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Emerging Hematopoietic Stem Cell Transplantation Market Trends: Product Approvals Drive Advancements In The Hematopoietic Stem Cell Transplantation Market Shaping the Future of the Industry
Hematopoietic Stem Cell Transplantation
Hematopoietic Stem Cell Transplantation Market Size Growth Forecast: What to Expect by 2025?
The market for hematopoietic stem cell transplantation has shown robust growth in the past few years. It is projected to expand from $4.68 billion in 2024 to $5.12 billion in 2025, with a compound annual growth rate (CAGR) of 9.3%. Factors contributing to this historical growth include the development of early transplantation procedures, limited indications and donor sources, progress in conditioning regimens, the introduction of allogeneic transplants, and regulatory milestones.
How Will the Hematopoietic Stem Cell Transplantation Market Size Evolve and Grow by 2029?
The market size for hematopoietic stem cell transplantation is anticipated to experience swift expansion in the forthcoming years. It is projected to reach "$7.73 billion by 2029, with a compound annual growth rate (CAGR) of 10.9%. This forecasted growth can be credited to factors such as the broadening of the treatment indications, diversification of donor sources, the rise of personalized medicine and genomics, modifications in regulations and guidelines, as well as market accessibility and expansion. Significant trends for the forecast period encompass progressions in transplant methods, indication extensions, the advent of new cellular therapies, donor diversification, and the approach of precision medicine.
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What Drivers Are Propelling the Growth of Hematopoietic Stem Cell Transplantation Market Forward?
The hematopoietic stem cell transplantation market is projected to expand due to the rising prevalence of blood cancer. Blood cancers, also known as malignancies, interfere with the production and functionality of blood cells. The three primary forms of blood cancer are leukemia, lymphoma, and myeloma. Hematopoietic stem cell transplantation is typically used as a treatment for blood cancer as it replaces the cancer-ridden stem and bone marrow cells. The introduced fresh stem cells relocate to the bone marrow and commence the production of new blood cells. Consequently, this propels the growth of the hematopoietic stem cell transplantation market. For example, Blood Cancer UK, a UK-based non-profit organization, reported in August 2022 that around 41,000 blood cancer cases are detected each year, making it the sixth most common cancer in the UK. Approximately one in 16 men and one in 22 women will contract blood cancer at some point in their life. Furthermore, it is predicted that around 250,000 people in the UK will suffer from blood cancer in 2022. Also, over 500 children below 15 years are afflicted by blood cancer annually, with 400 suffering from pediatric leukemia and the remaining 100 from lymphoma. Hence, the surge in blood cancer incidence propels the growth of the hematopoietic stem cell transplantation market.
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Which Emerging Trends Are Transforming the Hematopoietic Stem Cell Transplantation Market in 2025?
Regulatory approvals are becoming a significant trend in the hematopoietic stem cell transplantation market. In April 2022, Ireland-based Priothera Ltd. received FDA clearance for mocravimod, a synthetic S1PR modulator, to begin Phase IIb/III trials in acute myeloid leukemia patients undergoing allogeneic HSCT, building on earlier safety and efficacy studies.
What Are the Key Segments in the Hematopoietic Stem Cell Transplantation Market?
The hematopoietic stem cell transplantation market covered in this report is segmented -
1) By Type: Allogeneic, Autologous
2) By Indication: Leukemia, Lymphatic Disorder, Myeloma, Other Non-Malignant Disorders
3) By Application: Bone Marrow Transplant, Peripheral Blood Stem Cell Transplant, Cord Blood Transplant
4) By End User: Hospital Pharmacy, Retail Pharmacy, Specialty Clinics
Subsegments:
1) By Allogeneic: Matched Related Donor Transplantation, Matched Unrelated Donor Transplantation, Cord Blood Transplantation
2) By Autologous: Peripheral Blood Stem Cell Transplantation, Bone Marrow Stem Cell Transplantation
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Who Are the Key Players Shaping the Hematopoietic Stem Cell Transplantation Market's Competitive Landscape?
Major companies operating in the hematopoietic stem cell transplantation market include Pluristem Therapeutics Inc., Lonza Group AG, Escape Therapeutics Inc., Regen Biopharma Inc., Bluebird Bio Inc., CellGenix GmbH, CBR Systems Inc., Merck KGaA, Cord Blood Corporation, Kiadis Pharma NV, Marker Therapeutics Inc., Taiga Biotechnologies Inc., Takeda Pharmaceutical Company Limited, Talaris Therapeutics Inc., ViaCord LLC, ScienCell Research Laboratories Inc., BiolineRx, Stemcell Technologies Inc., ThermoGenesis Holdings Inc., MEDIPOST Co. Ltd., Anterogen. Co. Ltd., Pharmicell Inc., JCR Pharmaceuticals Co. Ltd., Holostem Terapie Avanzate Srl, Regrow Biosciences Pvt Ltd., Stempeutics Research Pvt Ltd.
What Geographic Markets Are Powering Growth in the Hematopoietic Stem Cell Transplantation Market?
North America was the largest region in the hematopoietic stem cell transplantation market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global hematopoietic stem cell transplantation market during the forecast period. The regions covered in the hematopoietic stem cell transplantation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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