Bone Marrow Transplantation Market Outlook 2023-2032: Market Size, Trends, Share And Insights | Merck Millipore Corporation, Sanofi SA, STEMCELL Technologies Inc., HemaCare Corporation, AllCells LLC

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Bone Marrow Transplantation Global Market Report 2023 identifies rising prevalence of cancer and other diseases as the major driver for the Bone Marrow Transplantation market's growth in the forecast period. Cancer is a severe disorder in which the body's cells reproduce fast and uncontrollably, resulting in abnormal growth. A bone marrow transplant aims to cure various illnesses and cancers by infusing healthy bone marrow cells into a person after their sick bone marrow has been treated to remove the abnormal cells. It helps in curing the rising occurrence of cancer and other illnesses.

The global bone marrow transplantation market size is expected to grow from $10.43 billion in 2022 to $11.09 billion in 2023 at a compound annual growth rate (CAGR) of 6.35%. 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 bone marrow transplantation market size is expected to reach $13.58 billion in 2027 at a CAGR of 5.21%.

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Major competitors in the Bone Marrow Transplantation market are Merck Millipore Corporation, Sanofi SA, STEMCELL Technologies Inc., HemaCare Corporation, AllCells LLC.

A key trend in the Bone Marrow Transplantation market includes technological advancement. Major healthcare companies operating in the bone marrow transplantation technology market are involved in developing new and improved technology to provide their customers with new methods to sustain their position in the market. For instance, in May 2020, Gamida Cell Ltd., a US-based advanced cell therapy company, announced positive topline results from its Phase 3 clinical study evaluating the safety and efficacy of omidubicel for patients in need of bone marrow transplant and received breakthrough therapy designation from the US Food and Drug Administration. Patients randomly randomized to omidubicel had a median time to neutrophil engraftment of 12 days, compared to 22 days for the comparator group (p0.001). Rapid neutrophil engraftment has been associated with fewer infections and shorter hospitalizations. It measures how quickly the stem cells a patient receives in a transplant are established and begin to make healthy new cells.

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The Bone Marrow Transplantation market is segmented -

1. By Type: Autologous Bone Marrow Transplant, Allogenic Bone Marrow Transplant
2. By Indication: Hodgkin Lymphoma, Acute Leukaemia, Multiple Myelomas, Solid Tumours, Non-Hodgkin Lymphoma, Other Indications
3. By End-Users: Hospitals, Multispecialty Clinics, Ambulatory Surgical Centers
4. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Bone Marrow Transplantation market.

The Business Research Company's "Global Bone Marrow Transplantation 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 Bone Marrow Transplantation Market Include:

1. Executive Summary
2. Bone Marrow Transplantation Market Characteristics
3. Bone Marrow Transplantation Market Trends And Strategies
4. Bone Marrow Transplantation Market - Macro Economic Scenario
5. Bone Marrow Transplantation Market Size And Growth
……
26. Africa Bone Marrow Transplantation Market
27. Bone Marrow Transplantation Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Bone Marrow Transplantation Market
29. Bone Marrow Transplantation Market Future Outlook and Potential Analysis
30. Appendix

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