GITNUX MARKETDATA REPORT 2024

The Most Surprising Cell Therapy Industry Statistics in 2024

Table of Contents

As we unlock the secrets of the human cell, a new era of medicine emerges with innovative solutions to some of our most perplexing health challenges. Welcome to the exciting and rapidly evolving world of cell therapy – a world where discoveries today could fundamentally change healthcare tomorrow. Throughout this blog post, we’ll delve into significant statistics that highlight the growth, opportunities, and trends in the cell therapy industry. These numbers will provide unique insights into this fascinating field, equipping both industry insiders and interested onlookers with valuable information to understand and anticipate the future of cell therapy. So, buckle up for a journey into the statistical heart of one of medicine’s most promising frontiers.

The Latest Cell Therapy Industry Statistics Unveiled

In 2018, the market for cell therapy stood at about $7.2 billion according to a report by BIS Research.

Highlighting the financial statistic of a $7.2 billion valuation for the cell therapy market in 2018 serves as an anchor point to encapsulate the magnitude and potential of this industry. It creates a context of its worthiness in the world of medicine and healthcare, and metamorphoses into a measurable comparative means to track the growth or regression of the industry over time. Furthermore, this numerical pillar published by BIS Research sheds light on the economic scale and the potential investment prospects of the cell therapy industry, setting a tone of significance and gravity for the blog post readers.

In 2021, the regenerative medicine market, including cell therapy, gene therapy, and tissue engineering, reached $38.7 billion.

Unveiling the impressive figure of $38.7 billion for the regenerative medicine market in 2021, including cell therapy, gene therapy, and tissue engineering, provides a startling picture of the industry’s blazing progress and remarkable potential. It frames a panorama of a steadily growing industry where cell therapy plays a significant role. This grand number signifies not only a robust, resilient industry but serves as a beacon showing the immense trust that investors, medical experts, and patients have put into these cutting-edge technologies. It also forecasts an encouraging trajectory suggesting what the future may hold for the cell therapy industry in the years to come.

North America accounts for the largest share in the cell therapy market in 2018 with Europe following close behind.

Highlighting North America’s dominance in the cell therapy market in 2018 provides a significant geographical perspective. It’s like illuminating the commanding beacon of advancement in this field. Europe’s close chase in the game proves that the tide of these medical advancements is impacting the globe expansively. This statistic contributes valuable insight into understanding the cell therapy industry’s distribution, flourishing regions, and potential markets. An overall grasp of this nature is vital for any strategic move, whether for investors, researchers, or medical practitioners.

The cancer segment held the largest share of the global cell therapy market in 2020.

Understanding that the cancer segment dominated the global cell therapy market in 2020 is a critical element when delving into cell therapy industry statistics. It paints a vivid picture of the key drivers of the cell therapy industry, spotlighting cancer as a pressing health challenge, intensively demanding for innovative therapies. Furthermore, it sheds light on the potential impact these therapies are making in combating this disease, signifying that immense investment and research are likely being directed to this segment. Grasping this key market dynamic can provide valuable insight for healthcare providers, researchers, and investors alike.

Autologous Cell Therapy is projected to capture more than half of the cell therapy market by 2027.

Delving into the heart of the cell therapy cosmos, the revelation that Autologous Cell Therapy is forecasted to conquer over half of the market landscape by 2027 unveils an intriguing narrative of industry disruption. Heralding a paradigm shift, this predictively dominant stake underscores Auto Cell Therapy as an emerging titan amongst its competitory brethrens, shedding light on its potential as a fruitful investment for stakeholders seeking to capitalize on burgeoning sectors. Additionally, it also spells opportunities for further R&D in this therapy type, affirming that consumer preference and medical advancements are likely joining forces to create a robust market stronghold for autologous solutions. Indubitably, such transformative forecasts add a pulsating beat to the rhythm of our discussion on Cell Therapy Industry Statistics, infusing it with insight and anticipation of what the future holds.

