USD 9.73 Billion
Cell Therapy Technologies Market Size, Share, Growth Analysis, By Technology(Viral Vector Technology, Genome Editing Technology, Somatic Cell Technology, Cell Immortalization Technology), By Use(Clinical Use), By Cell(Stem Cell Therapies, BM, Blood, & Umbilical Cord-derived Stem Cells), By Therapy(Allogenic Therapies, Autologous Therapies), By Product(Consumables, Equipment, Systems, and Software), By Therapeutic Area(Oncology, Musculoskeletal Diseases), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG35A2873 |
Region:
Global |
Published Date: April, 2024
Pages:
201
|Tables:
175
|Figures:
74
Cell Therapy Technologies Market Insights
Global Cell Therapy Technologies Market size was valued at USD 9.73 Billion in 2022 and is poised to grow from USD 2.12 Billion in 2023 to USD 55.32 Billion by 2031, growing at a CAGR of 12.14% in the forecast period (2024-2031).
Increase in funding for cell therapy clinical research, acceptance of practical guidelines for cell therapy production, product success is some of the key factors influencing the growth of the number of companies in the market. Cell therapy by quality research and research projects are providing to enhance the development of therapeutic cells. This has directly contributed to the growth of market share over the years. The increase in the number of clinical trials can be attributed to the existence of private and government funding agencies that continue to grant approvals to support transactions in clinical trials. Most subsequent projects in Europe are funded by EU grants. For example, in July 2022, Achilles Therapeutics announced that it had received a Horizon Europe award for the US. $4.2 million, the largest budget for research and innovation in the European Union. This money was allocated to advance personalized medicine.
Cell therapy technologies have attracted increasing attention in recent years for their potential to revolutionize the treatment of various diseases. New trends and technological advancements are driving the market for cell therapy technologies. Advances in cell therapy techniques, gene editing technologies (e.g., CRISPR/Cas9), and biomaterials are contributing to the creation of effective and scalable cell therapies. The combination of automation and robotics simplifies manufacturing processes, reduces costs and improves the reproducibility and quality of cell therapy products. Regulatory approvals significantly influence the market dynamics of cell therapy technologies.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Autologous Therapies
Fastest Growth
Allogeneic Therapies
Growth Rate
12.14% CAGR
Global Cell Therapy Technologies Market ($ Bn)
Country Share for North America Region (%)
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Cell Therapy Technologies Market Segmental Analysis
Based on technology the cell therapy market is categorized into viral vector technology, genome editing technology, somatic cell technology, cell immortalization technology, cell plasticity technology, and three-dimensional technology. Based on use-type the cell therapy market is categorized into clinical-use. By cell type the market is segmented into stem cell therapies, BM, blood, & umbilical cord-derived stem cells, adipose-derived cells, non-stem cell therapies, research-use. Based on therapy type the cell therapy market is categorized into allogenic therapies, autologous therapies. Based on product it is categorized into consumables, equipment, systems, and software. Based on therapeutic area it is categorized into oncology, musculoskeletal diseases. Geographically, the Global Cell Therapy Technologies Market has been segmented into Asia-Pacific, North America, Europe, and the Middle East & Africa, and South America.
Analysis by Therapy
The autologous segment dominated the market with a share of 91.22% in 2023. Due to excellent therapeutic results of various cancers and genetic diseases, the growth in this segment has been driven by the adoption of many CAR-T therapies of atomic size. For example, in February 2022, the U.S. The FDA approved siltacabtagen-autoleucel (Carvykti) for adults with refractory multiple myeloma or relapsing after chemotherapy.
The allogeneic segment is estimated to register significant growth in the market between 2024 and 2031. This growth can be attributed to the high adoption to develop new therapeutic regimes. There are 542 active allogeneic CAR-T drugs worldwide pipes, many of them with good results. For example, Adaptimmune Ltd. and Genentech are collaborating to focus on the benefits of allogeneic therapy derived from iPSCs to generate T cells with a higher proliferative capacity than mature T cells.
Analysis by Therapeutic Area
The oncology segment dominated the overall market with the highest revenue by 2023. CD19-targeted CAR T-cells reportedly result in higher rates of complete and durable disease in patients with acute lymphocytic leukemia (ALL). and increased FDA approvals for new therapies will create market growth opportunities. For example, in October 2021, the U.S. The FDA approved brexucabtazine autoleucel (Tecartus) for use as CAR T therapy for individuals with B-cell precursor ALL who did not respond (resistant) to prior therapy or whose condition relapsed after treatment after their illness. This approval made brexucabtagene the first CAR T therapy for adults with ALL.
The musculoskeletal diseases segment is expected to witness significant market expansion in the coming years. Technologies aimed at regenerating or restoring damaged musculoskeletal tissues are under intense research. Researchers in various groups are investigating the clinical use of different cell types in therapies to prevent damage to the musculoskeletal machinery. The direct use of cultured or indigenous bone progenitor cells is also being explored to stimulate tissue repair and regeneration of musculoskeletal tissues These measures are expected to promote volume growth.
Global Cell Therapy Technologies Market By Therapy (%)
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Cell Therapy Technologies Market Regional Insights
North America accounted for the largest revenue share of 58.7% in 2023. This is due to collaboration between research institutes and major pharmaceutical companies. Growth is coming through several joint ventures in this area. For example, in June 2022, Ematics partnered with Bristol Myers Squibb to develop the Gamma Delta Allogenic Cell Therapy Programs. The United States is a leading player in the global cell therapy technology market. It emphasizes the research, development, and development of cell therapies, particularly in cancer, cardiology, and neuroscience in the US. The regulatory environment is supportive of new cell therapies, and the country has a variety of services and research institutes.
