Why Should You Consider Stem Cell Treatment In India? (Unistem)

The issue with stem cell therapy in India is that it is exorbitantly expensive and still in an experimentation stage. Hence, it is not considered a cost-effective option. However, each year there has been an increase in the number of foreigners seeking stem cell transplants in India. Though no definite cause for this shift is known, it is largely assignable to the rising costs and the global economic slowdown that has majorly affected countries like the US and Japan.

On the other hand, life-threatening conditions like leukaemia, bone marrow failure syndromes, haemoglobin disorders, inherited immune deficiencies, metabolic disorders and many others continue to increase. In such a situation, the Indian healthcare market has shown considerable potential. Given the fact that for conventional therapies, India is considered to be one of the best low-cost countries, the 20% growth rate of the Indian biotech industry has ensured that India shows the same potential for regenerative medicine too, the most popular among them being stem cell therapy. It is estimated that the global stem cell market has had a growth rate of 30% during 2010 - 2012 and is estimated to to be around $16 billion in 2017.

The Indian Council of Medical Research (ICMR), which regulates medical research in India provides approvals for only bone marrow transplants and tags all other stem cell treatments as experimentations, which are required to be performed as clinical trials only. We need to overcome this situation and realise stem cell therapy's true potential in becoming a cost effective healthcare destination for life-threatening ailments, giving hope where there was none before.

The technology used for stem cell transplants seem to have not only far reaching health advantages, but also strong business potential. What remains to be improved is the use of a proper framework that will help tap into this potential, to improve the quality of life of millions around the world.

To know more about what technologies are being used for stem cell therapy in India, visit www.unistem.in

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