The market size of CAR-T therapies is predicted to reach $7.62 billion by 2027.

Surfing the tide of innovations in the cell therapy industry can lead readers to envision the future that this groundbreaking industry holds. One pivotal statistic stands out – the forecasted swell to a staggering $7.62 billion in CAR-T therapies by 2027. This is a silver beacon of the industry’s monumental growth potential and illustrates the impressive scale of therapeutic advancements it targets for the near future. Not just a number, it gags the incredible leap that cell therapy technologies are set to take, underlining the importance of investing in this sector today for a healthier, disease-free tomorrow. This awe-inspiring prediction also unravels the scope for massive job creation and potential for economic uplift – key inferences drawn from the growing demand, increased funding, and the accelerating pace of clinical trials. As we probe further into cell therapy industry statistics, this multi-billion dollar forecast serves as a compass, directing towards a future of exponential growth and unprecedented breakthroughs.

Asian cell therapy market is projected to exhibit a CAGR of 36.1% during the forecast period 2021 – 2028.

Delving into the intriguing numerical world of the Cell Therapy Industry, one cannot ignore the compelling prediction for the Asian market. In the timeframe between 2021 and 2028 this region is poised for a remarkable surge, highlighting a CAGR of 36.1%. This prediction underscores the Asian market’s potential to become a powerhouse in cell therapy, perhaps even outstripping its western counterparts.

The rapid pace of technological advancements in cell-based treatments, alongside positive government regulations, could make Asia a fertile ground for innovation in this field. Investors, researchers, and healthcare professionals may find it beneficial to monitor this market closely, as it could represent a trove of opportunities in both the advancement of medical treatments and the generation of robust economic returns.

This eye-catching CAGR also reflects the strong momentum underlying the cell therapy industry globally. Various key players are likely to make significant strategic forays into this burgeoning Asian market to capitalize on the enormous growth potentials. Therefore, this statistic isn’t just a number. It’s a beacon shedding light on the global equilibrium shift towards Asia in the cell-therapy sector, in the foreseeable future.

By 2025, over 800 cell and gene therapies could potentially hit the market.

Peering into the future landscape of the Cell Therapy Industry, one cannot help but marvel at the compelling number that is set to revolutionize this field: a staggering 800 plus cell and gene therapies projected to make their debut by 2025. This figure illuminates a sterling growth trajectory and signals an era of unprecedented therapeutic innovation. It provides stakeholders, both within and outside the industry, with a barometer of the scale and pace at which the field is advancing. Moreover, such plentiful market entry opens up a cosmos of opportunities for investors, healthcare practitioners, and patients alike, and is indicative of the undeniable promise and dynamism that defines the Cell Therapy Industry.

By 2026, stem cell market size is set to surpass USD 40 billion.

An infusion of insight like this paints a vibrant portrait of the potential this burgeoning industry holds. It’s not just a number, the USD 40 billion figure casts a gleam of hope on the future prominence of the stem cell market by 2026. Within the mosaic of cell therapy industry statistics, this ambitious prediction stands as a pillar of exponential growth and progress. It underscores the importance of continued investment in this dynamic field, while also highlighting the economic magnitude of the stem cell sector in particular. This isn’t just change, it’s revolution—set to reshape medical landscapes, ripple through healthcare economies, and ultimately, touch and transform human lives.

In 2019, the U.S. FDA had approved a total of four CAR-T cell therapies.

Highlighting the approval of four CAR-T cell therapies by the U.S. FDA in 2019 underscores an exciting and significant progress within the Cell Therapy Industry. It not only exemplifies the trust and acceptance these novel therapies are gaining from regulatory bodies, but it also illustrates the rate at which advancements in cell therapy are taking shape. This serves as a signal to investors, researchers, healthcare professionals, and patients about the potential growth and development of this industry, setting the stage for the further expansion and prevalence of these innovative treatments. This valuable insight provides a gateway into understanding the profound impact of the burgeoning cell therapy landscape.

