North America Cell Therapy Markets, 2021-2027 - Growing Collaborative Efforts to Promote Cell Therapy & Developments in Cell Therapy Against COVID-19 prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
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According to this report the global cell therapy market is expected to reach US$ 12,563.23 million by 2027 from US$ 7,260.50 million in 2019. It is estimated to grow at a CAGR of 7.2% from 2020-2027. The growth of the market is attributed to increasing prevalence of chronic diseases, rising adoption of regenerative medicines, and surging number of approvals for cell-based therapies. However, the high cost of cell therapy manufacturing hinders the growth of the market.
The cell therapy market, based on therapy type, is bifurcated into allogeneic and autologous. In 2019, the allogeneic segment accounted for a larger share owing to the availability of substantial number of approved products for clinical use. For instance, in 2018, Alofisel developed by TiGenix (Takeda) is the first allogeneic stem cell-based therapy approved for use in Europe.
Search jobs 17-Dec-2020 Global T-Cell Therapy Market Recent Study including Growth Factors 2027 – Top Companies Vericel, Kolon TissueGene Inc., JCR Pharmaceuticals Co. Ltd., MEDIPOST
Databridgemarketresearch.com Present “Global T-Cell Therapy Market – Industry Trends and Forecast to 2027” new report to its research database. This report emphasizes on the detailed understanding of the some decisive factors such as size, share, sales, forecast trends, supply, production, demands, industry and CAGR in order to provide a comprehensive outlook of the global market. The conventional data in the global market report is presented in a graphical form while highlighting the proposed statistics. It also comprises of vendors, suppliers and key players in the global market. The unique data presented in the report are evaluated with an instinctive and scientific way in order to get a better understanding of the global market.