Cell Therapy Market

Cell Therapy Market 2022 Analysis of Key Trends, Industry Dynamics and Future Growth 2028 with Top Countries Data.

Cell therapy market is increasingly being used to treat various chronic diseases such as cancer, diabetes, Alzheimer’s disease, dementia, and schizophrenia, as well as stroke, spinal cord injuries, multiple sclerosis, muscular dystrophy, and infectious diseases. Regenerative medicine is the process of replacement or regeneration of human cells and tissues and uses therapeutic stem cells for tissue engineering and development of artificial organs.

Cell therapy, or cellular therapy, refers to a therapy that involves the grafting or transplantation of viable cells into a patient for bringing a particular medicinal effect. For instance, T-cells that are capable of fighting cancer cells are transplanted into a patient’s body in order to replace or regenerate diseased tissues. Cellular therapy is generally classified into allogeneic cell therapy and autologous cell therapy. In the autologous cell therapy, cells obtained from the patient’s own tissues are transplanted into their body; while, on the other hand, cells derived from a donor are grafted into the recipient’s body in allogeneic cell therapy. Continuous advancements in cellular therapy have resulted in the use of different types of stem cells, such as mesenchymal stem cells, hematopoietic stem cells, skeletal muscle stem cells, dendritic cells, and lymphocytes, in treatment of a wide range of diseases.

Cell Therapy Market size was USD 6.11 billion in 2020 and is expected to reach USD 9.24 billion in 2028 and register a revenue CAGR of 5.6% during the forecast period, 2021-2028

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Key players in the global Cell Therapy market covered:

NuVasive, Inc.
AlloSource
Cellular Biomedicine Group
Athersys
RTI Surgical Holdings, Inc.

On the basis of Types:

Allogenic Therapies
Autologous Therapies

On the basis of Applications:

Malignancies
Muscoskeletal Disorders
Autoimmune Disorders
Dermatology
Others

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Cell therapy is a technology that relies on replacing diseased or dysfunctional cells with healthy functioning ones. Cells mainly used for such advanced therapies are stem cells, owing to their ability to differentiate into specific cells required for repairing damaged or defective tissues or cells.

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