Press release
Cell Therapy Market to Surpass US$ 54.6 Bn by 2032, Latest Study by TMR
Cell Therapy
๐๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ :
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=63273&utm_source=OpenPR&utm_campaign=MansiR_OpenPR
๐๐ก๐๐ญ ๐ ๐๐๐ญ๐จ๐ซ๐ฌ ๐๐ซ๐ ๐๐ซ๐จ๐ฉ๐๐ฅ๐ฅ๐ข๐ง๐ ๐๐๐ฅ๐ฅ ๐๐ก๐๐ซ๐๐ฉ๐ฒ ๐๐๐ฆ๐๐ง๐?
Cell and gene therapies (CGTs) represent cutting-edge technology for treating severe and rare diseases.
LUXTURNA, a therapy targeting a hereditary retinal illness causing blindness, is among several such treatments available.
CGT signifies a significant medical advancement, notably as the first curative gene therapy approved for use.
In August 2020, the FDA approved Novartis' Kymriah for refractory follicular lymphoma, marking a milestone in regenerative medicine.
July 2020 saw FDA approval for brexucabtagene Acelus, a CAR T-cell therapy for mantle cell lymphoma patients.
Ongoing development efforts are evident, with over 750 CGT studies involving around 30,000 patients as of June 2020.
CGT drugs comprise approximately 12% of the pharmaceutical industry's clinical pipeline and at least 16% of the preclinical pipeline.
The demand for novel therapies, such as cancer and cardiovascular treatments, is driving research into cell-based solutions.
The Australian government launched the Cell Therapies Mission in November 2019, allocating US$ 102 million under the Medical Research Future Fund (MRFF) to incentivize stem cell research for new medicines.
Foster Innovation UK received GBP 267,000 in funding in September 2019 to support gel stabilization technology developed by Atelerix, with a focus on therapeutic applications.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
Novartis AG, Pharmicell, Osiris Therapeutics (Smith & Nephew), GlaxoSmithKline, Anterogen, IMFS, Stemedica Cell Technologies, NuVasive, BioNTech, Kolon TissueGene, JCR Pharmaceuticals, Cells for Cells, and Vericel Corporation.
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ:
By Use Type
Clinical use
Therapeutic Area
Cell Type
Research Use
Byย Therapy Type
Allogenic Therapies
Autologous Therapies
By Region
North America
Latin America
Europe
APAC
MEA
๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ:
In April 2019, Hitachi Chemical Co. Ltd. bought apceth Biopharma GmbH to expand its foothold in the contract development and manufacturing organization (CDMO) industry for gene and cell therapies production.
In June 2021, Charles River Laboratories acquired a cellular and gene therapy contract manufacturer-to-manufacturing capabilities through the acquisition of CDMO Cognate BioServices.
In August 2021,ย Thermo Fisher Scientific paid US$ 859.7 million for Henogen S.A., Novasep's viral vector production firm in Belgium. This purchase strengthens its position in the cell and gene therapy manufacturing therapeutic sector.
In July 2019,ย Thermo Fisher Scientific paid US$ 1.7 billion for Brammer Bio, a business that manufactures viral vectors for gene and cell treatments.
๐๐ซ๐๐๐ซ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.transparencymarketresearch.com/checkout.php?rep_id=63273<ype=S&utm_source=OpenPR&utm_campaign=MansiR_OpenPR
๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
Emergence of personalized cell therapies
Integration of artificial intelligence and machine learning in cell therapy development
Shift towards off-the-shelf cell therapies
Collaborations and partnerships among pharmaceutical companies and research institutes
๐ ๐ฎ๐ญ๐ฎ๐ซ๐ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
The future of the cell therapy market appears promising, with continuous innovation and technological advancements driving the development of safer and more effective therapies. As research uncovers new applications and expands the understanding of cellular mechanisms, the landscape of healthcare is set to undergo transformative changes.
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ญ๐ฎ๐๐ฒ ๐๐จ๐ข๐ง๐ญ๐ฌ:
Understanding patient demographics and disease prevalence
Assessing regulatory landscapes across different regions
Analyzing competitive strategies and market positioning of key players
Monitoring advancements in cell manufacturing and therapy delivery techniques
Identifying emerging opportunities in niche therapeutic areas
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ซ๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐:
๐๐๐ฎ๐ญ๐ ๐๐ฒ๐๐ฅ๐จ๐ข๐ ๐๐๐ฎ๐ค๐๐ฆ๐ข๐ (๐๐๐) ๐๐ข๐จ๐ฆ๐๐ซ๐ค๐๐ซ ๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ- https://www.globenewswire.com/news-release/2023/03/15/2627542/0/en/Acute-Myeloid-Leukemia-AML-Biomarker-Testing-Market-to-Hit-USD-624-0-Mn-by-2031-Says-Transparency-Market-Research.html
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐๐ญ๐ก๐๐ซ ๐๐ฉ๐ก๐จ๐ฅ๐ฌ๐ญ๐๐ซ๐ฒ ๐๐๐ซ๐ค๐๐ญ- https://www.globenewswire.com/news-release/2023/03/15/2627439/0/en/Automotive-Leather-Upholstery-Market-to-Reach-US-7-0-Bn-by-2031-Europe-is-expected-to-dominate-the-worldwide-market-Transparency-Market-Research-Inc.html
๐๐๐จ๐ฎ๐ญ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
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Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
๐๐จ๐ง๐ญ๐๐๐ญ:
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