Cell Therapy Manufacturing Market | Exclusive Report on the Latest Market Trends and Development
Coherent Market Insights has announced new analysis on Cell Therapy Manufacturing Market Status 2021-2027 which has been prepared based on an in-depth market analysis with inputs from industry experts and top vendors in the business. The report covers the market landscape and its development prospects over the coming years. The report also contains a discussion of the key vendors operating in this market.
Cell therapy is a very effective medicinal procedure, where human cells are injected for restoration of damaged tissue. Cell theory repairs the damaged tissues of an organ rather than producing new organ. With the use new technologies and innovation, cell therapies have gained significant traction and are recognised for potentially treating the wide range of diseases such as immune deficiency, tissue degradation and metabolic disorders. The therapy is classified into two different types. The first one is allogeneic that is cells from third party donor and the second one autologous that is cells from one’s own body. The main objective of cell therapy implication is to restore the damaged cells of an organ and allow the similar functioning of damaged tissues as earlier.
Some of the clinical trials of cell therapies were established and permitted. For instance, in 2013, a stage 2 clinical trial for bone marrow transplantation was performed by rheumatoid arthritis deriving stem cells in affected knee. This technique was grown due to collaboration of the government agencies. According to the U.K. 2014 report, government funded US$15.3 million in cell therapy manufacturing market.
The increase in number of chronic diseases would lead to growth of the cell therapy manufacturing market as many such diseases are getting treated by cell therapy. New medications are implanted and regenerative medicine is also highly adopted leading to market growth. Stem cells transplantation is one of the effective medical therapy that treats certain advance stage diseases like diabetes, cancer, arthritis, blindness, cerebral palsy, Alzheimer’s, autism, etc. For instance, in 2015, World Health Organization (WHO) reported the annual worldwide stem cell transplants reach up to more than 50,000 transplants in various surgeries. The new medical therapy is demanded due to increasing number of trauma and accidents leading to increasing number of surgical procedures across the world. Some of the major biopharmaceutical companies are invested in research for cell therapy. For instance, in 2018, a biopharmaceutical company named as Longeveron LL, received a grant of US$ 750,000 for stem cell therapy research from the Maryland Technology Development Corporation (TEDCO). These government funding and collaborations among companies boosts the cell therapy manufacturing market growth.
The adoption of cell therapy is increasing in the developing countries. As cell therapy is one of the effective methods to treat certain chronic diseases even at the advanced stage, various developing regions are adopting the method of cell therapy. This gives various opportunities for players in the cell therapy manufacturing market.
The key factor that is declining growth of the cell therapy manufacturing market is high manufacturing cost of cell therapy. As it is not cost effective, patients tends to move towards another option restraining market growth. Moreover, the strict guidelines and regulations, as well as diverse health safety concerns over cell therapy treatment are declining the cell therapy manufacturing market growth.
The global cell therapy manufacturing market is segmented into North America, Latin America, Asia Pacific, Europe, Africa and Middle East. Among everyone, North America owes largest number of performed surgeries and holds the dominant position in the global cell therapy manufacturing market. North America is also developed in technologically advanced products for therapy. The Centres for Disease Control & Prevention (CDC) provided the National Health Statistics Report that states, US performed around 201,748.3 million non-surgical and surgical procedures in 2011.
Moreover, Asia Pacific is also expected to have a significant growth in the global cell therapy manufacturing market in the near future. Local players in the market would grab marginal market share due to growing patients of various chronic and infectious diseases such as cancer, HIV, hepatitis etc. and less stringent regulatory requirements. Therefore, cell therapy could be at the marginal low cost that would provide better solutions to the patients.
The key players operating the global cell therapy manufacturing market are Gene Therapy Catapult EUFETS, Pharmicell, CELLforCURE Merck Group, MaSTherCell, Thermo Fisher, Dickinson and Company, Miltenyi Biotec GmBH, MEDIPOST, Cognate BioServices, PharmaCell, Lonza Group, STEMCELL Technologies, Holostem Terapie Avanazate, Bio-Rad Laboratories, Inc., Takara Bio Group, Pluristem Therapeutics, Cellular Dynamics International, Anterogen, Becton, Brammer Bio, Osiris Therapeutics, and WuXi AppTec.
Some of the key players are adopting growth strategies such as introduction of new technologies and devices to keep up the top position in the market. For instance, for treating type 1 diabetes ViaCyte, Inc. successfully implanted VC-01 an embryonic stem cell derived islet in 2014.
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Main points in Cell Therapy Manufacturing Market Report Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Cell Therapy Manufacturing Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: Cell Therapy Manufacturing Industry Impact
Chapter 2 Global Cell Therapy Manufacturing Competition by Types, Applications, and Top Regions and Countries
2.1 Global Cell Therapy Manufacturing (Volume and Value) by Type
2.3 Global Cell Therapy Manufacturing (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Cell Therapy Manufacturing Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Cell Therapy Manufacturing Market Analysis
Chapter 6 East Asia Cell Therapy Manufacturing Market Analysis
Chapter 7 Europe Cell Therapy Manufacturing Market Analysis
Chapter 8 South Asia Cell Therapy Manufacturing Market Analysis
Chapter 9 Southeast Asia Cell Therapy Manufacturing Market Analysis
Chapter 10 Middle East Cell Therapy Manufacturing Market Analysis
Chapter 11 Africa Cell Therapy Manufacturing Market Analysis
Chapter 12 Oceania Cell Therapy Manufacturing Market Analysis
Chapter 13 South America Cell Therapy Manufacturing Market Analysis
Chapter 14 Company Profiles and Key Figures in Cell Therapy Manufacturing Business
Chapter 15 Global Cell Therapy Manufacturing Market Forecast (2021-2027)
Chapter 16 Conclusions
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