Cell Therapy Human Raw Materials Market Thrives: Comprehensive Analysis Shows Market Segments, Growth Drivers, Demand Surge, and Competitive Landscape Insights

The new report published by The Business Research Company, titled "Cell Therapy Human Raw Materials Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the cell therapy human raw materials market size has grown exponentially in recent years. It will grow from $2.34 billion in 2023 to $2.81 billion in 2024 at a compound annual growth rate (CAGR) of 20.1%. The cell therapy human raw materials market size is expected to see exponential growth in the next few years. It will grow to $5.86 billion in 2028 at a compound annual growth rate (CAGR) of 20.2%.

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Rising Adoption Of Regenerative Medicine Is Driving The Cell Therapy Human Raw Materials Market
The rising adoption of regenerative medicine is expected to drive the cell therapy human raw materials market going forward. Regenerative medicine involves harnessing the body's own regenerative capabilities or using external stimuli such as stem cells, tissue engineering, or gene therapy to repair, replace, or regenerate damaged tissues and organs, aiming to restore normal function. Regenerative medicine gains visibility due to advancements in biotechnology, a rise in understanding cellular mechanisms, a growing demand for personalized medicine, and the potential to address unmet medical needs more effectively. Cell therapy and human raw materials facilitate the rising adoption of regenerative medicine by providing the essential biological components necessary for cell-based therapies, enabling the production of standardized and reliable treatments for various medical conditions. For instance, in August 2023, according to a report by the Alliance for Regenerative Medicine, a US-based non-profit organization, there were 2760 cell, gene, and tissue-engineering therapeutic developers worldwide in Q1 2023, up 101% since 1369 in Q1 2022. Moreover, financing for regenerative medicine and advanced therapies in 2021 will reach $22.7 billion, compared to $19.9 billion in 2020. Therefore, the rising adoption of regenerative medicine is driving the cell therapy human raw materials market.

Chemically Defined Mediums For Accelerated Development In The Cell Therapy Human Raw Materials Market
Major companies operating in the cell therapy human raw materials market increasingly focus on developing chemically defined cell culture mediums to accelerate cell therapy development. A cell culture medium is a nutrient-rich solution designed to provide essential nutrients, growth factors, and environmental conditions necessary for cells' in vitro growth and propagation outside their natural environment. For instance, in May 2023, Lonza Group AG, a Switzerland-based healthcare manufacturing organization, launched TheraPEAK T-VIVO Cell Culture Medium. This launch features a chemically defined formulation, serum-free, and animal component-free composition, recombinant proteins, enhanced culture and expansion support, and application assistance, ensuring consistency, safety, and regulatory compliance in cell therapy manufacturing. This medium represents significant technological advancements by eliminating animal components, chemically defined formulation, and regulatory-friendly characteristics, contributing to improved safety, quality, and regulatory compliance.

The cell therapy human raw materials market covered in this report is segmented -

1) By Product: Cell Culture Media, Cell Culture Sera, Cell Culture Supplements, Reagents And Buffers, Other Raw Materials
2) By Type Of Cell Therapy: Dendritic Cell Therapy, Natural Killer (NK) Cell Therapy, Stem Cell Therapy, T-Cell Therapy
3) By End-Use: Biopharmaceutical And Pharmaceutical Companies, Contract Research Organizations (CROs) And Contract Manufacturing Organization (CMOs), Academic And Research Institutions

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Major companies operating in the cell therapy human raw materials market are Thermo Fisher Scientific Inc., Danaher Corporation, Merck KGaA, GE Healthcare, Corning Incorporated, Lonza Group Ltd., Grifols S.A., WuXi AppTec, Catalent Inc., Sartorius AG, Charles River Laboratories, Bio-Rad Laboratories Inc., Pall Corporation, Bio-Techne Corporation, Miltenyi Biotec, Actylis, STEMCELL Technologies, Takara Bio Inc., Vericel Corporation, ACROBiosystems, BioIVT LLC, Orgenesis Inc., PromoCell GMBH, ViaCyte Inc., AllCells LLC, Sartorius CellGenix GmbH, Fujifilm Cellular Dynamics Inc., Mesoblast Limited, RoosterBio Inc., Thermogenesis Holdings Inc.

Contents of the report:
1. Executive Summary
2. Cell Therapy Human Raw Materials Market Report Structure
3. Cell Therapy Human Raw Materials Market Trends And Strategies
4. Cell Therapy Human Raw Materials Market - Macro Economic Scenario
5. Cell Therapy Human Raw Materials Market Size And Growth
…..
27. Cell Therapy Human Raw Materials Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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