Cell Therapy Market Segment Key Players, Drivers, Regional, Competitive Landscape & Forecast To 2030
Research Reports
May 10, 2023
Cell Therapy Market Research Report Information By Cell Type (Stem Cell, {Bone Marrow, Blood, Umbilical Cord-Derived, Adipose-Derived Stem Cell, and others [Placenta, and Nonspecific cells]}, and Non-stem Cell), By Therapy Type (Autologous, and Allogeneic), By Therapeutic Area (Malignancies, Musculoskeletal Disorders, Autoimmune Disorders, Dermatology, and others), By End-User (Hospitals & Clinics, and Academic & Research Institutes), and By Region (North America, Europe, Asia-Pacific, and the Rest of the World)—Forecast till 2030
Market Research Future Insights
The global Cell therapy market is expected to register a CAGR of ~9.3% from 2022 to 2030 and hold a value of over USD 26.9 billion by 2030.
Cell therapy, also known as cellular therapy, is a type of medical treatment that involves the use of living cells, such as stem cells or immune cells, to treat or prevent diseases or injuries. The global cell therapy market includes a wide range of applications, including cancer treatment, autoimmune diseases, cardiovascular diseases, orthopedics, and more.
The COVID-19 pandemic has had a significant impact on the cell therapy market. While the pandemic has led to delays in clinical trials and disrupted supply chains, it has also highlighted the potential of cell therapy in treating COVID-19 and its complications. In addition, the pandemic has led to an increased focus on personalized medicine, which is expected to drive the growth of the cell therapy market in the coming years.
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Market Segmentation
The Global Cell therapy market has been segmented into based on cell type, therapy type, therapeutic area and end-user
Based on cell type: stem cells, {bone marrow, blood, umbilical cord-derived, adipose-derived stem cell, and others [placenta, and nonspecific cells]}, and non-stem cells.
Based on the therapy type: autologous and allogeneic.
Based on therapeutic area: malignancies, musculoskeletal disorders, autoimmune disorders, dermatology, and others
Based on end-user: hospitals & clinics and academic & research institutes.
Key Players
Some of the top market players are Kolon TissueGene Inc., AlloSource, Holostem Terapie Avanzate S.R.L., Castle Creek Biosciences Inc.
Regional Analysis
North America is currently the largest market for cell therapy, due to the presence of a well-established healthcare infrastructure, high investment in research and development, and supportive government policies. Europe is also a significant market for cell therapy, driven by increasing investment in regenerative medicine and the presence of a large number of biotechnology companies.
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The Asia-Pacific region is expected to witness the highest growth in the cell therapy market in the coming years, due to factors such as a large patient population, increasing investment in healthcare infrastructure, and growing awareness about cell therapy. However, the market in this region is also highly fragmented, with varying levels of regulation and investment across different countries.
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