Allogenic Cell Therapies Market: A Flourishing Field with Potential to Treat Multiple Diseases

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Allogenic Cell Therapies Market- by Cell Type(Cardiosphere-Derived Cells (CDCs), Fibroblasts, T-cells, Mesenchymal Stem Cells (MSCs), Hematopoietic Stem Cells (HSCs) and Others),Tissue Source(Skin, Blood, PBC, BM and Others), Indication (Acute graft-versus-host disease (GVHD), Chronic Ulcers and Diabetic Foot Ulcers, Osteoarthritis, Crohn's Disease, Cardiovascular Disease, Solid Tumors/Cancers and Others (Alzheimer's Disease, etc.)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."

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According to the latest research by InsightAce Analytic, the globalAllogenic Cell Therapiesmarketwill be valued at US$ 988.37 Million in 2021. It is expected to reach US$ 2853.34 Million by 2031, with a CAGR of 12.7% during a forecast period of 2024-2031.

The outcomes of allogeneic cell treatment products prior to and following clinical testing are encouraging. Allogeneic cell therapies are composed of healthy cells derived from unrelated donors. These therapies utilize a single source of cells to provide treatment for numerous patients. Throughout the course of treatment, the patient receives healthy cells (stem cells) from a donor in order to replenish any cells that have been damaged or eliminated. The increasing need for novel and enhanced treatments for myocardial infarctions, neurodegeneration, and immunological disorders has led to a surge in allogeneic cell therapy sales, stem cell therapy activity, research endeavors, and funding for cell-based research.

The demand for allogeneic cell therapy manufacturing is anticipated to be driven throughout the forecast period by a number of factors, including the increasing prevalence of chronic diseases such as cancer, diabetes, and cardiovascular diseases, rising government funding for stem cell therapies, an aging population, the development of healthcare infrastructure, technological advancements, and growing public awareness regarding the benefits of allogeneic cell therapies. For the treatment of chronic ailments, a multitude of pharmaceutical companies are implementing allogeneic cell therapies.

The increasing demand for cost-effective and efficient cell and gene therapies has led to an expansion of bioassay services through the outsourcing of contract research organizations (CROs), thereby improving the outlook for market growth in the near term. Nevertheless, the production of allogeneic cell therapies might encounter growth constraints in the coming years due to exorbitant development expenses and challenges associated with immune rejection.

The market for allogenic cell therapies is expected to experience growth in North America as a result of several factors, including the region's elevated prevalence of chronic diseases, augmented investments in research and development for cell therapy, and the swift adoption of state-of-the-art technologies. Furthermore, it is anticipated that the Asia Pacific allogenic cell therapy market will experience substantial expansion. The expansion of the pharmaceutical manufacturing sector and the increasing financial commitment to cell therapy have been significant factors driving the market's development in the Asia-Pacific area.

Major market players operating in the Allogenic Cell Therapies market include
AtaraBiotherapeutics, ArtivaBiotherapeutic, Adaptimmune Therapeutics plc, Adicet Bio, Inc., Allogene Therapeutics, Athersys, Inc., BioCardia Inc., Bluebird Bio, BlueRock Therapeutics LP, Bone Therapeutics, Celyad, Capricor Therapeutics, Cellectis, Cyto Therapeutics Pty Limited, Cynata Therapeutics, Century Therapeutics, GammaDelta Therapeutics Limited, Fate Therapeutics, Osiris Therapeutics, Inc., Organogenesis Inc., Mesoblast Ltd, MEDIPOST, Nkarta, Inc., NantKwest, Pluristem Therapeutics Inc, Regeneus, Lineage Cell Therapeutics, Inc., Stempeutics, Stemedica Cell Technologies, Inc., TiGenix (Takeda) and TCR² Therapeutics.

Recent collaborations and agreements in the market:
• In January 2022,Rexlemestrocel-L (MPC-06-ID), an allogeneic cell therapy, was tested in a Phase 3 trial on patients with CLBP (chronic low back pain) associated with DDD. Mesoblast Limited (Australi), a global leader in allogeneic cellular medicines for inflammatory diseases, presented the 36-month follow-up results (degenerative disc disease). In this study, a single intra-discal injection of the rexlemestrocel-L+hyaluronic acid (HA) carrier resulted in a significant three-year reduction in back pain.
• In November 2021, a non-binding term sheet for the global rights to ALLOB, the allogeneic bone cell therapy of BONE THERAPEUTICS (Belgium), was signed between Link Health Pharma Co., Ltd. and the cell therapy firm.

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Market Segments
Global Allogenic Cell Therapies Market, by Cell Type, 2024-2031 (Value US$ Mn)
• Cardiosphere-Derived Cells (CDCs)
• Fibroblasts
• T-cells
• Mesenchymal Stem Cells (MSCs)
• Hematopoietic Stem Cells (HSCs)
• Others

Global Allogenic Cell Therapies Market, by Tissue Source, 2024-2031 (Value US$ Mn)
• Skin
• Blood
• PBC
• BM
• Others

Global Allogenic Cell Therapies Market, by Indication, 2024-2031 (Value US$ Mn)
• Acute graft-versus-host disease (GVHD)
• Chronic Ulcers and Diabetic Foot Ulcers
• Osteoarthritis
• Crohn's Disease
• Cardiovascular Disease
• Solid Tumors/Cancers
• Others (Alzheimer's Disease, etc.)

Global Allogenic Cell Therapies Market, by Region, 2024-2031 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

North America Allogenic Cell Therapies Market, by Country, 2024-2031 (Value US$ Mn)
• U.S.
• Canada

Europe Allogenic Cell Therapies Market, by Country, 2024-2031 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe

Asia Pacific Allogenic Cell Therapies Market, by Country, 2024-2031 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand

Latin America Allogenic Cell Therapies Market, by Country, 2024-2031 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa Allogenic Cell Therapies Market, by Country, 2024-2031 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa

Why should buy this report:
 To receive a comprehensive analysis of the prospects for the global Allogenic Cell Therapies market
 To receive an industry overview and future trends of theAllogenic Cell Therapies market
 To analyzethe Allogenic Cell Therapies market drivers and challenges
 To get information on the Allogenic Cell Therapies marketvalue (US$ Mn) forecast to 2030
 Significantinvestments, mergers &acquisitions in the Allogenic Cell Therapies marketindustry

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