Cell Therapy Market Key Strategies, Size, Growth, Share, Application, Segmentation, Trends and Opportunities Forecast to 2030

 

Cell Therapy Market Insights

The cell therapy market size is projected to reach USD 26.9 Billion by 2030, at a CAGR of 9.3% from 2022 to 2030, according to Market Research Future's latest report on the subject. Cell therapy market has emerged as a transformative field in biotechnology due to its use for the targeting of various diseases at a cellular level. The above-average growth expected by this market will primarily be due to the rapidly advancing healthcare sector and growing breakthrough research and development activities.

Cell therapy is finding a growing number of applications in healthcare and is often used in combination with gene therapy. Presently, applications of cell therapy include urinary problems, cancers, autoimmune disease, and infectious disease among several others. The growing prevalence of chronic and lifestyle diseases is an important driver for the cell therapy market. cell therapy processing is also being developed in regenerative medicine which carries massive potential once it clears the research phase. Increasing geriatric population with health issues and technological advancements are some other factors governing market growth. government assistance for research and improvements being made in existing regulatory frameworks are expected to pave the way for future market opportunities.

However, it should be noted that the high cost of manufacturing at present and the lack of awareness or appropriate healthcare infrastructure are expected to challenge market growth.

Regional Analysis

The Americas with their inclusion of North America lead the market with the largest share due to the rising awareness regarding cell therapy in the region and the presence of an advanced healthcare sector. High healthcare expenditure, the presence of a large geriatric population and the growing demand for effective regenerative medicine are some of the important factors driving market growth. Europe accounts for the second largest regional segment due to the comparable growth pattern to that of the Americas. Moreover, the region has forward-thinking government policies which support research and development in the advancement of the healthcare sector.

The Asia Pacific accounts for the fastest growing region in the global market due to the presence of a massive patient pool and a rapidly developing healthcare sector. rising disposable incomes and urbanization in the region has increased the demand for advanced healthcare. Healthcare expenditure in the region is growing steadily and is expected to augment the cell therapy market report in APAC.

Market Segmentation

The global cell therapy market is segmented based on cell source, type, technology, application, end-user, and region. By type, the market is divided between autologous and allogeneic.

By technology, the market is segmented into viral vector technology, somatic cell technology, cell immortalization technology, genome editing technology, cell plasticity technology, and three-dimensional technology. The viral vector segment is sub-segmented into in-vivo gene modification of cells and ex-vivo gene modification of cells.

By cell source, the market is segmented to include bone marrow, umbilical cord blood-derived cells, adipose tissue, pluripotent stem cells (iPSCs), and neural stem cells.

By application, the market is segmented into cardiovascular, musculoskeletal, gastrointestinal, neurological, dermatology, oncology, wound & injuries, ocular, and others.

By end-user, the market is categorized into regenerative medicine centres, diagnostic centres, hospitals & clinics, research institutes and others.

The regional segmentation of the market divides it into the Americas, Europe, Asia Pacific, and the Middle East & Africa.

Cell Therapy Market Players

The global cell therapy market players that have been included in MRFR's report are Cognate, ANTEROGEN.CO., LTD., NuVasive, Inc., GlaxoSmithKline plc, Osiris, PHARMICELL, Pluristem, Genzyme Corporation, CELLECTIS, Advanced Tissue, Novartis AG, EUFETS GmbH, Cynata, BioNTech IMFS, JCR Pharmaceuticals Co., Ltd, Grupo Praxis, and MEDIPOST among others.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street, 5Th Floor,

New York, New York 10013

United States of America

+1 628 258 0071

Email: sales@marketresearchfuture.com

Comments

Post a Comment

Popular posts from this blog

Cardiac Monitoring and Cardiac Rhythm Management Market Share, Trends, Leading Players, Business Overview, Sales Statistics and Outlook by 2030

  Cardiac Monitoring and Cardiac Rhythm Management Devices Market Highlights The increasing demand for minimally invasive surgeries drives the growth of this market. Advanced technologies in cardiac monitoring and cardiac rhythm management devices have also led to growth in this market.  However, factors such as stringent regulatory approval procedures, the high cost of cardiac devices, and lack of reimbursement policies in developing countries are hindering the growth of the market. Rising prevalence of cardiovascular diseases and the increasing number of unmet medical needs in undeveloped countries are leading to the growth of the cardiac monitoring and cardiac rhythm management device market . Technical advancements in drug-eluting, MRI compatible pacemakers, and Holter monitors are some of the factors leading to the growth of this market. The growth of the global cardiac monitoring device market is driven by the high prevalence of cardiovascular disorders worldwide. Cardiac m
Read more

Africa Medical Devices Market | Analysis, Size, Growth, Key Players, Segmentation and Forecast By 2030

  Africa Medical Devices Market – Overview The Africa Medical Devices market is growing with a steady pace; mainly due to the rapidly growing middle-income group, increasing healthcare expenditure, increasing number of medical tourists, proliferation of hospitals, government programs and support, and increasing incidence of lifestyle diseases. Moreover, rising economic growth also drive the market in this region. According to the World Bank Group, in 2016, GDP of the Middle East & North Africa experienced the growth in GDP by 4.89%. It is expected that Africa’s macroeconomic climate over the next decade will expand the health care gap, as higher incomes will create new demand for the medical devices market. The Africa medical devices market to reach around $ 7069.61 million from $ 7.19 billion in 2030, by the end of the forecast period at a CAGR of 7.10 %. Companies are continuously engaged in merger and acquisition activities for the development of the best medicine to cure
Read more

Clinical Laboratory Test Market Dynamics, Future Insights, Share Value, Growth Outlook, COVID-19 Impact and Size Projection By 2030

  Clinical Laboratory Test Market Highlight The Clinical Laboratory Test market is growing mainly due to growing awareness and rising adoption of anti-inflammatory drugs. According to a recent study report published by the Market Research Future, the Clinical Laboratory Test market is booming and expected to gain prominence over the forecast period. The clinical laboratory test market size was valued USD 189 Billion in 2021 and expected to reach USD 325 billion by 2030 at 6.9% CAGR during the forecast period 2022-2030. Clinical laboratory test market has emerged as the most growing segment of healthcare over the past few years. Clinical laboratory testing includes all routine check-ups and other pathology tests for the diagnosis of various diseases ranging from CBC and other routine blood test, anatomical pathological testing, molecular, immunological, drug testing and other tests for disease diagnosis and treatment. CBC and other routine blood tests are the most common type of te
Read more