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How has the allogeneic cell therapy market size evolved in recent years?

The allogeneic cell therapy market will grow from $1.08 billion in 2024 to $1.2 billion in 2025 at a CAGR of 11.9%. This is due to increased focus on tailoring donor cell selection and genetic modifications, population growth, the global burden of chronic diseases, greater awareness, and more collaborations for biosimilar development.

What are the predictions for the allogeneic cell therapy market size in the coming years?

The allogeneic cell therapy market is projected to reach $1.86 billion by 2029, growing at a CAGR of 11.5%. The growth is driven by a demand for advanced medical treatments, novel cell therapies, a rising number of clinical trials, and increasing income levels. Trends include technology advancements, partnerships, mergers and acquisitions, and new product launches.

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What key factors are fueling the growth of the allogeneic cell therapy market?

The rise in chronic diseases is expected to drive the growth of the allogeneic cell therapy market. Chronic diseases, often related to lifestyle changes, genetics, and exposure to harmful substances, are becoming more prevalent. Allogeneic cell therapy, which uses healthy donor cells to treat various chronic diseases, holds significant potential. In January 2023, the National Center for Biotechnology Information projected that the number of individuals aged 50 and above with chronic illnesses in the U.S. will nearly double by 2050, driving growth in the allogeneic cell therapy market.

How is the global allogeneic cell therapy market divided into key segments?

The allogeneic cell therapy market covered in this report is segmented –

1) By Type: Stem Cell Therapies, Non-Stem Cell Therapies

2) By Therapeutic Area: Hematological Disorders, Dermatological Disorders, Other Therapeutic Area

3) By End User: Hospitals, Specialty Clinics, Research Organizations

Subsegments:

1) By Stem Cell Therapies: Hematopoietic Stem Cell Therapy (Hematopoietic Stem Cells), Mesenchymal Stem Cell Therapy (MSC-Based Therapies), Induced Pluripotent Stem Cells (iPSC-Based Therapies), Neural Stem Cell Therapy, Other Stem Cell Therapies

2) By Non-Stem Cell Therapies: T-cell Therapies, Natural Killer (NK) Cell Therapies, Dendritic Cell Therapies, Other Non-Stem Cell Therapies

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Who are the key firms paving the way for growth in the allogeneic cell therapy market?

Major companies operating in the allogeneic cell therapy market are Novartis AG, Bristol Myers Squibb Company, Takeda Pharmaceutical Company Limited, Bluebird Bio Inc., Poseida Therapeutics Inc., Fate Therapeutics Inc., Fortress Biotech Inc., Sorrento Therapeutics Inc., Eureka Therapeutics Inc., Juno Therapeutics Inc., Adaptimmune Therapeutics plc, Cellectis SA, TrakCel Ltd., Promab Biotechnologies Inc., Ziopharm Oncology Inc., Allogene Therapeutics Inc., Century Therapeutics Inc., Autolus Therapeutics plc, Bellicum Pharmaceuticals Inc., Minerva Biotechnologies Corporation, Celyad SA, TILT Biotherapeutics Ltd., CRISPR Therapeutics AG

Which trends are expected to transform the allogeneic cell therapy market?

Companies in the allogeneic cell therapy market are developing cell processing platforms to improve their market position. These platforms are designed to prepare and manipulate cells for therapeutic use, including isolation, purification, and expansion. For example, in March 2024, Getinge, a Swedish healthcare company, partnered with CellRev, a UK-based biotechnology firm, to launch Livit ACE, a continuous cell processing platform. This platform integrates advanced automation and bioprocessing technologies, enabling efficient, scalable cell production. Key features include state-of-the-art systems for cell isolation and purification, robust expansion capabilities, and advanced genetic modification tools to enhance cell engineering.

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What regions are contributing significantly to the growth of the allogeneic cell therapy market?

North America was the largest region in the allogeneic cell therapy market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the allogeneic cell therapy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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