Press release
Cell Therapy Technologies Market Size Expected to Reach USD 44.43 Billion by 2034 | CAGR: 22.6%
The market for cell therapy technologies is poised to witness robust growth, according to the latest research report by Polaris Market Research. The market was valued at USD 5.80 billion in 2024 and is projected to grow to USD 44.43 billion by 2034. It is anticipated to exhibit a CAGR of 22.6% during 2025-2034.
What Are Cell Therapy Technologies?
Cell therapy technologies refer to advanced medical treatments where viable cells are administered to a patient for treating or curing a disease. These technologies are part of the broader field of regenerative medicine. They focus on repairing or replacing damaged tissues and organs, as well as addressing various conditions at the cellular level. Cell therapy technologies can use a variety of cell types, including stem cells, immune cells, islet cells, or cardiomyocytes. In some cases, the cells may be modified or genetically engineered to enhance their therapeutic properties.
Key cell therapy technologies include somatic cell technology, viral vector technology, cell immortalization technology, cell plasticity technology, and genome editing technology. Somatic cell technology involves the use of differentiated, non-reproductive cells to replace or repair damaged tissues. Viral vector technology plays a crucial role in delivering genetic material into cells, whereas genome editing technology allows for precise modifications of DNA within living cells to correct genetic defects or enhance therapeutic function.
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What's Driving Market Forward?
Increasing Government Funding and Support: Governments globally are recognizing the potential of cell therapies in transforming medical treatments. In response, they are allocating significant funds for R&D in the field. These fundings are accelerating discoveries and enabling the translation of research into clinical applications, thereby driving the cell therapy technologies market growth.
Advancements in Gene Editing Technologies: Ongoing advancements in gene editing technologies has led to significant advancements in improving the precision and efficiency of genetic modifications in cell therapies. Such advancements have allowed for the development of highly effective and personalized cell therapies. Also, they are enhancing patient outcomes and lowering the risk of immune injection. These advancements are favorably impacting the market expansion.
Cell Therapy Technologies Market Report Highlights
• By therapy type, the autologous therapies segment holds a larger cell therapy technologies market share due to their lower risk of immune rejection and increasing adoption in personalized medicine. These therapies are widely used in regenerative medicine and oncology treatments, contributing to their dominance in the market.
• By technology, the viral vector technology segment leads the market, as it plays a crucial role in gene and cell therapy applications by enabling precise genetic modifications. Its established use in developing advanced therapies, such as CAR-T cell therapy, ensures its widespread adoption and high market demand.
• By application, oncology was the dominant segment in 2024 due to the rising prevalence of cancer and the growing adoption of cell-based immunotherapies. The increasing number of regulatory approvals for cell therapy products in oncology has strengthened its position in the market.
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Who Are Market Key Players?
The market features several established players actively contributing to its advancement. A few of the major cell therapy technologies market participants include:
• Agilent Technologies Inc.
• Avantor, Inc.
• Becton, Dickinson and Company (BD)
• Bio-Techne Corporation
• Corning Incorporated
• Danaher Corporation
• Fresenius SE & Co. KGaA
• Lonza Group AG
• Merck KGaA
• Sartorius AG
• Terumo Corporation
• Thermo Fisher Scientific Inc.
How Is Market Segmentation Done?
• The market segmentation is primarily done on the basis of therapy type, technology, application, and region.
• By therapy type, the autologous therapies segment led the market in 2024. This is largely attributed to the personalized nature of these treatments, which lowers the risk of immune rejection and adverse reactions.
• Based on technology, the viral vector technology segment led the market in 2024, driven by to critical role in delivering genetic material into cells.
Cell Therapy Technologies Market, Therapy Type Outlook (Revenue - USD Billion, 2020-2034)
• Allogeneic Therapies
• Autologous Therapies
Cell Therapy Technologies Market, Technology Outlook (Revenue - USD Billion, 2020-2034)
• Somatic Cell Technology
• Cell Immortalization Technology
• Viral Vector Technology
• Genome Editing Technology
• Cell Plasticity Technology
Cell Therapy Technologies Market, Application Outlook (Revenue - USD Billion, 2020-2034)
• Musculoskeletal
• Cardiovascular
• Gastrointestinal
• Neurological
• Oncology
• Dermatology
• Wound and Injuries
• Ocular
• Others
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Which Region Leads Market Demand?
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o UK
o Italy
o Spain
o Netherlands
o Russia
o Rest of Europe
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About Polaris Market Research & Consulting, Inc:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
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