Press release
Increasing Disease Prevalence Propelling Bone Marrow Transplantation Market Growth: Core Growth Enabler in the Bone Marrow Transplantation Market, 2025
Bone Marrow Transplantation
What Will the Bone Marrow Transplantation Industry Market Size Be by 2025?
In recent times, the market size for bone marrow transplantation has witnessed robust growth. The market, which was valued at $11.61 billion in 2024, is projected to climb to $12.23 billion in 2025, representing a compound annual growth rate (CAGR) of 5.4%. Factors driving the growth during the historical period include a rise in hematologic disorders, enhancement of healthcare facilities, increased awareness and education, an aging population, as well as initiatives and backing from the government.
What's the Long-Term Growth Forecast for the Bone Marrow Transplantation Market Size Through 2029?
Robust expansion is predicted for the bone marrow transplantation market over the next several years, with it ballooning to a sizable "$15.25 billion by the year 2029, representing a compound annual growth rate (CAGR) of 5.7%. This forecasted growth could be attributed to various developments such as the progress in immunotherapy, rising need for allogeneic transplants, widened use in non-hematologic illnesses, bespoke medication and accurate therapy, and worldwide cooperation and alliances. Key trends within this period are projected to be technological progressions, amplified demand for allogeneic grafts, upswing in uses for non-cancerous diseases, the development of car-t cell therapies, and improved pre-transplant diagnostic methods.
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What Are the Key Growth Drivers Fueling the Bone Marrow Transplantation Market Expansion?
The escalating incidence of cancer and other illnesses is anticipated to fuel the future expansion of the bone marrow transplantation sector. Cancer is a serious condition characterized by the rapid and uncontrolled multiplication of body cells, causing unusual growth. The purpose of a bone marrow transplant is to treat various diseases and cancers by transfusing healthy bone marrow cells into an individual once their disease-ridden bone marrow has undergone treatment to eradicate the abnormal cells. This is instrumental in addressing the escalating incidence of cancer and other diseases. For example, in 2022, the American Cancer Society Inc., a nonprofit organization based in the US, released reports suggesting that approximately 1.9 million new cancer cases are expected to be identified, culminating in an estimated 609,360 cancer-related deaths across the United States in 2022. Hence, the escalating incidence of cancer and other diseases will be key catalysts for the bone marrow transplantation market.
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What Are the Key Trends Driving Bone Marrow Transplantation Market Growth?
The drive toward technological innovation is a notable trend making waves in the bone marrow transplantation market. Major players in this market are heavily investing in creating more advanced and efficient technology, allowing them to offer their clients new solutions and maintain their market standings. For instance, BioIntelliSense, a US health monitoring and clinical intelligence firm, collaborated with UC Davis Health, a US hospital, to launch a continuous monitoring scheme for bone marrow transplant patients in November 2023. This ground-breaking in-hospital program is targeted at individuals in need of Bone Marrow Transplants and Hematology or Oncology services. The program uses BioIntelliSense's FDA-approved BioButton wearable devices in conjunction with a data analytics algorithm and a clinical intelligence system. Its aim is to constantly monitor minor changes in vital signs in order to identify early signs of patient deterioration. This forward-thinking approach allows for actionable, informed clinical decisions and prompt interventions that prioritize patients' health.
How Is the Bone Marrow Transplantation Market Segmented?
The bone marrow transplantation market covered in this report is segmented -
1) By Type: Autologous Bone Marrow Transplant, Allogenic Bone Marrow Transplant
2) By Indication: Hodgkin Lymphoma, Acute Leukemia, Multiple Myelomas, Solid Tumors, Non-Hodgkin Lymphoma, Other Indications
3) By End-Users: Hospitals, Multispecialty Clinics, Ambulatory Surgical Centers
Subsegments:
1) By Autologous Bone Marrow Transplant: Peripheral Blood Stem Cell Transplant, Bone Marrow Harvesting And Storage, Conditioning Regimens, Post-Transplant Care
2) By Allogenic Bone Marrow Transplant: Matched Sibling Donor Transplant, Matched Unrelated Donor Transplant, Haploidentical Transplant, Cord Blood Transplant, Conditioning Regimens, Post-Transplant Care
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Which Companies Are Leading the Charge in Bone Marrow Transplantation Market Innovation?
Major companies operating in 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., ReachBio LLC, Gamida Cell Ltd., Abbott Laboratories Inc., The Emmes Company LLC, Allogene Therapeutics Inc., Amgen Inc., Angiocrine Biosciences Corp., Astellas Pharma Inc., Atara Biotherapeutics Inc., Bluebird Bio Inc., Cellectis S.A., Celyad SA, Erythrocyte Regeneration and Clinical Therapeutics Inc., Gammacell AB, Gilead Sciences Inc., Graphite Bio Inc., Incyte Corporation, Intellia Therapeutics Inc., Legend Biotech Corporation, Magenta Therapeutics Inc., Novartis AG
Which Regions Are Leading the Global Bone Marrow Transplantation Market in Revenue?
North America was the largest region in the bone marrow transplantation market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global bone marrow transplantation market report forecast period. The regions covered in the bone marrow transplantation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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