Neuronal Stem Cells
Neural repair works on the principle of replacing damaged/infected cells with the healthy cells. Neural stem cells play a vital role in regenerative medication as these are self-renewing and multipotent. These have proved to be a boon in Neurological conditions, such as Huntingdons disease, Parkinson's disease and Motor Neuron Disease.
The global stem cell market reached over $5.9 billion in 2015 and will grow from about $6.7 billion in 2016 to nearly $12.3 billion in 2021, registering a compound annual growth rate (CAGR) of 13.1% from 2016 through 2021.