Market Size – USD 9.29 Billion in 2019, Market Growth – CAGR of 17.7%, Market Trends – Rise in cardiovascular incidences
The growing demand for autoimmune diseases and advancements in technology are fostering market growth.
The global Autologous Cell Therapy Product market is expected to be valued at USD 35.64 Billion in 2027 from USD 9.29 Billion in 2019, registering a CAGR of 17.7% through the forecast period. The crucial factor fueling the industry’s growth includes the rising incidence of several chronic diseases including autoimmune diseases, cancer, and blood cancer. The growing population suffering from various chronic conditions is further augmenting the sector’s growth.
The performers in the industry are cooperating in takeovers, joint investments, benefits, and mergers for gaining entry into the market. Various corporations are setting up their manufacturing units in several developing countries, and such initiative is further contributing to the industry’s demand.
Several modern techniques related to genomic analysis, extensive research by cancer societies, and the growing awareness retarding the transplant’s effectiveness are propelling the sector’s growth. However, a few manufacturing, pharmacological, and regulatory issues are hindering the growth of the sector. The Japanese government has considered regenerative medicine and autologous cell therapy, which has been responsible for the country’s economic growth.
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Further key findings from the report suggest
- The industry is expanding at a significant CAGR, which is attributed to the rising predominance of cancer globally, increasing government funds, and huge support to performers for market products.
- The cancer sub-segment held a substantial market possession in 2019, due to the increasing population suffering from various types of diseases. Cancer segment is predicted to grow at a fast pace in the analysis period.
- The hospital sub-segment has contributed to the largest industry share and has been forecasted to touch USD 14.26 Billion in the year 2027. The segment’s steadfast growth is resultant to the growing number of various pipeline projects.
- North America is foreseen to become a leading region during the projected period. The U.S. is expected to be the biggest contributor in the region and is forecast to observe steady growth due to the huge government funding and the rapid establishment of various firms for clinical trials. The region is foreseen to showcase a CAGR of 18.2% in the commenced period.
- Leading companies in the industry are Bayer AG, Brainstorm Cell Therapeutics Inc., Daiichi Sankyo Co. Ltd., FUJIFILM Holdings Corp., Holostem Terapie Avanzate Srl, Teva Pharmaceutical Industries Ltd, Sumitomo Chemical Co. Ltd., Osiris Therapeutics Inc., Vericel Corp, and Takeda Pharmaceutical Co. Ltd.
Autologous Cell Therapy Product Market by Source, By End-User and By Application, And Segment Forecasts to 2027, To identify the key trends in the industry, click on the link below: @ https://www.reportsanddata.com/report-detail/autologous-cell-therapy-product-market
For the purpose of this report, Reports And Data has segmented the Global Autologous Cell Therapy Product Market on the basis of source, end-user, application, and region:
Source Outlook (Revenue, USD Billion; 2017-2027)
- Bone Marrow
End-User Outlook (Revenue, USD Million; 2017-2027)
- Ambulatory Centers
- Research Centers
Application Outlook (Revenue, USD Billion; 2017-2027)
- Neurodegenerative Diseases
- Wound Healing
- Cardiovascular diseases
- Autoimmune Diseases
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Regional Outlook (Revenue, USD Billion; 2017-2027)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
Table of Content:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
Chapter 4. Autologous Cell Therapy Products Market Segmentation & Impact Analysis
4.1. Autologous Cell Therapy Products Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
22.214.171.124. Development of novel drugs for treatment
126.96.36.199. Rise in demand of drugs for cardiac and degenerative disorder
188.8.131.52. New innovation and advancement
4.2.3. Market restraints analysis
184.108.40.206. Fueling the demand for stem cell therapies
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
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