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Global Autologous Cell Therapy Market 2024 Competitive Landscape, Industry Analysis, Segmentation And Forecast To 2033 | Major Players Are Bristol-Myers Squibb Company, Novartis AG, Vericel Corporation, Holostem Terapie Avanzate S.r.l., Pharmicell Co. Ltd
Autologous Cell Therapy Market
The Business Research Company offers in-depth market insights through Autologous Cell Therapy Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The autologous cell therapy market size has grown rapidly in recent years. It will grow from $8.58 billion in 2023 to $10.22 billion in 2024 at a compound annual growth rate (CAGR) of 19.2%. The growth in the historic period can be attributed to advancements in regenerative medicine, increased prevalence of chronic diseases, enhanced understanding of cellular biology, patient preference for personalized medicine, clinical success and positive outcomes..
The autologous cell therapy market size is expected to see rapid growth in the next few years. It will grow to $19.53 billion in 2028 at a compound annual growth rate (CAGR) of 17.6%. The growth in the forecast period can be attributed to continued growth in regenerative medicine, expanding applications across medical specialties, advancements in cell culture techniques, increasing investment and research initiatives, regulatory support and standardization.. Major trends in the forecast period include development of automated manufacturing technologies, integration of biomarkers in treatment strategies, emergence of point-of-care cell processing, expansion beyond hematopoietic stem cells, collaborations and partnerships in the industry..
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Market Segmentation:
The autologous cell therapy market covered in this report 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
Major Driver - High Prevalence Of Chronic Diseases Drives Growth In Autologous Cell Therapy Market
The high prevalence of chronic diseases is expected to drive the growth of autologous cell therapy. 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. For instance, in January 2023, according to the National Library of Medicine, a US-based agency, the number of people in the US aged 50 and older who have at least 1 chronic condition would increase to 142.66 million by 2050. Thus, the high prevalence of chronic diseases is driving the growth of the autologous cell therapy market.
Competitive Landscape:
Major companies operating in the autologous cell therapy market report are Bristol-Myers Squibb Company, Novartis AG, Vericel Corporation, Holostem Terapie Avanzate S.r.l., Pharmicell Co. Ltd., Opexa Therapeutics Inc., Tego Science AB, Brainstorm Cell Therapeutics Inc., Caladrius Biosciences Inc., Lineage Cell Therapeutics Inc., Castle Creek Biosciences Inc., Gilead Sciences Inc., Johnson & Johnson, CORESTEM Inc., Dendreon Pharmaceuticals LLC, Medipost Co. Ltd., PharmaJet Inc., Bioject Medical Technologies Inc., Medical International Technology Inc., INJEX Pharma AG, Lonza Group Ltd., Corning Incorporated, Takeda Pharmaceutical Company Limited, CSL Limited, AstraZeneca plc, Moderna Inc., Sinovac Biotech Ltd., Valneva SE, Bavarian Nordic A/S, Dynavax Technologies Corporation
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Top Trend - Technological Advancements Drive Efficiency In Autologous Cell Therapy Market
Technological advancement is a key trend in gaining popularity in the autologous cell therapy market. 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.
The Table Of Content For The Market Report 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
…..
27. Autologous Cell Therapy Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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