Uploaded on Nov 2, 2021
Cell therapy is a technology, which relies on replacing diseased or dysfunctional cells with healthy functioning ones. Cells mainly used for such advanced therapies are stem cells, owing to their ability to differentiate into specific cells required for repairing damaged or defective tissues or cells.
Cell therapy Market Ramp Up for Global Hike - New Business Opportunities for Investors
Cell Therapy Market May See a Big Move
by 2027 Covid-19 Analysis | CAGR 25.6%
Cell Therapy Market by Cell Type (Stem Cell and Non-Stem Cell), Therapy Type (Autologous and Allogenic), Therapeutic
Area (Malignancies, Musculoskeletal Disorders, Autoimmune Disorders, Dermatology, and Others), and End User
(Hospitals & Clinics and Academic & Research Institutes): Global Opportunity Analysis and Industry Forecast, 2020–2027
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the market share in cell therapy market?
Overview
The global cell therapy market accounted for $7,754.89
million in 2019, and is expected to reach $48,115.40 million
by 2027, registering a CAGR of 25.6% from 2020 to 2027.
Cell therapy is a technology, which relies on replacing
diseased or dysfunctional cells with healthy functioning ones.
Cells mainly used for such advanced therapies are stem cells,
owing to their ability to differentiate into specific cells
required for repairing damaged or defective tissues or cells.
Moreover, cell therapy finds its application in development of
regenerative medicines, which is a multidisciplinary area
aimed at maintenance, improvement, or restoration of cells,
tissues, or organ functioning, using methods mainly related to
cell therapy.
Segments
In terms of revenue, the global Cell therapy Market is segmented on the
basis of Cell Type, Therapy Type, Therapeutic Area, End User and
region.
By Cell Type – The stem cell segment is anticipated to dominate the
global market during the forecast period, as these are gaining
popularity from initiatives taken by various governments. The number
of stem cell banks are increasing in developing nations, which further
propels the market growth.
By Therapy Type – The allogenic therapy segment dominated the
market in 2019. This therapy is advantageous as it includes production
of own immune stem cells, which could kill cancer cells that remain
even after high-dose cytotoxic drugs treatment. Patients, who have a
high risk of relapse after successful treatment of chemotherapy are
recommended allogeneic transplants.
Geography
North America dominated the Cell therapy Market.
The market growth in North America is primarily a
reflection of product innovations and launches
resulting from technological advancements. The
companies mostly adopted product launch,
acquisition, and expansion as their key strategies to
keep pace with the changing demands of consumers
and strengthen their market position.
Key Market Players
The key players operating in the global Cell therapy Market are
• ALLOSOURCE
• CELLS FOR CELLS
• HOLOSTEM TERAPIE AVANZATE SRL
• JCR PHARMACEUTICALS CO., LTD.
• KOLON TISSUEGENE, INC.
• MEDIPOST CO., LTD.
• MESOBLAST LTD
• NUVASIVE, INC.
• OSIRIS THERAPEUTICS, INC.
• STEMEDICA CELL TECHNOLOGIES, INC
• An in-depth market analysis includes analysis of various
regions, which is anticipated to provide a detailed
understanding of the current trends to enable stakeholders
formulate region-specific plans.
Key Findings of the • A comprehensive analysis of factors that drive and restrain
Cell therapy Market: the growth of the global is provided.
• The projections in this report are made by analyzing the
current trends and future market potential from 2021 to
2030, in terms of value.
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https://www.alliedmarketresearch.com/cell-therapy-market
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