Towards Healthcare
Cancer Stem Cells Market Size, CAGR: 9.64% by 2034

Cancer Stem Cells Market Size to Surge USD 8.04 Bn by 2034

The cancer stem cells market size is calculated at $3.51 bn in 2025 is to hit $8.04 bn by 2034. In 2024, biotech highlights included Fate Therapeutics reporting Q3 revenue of $3.1M against $55.5M in expenses, Calidi Biotherapeutics gaining $3M for its stem cell programs, and Clasp Therapeutics launching with $150M funding to advance precision T-cell immunotherapy for cancer patients.

The global cancer stem cells market size is calculated at US$ 3.2 in 2024, grew to US$ 3.51 billion in 2025, and is projected to reach around US$ 8.04 billion by 2034. The market is expanding at a CAGR of 9.64% between 2025 and 2034. Stem cell-based therapies are highly useful in providing high-quality treatment, due to which stem cells are being continuously grown and studied to treat various cancers.

Cancer Stem Cells Market Size 2023 - 2034

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Cancer Stem Cells Market Overview

A tiny minority of tumor cells known as cancer stem cells (CSCs) are distinguished by their capacity for self-renewal and unceasing growth. They preserve tumor heterogeneity and promote tumorigenesis and metastasis. Stem cells have been used for more than 30 years to cure cancer using chemotherapy or radiation therapy, or to restore blood and immune systems that have been harmed by cancer cells. In addition to its application in immuno-reconstitution, stem cells have been shown to aid in tissue regeneration and serve as delivery systems for cancer therapies. Scientific communities are now focused on a broad new field of study and potential future cancer treatment approaches thanks to the emerging idea of "cancer stem cells."

  • In November 2024, the third quarter ending September 30, 2024, saw the release of business highlights and financial results for Fate Therapeutics, Inc., a company committed to providing patients with autoimmune disorders and cancer with a first-in-class pipeline of cellular immunotherapies produced from induced pluripotent stem cells (iPSCs). The total amount of cash, cash equivalents, and investments was $330.5 million on September 30, 2024. In 2024, revenue for the third quarter was $3.1 million. For the third quarter of 2024, total operating expenditures came to $55.5 million, which included $20.8 million for general and administrative expenses and $34.7 million for research and development. These sums included the non-cash stock-based compensation charge of $11.8 million.
  • In July 2024, in order to further its innovative Adult Adipose Allogeneic (AAA) stem cell programs, Calidi Biotherapeutics, Inc., a clinical-stage biotechnology company creating a new generation of targeted antitumor virotherapies, announced that Dr. Ronald Rigor had strategically invested $2 million in its new subsidiary, Nova Cell, Inc. In order to expand Calidi's oncology pipeline of assets, Dr. Rigor additionally contributed an extra $1 million.
  • In March 2024, $150 million in funding was announced for the formal launch of Clasp Therapeutics, a biotechnology business that is leading the way in precision immuno-oncology with next-generation T cell engagers (TCEs). When cancer patients don't react to current therapies, Clasp aims to meet their unmet needs.

AI Integration in the Cancer Stem Cells Market

Stem cell therapy and artificial intelligence (AI) are two of the most innovative scientific advancements that have the potential to have a big influence on healthcare. Together, they hold the potential to expedite advances in tailored therapies, regenerative medicine, and the comprehension of complicated illnesses. A new age of medical innovation that has the potential to completely transform healthcare is being ushered in by the convergence of AI and stem cell research. Deep learning research in this field has exploded because recent developments in AI technology have made it possible to automatically recognize biological photos of different stem cells, including CSCs.

Market Dynamics

Driver

Growing Demand for Personalized Medicine

For a number of years, stem cells have been at the center of medical study due to their capacity for self-renewal and differentiation, which has become the biggest driver in the cancer stem cell market. Stem cells' revolutionary significance in personalized medicine includes improving and revealing new uses for stem cells in patient-specific treatment customization. In addition to being revolutionary in their own right, these applications highlight the paradigm shift toward more customized medical care.

Restraint

The immune rejection challenge needs to be addressed

One side effect of stem cell treatment is immunological rejection which is a significant challenge for the cancer stem cells market. The body may assault foreign stem cells because it perceives them as dangerous, leading to damage and inflammation. Hematopoietic stem cells (HSCs), which are stem cells that develop into blood cells, are more prone to experience this.

