The cell therapy human raw materials global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Cell Therapy Human Raw Materials Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The cell therapy human raw materials market size has grown exponentially in recent years. It will grow from $2.34 billion in 2023 to $2.81 billion in 2024 at a compound annual growth rate (CAGR) of 20.1%. The growth in the historic period can be attributed to the increasing prevalence of chronic diseases, rising geriatric population, high demand for regenerative medicines, governmental funding and support, and growing healthcare expenditure.
The cell therapy human raw materials market size is expected to see exponential growth in the next few years. It will grow to $5.86 billion in 2028 at a compound annual growth rate (CAGR) of 20.2%. The growth in the forecast period can be attributed to expanding therapeutic applications, rising patient awareness, favorable regulatory frameworks, a growing biopharmaceutical sector, and improved manufacturing processes. Major trends in the forecast period include the adoption of allogeneic therapies, the integration of artificial intelligence, an increase in off-the-shelf cell therapies, the use of 3D bioprinting technology, and the and the development of hybrid cell therapies.
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Scope Of Cell Therapy Human Raw Materials Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Cell Therapy Human Raw Materials Market Overview
Market Drivers –
The cell therapy human raw materials market size has grown exponentially in recent years. It will grow from $2.34 billion in 2023 to $2.81 billion in 2024 at a compound annual growth rate (CAGR) of 20.1%. The growth in the historic period can be attributed to the increasing prevalence of chronic diseases, rising geriatric population, high demand for regenerative medicines, governmental funding and support, and growing healthcare expenditure.
The cell therapy human raw materials market size is expected to see exponential growth in the next few years. It will grow to $5.86 billion in 2028 at a compound annual growth rate (CAGR) of 20.2%. The growth in the forecast period can be attributed to expanding therapeutic applications, rising patient awareness, favorable regulatory frameworks, a growing biopharmaceutical sector, and improved manufacturing processes. Major trends in the forecast period include the adoption of allogeneic therapies, the integration of artificial intelligence, an increase in off-the-shelf cell therapies, the use of 3D bioprinting technology, and the and the development of hybrid cell therapies.
Market Trends –
Major companies operating in the cell therapy human raw materials market increasingly focus on developing chemically defined cell culture mediums to accelerate cell therapy development. A cell culture medium is a nutrient-rich solution designed to provide essential nutrients, growth factors, and environmental conditions necessary for cells’ in vitro growth and propagation outside their natural environment. For instance, in May 2023, Lonza Group AG, a Switzerland-based healthcare manufacturing organization, launched TheraPEAK T-VIVO Cell Culture Medium. This launch features a chemically defined formulation, serum-free, and animal component-free composition, recombinant proteins, enhanced culture and expansion support, and application assistance, ensuring consistency, safety, and regulatory compliance in cell therapy manufacturing. This medium represents significant technological advancements by eliminating animal components, chemically defined formulation, and regulatory-friendly characteristics, contributing to improved safety, quality, and regulatory compliance.
The cell therapy human raw materials market covered in this report is segmented –
1) By Product: Cell Culture Media, Cell Culture Sera, Cell Culture Supplements, Reagents And Buffers, Other Raw Materials
2) By Type Of Cell Therapy: Dendritic Cell Therapy, Natural Killer (NK) Cell Therapy, Stem Cell Therapy, T-Cell Therapy
3) By End-Use: Biopharmaceutical And Pharmaceutical Companies, Contract Research Organizations (CROs) And Contract Manufacturing Organization (CMOs), Academic And Research Institutions
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Regional Insights –
North America was the largest region in the cell therapy human raw materials market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cell therapy human raw materials market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies –
Major companies operating in the cell therapy human raw materials market increasingly focus on developing chemically defined cell culture mediums to accelerate cell therapy development. A cell culture medium is a nutrient-rich solution designed to provide essential nutrients, growth factors, and environmental conditions necessary for cells’ in vitro growth and propagation outside their natural environment. For instance, in May 2023, Lonza Group AG, a Switzerland-based healthcare manufacturing organization, launched TheraPEAK T-VIVO Cell Culture Medium. This launch features a chemically defined formulation, serum-free, and animal component-free composition, recombinant proteins, enhanced culture and expansion support, and application assistance, ensuring consistency, safety, and regulatory compliance in cell therapy manufacturing. This medium represents significant technological advancements by eliminating animal components, chemically defined formulation, and regulatory-friendly characteristics, contributing to improved safety, quality, and regulatory compliance.
Table of Contents
1. Executive Summary
2. Cell Therapy Human Raw Materials Market Characteristics
3. Cell Therapy Human Raw Materials Market Trends And Strategies
4. Cell Therapy Human Raw Materials Market – Macro Economic Scenario
5. Global Cell Therapy Human Raw Materials Market Size and Growth
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32. Global Cell Therapy Human Raw Materials Market Competitive Benchmarking
33. Global Cell Therapy Human Raw Materials Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Cell Therapy Human Raw Materials Market
35. Cell Therapy Human Raw Materials Market Future Outlook and Potential Analysis
36. Appendix
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