Autologous Cell Therapy Global Market Report 2024 Global Market Analysis, Trends, Growth, Research And Forecast 2033

The Business Research Company recently released a comprehensive report on the Global Autologous Cell Therapy Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

According to The Business Research Company's, 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 Drivers and Trends:

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.

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.

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Major Key Players of the Market:

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

Autologous Cell Therapy Market 2024 Key Insights:

• The autologous cell therapy market size will grow to $19.53 billion in 2028 at a compound annual growth rate (CAGR) of 17.6%.
• High Prevalence Of Chronic Diseases Drives Growth In Autologous Cell Therapy Market
• Technological Advancements Drive Efficiency In Autologous Cell Therapy Market
• North America was the largest region in the autologous cell therapy market in 2023

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