Yesterday, I wondered what has been happening in stem cell research and development (R & D) during the past few years. Today, I was reading about a stem cell conference to be held in San Diego in February and found a Stem Cell Market Analysis Fact Sheet. The document is intended for investors, physicians, and comapnies involved in stem cell research.
Consistent with my self-imposed rule of not advertising specific companies, I won't name any here; but I will post the entire fact sheet in the Stem Cell Forum section of the website. You can find it by searching for "stem cell market analysis" from the home page. I'm intentionally not providing a link here.
So, here's some of what the fact sheet includes:
Stem Cell Company Revenues:
2005: $ 974,000
2006: $ 16,405,000
2007: $ 36,856,000 estimated
2016: $8.5 billion estimated (new forecast to be released at Stem Cell Summit on Feb. 12)
Estimated number of c ompanies developing stem cell products: 200+ worldwide
Market value of all public stem cell companies: $1.655 billionCurrent applications for stem cell products
Stem cell products expected to be approved by the FDA in the coming 36 months
Other details:
The fact sheet also describes projected sales figures, number of people likely to be customers, and what other types of treatements serve as competition.
So, we know there's money out there. Now, what's the scientific evidence that these treatments work?
Marie Godfrey, PhD