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Personalized Cell Therapy Market 2018-2026 Overview, Growth, Types, Applications, Dynamics, Companies, Regions, And Forecast To 2026 | Coherent Market Insights

03-31-2021 09:32 AM CET | Health & Medicine

Press release from: Coherent Market Insights

Personalized Cell Therapy Market

Personalized Cell Therapy Market

The patient-tailored therapies for the treatment of various diseases is known as personalized cell therapy. The personalized cell therapy is based on genomic profile, and disease prevalence/severity and the drug developed by this therapy target the patients, who matches the specific disease physiopathology and/or patient characteristics. The personalized cell therapy is mainly developed for the treatment of high unmet need disease such as cancer, autoimmune disease, cardiovascular, neurologic, and inflammatory disease. Personalized cell therapy have application in platelet transfusions, packed red cell transfusions, bone marrow transplantation, and organ transplantation.

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Personalized Cell Therapy Market Dynamics

Personalized cell therapy aids in 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 allows physician to prepare treatment regime for the specific patient requirement. This helps the patient to recover at a significant pace and also helps avoid any major side effects, as individualized cell therapy is based on patient’s genomics.

Introduction of innovative personalized cell therapy and large number of cell therapies in pipeline by key players is expected to boost the market growth over the forecast period. For instance, in August 2017, the University of Pennsylvania and Children’s Hospital of Philadelphia (CHOP) received the U.S. Food and Drug Administration (FDA) approval for its newly developed personalized cellular therapy indicated for the treatmThe patient-tailored therapies for the treatment of various diseases is known as personalized cell therapy. The personalized cell therapy is based on genomic profile, and disease prevalence/severity and the drug developed by this therapy target the patients, who matches the specific disease physiopathology and/or patient characteristics. The personalized cell therapy is mainly developed for the treatment of high unmet need disease such as cancer, autoimmune disease, cardiovascular, neurologic, and inflammatory disease. Personalized cell therapy have application in platelet transfusions, packed red cell transfusions, bone marrow transplantation, and organ transplantation.

Personalized Cell Therapy Market Dynamics

Personalized cell therapy aids in 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 allows physician to prepare treatment regime for the specific patient requirement. This helps the patient to recover at a significant pace and also helps avoid any major side effects, as individualized cell therapy is based on patient’s genomics.

Introduction of innovative personalized cell therapy and large number of cell therapies in pipeline by key players is expected to boost the market growth over the forecast period. For instance, in August 2017, the University of Pennsylvania and Children’s Hospital of Philadelphia (CHOP) received the U.S. Food and Drug Administration (FDA) approval for its newly developed personalized cellular therapy indicated for the treatment of patients up to 25 years of age with B-cell precursor acute lymphoblastic leukemia (ALL) that is refractory or in second or later relapse.

Increased economic burden due to neurological disorders is expected to fuel the global personalized cell therapy market growth

There are several studies conducted on stem cell or personalized cell therapy candidates to treat neurological disorder and spinal cord injury. For instance, in September 2016, MAPFRE Foundation, announced its first clinical trial results of personalized cell therapy in patients with complete and chronic spinal cord injury. The study was conducted to implant mesenchymal stem cells, which can create different types of tissue to treat spinal cord injury.

Increasing development of personalized cell therapy products along with high prevalence of lifestyle diseases is driving the global personalized cell therapy market growth

Rising prevalence of chronic diseases and increasing incidence of cancer is expected to fuel growth of the global personalized cell therapy market over the forecast period. For instance, according to the National Cancer Institute (NCI), in 2016, there were an estimated 15.5 million cancer cases that have been reported in the U.S. Moreover, according to NCI, in 2017, around 15,270 children and adolescents of age group of 0 to 19 were diagnosed with cancer in the U.S. Furthermore, according to the International Diabetes Federation (IDF), in 2017, over 425 million adults suffered from diabetes globally, and this is expected to reach 629 million by 2045.

Manufacturers are conducting large number clinical trials, in order to develop novel personalized cell therapies targeting chronic diseases such as cancer, diabetes, and other autoimmune diseases. For instance, in April 2019, Orgenesis Inc. a developer, and service provider of advanced cell therapies received Institutional Review Board (IRB) approval to collect liver biopsies from patients at Rambam Medical Center located in Haifa, Israel. The sample will be collected to confirm the safety and efficacy of liver cells for personalized cell replacement therapy in the patients with insulin-dependent diabetes resulting from total or partial pancreatectomy. Thus, increasing research studies is expected to drive the global personalized cell therapy market growth.ent of patients up to 25 years of age with B-cell precursor acute lymphoblastic leukemia (ALL) that is refractory or in second or later relapse.

Increased economic burden due to neurological disorders is expected to fuel the global personalized cell therapy market growth

There are several studies conducted on stem cell or personalized cell therapy candidates to treat neurological disorder and spinal cord injury. For instance, in September 2016, MAPFRE Foundation, announced its first clinical trial results of personalized cell therapy in patients with complete and chronic spinal cord injury. The study was conducted to implant mesenchymal stem cells, which can create different types of tissue to treat spinal cord injury.

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Increasing development of personalized cell therapy products along with high prevalence of lifestyle diseases is driving the global personalized cell therapy market growth

Rising prevalence of chronic diseases and increasing incidence of cancer is expected to fuel growth of the global personalized cell therapy market over the forecast period. For instance, according to the National Cancer Institute (NCI), in 2016, there were an estimated 15.5 million cancer cases that have been reported in the U.S. Moreover, according to NCI, in 2017, around 15,270 children and adolescents of age group of 0 to 19 were diagnosed with cancer in the U.S. Furthermore, according to the International Diabetes Federation (IDF), in 2017, over 425 million adults suffered from diabetes globally, and this is expected to reach 629 million by 2045.

Manufacturers are conducting large number clinical trials, in order to develop novel personalized cell therapies targeting chronic diseases such as cancer, diabetes, and other autoimmune diseases. For instance, in April 2019, Orgenesis Inc. a developer, and service provider of advanced cell therapies received Institutional Review Board (IRB) approval to collect liver biopsies from patients at Rambam Medical Center located in Haifa, Israel. The sample will be collected to confirm the safety and efficacy of liver cells for personalized cell replacement therapy in the patients with insulin-dependent diabetes resulting from total or partial pancreatectomy. Thus, increasing research studies is expected to drive the global personalized cell therapy market growth.

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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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