Autologous cell therapy (ACT) is a novel therapeutic intervention that uses an individual’s cells which are refined and extended external the body, and once again introduced into the contributor. Benefits of such a methodology incorporate the minimization of dangers from foundational immunological responses, bio-inconsistency, and infection transmission related with unions or cells not developed from the person. Up to this point, this type of treatment has been utilized effectively to bioengineer skin substitutes, help wound recuperating, neutralize persistent irritation, treat consumes and pressure ulcers, and improve postoperative healing.
Allied Market Research has just completed and published a study report with the title Autologous Cell Therapy Market Size was Valued at USD 4.3 billion in 2021 and is Projected to Garner USD 29.1 billion by 2031 registering a CAGR of 21.0% from 2022 to 2031.
The factors propelling the growth of the global autologous cell therapy market are rise in the prevalence of cancer, an increase in the number of clinical trials, and public and private investments for the development of CAR (chimeric antigen receptor)-T therapy. Based on, the segment held the largest share in 2021, accounting for of the global autologous cell therapy market.
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- The outbreak of the COVID-19 pandemic disrupted workflows in the healthcare sector worldwide. The reduced demand for autologous cell therapy, less supply of raw materials, and reduced manufacturing of products impacted the market negatively.
- The significant reduction in clinical trials for autologous cell therapy, owing to strict government guidelines against COVID-19, hampered the market growth. Moreover, reduced hospitals visits, closure of borders, and confinement of people to their homes impacted the supply chains of the life-saving medical products in the autologous cell therapy market.
- With the introduction of COVID-19 vaccines, the market has stabilized due to rise in patient visits to hospital and cancer treatment facilities. Cancer treatment is given priority which lead to an increase in demand for autologous cell therapy.
- The report offers a detailed segmentation of the global autologous cell therapy market based on therapeutic area, end user, and region. The report provides an analysis of each segment and sub-segment with the help of tables and figures. This analysis helps market players, investors, and new entrants in determining the sub-segments to be tapped on to achieve growth in the coming years.
Top Autologous cell therapy (ACT) Companies: –
- Bristol Myers Squibb
- Novartis AG
- Vericel Corporation
- Gilead Sciences (Kite Pharma, Inc.)
- Johnson & Johnson (Janssen Biotech, Inc.)
- Tego Science
- Sanpower Group (Dendreon Pharmaceuticals LLC.)
- Holostem Terapie Avanzate S.r.l.
- GC Biopharma (GC Cell)
- CORESTEM, Inc.
Autologous cell therapy (ACT) Market Segmentation: –
By Therapeutic area
- Hospitals Cancer treatment centers
- Ambulatory Centers
- Academics & Research
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Our Market Research Solution Provides You Answer to Below Mentioned Question:
- Which are the driving factors responsible for the growth of market?
- Which are the roadblock factors of this market?
- What are the new opportunities, by which market will grow in coming years?
- What are the trends of this market?
- Which are main factors responsible for new product launch?
- How big is the global & regional market in terms of revenue, sales and production?
- How far will the market grow in forecast period in terms of revenue, sales and production?
- Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
- How will each segment grow over the forecast period and how much revenue will these segments account for in 2028?
- Which region has more opportunities?
By Region Outlook
⦁ Rest of Europe
⦁ Rest of Asia-Pacific
⦁ Saudi Arabia
⦁ Rest of LAMEA
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