July 18, 2024

Personalized Cell Therapy Market Size, Share, Report By 2033

The global personalized cell therapy market size is expected to increase USD 202.06 billion by 2033 from USD 24.44 billion in 2023 with a CAGR of 23.52% between 2024 and 2033.

Key Points

  • The North America personalized cell therapy market size reached USD 11.98 billion in 2023 and is expected to attain around USD 100.02 billion by 2033, poised to grow at a CAGR of 23.64% between 2024 and 2033.
  • North America dominated the personalized cell therapy market in 2023.
  • Asia Pacific is expected to host the fastest-growing market during the projected period.
  • By technique, the platelet transfusions segment dominated the market in 2023.
  • By technique, the bone marrow transplantation segment is expected to grow at the highest CAGR in the market during the forecast period.
  • By therapeutic area, the cardiovascular diseases segment led the market in 2023.
  • By therapeutic area, the neurological disorders segment is expected to grow at a significant rate during the forecast period.

Personalized Cell Therapy Market Size 2024 to 2033

The Personalized Cell Therapy Market revolves around tailoring cell-based treatments to individual patients based on their genetic makeup and medical history. This approach aims to improve treatment efficacy and minimize adverse effects compared to traditional therapies. This market has seen rapid growth due to advancements in biotechnology, increasing prevalence of chronic diseases, and the shift towards precision medicine. These factors have collectively spurred the development and adoption of personalized cell therapies across global healthcare systems.

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Growth Factors

Several key factors drive the growth of the Personalized Cell Therapy Market. Technological advancements in gene editing, cell culture techniques, and biomaterials have significantly enhanced the development and delivery of personalized therapies. Moreover, the rising prevalence of chronic diseases such as cancer and autoimmune disorders has increased the demand for treatments that offer higher efficacy and fewer side effects. Regulatory support and growing investments in research and development have also accelerated market growth, fostering an environment conducive to innovation in personalized medicine.

Region Insights:

Geographically, the market for personalized cell therapy is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America leads the market, driven by its robust research infrastructure, favorable reimbursement policies, and early adoption of innovative therapies. Europe follows closely, benefiting from a supportive regulatory environment and increasing collaborations between research institutions and biopharmaceutical companies. In Asia Pacific, rapid market expansion is fueled by improving healthcare infrastructure, rising healthcare expenditure, and growing awareness about personalized treatments. Latin America and the Middle East & Africa represent emerging markets with substantial growth potential, supported by increasing healthcare investments and adoption of advanced medical technologies.

Personalized Cell Therapy Market Scope

Report CoverageDetails
Market Size by 2033USD 202.06 Billion
Market Size in 2023USD 24.44 Billion
Market Size in 2024USD 30.19 Billion
Market Growth Rate from 2024 to 2033CAGR of 23.52%
Largest MarketNorth America
Base Year2023
Forecast Period2024 to 2033
Segments CoveredTechnique, Therapeutic Area, and Regions
Regions CoveredNorth America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

 

Personalized Cell Therapy Market Dynamics

Drivers of Growth

Key drivers influencing the growth of the Personalized Cell Therapy Market include the rising demand for targeted therapies that offer improved treatment outcomes and reduced side effects. Technological advancements in cell biology, genomics, and biotechnology continue to expand the possibilities for personalized treatment options. Collaborations between pharmaceutical companies, research institutions, and healthcare providers are fostering innovation and accelerating the development of new therapies. Moreover, the shift towards patient-centric healthcare models, where treatments are customized to individual patient needs, is further driving market expansion.

Opportunities:

The market presents several growth opportunities, including expansion into treating rare diseases where personalized therapies can address unmet medical needs effectively. There is also potential in developing next-generation therapies using novel cell types, advanced engineering techniques, and innovative delivery methods. Emerging markets offer opportunities for market penetration, given increasing healthcare expenditure and rising patient awareness about the benefits of personalized medicine.

Challenges:

Despite its promising growth trajectory, the Personalized Cell Therapy Market faces challenges. High development and manufacturing costs pose barriers to accessibility for patients, especially in resource-limited settings. Navigating complex regulatory landscapes across different regions can delay market entry and increase development costs. Technical challenges related to scalability, reproducibility, and ensuring long-term safety of personalized therapies also require significant scientific advancements. Ethical considerations surrounding genetic manipulation, informed consent, and patient privacy in personalized medicine further impact market acceptance and adoption.

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Personalized Cell Therapy Market Companies

  • AbbVie Inc.
  • Bausch Health Companies Inc.
  • Teva Pharmaceutical Industries Ltd.
  • Cipla Inc.
  • Lupin
  • Sun Pharmaceuticals Industries Ltd.
  • Hikma Pharmaceuticals PLC
  • AstraZeneca
  • GSK Plc.
  • Pfizer Inc.
  • Amneal Pharmaceuticals LLC.
  • Alvogen
  • F. Hoffmann-La Roche Ltd
  • Amgen Inc.
  • Jazz Pharmaceuticals, Inc.
  • Amicus Therapeutics, Inc
  • MeiraGTx Limited
  • Rocket Pharmaceuticals, Inc.
  • Gilead Sciences, Inc.

Recent Developments

  • In October 2023, Aurion Biotech declared that the first patient in its phase 1/2 trial of AURN001, an experimental cell therapy intended to treat corneal edema resulting from corneal endothelial dysfunction, has received a dose. A press statement from the firm states that AURN001 is a blend of Y-27632, a Rho kinase inhibitor, and neltependocel, which are allogenic human corneal endothelial cells.
  • In June 2023, Vertex Pharmaceuticals Incorporated and Lonza announced a strategic partnership aimed at facilitating the production of Vertex’s range of fully differentiated insulin-producing islet cell therapies for individuals with type 1 diabetes. The current focus of this collaboration is on the VX-264 and VX-880 programs, which are presently undergoing clinical trials.
  • In May 2023, Janssen Biotech, Inc., one of the Janssen Pharmaceutical Companies of Johnson & Johnson, announced that it has entered into a worldwide collaboration and license agreement with Cellular Biomedicine Group Inc. (CBMG) to develop, manufacture, and commercialize next-generation chimeric antigen receptor (CAR) T-cell therapies for the treatment of B-cell malignancies.
  • In March 2023, Adaptimmune Therapeutics plc and TCR² Therapeutics Inc. announced entry into a definitive agreement under which Adaptimmune will combine with TCR² in an all-stock transaction to create a preeminent cell therapy company focused on treating solid tumors. The combination provides extensive benefits for clinical development and product delivery supported by complementary technology platforms.

Segment Covered in the Report

By Technique

  • Platelet Transfusions
  • Bone Marrow Transplantation
  • Packed Red Cell Transfusions
  • Organ Transplantation

By Therapeutic Area

  • Cardiovascular Diseases
  • Neurological Disorders
  • Inflammatory Diseases
  • Diabetes
  • Cancer

By Regional Outlook

  • North America: US, and Rest of North America
  • Europe: UK, Germany, France, and Rest of Europe
  • Asia Pacific: China, Japan, India, and Rest of Asia Pacific
  • Latin America: Brazil, and Rest of Latin America
  • Middle East & Africa (MEA): GCC, North Africa, South Africa, and Rest of the Middle East & Africa

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