GMP Cell Therapy Consumables Market: Exponential Rise Projected with $59 Billion by 2029 at a CAGR of 26.7%

A Decade of Opportunities: High Growth Forecasted for GMP Cell Therapy Consumables Market

What Is The Projected Market Size Of The Global GMP Cell Therapy Consumables Market And Its Growth Rate?
The GMP cell therapy consumables market has displayed impressive growth recently, with further exponential rise forecasted:
•Growth from $17.85 billion in 2024 to $22.87 billion in 2025 at a CAGR of 28.1%
•Expected to grow to $59 billion in 2029 at a CAGR of 26.7%
•Historic period growth due to advancements in regenerative medicine, cell therapy research, rising awareness of personalized medicine, clinical approvals and trials, and the prevalence of chronic diseases.
•The forecast period growth can be attributed to expansion of cell therapy applications, increase in cell therapy trials, regulatory support for cell therapies, emergence of advanced cell therapy platforms, and globalization of cell therapy manufacturing.

What Is Driving The Growth In The GMP Cell Therapy Consumables Market?
The surge in drug discovery is a significant factor propelling the GMP cell therapy consumables market's growth. The advent of molecular biology, genetics, bioinformatics, and high-throughput screening has revolutionized drug discovery, allowing for a better understanding of disease mechanisms, the identification of potential drug targets, and the efficient screening of large libraries of compounds for potential drug candidates. This upward trend in drug discovery, as exemplified by 37 new drugs and therapeutic biological products approved by FDA's Centre for Drug Evaluation and Research (CDER) in the US in 2022, is driving the growth of the GMP cell therapy consumables market.

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Who Are the Key Players Driving GMP Cell Therapy Consumables Market Growth?
Principal companies contributing to the growth of the GMP cell therapy consumables market include:
•Thermo Fisher Scientific Inc.
•Fresenius Kabi AG
•Danaher Corporation
•Merck KGaA.
•Asahi Kasei Corporation
•GE HealthCare Technologies Inc.
•Corning Incorporated
•Avantor Inc.
•Lonza Group AG
•Terumo Corporation
•Catalent Inc.

What Are The Key Trends In The GMP Cell Therapy Consumables Market?
Major trends in the GMP cell therapy consumables market include:
•Investments in manufacturing infrastructure
•Technological innovations in cell processing
•Collaborations and partnerships
•Digitalization and data integration
•Strategic alliances and mergers

What Are The Segments Of The Global GMP Cell Therapy Consumables Market?
The GMP cell therapy consumables market is categorized into segments:
1)By Product: Kits, Reagents Or Molecular Biology reagents, Growth Factors Or Cytokines And Interleukins, Other Products
2)By Cell Therapy: NK Cell Therapy, Stem Cell Therapy, T-Cell Therapy, Other cell therapies
3)By Process: Cell Collection And Characterization Or Sorting And Separation, Cell Culture And Expansion Or Preparation, Cryopreservation, Cell Processing And Formulation, Cell Isolation And Activation, Cell Distribution Or Handling, Process Monitoring And Control Or Re-administration Or Quality Assurance, Other Processes
4)By End-Use: Clinical, Commercial, Research

Which Region Leads The GMP Cell Therapy Consumables Market?
North America was the largest region in the GMP cell therapy consumables market in 2024. However, Asia-Pacific is forecasted to be the fastest-growing region during the projected period.

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What Is Covered In The GMP Cell Therapy Consumables Market Global Market Report?
- Market Size Analysis: Analyze the GMP Cell Therapy Consumables Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the GMP Cell Therapy Consumables 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 GMP Cell Therapy Consumables Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the GMP Cell Therapy Consumables Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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