The Future of theCell Based Assays Market: Growth Trends, Market Size, and Opportunities to Watch
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Drivers Are Shaping the Growth and Development of theCell Therapy Market?
The cell therapy market has seen a surge due to an increase in chronic diseases. Chronic disease, which lasts for a year or longer, necessitates medical treatment, restricts daily activities, or both, has grown in instances such as heart disease, cancer, diabetes, and Parkinson’s disease, as per the US Centers for Disease Control and Prevention (CDC). Stem cells have proven to be beneficial for a variety of health issues, including spinal cord damage, type 1 diabetes, Parkinson’s disease (PD), heart disease, cancer, and osteoarthritis. Significant updates were made in July 2024, according to the CDC, a national public health agency based in the US, regarding public health programs. Over 944,800 Americans die from heart disease or stroke each year, representing more than a third of all deaths. Cancer, the second leading cause of death in the U.S., claims over 600,000 lives annually, with 1.7 million newly diagnosed cases each year. Additionally, over 38 million Americans are diabetic, and nearly 98 million are on the verge of being diabetic, increasing the likelihood of them developing type 2 diabetes. Diabetes can have serious health consequences, such as heart disease, kidney failure, and vision loss. Obesity, which affects 20% of children and 42% of adults, increases the risk of chronic diseases such as type 2 diabetes, heart disease, and certain cancers. Due to the increasing prevalence of these chronic diseases, the demand for cell therapies has increased, which directly impacts the expansion of the cell therapy market.
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#What Are the Key Projections for the CAGR of the Cell Therapy Market From 2025 to 2034?
In recent times, the cell therapy market’s dimensions have witnessed significant expansion. The market is predicted to rise from a worth of $14.56 billion in 2024 to an estimated value of $17.02 billion in 2025, projecting a compound annual growth rate (CAGR) of 16.9%. Factors contributing to this quantum leap during the historic phase include preliminary research and findings, regulatory landmarks, clinical experimentation and research, early market patrons, and trailblazing corporations, as well as market endorsement and conception.
The market size of cell therapy is anticipated to witness a significant surge in the upcoming years, reaching a valuation of $29.28 billion by 2029 with a 14.5% compound annual growth rate (CAGR). This predicted expansion during the forecasted period can be credited to factors such as societal and ethical considerations, trends in investment and funding, demand from patients/consumers, the state of healthcare infrastructure, and swift cycles of innovation. Key trends projected to dominate the forecast period are personalized medicine, the development of targeted treatments, advancements in gene editing technologies, the broadening scope of stem cell research, progress in immunotherapy, and manipulation of the microenvironment.
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Which Cutting-Edge Market Trends Are Expected to Drive theCell Therapy Market’s Growth?
Top industry players are employing strategic alliances and collaborations to broaden their product range and geographic footprint. Ajinomoto Co Inc., a Japanese food corporation, took over Forge Biologics in November 2023, for $620 million as a part of this strategy. This acquisition is intended to strengthen Ajinomoto Co Inc.’s world-wide expertise in AAV and plasmid gene therapy manufacturing, augmenting and bolstering its current contract development and manufacturing services. Forge Biologics, the acquired US-based biotech company, specializes in progressing cell therapy technologies for the treatment of a wide array of diseases.
What Are the Leading Market Players Impacting theCell Therapy Market’s Growth Trend?
Major companies operating in the cell therapy market include Celgene Corporation, JCR Pharmaceuticals Co. Ltd., Baxter Healthcare Corporation, Nipro Corp., Stempeutics Research Pvt. Ltd., Osiris Therapeutics Inc., Vericel Corporation, AlloSource, Anterogen Co. Ltd., Arteriocyte Medical Systems Inc., MediPost Co. Ltd., Pharmicell Co. Ltd., Corestem Inc., Stemedica Cell Technologies Inc., Adaptimmune Therapeutics plc, Mesoblast Ltd., Cell Medica Ltd., Cellerant Therapeutics Inc., Kolon TissueGene Inc., Tego Science Inc., Athersys Inc., 4D Molecular Therapeutics Inc., Abeona Therapeutics Inc., Forticell Bioscience Inc., Bone Therapeutics, Holostem Terapie Avanzate S.r.l, Fibrocell Science Inc., AlloCure Inc., TiGenix NV, Cells for Cells, AVROBIO Inc., Cellular Biomedicine Group Inc., Thermo Fisher Scientific Inc., Merck Co. & KGaA, Charles River Laboratories International Inc., Lonza Group Ltd., Catalent Inc.
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How Are the Key Segments of the Cell Therapy Market Driving Opportunities and Innovations?
The cell therapy market covered in this report is segmented –
1) By Technique: Stem Cell Therapy, Cell Vaccine, Adoptive Cell Transfer (ACT), Fibroblast Cell Therapy, Chondrocyte Cell Therapy
2) By Therapy Type: Allogeneic Therapies, Autologous Therapies
3) By Application: Oncology, Cardiovascular Disease (CVD), Orthopedic, Wound Healing, Other Applications
Subsegments:
1) By Stem Cell Therapy: Hematopoietic Stem Cell Transplantation, Mesenchymal Stem Cell Therapy, Embryonic Stem Cell Therapy, Induced Pluripotent Stem Cell Therapy
2) By Cell Vaccine: Dendritic Cell Vaccine, Tumor-Infiltrating Lymphocyte (TIL) Vaccine, Antigen-Specific Cell Vaccine
3) By Adoptive Cell Transfer (ACT): CAR T-Cell Therapy, T-Cell Receptor (TCR) Therapy, Natural Killer (NK) Cell Therapy
4) By Fibroblast Cell Therapy: Dermal Fibroblast Therapy, Adipose-Derived Stem Cell Therapy
5) By Chondrocyte Cell Therapy: Autologous Chondrocyte Implantation (ACI), Chondral Graft Therapy
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What Regions Are At the Forefront of #What Drivers Are Shaping the Growth and Development of theCell Therapy Market?# Market Expansion?
North America was the largest region in the cell therapy market in 2024. The regions covered in the cell therapy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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