Industry Background:
Despite the increasing availability of smart antineoplastic therapies in recent years, Hematopoietic stem cell transplantation (HSCT) remains an optimal treatment modality for many hematologic malignancies. HSCT is one of a range of therapeutic options which is available to patients suffering from various diseases. It is a widely accepted treatment for many life-threatening diseases. The treatment is available to patients who suffer from refractory or relapsing neoplastic disease and non-neoplastic genetic disorders, as well as from chronic bone marrow failure. Hematopoietic stem cells are young or immature blood cells which are found to be living in bone marrow. These blood cells when matures in bone marrow very few enters into bloodstream. These cells that enter bloodstream are called as peripheral blood stems cells. Hematopoietic stem cells transplantation is the replacement of absent, diseased or damaged hematopoietic stem cells due to chemotherapy or radiation, with healthy hematopoietic stem cells.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Gilead Sciences Inc. (United States), Thermo Fisher Scientific (United States), PromoCell (Germany), CellGenix Technologie Transfer GmbH (Germany), Cesca Therapeutics Inc.(United States), R&D Systems (United States), Genlantis (United States), Lonza Group Ltd.(Switzerland), TiGenix N.V.(Belgium), ScienCell Research Laboratories (United States), Regen Biopharma Inc. (United States), China Cord Blood Corp (Hong Kong) and CBR Systems Inc. (United States) |
According to AMA, the market for Hematopoietic Stem Cell Transplantation is expected to register a CAGR of 11.7% during the forecast period to 2030. This growth is primarily driven by Increasing prevalence of lymphoproliferative disorders like leukemia are expected to assist HSCs transplantation as survival rates in leukemia patient, Rising disposable income and demand for better treatment options, Rising awareness about healthcare infrastructure and Alternative treatment for relief from chemotherapy, radiotherapy and immune sensitive malignancy..
Globally, a noticeable market trend is evident Rising government support by providing a favorable environment for research laboratories
The Life Sciences Tools & Services sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Gilead Sciences Inc. (United States), Thermo Fisher Scientific (United States), PromoCell (Germany), CellGenix Technologie Transfer GmbH (Germany), Cesca Therapeutics Inc.(United States), R&D Systems (United States), Genlantis (United States), Lonza Group Ltd.(Switzerland), TiGenix N.V.(Belgium), ScienCell Research Laboratories (United States), Regen Biopharma Inc. (United States), China Cord Blood Corp (Hong Kong) and CBR Systems Inc. (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. The hematopoietic stem cells transplantation market appears to be diversified and competitive comprising of large number of players. The market is dominated by several players who are depending on their major competencies. The market is competing based on factors such as inorganic strategies, competitive pricing model, and expansion of HSC collection centers.
Key Developments in the Market:
On February 10, 2021, Fred Hutchinson Cancer Research Center and Takeda Pharmaceutical Company Announce Collaboration to Develop Next-Generation Cellular Therapies for Hematologic Malignancies
In January 2022, Fred Hutchinson Cancer Research Center Announces New Clinical Trial to Evaluate Reduced-Intensity Conditioning Hematopoietic Stem Cell Transplantation (RIC HSCT) as a Treatment for Patients with High-Risk Myelodysplastic Syndromes (MDS)
Influencing Trend:
Rising government support by providing a favorable environment for research laboratories and The market has the potential in near future as being a perfect alternative to the traditional system in many congenital and acquired hematopoietic disorders management.
Market Growth Drivers:
Increasing prevalence of lymphoproliferative disorders like leukemia are expected to assist HSCs transplantation as survival rates in leukemia patient, Rising disposable income and demand for better treatment options, Rising awareness about healthcare infrastructure and Alternative treatment for relief from chemotherapy, radiotherapy and immune sensitive malignancy.
Challenges:
Ethical and legal challenges for HSCTis posing a challenge which is faced by the market
Restraints:
Researchers have yet to evolve an accurate method to differentiate stem cells from other cells derived from blood or bone marrow to overcome the full potential of HSCT and They also face major barriers in expanding the use of HSCT beyond the replacement of immune and blood cells.
Opportunities:
Regenerative Stromal cell therapy is providing opportunity for the market as it considered as one of the major novel therapies for prevention and treatment for allogenic HSCT.
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Hematopoietic Stem Cell Transplantation Market
- Analysis about New Entrants in Hematopoietic Stem Cell Transplantation Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Hematopoietic Stem Cell Transplantation Study Sheds Light on
The Hematopoietic Stem Cell Transplantation Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Hematopoietic Stem Cell Transplantation industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Hematopoietic Stem Cell Transplantation industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.