Press release
Advanced Therapy Medicinal Products Market to Reach USD 27.29 Bn by 2029, emerging at a CAGR of 13.2 percent and forecast 2023-2029
Advanced Therapy Medicinal Products Market
The success of groundbreaking products such as Kymriah and Zolgensma has significantly driven the market's growth. The global response to the COVID-19 pandemic has also accelerated the adoption of innovative therapies, particularly in virology research, with T-cell therapy demonstrating potential for treating high-risk COVID-19 patients. This surge in demand for advanced treatment research and development for infectious diseases has contributed to the market's expansion.
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Advanced Therapy Medicinal Products Market Research Methodology:
The Advanced Therapy Medicinal Products Market report provides an in-depth analysis of the market, offering valuable insights into the emerging trends, competitive landscape, and growth prospects. The research methodology employed encompasses a blend of primary and secondary research, leveraging robust data analysis techniques to provide a clear understanding of the market dynamics and future potential.
What are Advanced Therapy Medicinal Products Market Dynamics:
The introduction of Advanced Therapy Medicinal Products (ATMPs) has changed the pharmaceutical business and the panorama of medical treatment. It has laid the foundation for novel treatments for incurable illnesses and cancers of different kinds. The market is being driven by the success of products like Kymriah, Zolgensma, and others. The COVID-19 pandemic has driven a significant increase in the use of innovative treatments in virology research. T-cell therapy has the potential to cure high-risk COVID-19 infected patients, as mentioned in research published in December 2020. Before this, the FDA in the United States authorized ALVR109 (an allogeneic T-cell therapy IND application) for the treatment of COVID-19 patients in September 2020. This is likely to propel expenditure in advanced treatment research and development for SARS-CoV2 infections.
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Advanced Therapy Medicinal Products Market Regional Insights:
North America continues to dominate the Advanced Therapy Medicinal Products Market, accounting for 47% of revenue in 2021. The region's favorable regulatory environment, successful product launches, and substantial investments in research and development contribute to its market leadership. Additionally, North America is a hub for clinical investigations, with the United States contributing significantly to immunotherapy trials worldwide.
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What is Advanced Therapy Medicinal Products Market Segmentation:
by Therapy Type
• Cell Therapy
o Stem Cell Therapy
o Non-stem Cell Therapy
• CAR-T Therapy
• Gene Therapy
• Tissue Engineered Product
by Disease Type
• Alzheimer's
• Cystic Fibrosis
• Muscular Dystrophies
• Hemophilia
by Distribution Channel
• Hospital Pharmacy
• Retail Pharmacy
• Online Pharmacy
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Who are Advanced Therapy Medicinal Products Market Key Players:
• Spark Therapeutics, Inc.
• Bluebird Bio, Inc.
• Novartis AG
• UniQure N.V.
• Celgene Corporation
• Gilead Lifesciences, Inc.
• Kolon TissueGene, Inc.
• JCR Pharmaceuticals Co., Ltd.
• MEDIPOST;
• Vericel Corporation;
• PHARMICELL Co., Ltd
• Organogenesis Inc.
• ViaCyte
• Magenta Therapeutics
• ReNeuron
• Promethera Biosciences
• Fate Therapeutics
• Century Therapeutics
Table of content for the Advanced Therapy Medicinal Products Market includes:
1. Advanced Therapy Medicinal Products Market: Research Methodology
2. Advanced Therapy Medicinal Products Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Advanced Therapy Medicinal Products Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• MandA by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4.Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2022 to 2029)
• Past Pricing and price curve by region (2022 to 2029)
• Market Size, Share, Size and Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by growth and trend
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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