part of such a technique . Regenerative medicine , drug discovery , and drug development are the various application areas of the global market . Ongoing trends in medicine suggest that stem cell based treatments are gradually gaining much importance in the management of diseases , such as Huntington ’ s chorea and Parkinson ’ s disease .
Based on geographies , the global stem cell market is segmented into Europe , Asia Pacific , North America , and Rest of the World . In terms of revenue , North America holds the highest share in the overall market . The region may continue expanding robustly over the forecast period because of widespread adoption of cell based therapies and high R & D investments by the public & private sectors . Asia Pacific too may expand rapidly during the
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