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Autologous Stem Cell And Non-Stem Cell Based Therapies Market Size, Share, Growth Trends And Outlook Forecast 2024-2033
Autologous Stem Cell And Non-Stem Cell Based Therapies Market Size
As per the report, the autologous stem cell and non-stem cell based therapies market size has grown rapidly in recent years. It will grow from $8.58 billion in 2023 to $9.96 billion in 2024 at a compound annual growth rate (CAGR) of 16.1%. The autologous stem cell and non-stem cell based therapies market size is expected to see rapid growth in the next few years. It will grow to $18.16 billion in 2028 at a compound annual growth rate (CAGR) of 16.2%.
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Personalized Therapies Driving Growth In Autologous And Non-Stem Cell Therapies Market
The demand for personalized therapies is expected to propel the growth of the autologous stem cell and non-stem cell-based therapies market going forward. Personalized therapies are medical treatments designed to maximize benefits and minimize adverse effects based on a patient's unique genetics, lifestyle, and preferences. Personalized therapies are on the rise owing to several factors, such as advances in genetics and technology that allow for more precise and effective treatments with fewer side effects, increased patient demand for tailored care, and the potential for healthcare cost savings. Personalized therapies improve the use of autologous stem cell and non-stem cell-based treatments by customizing them to a person's unique genetic and health characteristics, leading to better results and fewer complications. For instance, according to the Personalized Medicine Coalition, a US-based professional membership organization, in 2022, the approval of 12 new personalized medicines represented approximately 34% of all newly approved therapies, indicating a substantial increase from previous years. Therefore, the demand for personalized therapies drives the autologous stem cell and non-stem cell-based therapies market.
Advancements In Autologous T-cell Immunotherapy
Major companies in the autologous stem cell and non-stem cell-based therapies market are developing tumor-derived autologous T cell immunotherapy to enhance personalized cancer treatment approaches. Tumor-derived autologous T cell immunotherapy works by extracting T cells from a patient's tumor, expanding and activating them in the lab, and reinfusing them into the patient to enhance the immune system's ability to target and destroy cancer cells specifically. For instance, in February 2024, Iovance Biotherapeutics, a US-based biotechnology company, received accelerated approval from the Food and Drug Administration, a US-based federal agency, for Amtagvi (lifileucel), the first cellular therapy indicated for the treatment of adult patients with melanoma. Lifileucel is a tumor-derived autologous T-cell immunotherapy. It comprises a patient's naturally occurring immune cells called tumor-infiltrating lymphocytes (TILs). This allows the patient's immune system to recognize and attack the cancer more effectively.
The autologous stem cell and non-stem cell based therapies market covered in this report is segmented -
1) By Type: Autologous Stem Cells, Autologous Non-Stem Cells, Other Types
2) By Application: Cancer, Neurodegenerative Disorders, Cardiovascular Disease, Orthopedic Diseases, Other Applications
3) By End-User: Hospitals, Ambulatory Surgical Centers, Research Facilities, Other End Users
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Major companies operating in the autologous stem cell and non-stem cell based therapies market are Bayer AG, Novartis AG, Takeda Pharmaceutical Company Limited, Gilead Sciences Inc., Merck & Co. Inc., Stemcell Technologies Inc., Dendreon Corporation, Vericel Corporation, Sangamo Therapeutics Inc., NEOSTEM, Orgenesis Inc., Adaptimmune Therapeutics, Stempeutics Research Pvt Ltd., MEDIPOST, Castle Creek Biosciences Inc., BrainStorm Cell Limited, Athersys Inc., Cytori Therapeutics Inc., Opexa Therapeutics, Gamida Cell, Regen BioPharma Inc., RepliCel Life Sciences, InGeneron Inc., BioCardia Inc., ReNeuron Group
Contents of the report:
1. Executive Summary
2. Autologous Stem Cell And Non-Stem Cell Based Therapies Market Report Structure
3. Autologous Stem Cell And Non-Stem Cell Based Therapies Market Trends And Strategies
4. Autologous Stem Cell And Non-Stem Cell Based Therapies Market - Macro Economic Scenario
5. Autologous Stem Cell And Non-Stem Cell Based Therapies Market Size And Growth
…..
27. Autologous Stem Cell And Non-Stem Cell Based Therapies Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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