Opportunity

Growing investment in cancer research

One of the leading causes of death worldwide and a growing burden is cancer. The goal of the World Cancer Research Fund (WCRF) Network is to eliminate malignancies that may be prevented. Over the past ten years, significant progress has been achieved in preventing and curing cancer thanks to research funding from the National Institutes of Health (NIH) and, more especially, the National Cancer Institute (NCI). A future free of cancer depends on sustained federal support in cancer research, even though AICR has provided more than $110 million for research through a grant program.

Segmental Insights

The Targeted Cancerous Stem Cells (CSCs) Segment Dominated

By mode of action, the targeted cancerous stem cells (CSCs) segment dominated the cancer stem cells market in 2024. Extensive research is being conducted on CSCs in an effort to better understand their behavior and create effective targeted medicines. A number of treatment approaches have been created to target CSCs in an effort to stop cancer from returning. Combining traditional anticancer medications with medicines that target CSCs may be a viable approach to the treatment and elimination of many cancer types.

The Stem Cell-Based Cancer Therapy Segment: Fastest CAGR

By mode of action, the stem cell-based cancer therapy segment is expected to grow at the fastest CAGR in the cancer stem cells market during the forecast period. Stem cell-based therapies are becoming more and more promising in the fight against cancer. Because they can locate and target the foci of primary and metastatic tumors, stem cells can serve as innovative delivery vehicles. Immunotherapy, cancer stem cell-targeted treatment, regenerative medicine, and anticancer drug screening are more uses for stem cells.

The Breast Cancer Segment Dominated in 2024

By cancer form, the breast cancer segment dominated the cancer stem cells market in 2024. About 30% of all new cancer cases in American women each year are breast cancer. Although the overall risk of dying from the illness has decreased due to advancements in screening and treatment, the number of new cases of breast cancer is still increasing. In the United States, breast cancer is the most prevalent cancer to be diagnosed in women. Breast cancer accounts for almost 30% of all newly diagnosed malignancies in women each year. About 310,720 women had a diagnosis of aggressive breast cancer in 2024.

The Lung Cancer Segment: Fastest Growth

By cancer form, the lung cancer segment is estimated to achieve the fastest growth rate in the cancer stem cells market during the predicted timeframe. 12 per 100,000), even though Ethiopia has an incidence rate that is 60% lower (40 against 100 per 100,000). With about 2.5 million diagnoses (1 in 8 cancers) and 1.8 million fatalities (1 in 5 deaths), lung cancer is the most often diagnosed cancer and the primary cause of cancer-related deaths in both men and women globally. There is considerable interest in using stem cells to treat lung conditions.

Regional Insights

Cancer Stem Cells Market NA, EU, APAC, LA, MEA Share, 2023 (%)

Investment in Cancer Research Drives North America

North America dominated the cancer stem cells market in 2024. A robust infrastructure for cancer research, including studies on cancer stem cells, has been made possible by the high incidence of cancer in North America, especially in the United States and Canada. Both nations have highly developed healthcare systems and substantial biotechnology research investments. The U.S. is at the forefront of cancer stem cell research worldwide because of significant government and private investment. The U.S. has seen a large number of patent applications pertaining to advancements in diagnostics and cancer stem cell treatments.

Further advancements in cancer detection, treatment, and survival depend on strong funding from federal organizations like the NIH and NCI. To guarantee that the United States maintains a robust clinical and medical research workforce that is generally reflective of society, support is required for education and training initiatives. Through the growth and variety of clinical studies, the FDA is instrumental in accelerating the availability of safe and efficient cancer treatments. In order to lower the risk of cancer and eradicate cancer inequalities, federal organizations such as the NIH, CDC, AHRQ, and EPA, as well as many of its initiatives, are essential.

For instance,

  • In October 2024, 11 early career researchers and research teams were recognized by the Biden Cancer Moonshot for receiving financing for their creative methods of diagnosing, treating, and preventing cancer. One of the main goals of the President's Unity Agenda is to speed up the battle against cancer. The Biden-Harris Administration is investing over $6 million in the second cohort of the Cancer Moonshot Scholars program through the National Cancer Institute.

