The Cell Therapy Bioprocessing Market is all set to witness staggering growth in the upcoming period. With technological advancements under its belt, the healthcare vertical is witnessing hi-tech demands. In other words, the healthcare personnel is expected to be abreast with the operations of high-tech devices like handheld computers, smart infusion pumps, and so on. Also, utmost care needs to be taken concerning scanning right the very first time along with vibration alert to not disturb the sleeping patients.
The Cell Therapy Bioprocessing Market report by Persistence Market Research goes by the changing trend of consumerism all across the healthcare vertical. “Going cashless” is amongst the “new” normals. Inorganic growth has also picked up. Key participants of the healthcare value chain – both – private and public – have joined hands for competing in the ever-demanding landscape.
Cell therapy bioprocessing is a discipline that bridges the fields of cell therapy and bioprocessing (i.e., biopharmaceutical manufacturing), and is a sub-field of bioprocess engineering. Cell therapy has become one of the fastest-growing segments in the life sciences. It involves the delivery of whole, living cells to a patient for the treatment of disease.
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Disease like cardiovascular, oncology, have according to American Cancer association Estimated numbers of new cancer cases and deaths in 2020 (In 2020, there will be an estimated 1.8 million new cancer cases diagnosed and 606,520 cancer deaths in the United States.) This drive the great opportunities for cell therapy market.
The development of precision medicine and advancements in Advanced Therapies Medicinal Products (ATMPS) in context to their efficiency and manufacturing are expected to be the major drivers for the market. In addition, automation in adult stem cell and cord blood processing and storage are the key technological advancements that have supported the growth of the market for cell therapy.
There are very few CMOs yet involved, and their cellular therapy bioprocessing capacity and expertise are limited. A large number of new process lines and facilities will increasingly be needed. There is reliance on the use of hoods and cleanrooms, rather than closed systems, to assure prevention of microbial and other contamination. But, importantly, regulatory expectations will eventually require full(er) GMP compliance.
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A reason for the current slow innovation cycle is that the market for cellular therapy bioprocessing is limited and is still mostly at research, and some clinical, scales. Thus, the return on investment in the development of new technologies is not quite there yet. And many innovative suppliers are in a holding pattern until they determine which technologies will prevail and which direction cell therapy bioprocessing will take in the near term.
Market Segmentation:
Based on product type, the Cell Therapy Bioprocessing market has been segmented as:
- Technology
- Bioreactor
- Controlflow centrifugation
- Ultrasonic Lysis
- Lyophilization
- Electrodspinning
- Viral Vector Technology
- Cell Immortalization Technology
- Genome Editing Technology
- Cell Type
- Immune cell
- Steam Cell
- Human embryonic stem cells
- Pluripotent stem cells stem cell
- Hematopoetic stem cells
Based on Indication, the Cell Therapy Bioprocessing market has been segmented as:
- Cardiovascular Disease (CVD)
- Oncology
- Wound Healing
- Orthopedic
- Others
Based on end user, the Cell Therapy Bioprocessing market has been segmented as:
- Hospitals
- Clinics
- Dignostic centers
- Regenerative Medicine Centers
- Acedamic and Research Institute
Based on the region, the Cell Therapy Bioprocessing market has been segmented as:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East & Africa
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Key players such as:
- Fresenius Medical Care AG & Co. KGAA
- Omnica Corporation
- Medtronic
- Baxter International Inc
- Braun
- Nikkiso Co., Ltd
- Asahi Kasei Medical Co., Ltd.
- Infomed SA
- Bellco S.R.L
Key players in the market are focused on increasing their product features and portfolio to strengthen their position in the market. Key players are expanding their manufacturing facilities to serve the increasing demand for Cell Therapy Bioprocessing.
Some key companies operating in this market for cell therapy are:
- Miltenyi Biotec
- Bayer, Fibrocell Science Inc.
- CO.,LTD
- Thermo Fisher Scientific
- Merck Group
- Becton
- Dickinson and Company
- Bio-Rad Laboratories
- Takara Bio Group
- STEMCELL Technologies
- Pharmicell
- Osiris Therapeutics
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