Hematopoietic Stem Cell Transplantation Market Analysis, Research, Review, Applications and Forecast to 2033
A recently published study by FMI expects the global Hematopoietic Stem Cell Transplantation Market to augment at an 8% CAGR from 2023 to 2033. By the end of the said assessment period, a valuation of US$ 15 Billion is expected for the market.
The hematopoietic stem cell transplantation market has grown fast in recent years and is expected to develop substantially over the projected period. According to the GLOBOCAN 2018 report, the global incidence of leukemia in 2018 was predicted to be 437,033 new cases and about 309,006 deaths.
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According to the World Health
Organization (WHO), more than 2000 cord blood hematopoietic stem cell
transplants are performed each year (WHO). Hematopoietic stem cells can be
found in bone marrow and blood (HSCs). They are also known as hematopoietic
progenitor cells (HPCs). Platelets, white blood cells, and red blood cells,
among other blood types, can be produced by hematopoietic stem cells. In the
treatment of malignant (such as lymphoma and leukaemia) and non-malignant (such
as bone marrow failure and hemoglobinopathies), these cells are used to rebuild
or replace a patient's hematopoietic system.
Another important element impacting
the growth rate of the hematopoietic stem cell transplantation market is
growing healthcare spending, which aids in infrastructure improvement.
Numerous government organisations intend to improve healthcare
infrastructure by boosting financing, which would have an impact on market
dynamics. Because of the increased success rate of transplants and growing healthcare
spending in this area, North America leads the hematopoietic stem cell
transplantation market. The presence of significant important players would
accelerate the industry's growth rate in this area.
Key Takeaways from the Market Study
- FMI projects the global hematopoietic stem cell
transplantation market to expand at an 8% value CAGR by 2032
- The global hematopoietic stem cell transplantation
market is estimated at a market value of US$ 7 Billion
- The global hematopoietic stem cell transplantation
market is expected to garner a market value of US$ 15 Billion
- North America is expected to grow at a CAGR of 7.9% in
the assessment period 2023-2033.
- Europe is expected to grow at a CAGR of 7.6% in the
assessment period 2023-2033.
- Asia Pacific is expected to grow at a CAGR of 7.5% in
the assessment period 2023-2033.
- The bone marrow segment is expected to hold the largest
market share for hematopoietic stem cell transplantation in the forecast
period 2023-2033
“The market's expansion is being
propelled by an increase in the number of R&D activities. This will create
advantageous chances for the expansion of the hematopoietic stem cell
transplantation market. Additionally, growing medication approvals and launches
will accelerate the market's growth pace,” says an analyst at FMI.
Market Competition
Key players in the bone marrow transplantation are Key players in
the hematopoietic stem cell transplantation market are Pluristem Therapeutics
Inc., CellGenix GmbH, Regen Biopharma Inc., Lonza Group, Sanofi, Taiga
Biotechnologies, Inc., Takeda Pharmaceutical Company Limited, Escape
Therapeutics, Inc., Bluebird Bio and Talaris Therapeutics.
Recent Developments:
- In December 2022, despite missing the primary
endpoint, Takeda's Phase 3 AURORA study shows that maribavir has a
clinically meaningful and long-lasting effect on Cytomegalovirus (CMV)
infection in hematopoietic stem cell transplant patients.
- In November 2022, Lonza, a trusted partner in the
pharmaceutical, biotech, and nutraceutical industries, has introduced an
innovative new capsule solution for enteric drug administration. The
Capsugel® EnprotectTM capsule does not dissolve in the stomach and
releases its contents only in the intestine. By eliminating the need for
extra capsule coating or sealing, Capsugel® EnprotectTM
capsules greatly simplify the medicinal product production process.
Key Segments Profiled in the
Hematopoietic Stem Cell Transplantation Market Industry Survey
By Transplant Type:
- Allogeneic
- Autologous
By Indication:
- Acute Myeloid Leukemia
- Acute Lymphoblastic Leukemia
- Hodgkin Lymphoma
- Non-Hodgkin Lymphoma
- Multiple Myeloma
- Other Non-Malignant Disorders
By Application:
- Bone Marrow Transplant
- Peripheral Blood Stem Cells Transplant
- Cord Blood Transplant
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