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According to The Business Research Company’s report, the GMP cell therapy consumables market will rise from $10.92 billion in 2022 to $14.13 billion in 2023, with a 29.41% CAGR, and is projected to reach $37.29 billion in 2027 at a 27.4% CAGR.

What was the major driver in the GMP cell therapy consumables market?
The GMP cell therapy consumables market is expected to benefit from the increased drug discovery activities. Drug discovery involves utilizing computational, experimental, translational, and clinical models to identify potential new medications. Technological advancements in molecular biology, genetics, bioinformatics, and high-throughput screening have transformed this field, leading to a better understanding of disease mechanisms, efficient identification of drug targets, and screening of compounds for potential drugs. In January 2023, the Food and Drug Administration (FDA) approved 37 new drugs and therapeutic biological products in 2022, highlighting the surge in drug discovery and its impact on the GMP cell therapy consumables market’s growth.

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What was the key trend in the GMP cell therapy consumables market?
Product innovations are a prominent trend in the GMP cell therapy consumables market, as companies seek to maintain their market position through technological advancements. For instance, Thermo Fisher Scientific introduced the HyPerforma DynaDrive single-use bioreactors in March 2021, with improved scalability, enhanced mixing, and a smaller vessel footprint, optimized for perfusion cell culture operations.

Which was the largest region in the GMP cell therapy consumables market?
North America was the largest region in the GMP cell therapy consumables market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in GMP cell therapy consumables report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Who are the GMP cell therapy consumables market prominent players?
Major players in the GMP cell therapy consumables market are Thermo Fisher Scientific Inc., Fresenius Kabi AG, Danaher Corporation, Merck KGaA, Asahi Kasei Corporation, GE HealthCare Technologies Inc., Corning Incorporated, Avantor Inc., Lonza Group AG, Terumo Corporation, Catalent Inc., Sartorius AG, Bio-Techne Corp, Repligen Corporation, Miltenyi Biotec BV & Co KG, Genscript Biotech Corporation, Rentschler Biopharma SE, FUJIFILM Irvine Scientific Inc., BioLegend Inc., STEMCELL Technologies Inc., BioLife Solutions Inc., Abzena Ltd., Sino Biological Inc., ProBioGen AG, MaxCyte Inc., PromoCell GmbH, PeproTech Inc., Cellares Corp., Wilson Wolf Corporation, and Cellexus Ltd.

Key GMP cell therapy consumables market segments
The global GMP cell therapy consumables market is segmented –
1) By Product: Kits, Reagents or Molecular biology reagents, Growth Factors or Cytokines and Interleukins, Other Products
2) By Cell Therapy: NK Cell Therapy, Stem Cell Therapy, T-Cell Therapy, Other cell therapies
3) By Process: Cell Collection And Characterization or Sorting and Separation, Cell Culture and Expansion or Preparation, Cryopreservation, Cell Processing and Formulation, Cell Isolation and Activation, Cell Distribution or Handling, Process Monitoring and Control or Readministration or Quality Assurance, Other Processes
4) By End-Use: Clinical, Commercial, Research

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The GMP Cell Therapy Consumables Global Market Report 2023  provides a comprehensive overview on the GMP cell therapy consumables market size, trends and drivers, opportunities, strategies, and companies analysis. Through our reports businesses can effectively analyze data and frame well-informed strategies

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