Press release
Bone Marrow Transplantation Market: Robust Growth At CAGR of 5.7% Forecasted by 2029
Bone Marrow Transplantation Market Size
What Is The Projected Market Size Of The Global Bone Marrow Transplantation Market And Its Growth Rate?
Key statistics pertaining to the bone marrow transplantation market are as follows:
- The market size increased from $11.61 billion in 2024 to $12.23 billion in 2025, expanding at a compound annual growth rate (CAGR) of 5.4%.
- The market growth could be attributed to government support, better healthcare infrastructure, increasing awareness, the prevalence of hematologic disorders, and an aging population.
- A strong growth trajectory is expected in the coming years, potentially reaching $15.25 billion in 2029 with a CAGR of 5.7%.
- Such growth in the forecast period is likely due to advancements in immunotherapy, raising demand for allogeneic transplants, expanding applications for non-hematologic diseases, global collaboration, and partnerships.
What Is Driving The Growth In The Bone Marrow Transplantation Market?
The bone marrow transplantation market is set to grow due to increasing incidences of cancer and other diseases. Cancer, characterized by abnormal cellular growth, can be effectively treated with bone marrow transplantation. The procedure involves the infusion of healthy bone marrow cells into a patient after removing the abnormal ones. For instance, in 2022 the American Cancer Society reported an expected 1.9 million new cancer diagnoses which may result in approximately 609,360 fatalities in the United States. These statistics underline the rising prevalence of cancer and other diseases, contributing to the growth of the bone marrow transplantation market.
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Who Are the Key Players Driving Bone Marrow Transplantation Market Growth?
The major players contributing to the growth of the bone marrow transplantation market include:
- Merck Millipore Corporation
- Sanofi SA
- STEMCELL Technologies Inc.
- HemaCare Corporation
- AllCells LLC
- Lonza Group Ltd.
- Conversant Bio Company
- Lifeline Cell Technology LLC
- Mesoblast Ltd., PromoCell GmbH
- ATCC Inc. (American Type Culture Collection)
- Qiagen N.V.
What Are The Key Trends In The Bone Marrow Transplantation Market?
The primary trends in the bone marrow transplantation market include:
- Technological advancements
- Increasing demand for allogeneic transplants
- Rising applications in non-malignant diseases
- Emergence of car-t cell therapies
- Enhanced pre-transplant diagnostics
What Are The Segments Of The Global Bone Marrow Transplantation Market?
The bone marrow transplantation market can be segmented as follows:
- Type: Autologous Bone Marrow Transplant, Allogenic Bone Marrow Transplant
- Indication: Hodgkin Lymphoma, Acute Leukemia, Multiple Myelomas, Solid Tumors, Non-Hodgkin Lymphoma, Other Indications
- End-Users: Hospitals, Multispecialty Clinics, Ambulatory Surgical Centers
Which Region Leads The Bone Marrow Transplantation Market?
North America was the largest region in the bone marrow transplantation market in 2024. During the forecast period, Asia-Pacific is predicted to experience the fastest growth. The bone marrow transplantation market report covers regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
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What Is Covered In The Bone Marrow Transplantation Market Global Market Report?
- Market Size Analysis: Analyze the Bone Marrow Transplantation Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Bone Marrow Transplantation Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Bone Marrow Transplantation Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Bone Marrow Transplantation Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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