Asia-Pacific is estimated to register the highest CAGR during the forecast period owing to the high demand for cellular therapies in the region. Factors such as increasing awareness of alternative therapies, increasing investments, and better policy expectations from governments are estimated to accelerate market growth during the forecast period. China’s cell therapy market is growing rapidly, driven by technical services and consulting. The market is characterized by a focus on innovation and digital transformation in line with China’s ambitions in electric vehicles and renewable energy. India is a major hub for outsourcing, offering a wide range of services to global industries including IT, finance, and customer support.
Global Cell Therapy Technologies Market By Geography
- Largest
- Fastest
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Cell Therapy Technologies Market Dynamics
Drivers
Development of Novel Therapies
- The market growth is also supported by the constant introduction of new technologies to enable cutting-edge therapies. The introduction of proprietary cells is generally considered to be the most efficient way to obtain a large population of targets for a single product. For example, Immunicum is using Chimeric Antigen Receptor T cell (CAR-T) growth, dendritic cell neoantigen presentation technology, and T-cell primers to improve its immuno-oncology product development.
Rise of Generalized Medicine
- The rise of generalized medicine has raised the level of medical education. Cell therapy, particularly involving engineered cells, enables the development of customized therapies targeting the unique genotypes of individual patients. This personalized testing greatly improves the efficacy of treatment and reduces adverse effects, marking a paradigm shift in the way health care is delivered. Stem cell therapy is also gaining more attention due to its use in therapies for autoimmune and metabolic disorders. It plays a vital role in a person’s immune response to a variety of metabolites. For example, in May 2022, Cernova and Evotec collaborated to develop cell therapies for use in insulin-dependent diabetes using induced pluripotent stem cell (iPSC)-based therapies.
Restraints
- Lack of Skilled Labor to Create Market Challenges
Despite technological advances and inventions over the past decade, there is a lack of skilled personnel to operate complex instruments such as flow cytometers and a lack of many readers. Flow cytometers and spectrophotometers, which are technologically advanced and extremely robust, generate large amounts of data that require skill to analyze and review.
- Regulatory Hurdles
Manufacturing complexity, including cell expansion, differentiation, and purification, presents challenges in large-scale manufacturing, resulting in higher costs, longer lead times, and changes in production. Strict regulatory requirements in cell therapy, including safety, efficacy, and quality standards, lead to timeline delays, and cost savings in bringing therapies to market are high, limiting smaller companies with limited resources.
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Cell Therapy Technologies Market Competitive Landscape
The competitive environment of the Global Cell Therapy Technologies Market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. Emerging biotechnology companies and start-up companies are leveraging technological innovation and collaborative research to gain competitive advantage and participate in the development of new cell therapies loudly. Partnerships, licensing agreements, and acquisitions are common strategies among market players to expand their capabilities, acquire complementary technologies, and strengthen their market positions.
Top Player’s Company Profiles
- Thermo Fisher Scientific Inc.
- GE Healthcare
- Lonza Group
- Merck KGaA (MilliporeSigma)
- Terumo BCT (Terumo Corporation)
- STEMCELL Technologies Inc.
- Sartorius AG
- Therakos Inc. (Mallinckrodt Pharmaceuticals)
- Miltenyi Biotec
- Fresenius Kabi AG
- Pluristem Therapeutics Inc.
- MaxCyte Inc.
- CellGenix GmbH
- Novartis International AG
- Gilead Sciences Inc.
Recent Developments
- In March 2023, Danaher Corporation began a strategic collaboration with the University of Pennsylvania to address operational challenges affecting the use of cellular immunotherapy.
- In June 2023, Vertex Pharmaceuticals Incorporated and Lonza disclosed a joint venture to facilitate the creation of Vertex research stem cell therapeutic divisions This treatment is designed to help individuals with type 1 diabetes (T1D), a VX-880 and VX currently undergoing clinical trials Special include focus on systems –264.
- On October 2023, Nkarta, Inc. (NASDAQ: NKRT) reported a $1.5 billion growth. announced FDA approval of an IND application for evaluation of NKX019 as a candidate for allogeneic, CD19-directed CAR NK cell therapy for lupus nephritis.
Cell Therapy Technologies Key Market Trends
Growing Use of Advanced Analytical Tools
- The demand for advanced cell therapy technology is increasing as advanced analytical tools are used for quality control and quality improvement. Combining new diagnostics, imaging technologies and data analytics makes it easy to monitor and characterize cellular materials to ensure efficacy and increased safety profiles. If the focus is on developing new biomaterials and scaffolds to enhance cell delivery and engraftment increases the interest in cell therapy technologies. These properties provide improved biocompatibility, controlled release kinetics, and better retention at the target site, further enhancing the therapeutic potential of cell-based therapies in regulatory development and collaboration involvement and increased collaboration between research institutions supports innovation and accelerates the translation of cell therapy technologies from bench to bedside.
Cell Therapy Technologies Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
The global cell therapy technologies market is driven by technological advancement, increasing demand for personalized medicine and favorable regulatory environment in regions such as North America and Asia Pacific but the market faces challenges such as manufacturing constraints and severe regulatory barriers, which can impede progress. Despite these limitations, the competitive landscape is dynamic, with established players and emerging companies competing through innovation, strategic collaboration and expansion strategies. Overall, the market presents significant opportunities for participants willing to navigate the emerging landscape and capitalize on the growing demand for novel cell-based therapies.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 9.73 Billion |
| Market size value in 2031 | USD 55.32 Billion |
| Growth Rate | 12.14% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
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| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Cell Therapy Technologies Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Cell Therapy Technologies Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Cell Therapy Technologies Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Cell Therapy Technologies Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Cell Therapy Technologies Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Cell Therapy Technologies Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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