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Wednesday, October 18, 2023

Global GMP Cell Therapy Consumables Market is anticipated to grow at a CAGR of 28.1% during 2024 to 2030

The future of the global GMP cell therapy consumables market looks promising with opportunities in the clinical, commercial, and research markets. The global GMP cell therapy consumables market is expected to reach an estimated $63.4 billion by 2030 with a CAGR of 28.1% from 2024 to 2030. The major drivers for this market are increasing demand for cell therapy, increasing demand for regenerative medicines, and rise in demand for personalized medicine.

Some of the key questions answered in this exclusive report are:

Q.1. What are some of the most promising, high-growth opportunities for the GMP cell therapy consumables market by type (kits, reagents/molecular biology reagents, growth factors/cytokines and interleukins, and others), cell therapy (NK cell therapy, stem cell therapy, t-cell therapy, and others), process (sorting & separation, cell culture & preparation, cryopreservation, cell processing & formulation, cell isolation & activation, cell distribution, process monitoring & control, and others), end use (clinical, commercial, research, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3.  Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6.  What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Market Segmentation:

In this market, NK cell therapy, stem cell therapy, and t-cell therapy are the major segments of GMP cell therapy consumables market by cell therapy. Lucintel forecasts that stem cell therapy is expected to witness highest growth over the forecast period because it has a potential to treat different diseases, including cancer, neurodegenerative diseases, and cardiovascular diseases.

Within this market, clinical will remain the largest segment due to increasing number of cell therapy clinical trials underway globally.

North America is expected to witness highest growth over the forecast period due to high demand for cell therapy, strong government support for cell therapy research and development, and presence of a large number of cell therapy companies.

Sartorius, Thermo Fisher Scientific, Miltenyi Biotec Bv, Bio-Techne, Corning, Fujifilm Irvine Scientific, and Lonza are the major suppliers in the GMP cell therapy consumables market.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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