4-5 % annual growth is expected in global cell therapy manufacturing.

Projecting a 4-5% annual growth rate in global cell therapy manufacturing shines a light on the momentum and promise this industry holds. For business and science enthusiasts, it paints a future of burgeoning opportunities in research, development, and commercialization. For investors, it teases tantalizing prospects of robust returns in a rapidly evolving sector. For patients worldwide, it arouses hope for revolutionary treatments and potential cures. In essence, this notable figure underscores the story of an industry poised for significant strides, embodying advancement in science, galvanizing economic growth, and fostering better healthcare outcomes.

Approximately 946 cell and gene therapy clinical trials were underway worldwide in 2019.

Delving into the vast expanse of the cell therapy industry, an incredibly striking finding surfaces – an astounding 946 cell and gene therapy clinical trials were implemented globally in 2019. This figure paints a vivid portrait of the industry’s vibrant research activity, dynamism, and immense potential for groundbreaking therapeutic advancements. It underscores the surging global interest and investment in cell and gene therapies, broadcasting an unmistakable signal of this field’s importance and impact on the future of medicine. Such a significant number of clinical trials not only represents extensive efforts towards finding novel solutions against complex diseases but also implies potential industry growth, positioning the cell therapy industry in the spotlight as a cornerstone of innovation in modern healthcare.

In 2019, companies based in the United States accounted for almost 68% of all cell therapy clinical trials worldwide during the year.

Highlighting the fact that American companies shouldered nearly 68% of all cell therapy clinical trials in 2019 furnishes a clear indication of the pioneering role played by the U.S in spearheading advancements within the global cell therapy industry. This numerical illustration serves not only as a testimony to the vigor and dedication of U.S.-based companies to innovate in this fascinating field, but also as an beacon shining upon the future prospects of the cell therapy industry. By serving as the nucleus of such critical research and development activities, the U.S has further solidified its position as a global leader in biotechnology and therapeutic innovation.

There are over 1,200 companies globally that are engaged in the development of cell therapies.

In the realm of the evolving cell therapy sector, the report stating “over 1,200 companies globally are engaged in the development of cell therapies” whisks us on a significant journey. These numbers alone illuminate the globally expanding magnitude and growth of the industry, essentially highlighting the competitive landscape. Moreover, this figure unearths and underscores a strong interest, investment, and faith in the industry’s potential to yield therapeutic breakthroughs. Readers who are keener on industry trends, investment opportunities or emerging technologies can look at this as a beacon that manifests a robust and continually evolving sector. It’ll provide a powerful lens to gaze into the cell therapy industry’s future sure to be brimming with innovation and making one thing certain — the vibrant pulse of progress in cell therapy is heartening and unstoppable.

The total number of cell therapy trials has grown 82 percent over the last decade.

In painting a vivid picture of the breakneck pace at which the cell therapy sector is evolving, consider this riveting fact: the number of cell therapy trials has surged by a remarkable 82 percent in merely the last ten years. This amplified interest and intensified research in cell therapy underlines the industry’s evolution, showcasing the considerable faith scientists and the medical community place in this promising medical frontier. This rapid proliferation in trials fuels the possibility of groundbreaking discoveries, improving treatment outcomes, and potentially finding cures for previously untreatable diseases. It also reflects the readiness of the industry to invest in these innovative procedures, heralding a potentially fruitful era for both practitioners and patients.

There are nearly 281 active signature cell therapy companies in the United States alone.

Peering into the heart of the cell therapy industry, the fabric of our conversation is woven with the threads of 281 active signature cell therapy companies existing in the United States. This vibrant tapestry reveals the robustness and progressive nature of this sector, indicative of a thriving, dynamic ecosystem primed for growth and innovation. The sheer volume of companies deepens the playing field, hinting at the vast gamut of treatments and breakthroughs that are being developed. Each one forms a chapter in our narrative, contributing to the comprehensive understanding of cell therapy’s profound impact on healthcare strategies and outcomes. The evidence of divergent thought, infrastructural capacity, and substantial investment underscores the industry’s vitality and the promise it holds for the future.

