The global cell therapy market size was valued at USD 15.7 Billion in 2024, and it is expected to reach USD 60.8 Billion by 2033, exhibiting a growth rate (CAGR) of 14.51% from 2025 to 2033.
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The cell therapy market continues to evolve with substantial advancements driven by research, innovation, and increased accessibility. On the contrary, institutions and companies worldwide are prioritizing investments in R&D activities to develop transformative therapies aimed at addressing critical health issues, including cancer, autoimmune diseases, and chronic infections. A strong trend is evident in the form of collaborative efforts between academia, industry, and medical centers to create solutions that are not only innovative but also cost-effective. For instance, in April 2024, the President of India launched the country's first home-grown CAR-T cell therapy for cancer at IIT Bombay. This breakthrough symbolizes the 'Make in India' and 'Atmanirbhar Bharat' initiatives, developed in collaboration with Tata Memorial Hospital and ImmunoACT. Furthermore, this development represents a significant milestone in making life-saving cancer treatments affordable and accessible, signaling a major shift in the approach to advanced medical care. Also, the global expansion of dedicated research hubs for cell therapy has further amplified this momentum. For instance, in November 2024, MD Anderson Cancer Center inaugurated its Institute for Cell Therapy Discovery & Innovation, backed by over US$80 Million in support. In addition, the institute will extensive clinical and research expertise to develop impactful cell therapies. The institute is set to drive innovative solutions from preclinical studies through clinical trials, creating new treatment opportunities with its mission to address unmet needs in cancer and other diseases. Meanwhile, advancements in cell handling technology are enhancing the infrastructure supporting this growth. In November 2024, iotaSciences launched its single-cell cloning platform XT at the Cell 2024 event in London. This state-of-the-art platform, featuring proprietary fluid-shaping technology and the new SCAI system, automates single-cell isolation and monoclonal culture development. This innovation strengthens the research capabilities essential for the development of personalized and scalable cell and gene therapies by improving efficiency and accuracy, positioning the industry for further growth in addressing complex medical challenges.
The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America dominates the cell therapy market due to its robust research infrastructure, high investment in biotechnology, and supportive regulatory environment.
North America is the dominating region in the cell therapy market, which is driven by advanced healthcare facilities, and renowned research institutions that drive innovation. For instance, in March 2024, the U.S. FDA approved Bristol Myers Squibb’s Breyanzi (liso-cel), the first CAR T cell therapy for adults with relapsed or refractory CLL or SLL, showcasing the region's leadership in cutting-edge treatments. This milestone underscores North America's ability to deliver personalized, high-impact medical solutions that address complex health issues. The presence of significant funding, skilled workforce, and collaborations between industry and academia continues to strengthen the region's position as a leader in cell therapy advancements.
In Europe, the market focuses on regulatory support and innovation in stem cell research. Countries like Germany are leading with advanced R&D activities and collaborations between biotech firms and academic institutions. Also, the region prioritizes therapies for degenerative diseases and cancer, promoting personalized medicine. For instance, the European Medicines Agency's support for the development of CAR-T cell therapies reinforces Europe's commitment to groundbreaking medical solutions.
Asia Pacific sees rapid growth in cell therapy due to increasing government investments and partnerships. Japan, under its regenerative medicine laws, encourages innovative treatments, including CAR-T therapies and stem cell research. Companies like Takeda are at the forefront of developing cell-based treatments. The region’s focus on advancing infrastructure and supportive policies bolsters the cell therapy market significantly.
Latin America is gradually expanding its cell therapy market, driven by emerging research hubs and international collaborations. Brazil leads in stem cell research, with local initiatives pushing for wider clinical applications. Institutes and universities play a key role in developing cost-effective, locally tailored therapies to address specific regional health challenges, boosting both accessibility and market potential in the region.
The Middle East and Africa region is witnessing steady growth in cell therapy, propelled by partnerships with global biotech firms and new medical facilities. The UAE, for instance, invests in cutting-edge healthcare technology and stem cell research to enhance treatment options. These investments support the development and accessibility of innovative cell therapies despite challenges related to infrastructure and funding in some areas.
Some of the leading cell therapy market companies include AlloSource, Anterogen Co. Ltd., Cells for Cells, Holostem Terapie Avanzate S.r.l., JCR Pharmaceuticals, Kolon TissueGene Inc., MEDIPOST, Mesoblast Limited, NuVasive, Stemedica Cell Technologies Inc., Stempeutics Research Pvt. Ltd, and Vericel Corporation., among many others. In July 2023, AlloSource received FDA 510(K) clearance for AceConnex pre-sutured fascia for hip labral reconstruction and augmentation. Moreover, Holostem Terapie Avanzate S.r.l signed a contract for the transfer of the business branch of Holoclar, an autologous stem-cell therapy for the treatment of patients with severe ocular surface burns, with Chiesi Farmaceutici, an international research-focused group (Chiesi Group).
Report Features | Details |
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Market Size in 2024 | USD 15.7 Billion |
Market Forecast in 2033 | USD 60.8 Billion |
Market Growth Rate (2025-2033) | 14.51% |
Units | Billion USD |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
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Cell Types Covered |
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Therapy Types Covered | Autologous, Allogeneic |
Therapeutic Areas Covered | Malignancies, Musculoskeletal Disorders, Autoimmune Disorders, Dermatology, Others |
End Users Covered | Hospitals and Clinics, Academic and Research Institutes |
Regions Covered | Asia Pacific, Europe, North America, Latin America, the Middle East and Africa |
Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered | AlloSource, Anterogen Co. Ltd., Cells for Cells, Holostem Terapie Avanzate S.r.l., JCR Pharmaceuticals, Kolon TissueGene Inc., MEDIPOST, Mesoblast Limited, NuVasive, Stemedica Cell Technologies Inc., Stempeutics Research Pvt. Ltd, Vericel Corporation, etc. |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |