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Autologous Cell Therapy Market Explosive Growth, Emerging Trends, Top Players And Outlook By 2032
Autologous Cell Therapy Market Analysis
The Business Research Company's Autologous Cell Therapy Global Market Report 2023 identifies high prevalence of chronic diseases as the major driver for the autologous cell therapy market's growth in the forecast period. Chronic disease is a condition or illness that lasts more than a year and requires ongoing medical treatment. Autologous cell therapy offers a promising approach for treating and managing these conditions that use an individual's cells, which are cultivated and enlarged outside the body before being reintroduced into the donor.
The global autologous cell therapy market size is expected to grow from $7.19 billion in 2022 to $8.58 billion in 2023 at a compound annual growth rate (CAGR) of 19.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global autologous cell therapy market size is expected to reach $16.66 billion in 2027 at a CAGR of 18.06%.
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Major competitors in the autologous cell therapy market are Bristol Myers Squibb, Novartis, Vericel Corporation, Holostem Terapie Avanzate S.r.l., Pharmicell Co. Inc.
A key trend in the autologous cell therapy market includes technological advancement. Major players in the market are automating the autologous cell therapy process to bring efficiency and sustain their businesses. For instance, in April 2022, Lonza, a Switzerland-based manufacturing company for the pharmaceutical, biotechnology, and nutrition sectors, developed the Cocoon Platform, a cutting-edge technology for manufacturing personalized cell and gene therapies. The Cocoon Platform utilizes an automated closed system, which minimizes the risk of contamination and ensures the sterility of the manufacturing process. As a result, it dramatically improves quality, lowers labor and material costs, and enables effective scaling-up of autologous T-cell products.
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The autologous cell therapy market is segmented -
1) By Therapy: Autologous Stem Cell Therapy, Autologous Cellular Immunotherapies
2) By Source: Bone Marrow, Epidermis, Mesenchymal Stem Cells, Hematopoietic Stem Cells, Chondrocytes, Other Sources
3) By Application: Cancer, Neurodegenerative Disorders, Cardiovascular Disorders, Autoimmune Disorders, Orthopedics, Wound Healing, Other Applications
4) By End User: Hospitals And Clinics, Ambulatory Centers, Academics And Research, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the autologous cell therapy market.
The Business Research Company's "Global Autologous Cell Therapy Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Autologous Cell Therapy Market Include:
1. Executive Summary
2. Autologous Cell Therapy Market Characteristics
3. Autologous Cell Therapy Market Trends And Strategies
4. Autologous Cell Therapy Market - Macro Economic Scenario
5. Autologous Cell Therapy Market Size And Growth
…….
26. Africa Autologous Cell Therapy Market
27. Autologous Cell Therapy Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Autologous Cell Therapy Market
29. Autologous Cell Therapy Market Future Outlook and Potential Analysis
30. Appendix
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