About Bone Marrow Transplantation
Increasing R&D in stem cell therapy and rising patient survival rates after bone marrow transplantation providing lucrative opportunities to the market players. Bone marrow transplantation refers to the procedure performed to replace bone marrow that has been damaged or destroyed by various reasons such as disease, chemotherapy, or infection. This procedure involves transplanting blood stem cells that produce new blood cells and promote the growth of new marrow. Bone marrow transplantation is a treatment for an increasingly wide range of hematologic, neoplastic, and immunologic diseases.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Ongoing awareness of developments in medical technologies is integral to understanding and utilizing the best options available. Development in the field of Bone Marrow Transplantation increases the opportunities for key players. Both mechanical and biological (stem cell) organ replacement therapies may change the profile of the transplant. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Bone Marrow Transplantation market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
AllCells LLC. (United States), FUJIFILM Cellular Dynamics, Inc. (United States), Gamida-Cell Ltd. (Israel), Hemacare Corporation (United States), Lonza Group AG (Switzerland), Merck Millipore Corporation (United States), Mesoblast Ltd. (Australia), PromoCell GmbH (Germany) and STEMCELL Technologies Inc (Canada) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Bone Marrow Transplantation market by Type (Allogeneic Bone Marrow Transplant and Autologous Bone Marrow Transplant) and Region.
On the basis of geography, the market of Bone Marrow Transplantation has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Indication, the sub-segment i.e. Leukemia will boost the Bone Marrow Transplantation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Hospitals will boost the Bone Marrow Transplantation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technology Advancement and Innovation In Medical Sector and Increasing Adoption of Half-matched Transplant Option
Market Growth Drivers:
Increasing Prevalence of Blood Cancer and other Blood-related Diseases and Rising Awareness Coupled with a Rise in Promotional Campaigns Run by Healthcare Practitioners
Challenges:
Lack of Awareness in Some Regions
Restraints:
High Cost of Transplantation and Lack of Reimbursement Policies
Opportunities:
Increasing R&D in Stem Cell Therapy and Rising Patient Survival Rates after Bone Marrow Transplantation
Market Leaders and their expansionary development strategies
On July 5, 2023, Vericel Corporation was Acquired by Magenta Therapeutics: This acquisition strengthens Magenta's portfolio in cellular therapies for blood cancers, incorporating Vericel's bone marrow processing and cryopreservation expertise.
On November 16, 2023, Miltenyi Biotec launched CliniMACS Prodigy® for Automated CD34+ Cell Selection. This innovative platform streamlines the isolation of hematopoietic stem cells for bone marrow transplantation, improving efficiency and potentially boosting clinical outcomes.
Key Target Audience
Pharmaceutical Companies, Research and Development (R&D) Companies, Independent Research Laboratories, Market Research and Consulting Service Providers, Medical Research Laboratories, Academic Medical Institutes and Universities and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.