Cell Therapy Market Expected to Witness a Sustainable Growth with Top Players | Celyad, Regen BioPharma, Cellular Therapeutics Ltd, TxCell, and others
Global cell therapy market is expected to rise from its initial estimated value of USD 5.52 billion in 2018 to an estimated value of USD 8.70 billion by 2026, registering a CAGR of 5.85% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing investments and funding from government and private institutions.
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Market Drivers and Restraints:
• Advancements in technology and products are expected to drive the market growth
• Decline in prices and effectiveness of cell therapy is expected to drive the market growth
• Enforcement of reevaluated regulations and increased surveillance over practicing unapproved cell therapies is expected to restrain the market growth
• Lack of appropriate and advanced healthcare infrastructure in developing regions is expected to restrain the market growth
Few of the major competitors currently working in the cell therapy market are Vericel, Kolon TissueGene Inc., JCR Pharmaceuticals Co. Ltd., MEDIPOST, Osiris, Stemedica Cell Technologies Inc., NuVasive Inc., Fibrocell Science Inc., Cellectis, BioNTech IMFS, pluristem, Grupo Praxis, Genzyme Corporation, Advanced Tissue, Cells for Cells, PHARMICELL Co. Ltd, ANTEROGEN.CO.LTD., Novartis AG, GlaxoSmithKline plc, and others
• By Type (Autologous, Allogeneic),
• By Technology (Somatic Cell Technology, Cell Immortalization Technology, Viral Vector Technology, Genome Editing Technology, Cell Plasticity Technology, Three-Dimensional Technology),
• By Cell Source (iPSCs, Bone Marrow, Umbilical Cord Blood-Derived Cells, Adipose Tissues, Neural Stem Cell),
• By Application (Musculoskeletal, Cardiovascular, Gastrointestinal, Neurological, Oncology, Dermatology, Wounds & Injuries, Ocular, Others),
• By End-User (Hospitals & Clinics, Regenerative Medicine Centers, Diagnostic & Research Centers, Others)
• Based on the geography (North America, South America, Asia and Pacific region, Middle east and Africa, Europe)
Global cell therapy market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cell therapy market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Get Detailed TOC with Tables and Figures at https://www.databridgemarketresearch.com/toc/?dbmr=global-cell-therapy-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report.
Potential Held by the Report:
• Recent industry trends and developments
• Market Penetration: Comprehensive information on the product portfolios of the top players in the trocars market
• To gain insightful analyses of the market and have a comprehensive understanding of the “Cell Therapy Market” and its commercial landscape
• To understand the future outlook and prospects for market analysis and forecast 2018-2025.
• Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments, and product portfolios of the leading players in the trocars market
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