Cell Therapy Solutions Market Revenue Growth, New Launches, Regional Share Analysis & Forecast Till 2027


The global cell therapy laboratory equipment market is projected to reach USD 34.90 billion by 2027 from USD 11.90 billion in 2020, growing at a CAGR of 14.7% during the forecast period.

The global Cell Therapy Solutions market is forecast to reach USD 34.90 Billion by 2027, according to a new report by Reports and Data. A handful of factors which are primarily affecting the growth of the market includes rising government investments for cell-based research, steep rising curve in the number of GMP-certified production facilities. Over the years, a significant increase in the number of oncology-oriented cell-based therapy clinical trials are also driving the growth of this market.

According to our experts, the consumables segment is expected to account for the majority share of the market over the years to come. The main reason for the aforesaid information is attributed to the high demand for consumables (such as growth factors and media) in cell-based experiments and cancer research, which is in a way accelerating the number of new product launches. Moreover, consumables are required at every step of cell processing which is further expected to drive their adoption in the market.

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The pharma and healthcare industry is expected to observe significant growth over the coming years attributed to the increasing incidence of chronic diseases across the globe, growing geriatric patient pool, availability of advanced and minimally invasive surgical and diagnostics procedures, favorable reimbursement scenario, and presence of a robust product pipeline of drugs and therapeutics. In addition, the growing integration of IoT, ML, and AI in medical procedures and equipment along with rapid progress in drug design and development. A combination of innovation and technology has brought about massive changes in the healthcare industry and the rapid adoption of telemedicine, remote consultation, and e-prescription has significantly contributed to the revenue growth of the market.

Further key findings from the report suggest:

  • It has been found that in a case study of a chimeric antigen receptor (CAR) T-cell therapy, the importance of implementation of a Werum manufacturing execution system (MES) shortened batch-release times from 30 hours to four mainly by reducing the number of manual entries from over a thousand to less than 200. This when incorporated on a massive scale can likely spearhead the growth of the market.
  • There are a number of factors that drive investment in biotechnology: an aging population, an associated increase in life expectancy, as well as rising numbers of chronic disease; commercial opportunities in orphan-disease development; and improvements in clinical-trial design helping more product candidates make it to market than in the past. This is turn going to positively affect the Cell Therapy Solutions market. The major brands are undergoing collaborations, mergers, and acquisitions which are providing greater access to capital than ever before.
  • On the manufacturing side, the platform processes for chemistry, manufacturing, and controls (CMC) methods and formulations can accelerate development. The process intensification for viral vectors and automation in cell processing and analytics is likely to reduce overall cost of goods sold (CoGS).
  • According to our experts, when working with closed-system cell therapy manufacturing for phase 1 clinical trials, it gives an academic perspective that provided practical suggestions for academic researchers setting up relationships with contract manufacturing organizations (CMOs). It is likely to emphasize identifying knowledge gaps, potential risks, and differences in priorities between such organizations, thereby establishing an operational infrastructure that can serve to bridge the quality systems approaches. This indirectly impacts the growth of the market positively.

  Research Methodology:

Reports and Data utilizes a unique approach to research to offer a comprehensive overview of the global Cell Therapy Solutions Market to offer insights into investment opportunities for stakeholders, investors, clients, and businesses to make informed decisions. The report includes SWOT analysis, Porter’s Five Forces analysis, feasibility analysis, and investment return analysis to offer a better understanding of the market scenario.

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Asia Pacific is expected to lead the market growth over the coming years owing to rapid advancements in the healthcare sector in APAC countries such as India, China, and Japan. North America is anticipated to register the highest market growth over the forecast period attributed to the increasing availability of robust healthcare and clinical settings, legalization of medical marijuana, favorable reimbursement scenario, presence of key market players, and rapid technological advancements in the region.

The growing popularity of over-the-counter medications driving market growth

Growing incidence of acute and chronic diseases and lesser access to advanced medical facilities owing to low disposable income levels are driving the demand for over-the-counter medications. Availability of generic and low-cost alternatives to medical therapies are some other factors playing a major role in driving demand for over-the-counter medications.

Restriction on product launches and RD activities to hamper the market growth

The imposition of strict government regulations and shortage of funds has put a halt on product launches and RD activities and is expected to restrain market growth over the forecast period. In addition, the launch of expensive drugs and therapies and increasing regulations regarding safety and approvals are also hampering the market growth.

  Competitive Landscape:

The global market comprises various market players operating at regional and global levels. These key players are adopting various strategies such as RD investments, license agreements, partnerships, mergers and acquisitions, collaborations, and joint ventures to gain a robust footing in the market.

Top Companies Profiled in the Report: Beckman Coulter Inc. (US), Becton, Dickinson and Company (US), GE Healthcare (US), Lonza (Switzerland), Merck KGaA (Germany), Miltenyi Biotec (Germany), STEMCELL Technologies, Inc. (Canada), Terumo BCT Inc. (US), and Thermo Fisher Scientific, Inc. (US)

  Cell Therapy Solutions Market Segmentation:

Product Outlook (Revenue, USD Billion; 2017-2027)

  • Consumables
  • Equipment
  • Systems and Software

Application Outlook (Revenue, USD Billion; 2017-2027)

  • Cell Processing
  • Cell Preservation, Distribution and Handling
  • Process Monitoring and Quality Control

Cell Type Outlook (Revenue, USD Billion; 2017-2027)

  • Human Cells
  • Animal Cells

End User Outlook (Revenue, USD Billion; 2017-2027)

  • Life Science Research Companies
  • Research Institutes

Regional Outlook:

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
  • Latin America (Brazil, Rest of LATAM)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of the Middle East Africa)

  Frequently asked questions addressed in the report:

  • What is the revenue growth rate of the global Cell Therapy Solutions market over the forecast period?
  • What are the major factors driving the growth of the Global Cell Therapy Solutions Market?
  • What are the key challenges impacting the global Cell Therapy Solutions market growth?
  • What are the outcomes of the SWOT Analysis and Porter’s Five Forces Analysis conducted in the report?

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Thank you for reading our report. For more details please connect with us and our team will ensure the report is customized to meet all the needs of clients. The report also offers a comprehensive regional analysis and specific countries can be included in the report according to the requirements.

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