Growing Research in Cancer is Driving Asia Pacific

Asia Pacific is estimated to host the fastest-growing cancer stem cells market during the forecast period because of the rise in cancer cases in the region. The geographical growth of the cancer stem cell market is expected to be driven by the presence of several organizations in the region that focus on stem cell research and development, as well as funding organizations that provide funds to research communities to accelerate their scientific investigations on cancer stem cells in Asian countries. China's large population and high cancer incidence rate are responsible for the country's significant market share of cancer stem cells in 2023. For a number of factors, including the nation's aging population, changing lifestyles, and a burgeoning healthcare system, the Indian market for cancer stem cells had a sizable proportion.

Cancer Stem Cells Market Companies

Top Companies in the Cancer Stem Cells Market

  • Thermo Fisher Scientific, Inc.
  • AbbVie, Inc.
  • Merck KGaA
  • Bionomics
  • Lonza
  • The Menarini Group
  • Miltenyi Biotec
  • PromoCell GmbH
  • MacroGenics, Inc.
  • OncoMed Pharmaceuticals, Inc.
  • FUJIFILM Irvine Scientific
  • STEMCELL Technologies.
  • Sino Biological, Inc.
  • Lineage Cell Therapeutics, Inc.

Latest Announcements by Industry Leaders

In November 2024, Katy Rezvani, M.D., Ph.D., vice president & head of the Institute for Cell Therapy Discovery & Innovation, said that patients with hematologic tumors have seen significant improvements thanks to cell treatments, yet far too many patients continue to see no benefits. Promoting these potential treatments as alternatives for cancer and other patients is essential to our goal. With these findings, we want to reduce the need for extended hospital stays and related expenses by offering many more patients access to efficient cell treatments that are commercially available.

Recent Developments in the Cancer Stem Cells Market

  • In September 2024, Mobilization Matters, a digital resource for individuals with multiple myeloma who are getting ready for stem cell collection for an autologous stem cell transplant, was launched by BioLineRx Ltd., a commercial-stage biopharmaceutical company that is working to develop life-changing treatments in oncology and rare diseases.
  • In May 2024, the latest batch of grants was announced by the Maryland Stem Cell Research Commission, which granted over $15.4 million in total. These grants are intended to support innovative research in Maryland that will advance and improve stem cell therapies and technology for a range of illnesses, including cancer.

Segments Covered in the Report

By Mode of Action

  • Targeted Cancerous Stem Cells (CSCs)
    • By Anti-CSC Therapeutics
      • Pathway Inhibitors
        • WNT Signaling Pathway
        • Hedgehog Signaling Pathway
        • Notch Signaling Pathway
        • Others
      • Surface Marker-based
      • Immuno-evasion & Targeting Tumor Microenvironment
      • Nanoparticle-based Therapies
      • Others
    • By Products
      • Cell-Culturing
      • Cell-Separation
      • Cell Analysis
      • Molecular Analysis
      • Others
  • Stem Cell-based Cancer Therapy
    • Autologous SC Transplant
    • Allogeneic SC Transplant

By Cancer Form

  • Breast Cancer
  • Blood Cancer
  • Lung Cancer
  • Brain Cancer
  • Colorectal Cancer
  • Pancreatic Cancer
  • Bladder Cancer
  • Liver Cancer
  • Others

By Region

  • North America
    • U.S.
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Thailand
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Sweden
    • Denmark
    • Norway
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East and Africa (MEA)
    • South Africa
    • UAE
    • Saudi Arabia
    • Kuwait
  • Insight Code: 5394
  • No. of Pages: 150
  • Format: PDF/PPT/Excel
  • Published: December 2024
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Shivani Zoting is a healthcare market research expert with 2+ years of experience, specializing in analyzing trends, identifying growth opportunities, and providing actionable insights for businesses across healthcare sectors.

Learn more about Shivani Zoting

Aditi Shivarkar, with 14+ years of healthcare market research experience, ensures the accuracy, clarity, and relevance of reports. Her expertise helps businesses make informed decisions and stay competitive in healthcare sectors.

Learn more about Aditi Shivarkar

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FAQ's

The main drawback of stem cell treatment is the lack of clarity regarding its effectiveness and long-term implications.

Theoretically, stem cell research has the potential to treat every kind of disease. Researchers might make advances in any condition as they could be able to examine any sort of cell.

Ministry of Health and Family Welfare, Government of India, National Institutes of Health, FDA, WHO, PIB, CDC, American Lung Association.