A Deep Dive into the Allogeneic Cell Therapy Market: Insights and Analysis
The global allogeneic cell therapy market size is expected to reach USD 1.72 billion by 2030, expanding at 27.40% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc.Allogeneic cell therapy involves transferring cells from healthy donors to patients to treat chronic diseases such as cancer and cardiovascular diseases. The donor cells can be directly administered to genetically similar patients or added to a cell bank.
The therapies are typically produced in large batches from different donor tissues like bone marrow, and the manufacturing process is similar to that used for protein drugs and other large-scale derived materials. Allogeneic cell therapies offer several benefits over autologous therapies, including being less expensive and their availability as a scalable off-the-shelf product. As a result, the adoption of such therapies is increasing with several biotechnology companies conducting clinical trials treatment of various diseases.
There has been a significant increase in the number of allogeneic cell-based therapy clinical trials in recent years. According to the US National Institutes of Health, the number of mesenchymal stem cell (MSC) based clinical trials using cellular therapy has doubled over the last five years, with 1014 MSC-based clinical trials registered in the government database as either completed or in the process as of July 14th, 2021. This growth in clinical trials, combined with advancements in precision medicine and increased cell therapy production facilities is expected to drive market growth in the coming years.
The rising number of regulatory approvals for allogeneic cell-based therapies is expected to boost market growth over the forecast period. For instance, in October 2021, Enzyvant was granted FDA approval for its RETHYMIC, a single-dose regenerative tissue-based therapy for immunological reconstitution in pediatric patients with congenital athymia.
Gather more insights about the market drivers, restrains and growth of the Allogeneic Cell Therapy Market
Allogeneic Cell Therapy Market Report Highlights
• The stem cell therapies segment held the largest share of 77.00% in 2022. Allogeneic stem cell therapy is most frequently used to treat chronic diseases like blood cancers, leukemia, and lymphoma as well as specialized blood or autoimmune disorders
• By therapeutic area, the hematological disorders segments accounted for the largest share of 58.22% in the global allogeneic cell therapy industry in 2022. Since leading market players are implementing several strategic plans into action to create cutting-edge allogeneic cell therapies for hematological disease treatment
• North America held the largest market share of 80.42% in 2022. This can be attributed to the presence of the major global players in the market, and growing investments from public and private organizations for proteomic and life science research in the region
Allogeneic Cell Therapy Market Segmentation
Grand View Research has segmented the global allogeneic cell therapy market based on therapy type, therapeutic area, and region:
Allogeneic Cell Therapy Type Outlook (Revenue, USD Million, 2018 - 2030)
• Stem Cell Therapies
o Hematopoietic Stem Cell Therapies
o Mesenchymal Stem Cell Therapies
• Non-stem Cell Therapies
o Keratinocytes & Fibroblast-based Therapies
o Others
Allogeneic Cell Therapy Therapeutic Area Outlook (Revenue, USD Million, 2018 - 2030)
• Hematological Disorders
• Dermatological Disorders
• Others
Allogeneic Cell Therapy Regional Outlook (Revenue, USD Million, 2018 - 2030)
• North America
o U.S.
o Canada
• Europe
o U.K.
o Germany
o Switzerland
• Asia Pacific
o Japan
o India
o South Korea
• Rest of the World
List of Key Players in the Allogeneic Cell Therapy Market
• SSM Cardinal Glennon Children's Medical Center
• Cleveland Cord Blood Center
• Duke University School of Medicine
• New York Blood Center
• Clinimmune Labs, University of Colorado Cord Blood Bank
• MD Anderson Cord Blood Bank
• LifeSouth Community Blood Centers, Inc.
• Bloodworks Northwest
• JCR Pharmaceuticals Co., Ltd.
• Sumitomo Pharma Co., Ltd.
• Atara Biotherapeutics
• Mallinckrodt Pharmaceuticals
• Tego Science Inc
• Takeda Pharmaceutical Company Limited
• STEMPEUTICS RESEARCH PVT LTD
• Biosolution Co., Ltd.
• MEDIPOST Co., Ltd.
Order a free sample PDF of the Allogeneic Cell Therapy Market Intelligence Study, published by Grand View Research.
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