PharmiWeb.com - Global Pharma News & Resources
11-Aug-2023

Cell Therapy Manufacturing Market En Route to US$ 13.9 Billion in 2032, Propelled by a Solid 14.2% CAGR


As per Future Market Insights’ latest industry analysis, valuation of the global Cell Therapy Manufacturing Market was around US$ 3.3 Bn in 2021 and is projected to exhibit a CAGR of close to 14.2% over the forecast period. The market is expected to reach US$ 13.9 Bn in 2032.

Cell therapies are utilized widely to treat viral infections, cancer, hemoglobinopathies, and hereditary immunological disorders. Introduction of reagents and closed system automated equipment for the manufacturing of cellular therapies is an outcome of the increasing research activities in the field of such therapies.

A decentralized manufacturing model for clinical trials in cell therapies engaging multiple sites are being favored across the globe. Such instances advocate the treatment of patients using cells, which are produced by utilizing automated equipment at each participating center by considering a single, centrally held investigational new drug application (IND).

Download Now: Explore the Booming Cell Therapy Manufacturing Market with Our Sample Report! @ https://www.futuremarketinsights.com/reports/sample/rep-gb-15536

Many academic centres are nowadays investing in the development of such automated devices for point-of-care manufacturing and engagement in decentralized multi- centres Clinical Trials. The global cell therapy manufacturing market would thus observe a boom in the next decade. Besides, introduction of novel therapies licensed by regulatory bodies for targeted therapeutic approach would further propel the overall growth in the market during the projected period.

Key Takeaways from Market Study

  • By source, the autologous segment held a global market share of about 0%in 2021.
  • Based on indication, the cancer segment held nearly 0%in 2021 in the cell therapy manufacturing market.
  • In terms of purpose, the clinical segment accounted for around 0%of the global market share in 2021.
  • Injectable route of administration of cell therapies generated a global market share of around 0%in 2021.
  • By cell type, the hematopoietic stem cells (HSC) segment held a share of around 0%in the global cell therapy manufacturing market in 2021.
  • By end use, the hospital settings category generated a share of around 1%in 2021 in the global cell therapy manufacturing market.
  • China held a share of around 2%in 2021 in the East Asia cell therapy manufacturing market.

“Increasing number of research activities by key companies to reduce risks and get ready for a highly productive future are anticipated to drive the market. Besides, they are striving to develop innovative technologies that can assist investigators in automating their processes for gaining success in future,” says an analyst of Future Market Insights.

Connect with Industry Experts and Get Expert Advice. @
https://www.futuremarketinsights.com/ask-question/rep-gb-15536

Competitive Landscape: Cell Therapy Manufacturing Market

Key players in the cell therapy manufacturing market are focusing on R&D activities to initiate regenerative medicine manufacturing. Moreover, they are promoting commercial manufacturing for their clients by offering novel solutions to cell therapy developers.

For instance,

  • In March 2022, Thermo Fisher Scientific presented a new large-volume electroporation system, the purpose of which is to simplify cell therapy development. The company aims to simplify transition from clinical development to commercial manufacturing among Cell Therapy Developers.
  • Charles River Laboratories’ Memphis plant became the first CDMO in North America to manufacture commercial allogeneic cell therapies after receiving European Medicines Agency (EMA) approval in August 2022.

Gain the Edge with Segmented Information – Buy Now @
https://www.futuremarketinsights.com/checkout/15536

Get Exclusive Insights on Cell Therapy Manufacturing Market

Future Market Insights offers a unique perspective and actionable insights on the cell therapy manufacturing market in its latest study, presenting a historical demand assessment of 2012 – 2021 and projections for 2022 – 2032. The global cell therapy manufacturing market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

Key Players:

  • Merck KGaA
  • Avantor, Inc.
  • Cell Therapies Pty Ltd
  • Thermo Fisher Scientific
  • Charles River Laboratories
  • Catalent, Inc
  • Bio-Techne
  • Cytiva
  • Lonza
  • The Discovery Labs
  • BIOCENTRIQ
  • FUJIFILM Diosynth Biotechnologies
  • Novartis AG
  • Bristol-Myers Squibb Company
  • Gilead Sciences, Inc.
  • WuXi AppTec.
  • OXGENE
  • Pharmaron
  • Aldevron
  • FLODESIGN SONICS
  • Exothera

Leave a lasting imprint with a professionally crafted and customized report. @
https://www.futuremarketinsights.com/customization-available/rep-gb-15536

Key Segments Covered in Cell Therapy Manufacturing Industry

By Source:

  • Autologous
  • Allogenic

By Indication:

  • HIV
  • Autoimmune Disorders
  • Immune Deficiencies
  • Cancer
  • Neurological Disorders

By Manufacturing Purpose:

  • Clinical
  • Commercial
  • Pre-clinical

By Route of Administration:

  • Topical
  • Injectable
  • Infusion
  • Implantable Bio-Scaffold

By Cell Type:

  • Hematopoietic (Blood-Forming) Stem Cells (HSC)
  • Skeletal Muscle Stem Cells
  • Mesenchymal Stem Cells
  • Lymphocytes
  • Dendritic Cells
  • Pancreatic Islet Cells
  • CAR-T Cells

By End User:

  • Hospital Settings
  • Intensive Outpatient Treatment Centers
  • Academic and Research Institutes
  • Specialty Clinics

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:          

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedInTwitterBlogsYouTube

Editor Details

Last Updated: 11-Aug-2023