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Friday, 26 April 2024
Tuesday, 06 Apr 2021 07:06 pm

Cell Therapy Market Skyrocketing Revenue of US$ 12,563.23 million by 2027 Worldwide with Smith & Nephew, Bristol-Myers Squibb Company, Cells for Cells, Stemedica Cell Technologies, Inc,, Castle Creek Biosciences, Inc

The Cell Therapy Market is expected to reach US$ 12,563.23 million by 2027 from US$ 7,260.50 million in 2019. The market is estimated to grow at a CAGR of 7.2% from 2020–2027.

By SMN Bureau
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The advancements in biotechnology have led to the adoption of personalized treatments for a wide range of indications. Stem cell therapies are being used to treat chronic diseases, such as cancer, neurological disorders, and genetic disorders. Further, the advantages of cell therapy such as targeted treatment, faster and efficient recovery, and reduced side effects promote the adoption of various products. In North America, cell therapies are widely adopted owing to the availability of FDA-approved products. For instance, in April 2020, the FDA awarded regenerative medicine advanced therapy designation to Novartis' Kymriah to treat refractory (r/r) follicular lymphoma (FL) in adults.

The Cell Therapy market delivers a wide array of primary and secondary data with respect to regional and global market. In-depth analysis of numerous components has been studied in the report including price and gross margin, capacity, production, revenue, current geographical zones, technology, demand-supply, consumption, import, export. The market study focuses on industry dynamics including driving factors to provide the key elements fueling the current market growth. 

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Cell Therapy market Top Leading Vendors :-  

  • Vericel Corporation
  • MEDIPOST
  • NuVasive, Inc.
  • Mesoblast Limited
  • JCR Pharmaceuticals Co. Ltd.
  • Smith & Nephew
  • Bristol-Myers Squibb Company
  • Cells for Cells
  • Stemedica Cell Technologies, Inc,
  • Castle Creek Biosciences, Inc

Cell Therapy Market– by Therapy Type

  • Allogeneic
  • Autologous

Cell Therapy Market– by Product

  • Consumables
  • Equipment
  • Systems and Software

Cell Therapy Market– by Technology

  • Viral Vector Technology
  • Genome Editing Technology
  • Somatic Cell Technology
  • Cell Immortalization Technology
  • Cell Plasticity Technology
  • Three-Dimensional Technology

Cell Therapy Market– by Application

  • Oncology
  • Cardiovascular
  • Orthopedic
  • Wound Management
  • Other Applications

Cell Therapy Market– by End User

 

  • Research Institutes
  • Hospitals
  • Others

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The report also identifies restraints and opportunities to identify high growth segments involved in Cell Therapy market. In addition to this, the study provides Porters five forces analysis, PESTEL analysis and industry chain analysis of the market to gain the impact of various factors such as bargaining power of suppliers, competitive rivalry, threat of new entrants, threat of substitutes, and bargaining power of buyers on the growth of Cell Therapy market.

Table of content:

Chapter1: The global Cell Therapy Market Overview

Chapter2: Market drivers and challenges

Chapter3: Market Global Economic Indicators

Chapter4: Market Competitive scenario

Chapter5: Market Size and Forecast

Chapter6: Cell Therapy Market Forces Analysis

Chapter7: Market Trend

Chapter8: Market by geography

Chapter9: Key Market Insights

Chapter10: Cell Therapy Market Development Trend Analysis

 

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