The field of cell and gene therapy has attracted more than $35 billion in investments in the past decade.

Highlighting an investment of over $35 billion in the past decade gives dramatic evidence of the escalating interest and confidence in the cell and gene therapy industry. It underscores the transformative potential of these therapies from commercial and scientific perspectives, further reinforcing the topic’s relevance. This monetary markup further traces not just the allure of the sector, but also signals the depth of research, development, and potentially groundbreaking findings that such funding facilitates. A thundering cash influx like this illustrates the overall health of the industry, its vibrant future, and the massive stake it holds in the global healthcare landscape, making it a vital point for anyone delving into a financial understanding of the cell therapy sphere.

Immuno-Oncology cell therapy market is poised to reach $34.03 billion by 2030.

Highlighting the prospective growth of the Immuno-Oncology cell therapy market to an impressive $34.03 billion by 2030 offers a vivid illustration of the accelerated ascendency of this remarkable industry. The staggering financial forecast not only underscores the thriving demand and promising future of cell-based therapies, but also accentuates their potentiality in revolutionizing cancer treatment. As these numbers promise an exponential path, insights and trends pivoting around this industry makes for an indispensable focal point within the blog post centered on Cell Therapy Industry Statistics. The projected growth signals the immense investment opportunities and ceaseless innovations within the biotechnology and pharmaceutical sectors.

Conclusion

In conclusion, the cell therapy industry is a continually evolving field that shows promising growth statistics. The dramatic advancements in this sector, backed by groundbreaking technological progress and successful clinical trials, indicate it as a lucrative investment arena. While hurdles such as regulatory concerns and ethical questions persist, the potential benefits of cell therapies in treating various diseases are potentially revolutionary. The substantial global market value projections confirm the industry’s upward trajectory. By remaining well-versed with key industry players and ongoing trends, stakeholders can harness the full potential of the thriving cell therapy industry.

References

0. – https://www.www.prnewswire.com

1. – https://www.www.contractpharma.com

2. – https://www.www.mdmag.com

3. – https://www.www.researchandmarkets.com

4. – https://www.www.alliedmarketresearch.com

5. – https://www.www.fortunebusinessinsights.com

6. – https://www.www.gminsights.com

7. – https://www.pubmed.ncbi.nlm.nih.gov

8. – https://www.www.healthcareglobal.com

9. – https://www.www.grandviewresearch.com

10. – https://www.www.pharmoutsourcing.com

11. – https://www.www.ncbi.nlm.nih.gov

12. – https://www.www.nature.com

13. – https://www.www.bccresearch.com

14. – https://www.www.bisresearch.com

15. – https://www.www.biospace.com

FAQs

What is the cell therapy industry?

The cell therapy industry refers to the sector of medical research and treatments that use cells to restore normal function to damaged or dysfunctional tissues and organs. This often includes therapies like stem cell treatments, CAR-T cell therapies, and various regenerative medicine approaches.

What is the current market size of the cell therapy industry?

As per the available data from 2020, the global cell therapy market stood around USD 20 billion. However, it's a rapidly growing field and estimates suggest that it could exceed USD 40 billion by 2027.

What are the primary growth drivers for the cell therapy industry?

Key factors driving growth in the cell therapy industry include breakthroughs in medical technology, increased funding for cell-based research, growing awareness among the public about stem cell therapies, and rise in the prevalence of chronic and genetic diseases globally.

What are some challenges in the cell therapy industry?

Despite its potential, the cell therapy industry faces several challenges. These include high costs of cell therapies, lack of skilled professionals, manufacturing constraints, and complex regulatory approval processes.

What are some of the leading companies in the cell therapy industry?

Some of the prominent players in the global cell therapy market include Novartis AG, Gilead Sciences, Inc., Vericel Corporation, Osiris Therapeutics, Inc., and MEDIPOST, among others.

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

Table of Contents