Global Cell Therapy Technologies Market Trends And Strategies Of Major Players In The Cell Therapy Technologies Market 2021-2030
9 Jun, 2021
The cell therapy technologies market consists of sales of cell therapy technologies that are medicinal solutions used for developing and improving cell therapy, such as cell processing, cell banking, and point-of-care technologies. Cell therapy is a type of treatment used to inject active cells into the body of a patient for treating some disorders. This therapy seeks to treat diseases by altering certain sets of cells. In this technique, cells, which originate from the patient or a donor are modified outside the body and then injected into the patient.
Global Cell Therapy Technologies Market Size And Drivers:
The global cell therapy technologies market is expected to grow from $2.36 billion in 2020 to $2.96 billion in 2021 at a compound annual growth rate (CAGR) of 25.4%. The growth is mainly due to an increase in investments in cell therapies and the growth in research and development for cell therapy. The cell therapy technologies market is expected to reach $5.57 billion in 2025 at a CAGR of 17.1%. Increasing investments by the government in cell-based research contributed to the growth of the global cell therapy technologies market.
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Trends In The Global Cell Therapy Technologies Market
Strategic collaborations and partnerships between the industry players are gaining popularity in the cell therapy technologies market. Major companies are collaborating and partnering with other companies to developing new technologies in cell therapy areas for the treatment of a variety of diseases. For instance, in August 2020, IsoPlexis Corporation, USA-based collaborated with Lonza, a Switzerland-based chemicals and biotechnology company to enable the next generation of precision cell therapy manufacturing
Global Cell Therapy Technologies Market Segments:
The global cell therapy technologies market is further segmented based on product, cell type, process, end user and geography.
By Product: Consumables, Equipment, Systems & Software
By Cell Type: T-Cells, Stem Cells, Other Cells
By Process: Cell Processing, Cell Preservation, Distribution And Handling, Process Monitoring And Quality Control
By End-User: Life Science Companies, Research Institutes
By Geography: The global cell therapy technologies market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the cell therapy technologies market in 2020.
Read More On The Report For The Global Cell Therapy Technologies Market At:https://www.thebusinessresearchcompany.com/report/cell-therapy-technologies-global-market-report
Cell Therapy Technologies Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides cell therapy technologies market overviews, analyzes and forecasts market size and growth for the global cell therapy technologies market, cell therapy technologies market share, cell therapy technologies market players, cell therapy technologies market segments and geographies, cell therapy technologies market’s leading competitors’ revenues, profiles and market shares. The cell therapy technologies market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches