Global Cell Therapy Technologies Market Overview And Prospects
Learn about the global cell therapy technologies market through The Business Research Company, which provides information on cell therapy technologies market size, cell therapy technologies market drivers and restraints, cell therapy technologies market players, the COVID-19 impact on the cell therapy technologies market, and more.
The global cell therapy technologies market is expected to grow from $2.36 billion in 2020 to $2.96 billion in 2021 at a compound annual growth rate (CAGR) of 25.4%. The growth is mainly due to an increase in investments in cell therapies and the growth in research and development for cell therapy. The cell therapy technologies market is expected to reach $5.57 billion in 2025 at a CAGR of 17.1%
Increasing investments by the government in cell-based research are expected to drive innovation in cell therapy technologies, thus driving the market during the forecast period.
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The cell therapy technologies market consists of sales of cell therapy technologies that are medicinal solutions used for developing and improving cell therapy, such as cell processing, cell banking, and point-of-care technologies. Cell therapy is a type of treatment used to inject active cells into the body of a patient for treating some disorders. This therapy seeks to treat diseases by altering certain sets of cells. In this technique, cells, which originate from the patient or a donor are modified outside the body and then injected into the patient.
Global cell therapy technologies market segments include:
By Product: Consumables, Equipment, Systems & Software
By Cell Type: T-Cells, Stem Cells, Other Cells
By Process: Cell Processing, Cell Preservation, Distribution And Handling, Process Monitoring And Quality Control
By End-User: Life Science Companies, Research Institutes
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the cell therapy technologies market in 2020.
Strategic collaborations and partnerships between the industry players are gaining popularity in the cell therapy technologies market. Major companies are collaborating and partnering with other companies to developing new technologies in cell therapy areas for the treatment of a variety of diseases.
TBRC’s cell therapy market report covers:
Major Market Players: Thermo Fisher Scientific, Merck, MaxCyte, Lonza Group, Sartorius, Terumo BCT, Fresenius Medical Care AG & Co. KGaA, Avantor Inc., Miltenyi Biotec, STEMCELL Technologies Inc., Beckman Coulter, Danaher, Becton Dickinson and Company, and GE Healthcare.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
The Cell Therapy Technologies Global Market Report 2021: COVID-19 Growth and Change to 2030 is one of a series of new reports from The Business Research Company that provides cell therapy technologies market overviews, analyzes and forecasts market size, share, cell therapy technologies market players, cell therapy technologies market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s cell therapy technologies market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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