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Personalized Cell Therapy Market Advancements to Watch Out For 2026 | Cytori Therapeutics, Bellicum Pharmaceuticals, Saneron CCEL Therapeutics

05-20-2019 01:24 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Coherent Market Insights

Personalized Cell Therapy

Personalized Cell Therapy

Individualized treatment for various diseases such as cancer and autoimmune diseases by injecting living cells into a patient’s body is known as personalized cell therapy. Various types of living cells such as mature and immature solid tissue cells, adult stem cells, blood and bone marrow cells, and embryonic stem cells are used for personalized cell therapy. It has various applications such as platelet transfusions, bone marrow transplantation, whole blood transfusions, packed red cell transfusions, and organ transplantation. Due to its ability to treat various diseases, personalized cell therapy has received extensive acceptance among surgeons and patients. It is used to treat neurological diseases such as Parkinson’s disease and amyotrophic lateral sclerosis, spinal cord injuries, diabetes, and cancer.

According to Centre for Disease Control (CDC), globally, around 14.1 million people were diagnosed with cancer in 2012, leading to 8.2 million fatalities. It is projected that around 19.3 million new cancer cases will be diagnosed by 2025. Furthermore, as per International Diabetes Federation (IDF), in 2015, over 415 million people suffered from diabetes and this number is expected to reach 642 million by 2040. It is expected that rising prevalence of chronic diseases and rapid spurt in incidence rate of cancer cases will fuel the growth of the global personalized cell therapy market.

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The continuous development in science and technology sector has led to development of various novel individualized drugs, which would fuel growth of the personalized cell therapy market in the near future. Personalized cell therapy favors the accurate diagnosis of the disease and active monitoring of the treatment response and disease progression. This allows for early detection of diseases at molecular level and enables the physician to prepare the treatment regime for the specific patient requirement. This helps the patient recover at a significant pace and also helps avoid any major side effects, as individualized cell therapy is based on patient’s genomics.

Newly introduced procedures and techniques are expected to favor increase in adoption rate for personalized cell therapy in the near future. New ventures in the biologics industry are expected to be a major push for the market to grow, for instance, a high demand for biological compounds is influencing organizations to manufacture products using the biopharmaceutical process, which is further administered through injections.

Large untapped markets in emerging economies can be capitalized upon through favorable product pricing, which further can facilitate the increase in number of procedures worldwide. Also, as the manufacturing cost requirement is low in emerging economies as compare to developed countries this will help to grow the market in emerging economies such as India and China.

Detailed Segmentation:

Global Personalized Cell Therapy Market, By Applications:
Platelet Transfusions
Bone Marrow Transplantation
Packed Red Cell Transfusions
Organ Transplantation
Global Personalized Cell Therapy Market, By Therapeutic Area:
Cardiovascular Diseases
Neurological Disorders
Inflammatory Diseases
Diabetes
Cancer

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There are several studies conducted on stem cell or personalized cell therapy to treat neurological disorder and spinal cord injury. For instance, in September 2016, MAPFRE Foundation, announced first clinical trial results on personalized cell therapy in patients with complete and chronic spinal cord injury. The study was to implant mesenchymal stem cells, which can create different types of tissue to treat spinal cord injury. The results obtained, explains the improvement in sensitivity and spasticity (muscle stiffness) in all cases, bowel improvement and bladder control in over 80% of patients. Thus, players in the global personalized cell therapy market are focusing efforts to cater to this large target audience.

Some of the major companies in personalized cell therapy market are Cytori Therapeutics Inc., Bellicum Pharmaceuticals, Inc., Saneron CCEL Therapeutics, Inc., MolMed S.p.A. and Vericel Corporation.

About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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