Promising Factors Driving Cell Therapy Demand
Cell and gene therapies are at the forefront of medical innovation, offering potential treatments for severe and previously incurable diseases. The rise in the use of cell therapy products for conditions like burns, diabetic foot ulcers, and chronic wounds, as well as the prevalence of chronic diseases, is fueling the demand for cellular treatments. Additionally, the development of curative gene therapies like LUXTURNA and CAR T-cell treatments is pushing the boundaries of what’s possible in medicine.
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Large-Scale Production and Regional Opportunities
To meet the growing demand, large-scale production of cell therapies is becoming crucial. The market is expanding with over 900 companies dedicated to the research and manufacturing of cell-based medicinal products. North America leads the way with strong government support, high awareness of rare disorders, and significant investments in research and development. Meanwhile, the UK and Japan are also projected to witness substantial market growth.
Focus on Research and Autologous Therapies
The research-use segment of cell therapy is showing impressive growth, with stem cell-based therapies leading the way. Autologous therapies, where a patient’s own cells are used, are dominating the market. These therapies find applications in a wide range of medical fields, from aesthetics to treating burns and scars.