Cell Therapy Market Growth, Future Prospects And Competitive Analysis (2020-2027) | Vericel Corporation,MEDIPOST,NuVasive, Inc.,Mesoblast Limited,JCR Pharmaceuticals Co. Ltd.,Smith & Nephew,Bristol-Myers Squibb Company,Cells for Cells,Stemedica Cell Techn

According to our new market research study on “Cell Therapy Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Therapy Type, Product, Technology, Application, and End User,” the market is expected to reach US$ 12,563.23 million by 2027 from US$ 7,260.50 million in 2019. It is estimated to grow at a CAGR of 7.2% from 2020–2027. The growth of the market is attributed to increasing prevalence of chronic diseases, rising adoption of regenerative medicines, and surging number of approvals for cell-based therapies. However, the high cost of cell therapy manufacturing hinders the growth of the market.

The cell therapy market, based on therapy type, is bifurcated into allogeneic and autologous. In 2019, the allogeneic segment accounted for a larger share owing to the availability of substantial number of approved products for clinical use. For instance, in 2018, Alofisel developed by TiGenix (Takeda) is the first allogeneic stem cell-based therapy approved for use in Europe.

Chronic diseases, such as cardiovascular disorders, neurological disorders, autoimmune disorders, and cancer, are the leading causes of death and disability worldwide. As per the Centers for Disease Control and Prevention (CDC), in 2019, nearly 6 in 10 people suffered from at least one chronic disease in the US. Cardiovascular diseases (CVDs) are a significant cause of mortality owing to the hectic lifestyle. As per the World Health Organization (WHO), CVDs are the number 1 cause of death globally, taking an estimated 17.9 million lives each year. Cancer is among the leading causes of mortality worldwide, and the disease affects a huge population; therefore, it acts as a huge financial burden on society. According to the WHO, in 2018, ~9.6 million deaths occurred due to cancer globally. However, growing research on developing effective treatments for the disease is positively affecting the market growth. Gene therapy and cell therapy are transforming the cancer treatment landscape; for example, Novartis Kymriah is used to treat diffuse large B-cell lymphoma. The launches of more such products would be driving the demand for cell therapy, thus driving the growth of the cell therapy market in the coming years.

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Bio-Cell Therapy is an emerging field of research which deals with the aspects of both, biotechnology and nanotechnology. Precise patterning of biomolecules with the help of nanometer resolution can offer wide range of benefits in medical and biological applications such as molecular diagnostics, cell biology, and advanced medical diagnosis.

The research dives deep into the global share, size, and trends, as well as growth rate of the Cell Therapy market to project its progress during the forecast period, i.e., 2020–2027. Most importantly, the report further identifies the past, present, and future trends that are expected to influence Cell Therapy the development rate of the Cell Therapy market. The research segments the market on the basis of product type, application, and region.

Cell Therapy Market– by Therapy Type

Allogeneic
Autologous
Cell Therapy Market– by Product

Consumables
Equipment
Systems and Software
Cell Therapy Market– by Technology

Viral Vector Technology
Genome Editing Technology
Somatic Cell Technology
Cell Immortalization Technology
Cell Plasticity Technology
Three-Dimensional Technology
Cell Therapy Market– by Application

Oncology
Cardiovascular
Orthopedic
Wound Management
Other Applications
Cell Therapy Market– by End User

Research Institutes
Hospitals
Others
Cell Therapy Market – by Geography

North America
US
Canada
Mexico
Europe
France
Germany
Italy
UK
Spain
Asia Pacific (APAC)
China
India
South Korea
Japan
Australia
Middle East and Africa (MEA)
South Africa
Saudi Arabia
UAE
South and Central America
Brazil
Argentina
 

Company Profiles

Vericel Corporation
MEDIPOST
NuVasive, Inc.
Mesoblast Limited
JCR Pharmaceuticals Co. Ltd.
Smith & Nephew
Bristol-Myers Squibb Company
Cells for Cells
Stemedica Cell Technologies, Inc,
Castle Creek Biosciences, Inc.
A detailed scrutiny of the regional terrain of the Cell Therapy market:

– The study broadly exemplifies, the regional hierarchy of this market, while categorizing the same into United States, China, Europe, Japan, Southeast Asia & India.

– The research report documents data concerning the market share held by each nation, along with potential growth prospects based on the geographical analysis.

– The study anticipates the growth rate which each regional segment would cover over the estimated timeframe.

Here we have listed the top Cell Therapy Market companies in the world

Reasons for buying this report:                       

– It offers an analysis of changing competitive scenario.

– For making informed decisions in the businesses, it offers analytical data with strategic planning methodologies.

– It offers a seven-year assessment of Cell Therapy Market.

– It helps in understanding the major key product segments.

– Researchers throw light on the dynamics of the market such as drivers, restraints, trends, and opportunities.

– It offers a regional analysis of Cell Therapy Market along with business profiles of several stakeholders.

Chapter Details of Cell Therapy Market: 

Part 01: Executive Summary

Part 02: Scope of The Report

Part 03: Cell Therapy Market Landscape

Part 04: Cell Therapy Market Sizing

Part 05: Cell Therapy Market Segmentation by Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

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This release was published on openPR.