The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s bone marrow transplantation market report forecasts the bone marrow transplantation market size to grow to $13.58 Billion by 2027, with a CAGR (compound annual growth rate) of more than 5%.

Learn More On The Bone Marrow Transplantation Market Report 2023 – https://www.thebusinessresearchcompany.com/report/bone-marrow-transplantation-global-market-report

Bone Marrow Transplantation Market Size Forecast
The global bone marrow transplantation market is expected to grow from $10.43 billion in 2022 to $11.09 billion in 2023 at a compound annual growth rate (CAGR) of 6.35%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global bone marrow transplantation market size is expected to reach $13.58 billion in 2027 at a CAGR of 5.21%.

North America held the largest bone marrow transplantation market share, and Asia-Pacific was the fastest-growing region in 2022.

Key Bone Marrow Transplantation Market Driver ­– Rise In The Prevalence Of Cancer And Other Diseases
For example, according to a data provided by the National Cancer Institute, a US-based government institution, a predicted 1,806,590 new cancer cases were discovered in the US in September 2020, while 606,520 people died from the illness. In 2020, 1,730 cancer-related fatalities and 16,850 new cancer diagnoses among children and teenagers aged 0 to 19 are expected. It is expected that 29.5 million new cases of cancer would be diagnosed each year by 2040, with 16.4 million people dying from the disease. Furthermore, the American Cancer Society reported that the expected number of new cancer cases in 2021 was 1,898,160, which grew to 1,918,030 in 2022. As a result, increased cancer and other disease prevalence will boost the bone marrow transplantation market.

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Key Bone Marrow Transplantation Market Trend – Technological Advancement
Major healthcare businesses in the bone marrow transplantation technology market are producing new and enhanced technology to deliver new techniques to their consumers in order to maintain their market position. For example, Gamida Cell Ltd., a US-based advanced cell therapy company, announced positive topline results from its Phase 3 clinical study evaluating the safety and efficacy of omidubicel for patients requiring bone marrow transplant in May 2020, and received breakthrough therapy designation from the US Food and Drug Administration. The median time to neutrophil engraftment for patients randomly assigned to omidubicel was 12 days, compared to 22 days for the comparison group (p0.001). Fewer infections and shorter hospital stays have been linked to rapid neutrophil engraftment. It assesses how quickly stem cells transplanted into a patient get established and begin to produce healthy new cells.

Bone Marrow Transplantation Market Segment
1) By Type: Autologous Bone Marrow Transplant, Allogenic Bone Marrow Transplant
2) By Indication: Hodgkin Lymphoma, Acute Leukaemia, Multiple Myelomas, Solid Tumours, Non-Hodgkin Lymphoma, Other Indications
3) By End-Users: Hospitals, Multispecialty Clinics, Ambulatory Surgical Centers

Bone Marrow Transplantation Market Major Players and Strategies
Major players in the bone marrow transplantation market are Merck Millipore Corporation, Sanofi SA, STEMCELL Technologies Inc., HemaCare Corporation, AllCells LLC, Lonza Group Ltd., Conversant Bio Company, Lifeline Cell Technology LLC, Mesoblast Ltd., PromoCell GmbH, ATCC Inc., Diadexus Inc., Qiagen N.V., AGendia Inc., ReachBio LLC, Gamida Cell Ltd., Abbott Laboratories Inc., and The Emmes Company LLC.

Sanofi SA, a French pharmaceutical and healthcare company, paid an unknown price to buy loKadmon Holdings Inc. in November 2021. This acquisition is consistent with Sanofi’s goal of expanding its core assets in General Medicines, and it will immediately add RezurockTM (belumosudil) to its transplant portfolio. Rezurock is the first FDA-approved treatment for chronic graft-versus-host disease (cGVHD) in adults and children aged 12 and up. Kadmon Holdings Inc. is a biopharmaceutical company established in the United States that specialises in bone marrow transplantation.

The Bone Marrow Transplantation Global Market Report 2023 covers regional data on bone marrow transplantation market size, bone marrow transplantation market trends and drivers, opportunities, strategies, and bone marrow transplantation market competitor analysis. The countries covered in the bone marrow transplantation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

BMT is a specialised treatment for persons suffering from certain cancers or other illnesses that includes replacing the bone marrow with healthy cells. The therapy is used to treat blood cell abnormalities like leukaemia and lymphoma.

View More Reports Related To The Bone Marrow Transplantation Market –
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