The allogeneic cell therapy from The Business Research
Company provides comprehensive market statistics, including global market size,
regional shares, competitor market share, detailed segments, trends, and
opportunities. This report offers an in-depth analysis of current and future
industry scenarios, delivering a complete perspective for thriving in the
industrial automation software market.
Allogeneic Cell Therapy Market, 2024 report by The Business Research Company
offers comprehensive insights into the current state of the market and
highlights future growth opportunities.
Market Size -
The allogenic cell therapy market size has grown rapidly in recent years. It
will grow from $0.97 billion in 2023 to $1.08 billion in 2024 at a compound
annual growth rate (CAGR) of 11.3%. The
growth in the historic period can be attributed to an increased focus on
tailoring donor cell selection and genetic modifications, increased population,
increase in the global burden of chronic diseases, increased awareness, and
increase in the number of collaborations for biosimilar development.
The allogenic cell therapy market size is expected to see rapid growth in the
next few years. It will grow to $1.67 billion in 2028 at a compound annual
growth rate (CAGR) of 11.6%. The growth
in the forecast period can be attributed to the increasing need for advanced
medical treatments, growing demand for novel allogeneic cell therapies, rising
number of clinical trials, growing patient population contributions, and rising
income levels. Major trends in the forecast period include technology
advancements, partnerships, big companies collaborating with others, merger and
acquisitions, new product launch.
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Scope Of Allogeneic Cell Therapy Market
The Business Research Company's reports encompass a wide range of information,
including:
1. Market Size (Historic and Forecast): Analysis of the market's historical
performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market
landscape.
4. Key Segments: Breakdown of the market into its primary segments and their
respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and
geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting
the market.
Allogeneic Cell Therapy Market Overview
Market Drivers -
The increasing prevalence of chronic diseases is expected to drive the growth
of the allogeneic cell therapy market. Chronic disease is a long-lasting
condition that typically requires ongoing medical attention and can limit daily
activities or quality of life. The prevalence of chronic disease is due to
altered habits, inheritance, and exposure to chemicals, toxins, and pollutants
in the air. Allogeneic cell therapy holds significant potential for treating a
wide range of chronic diseases by utilizing healthy cells from a donor to
repair, replace, or modulate the dysfunctional cells or tissues in the
recipient. For instance, in January 2023, according to the National Center for
Biotechnology Information (NCBI), a US-based medicine library, the number of
people aged 50 and above who suffer from one or more chronic illnesses is
expected to increase by 99.5% by 2050, from 71.52 million in 2020 to 142.66
million. Therefore, the increased prevalence of chronic diseases drives the
growth of the allogeneic cell therapy market.
Market Trends -
Major companies operating in the allogeneic cell therapy market are focusing on
developing innovative solutions, such as cell processing platforms, to
strengthen their position in the market. Cell processing platforms are systems
and technologies used to prepare and manipulate cells for therapeutic
applications, encompassing isolation, purification, expansion, modification,
and quality control to ensure cells are suitable for clinical use. For
instance, in March 2024, Getinge, a Sweden-based healthcare company, partnered
with CellRev, a UK-based biotechnology company, to launch Livit ACE, a platform
for continuous cell processing (Adherent Cell Expansion). This innovative
platform integrates advanced automation and bioprocessing technologies,
significantly enhancing the efficiency and scalability of cell production. Its
unique features include state-of-the-art cell isolation and purification
systems that ensure high cell purity and viability, robust expansion
capabilities to produce large quantities of therapeutic cells, sophisticated
genetic modification tools for precise cell engineering, and rigorous quality
control measures to guarantee the safety and efficacy of the cell products.
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
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Regional Insights -
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.
Key Companies -
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
Table of Contents
1. Executive Summary
2. Allogeneic Cell Therapy Market Report Structure
3. Allogeneic Cell Therapy Market Trends And Strategies
4. Allogeneic Cell Therapy Market – Macro Economic Scenario
5. Allogeneic Cell Therapy Market Size And Growth
…..
27. Allogeneic Cell Therapy Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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