The global cell therapy technologies market is projected to reach USD 8.0 billion by 2027 from USD 4.0 billion in 2022, at a CAGR of 14.6% during the forecast period. Market growth is driven mainly by increasing research in regenerative medicine along with stem cell research, cancer research, and cell biology research.
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Cell therapy is a type of therapy in which live cells are injected into a patient for the treatment of a number of disorders. It involves the administration of somatic cell preparations for the treatment of diseases or traumatic damages.
This study involved four major activities in estimating the current size of the cell therapy technologies market. Exhaustive secondary research was carried out to collect information on the market, its peer markets, and its parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research.
Key Market Players
Key players in the Market include Thermo Fisher Scientific, Inc. (US), Merck KGaA (Germany), Danaher Corporation (US), Lonza Group (Switzerland), Sartorius AG (Germany), Terumo BCT (US), Becton, Dickinson and Company (US), Fresenius SE Co. KGaA (Germany), Avantor, Inc. (US), Bio-Techne Corporation (US), Corning Incorporated (US), FUJIFILM Irvine Scientific (US), MaxCyte Inc. (US), Werum IT Solutions GmbH (Germany), RoosterBio Inc. (US), SIRION Biotech GmbH (Germany), TrakCel (UK), L7 Informatics, Inc. (US), Miltenyi Biotec GmbH (Germany), STEMCELL Technologies (Canada), GPI Iberia (Spain), MAK-SYSTEM (US), OrganaBio, LLC (US), IxCells Biotechnology (China), and Wilson Wolf Manufacturing Corporation (US).
The Asia Pacific region is the fastest-growing region of the cell therapy technologies market
The Asia Pacific is estimated to be the fastest-growing segment of the market. The growth of the cell therapy technologies market of the region is mostly driven by their low labor and manufacturing costs, which has drawn huge investments by biopharma giants to these countries. The increasing disposable income, growing prevalence of lifestyle and age-related chronic diseases also contribute to the high growth of the regional market.
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This report categorizes the cell therapy technologies market into the following segments and subsegments
By Product
- Media, Sera, and Reagents
- Cell Engineering Products
- Cell Culture Vessels
- Cell Therapy Equipment
- Cell Processing Equipment
- Single-use Equipment
- Other Equipment
- Systems and Software
- Other Products
By Process
- Cell Processing
- Cell Preservation, Distribution, and Handling
- Process Monitoring and Quality Control
By Cell Type
- T-cells
- Stem Cells
- Other Cells
By End User
- Biopharmaceutical and Biotechnology Companies
- CROs and CMOs
- Research Institutes and Cell Banks
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East Africa
Recent Developments
- Thermo Fisher Scientific launched the first T-cell medium designed specifically for allogeneic cell therapy workflows.
- Danaher acquired the Biopharma business from General Electric Company's Life Sciences division. The acquisition has led to the formation of a new business named Cytiva, a standalone operating company within Danaher's Life Sciences segment.
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