Cell Therapy Market Size to Exceed USD 48.11 Billion by 2027
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Drivers, restraints, and opportunities-
Technological advancements in the medical field, rise in number of cell therapies in clinical studies, and increase in adoption of regenerative medicines fuel the growth of the market for global cell therapy. On the other hand, high costs of the therapy impede the growth to some extent. However, high growth potential in emerging markets is expected to pave the way for numerous opportunities for the key players in the sector.
• Covid-19 has made biopharmaceutical reformers across the world come forward in regards to the human response to the pandemic which, in turn, has impacted the global cell therapy market positively. Also, several biotech organizations have started taking the very initiative to examine the virus's genome so that they can come up with a sustainable vaccine.
• At the same time, the use of cell therapy has become quite predominant in the development of several regenerative medicines.
• Nonetheless, during the first phase of the lockdown, most clinics across the globe stopped undertaking new cases of stem cell therapy, organ transplants, and other treatments for the next few months which, in turn, hindered the market growth to some extent.
The stem cell segment to lead the trail by 2027-
Based on cell type, the stem cell segment contributed to nearly three-fifths of the global cell therapy market share in 2019 and is expected to retain its dominance by 2027. The same segment would also grow at the fastest CAGR of 26.1% throughout the forecast period. Increase in awareness regarding storage of stem cells have a positive effect on the market. Also, the number of stem cell banks is increasing in the developing nations. These factors fuel the growth of the segment.
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The allogeneic segment to maintain the lion's share-
Based on therapy type, the allogeneic segment accounted nearly three-fifths of the global cell therapy market revenue in 2019 and is anticipated to lead the trail from 2020 to 2027. Prevalence in cases of cancer relapse propels the segment growth. The autologous segment, on the other hand, would register the fastest CAGR of 26.0% by the end of 2027. Rise in incidences of chronic diseases such as autoimmune diseases, cancer, and blood disorders drives the segment growth.
North America to dominate in terms of revenue-
Based on region, North America generated the highest share in 2019, holding around half of the global cell therapy market. Huge amount of funding by governments and private firms for clinical trials boosts the market growth in the province. Simultaneously, Asia-Pacific would manifest the fastest CAGR of 31.6% from 2020 to 2027. Presence of large untapped opportunities such as expanding healthcare budgets and increase in disposable income of people in the region drive the market growth.
Key players in the industry-
• Osiris Therapeutics, Inc.
• Stemedica Cell Technologies, Inc.
• JCR Pharmaceuticals Co. Ltd.
• NuVasive, Inc.
• Cells for cells
• Kolon Tissue Gene, Inc.
• Medipost Co., Ltd.
• Mesoblast Ltd.
Table Of Content
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.3.Analyst tools & models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.Key findings of the study
CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.1.Top player positioning
3.2.2.Top investment pockets
3.2.3.Top winning strategies
3.3.Porter’s five forces analysis
220.127.116.11.Technological advancements in the field of cell therapy
18.104.22.168.Rise in number of cell therapy clinical studies
22.214.171.124.Rise in adoption of regenerative medicine
126.96.36.199.Developing stage and pricing
188.8.131.52.High growth potential in emerging markets
3.5.Impact of COVID-19 on cell therapy market
CHAPTER 4:CELL THERAPY MARKET, BY CELL TYPE
4.1.1.Market size and forecast
4.2.1.Key market trends and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market size and forecast, by type
184.108.40.206.Bone marrow, market size and forecast
220.127.116.11.Blood, market size and forecast
18.104.22.168.Umbilical cord-derived, market size and forecast
22.214.171.124.Adipose-derived stem cell, market size and forecast
126.96.36.199.Others (placenta, and nonspecific cells), market size and forecast
4.3.1.Key market trends and opportunities
4.3.2.Market size and forecast, by region
CHAPTER 5:CELL THERAPY MARKET, BY THERAPY TYPE
5.1.1.Market size and forecast
5.2.1.Key market trends and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country
5.3.1.Key market trends and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country
CHAPTER 6:CELL THERAPY MARKET, BY THERAPEUTIC AREA
6.1.1.Market size and forecast
6.2.1.Market size and forecast, by region
6.2.2.Market analysis, by country
6.3.1.Market size and forecast, by region
6.3.2.Market analysis, by country
6.4.1.Market size and forecast, by region
6.4.2.Market analysis, by country
6.5.1.Market size and forecast, by region
6.5.2.Market analysis, by country
6.6.1.Market size and forecast, by region
6.6.2.Market analysis, by country
CHAPTER 7:CELL THERAPY MARKET, BY END USER
7.1.1.Market size and forecast
7.2.Hospitals & clinics
7.2.1.Key market trends and opportunities
7.2.2.Market size and forecast, by region
7.2.3.Market analysis, by country
7.3.Academic & Research Institutes
7.3.1.Key market trends and opportunities
7.3.2.Market size and forecast, by region
7.3.3.Market analysis, by country...
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