Global Cell Therapy Market Growth (Status and Outlook) 2024-2030
Cell Therapy, valued at US$ 98.80 billion in 2023, is forecasted to reach US$ 247.29 billion by 2030, with a 14.0% CAGR attributed to rising demand in downstream sectors.
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According to Publisher’s latest study, the global Cell Therapy market size was valued at US$ 98800 million in 2023. With the growing demand in the downstream market, Cell Therapy is forecast to a readjusted size of US$ 247290 million by 2030 with a CAGR of 14.0% during the review period.
Market Overview
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The research report highlights the growth potential of the global Cell Therapy market. Cell Therapy is expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimisation remain crucial for the widespread adoption of Cell Therapy. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalise on the immense opportunities presented by the Cell Therapy market.
Cell therapy (also called cellular therapy, cell transplantation, or cytotherapy) is a therapy in which viable cells are injected, grafted, or implanted into a patient to effectuate a medicinal effect, for example, by transplanting T-cells capable of fighting cancer cells via cell-mediated immunity in the course of immunotherapy, or grafting stem cells to regenerate diseased tissues.
Key Features:
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Manmayi Raval
Research Consultant
The report on the Cell Therapy market reflects various aspects and provides valuable insights into the industry.
Market Size and Growth: The research report provides an overview of the current size and growth of the Cell Therapy market. It may include historical data, market segmentation by Type (e.g., Stem Cell, Non-Stem Cell), and regional breakdowns.
Market Drivers: The Increase in Chronic Disease Incidence and Prevalence
Most people worldwide are afflicted with chronic illnesses. Globally, one in three adults suffers from a chronic condition. Numerous people's health and quality of life have been negatively influenced by chronic diseases. Chronic problems can lead to hospitalization, long-term incapacity, diminishing quality of life, and even death. These conditions include cancer, musculoskeletal and neurological disorders, chronic injuries, cardiovascular and gastrointestinal disorders, and chronic injuries.
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Mesenchymal stem cells can enter and integrate into various organs, including the lung, spinal cord, liver, bone, and cartilage illnesses, autoimmune disorders, and numerous organ damage. It is a successful tactic to use stem cells to treat the immune system, degenerative tissue, and inflammatory diseases. These are some of the elements driving the market's expansion.
The Increasing Requirement for Strong Therapies. Large R&D expenditures are one of the main forces behind market expansion. Another element driving the growth is the increasing need for effective treatments to lower the burden of disease during the anticipated period. Celavie Biosciences, for example, is conducting a 5-year exploratory study on Parkinson's disease as of May 2020. The company is creating regenerative stem cell therapies for the treatment of central nervous system diseases, including Parkinson's disease. Celavie Biosciences reports that exploratory clinical experiments using Ok99 stem cells for Parkinson's disease were successful. These are some of the elements driving the market's expansion.
Challenges- Expensive Treatment Expenses. The high cost of cell therapy treatment has hindered the growth of the global industry. Cell therapies have become a well-liked therapeutic option as individuals look for the newest options. Treatments for cell therapy are still quite costly, even with the sharp increase in demand. As a result, the high expense of the treatment is limiting the market's expansion for cell therapy.
Logistics and Supply Chain. Transporting, storing, and handling cell treatments calls for knowledge and resources. It can be difficult to keep cells viable and intact along the supply chain, particularly for medicines that need to be cryopreserved or have a short shelf life.
Changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, import-export regulations, production analysis, value chain optimization, market share, the impact of domestic and localized market players, and technological innovations in the market are all covered in detail in this report on the global cell therapy market.
Technological Developments: The research report can delve into the latest technological developments in the Cell Therapy industry. This includes advancements in Cell Therapy technology, Cell Therapy new entrants, Cell Therapy new investments, and other innovations that are shaping the future of Cell Therapy.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Cell Therapy market. It includes factors influencing customers' purchasing decisions, and preferences for Cell Therapy products.
Government Policies and Incentives: The research report analyses the impact of government policies and incentives on the Cell Therapy market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting the Cell Therapy market. The report also evaluates the effectiveness of these policies in driving market growth.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provides market forecasts and outlook for the Cell Therapy industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The Market Participants' Strategic Initiatives
The top businesses are also trying to create focused plans, such as collaborations, product launches, approvals, acquisitions, and expansions, to reduce risks, guarantee business continuity, and increase the market's long-term sales growth. This element is anticipated to accelerate market expansion.
Market Segmentation:
Cell Therapy market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value. The classification of Cell Therapy includes Stem Cell therapy and Non-Stem Cell therapy, and the revenue proportion of Stem Cell therapy in 2019 is about 98.76%. Cell Therapy is widely used in hospitals, Clinics and Others. The highest proportion of Cell Therapy is in Hospitals, and the proportion in 2019 was about 77.2%.
1. Segmentation by type
• Stem Cell
• Non-Stem Cell
2. Segmentation by application
• Hospital
• Clinic
Regional Insights- America is the largest consumption place, with a consumption market share of nearly 43.65% in 2019. Europe is the second largest consumption place with a consumption market share of 35.41%.
1. Americas
• United States
• Canada
• Mexico
• Brazil
2. APAC
• China
• Japan
• Korea
• Southeast Asia
• India
• Australia
3. Europe
• Germany
• France
• UK
• Italy
• Russia
4. Middle East & Africa
• Egypt
• South Africa
• Israel
• Turkey
• GCC Countries
Competitive Landscape: The research report provides an analysis of the competitive landscape within the Cell Therapy market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market. The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
• Gilead Sciences
• Novartis
• Osiris
• Vericel Corporation
• Vcanbio
• Fujifilm Cellular Dynamics
• JCR Pharmaceuticals
• Beike Biotechnology
• Golden Meditech
• Guanhao Biotech
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Cell Therapy Market Size 2019-2030
2.1.2 Cell Therapy Market Size CAGR by Region 2019 VS 2023 VS 2030
2.2 Cell Therapy Segment by Type
2.2.1 Stem Cell
2.2.2 Non-Stem Cell
2.3 Cell Therapy Market Size by Type
2.3.1 Cell Therapy Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Cell Therapy Market Size Market Share by Type (2019-2024)
2.4 Cell Therapy Segment by Application
2.4.1 Hospital
2.4.2 Clinic
2.5 Cell Therapy Market Size by Application
2.5.1 Cell Therapy Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Cell Therapy Market Size Market Share by Application (2019-2024)
3 Cell Therapy Market Size by Player
3.1 Cell Therapy Market Size Market Share by Players
3.1.1 Global Cell Therapy Revenue by Players (2019-2024)
3.1.2 Global Cell Therapy Revenue Market Share by Players (2019-2024)
3.2 Global Cell Therapy Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Cell Therapy by Regions
4.1 Cell Therapy Market Size by Regions (2019-2024)
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