CHICAGO , June 7, 2024 /PRNewswire/ -- The autologous stem cell and non-stem cell therapies market is set to grow significantly, with estimates suggesting a rise to $22.2 billion by 2029 from $5.5 billion in 2024, indicating a CAGR of 32.
3%. This growth is fueled by regulatory approvals for innovative therapies like autologous CAR T-cell and Tumor Infiltrating Lymphocyte (TIL) therapies, along with increased investments in research and development. Key players such as Gilead Sciences, Bristol-Myers Squibb, Johnson & Johnson, Novartis, JW Therapeutics, and Iovance Biotherapeutics are leading the charge, addressing the rising demand for effective cancer treatments.
Hospitals and clinics play a crucial role in facilitating efficient cell collection and treatment delivery. The North American region is expected to see the highest growth, driven by research investments, healthcare infrastructure improvements, and the adoption of autologous stem cell and non-stem cell-based therapies for cancer and chronic diseases. Overall, the market shows promising prospects driven by technological advancements and a focus on personalized treatment.
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