Press release
Cell Therapy Market Growth, Trends, and Innovations | Global Insights & Forecast 2024-2031 | Top key players - Gilead Sciences, Inc., Novartis, AG, Vericel Corporation.
The Global Cell Therapy Market reached US$ 4.17 billion in 2023 and is expected to reach US$ 42.44 billion by 2031, growing at a CAGR of 30.67% during the forecast period 2024-2031.Cell Therapy Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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The Cell Therapy Market involves the use of living cells to treat diseases and medical conditions. This innovative approach focuses on replacing or repairing damaged tissues, boosting immune responses, and promoting healing. Cell therapies, including stem cell treatments and immune cell therapies, are gaining traction for their potential in treating conditions like cancer, autoimmune disorders, and degenerative diseases.
List of the Key Players in the Cell Therapy Market:
Gilead Sciences, Inc., Novartis, AG, Vericel Corporation, CO.DON GmbH, Bristol Myers Squibb Company, IOVANCE Biotherapeutics, Inc., Dendreon Pharmaceuticals LLC, Enzyvant Therapeutics GmbH, CellTrans, Gamida Cell Inc. among Others.
Industry Development:
In August 2024, the Food and Drug Administration (FDA) approved a cellular therapy known as afamitresgene autoleucel (afami-cel or Tecelra) to treat individuals with metastatic synovial sarcoma, a form of soft tissue sarcoma. This marks the first time the FDA has approved a T-cell receptor (TCR) therapy for cancer, representing a significant advancement in cancer treatment.
Growth Forecast Projected:
The Global Cell Therapy Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Cell Therapy Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Cell Therapy Market:
By Delivery Technology: Non Viral Delivery, Physical Methods, Chemical Methods, Viral Delivery.
By Cell Type: Stem Cell, Non-Stem Cell.
By Therapy Type: Autologous Therapy, Allogeneic Therapy.
By Application: Cancer, Autoimmune Disorders, Musculoskeletal Disorders, Dermatology, Others.
By End User: Hospitals, Specialty Clinics, Others.
Regional Analysis for Cell Therapy Market:
The regional analysis of the Cell Therapy Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Cell Therapy market?
➠ Who are the leading manufacturers in the global Cell Therapy industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Cell Therapy industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Cell Therapy market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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