PUBLISHER: The Insight Partners | PRODUCT CODE: 1874005
PUBLISHER: The Insight Partners | PRODUCT CODE: 1874005
The market for cell therapy instruments was valued at approximately US$ 23.28 billion in 2024 and is projected to grow to around US$ 59.98 billion by 2031. This market is anticipated to experience a compound annual growth rate (CAGR) of 15.4% from 2031 to 2031, with a significant trend towards automated manufacturing in cell therapy instruments.
Analysis of the Cell Therapy Instrument Market
Cell therapy involves the injection, implantation, or grafting of living cells into a patient's body. For example, during immunotherapy, a cancer patient may receive T cell injections. The delivery methods for cell therapy instruments vary from simple injections to complex surgical implantations using specialized devices. Cell therapy is applicable to a wide range of conditions, with cancer being one of the most critical diseases affecting the nervous system. Other applications include cardiac issues (such as myocardial infarction and heart failure), diabetes, musculoskeletal disorders, genetic diseases, and skin and soft tissue wounds.
Overview of the Cell Therapy Instrument Market
Chimeric antigen receptor (CAR) T-cell therapy is one of the most promising cancer treatment methods, with numerous pre-clinical and clinical trials conducted annually to broaden its applications. After years of research, CAR-T cell therapy is set to expand further. Future developments will explore not only autologous and allogeneic products but also new in-vivo CAR-T cell gene therapies and their effectiveness in conditions beyond hematologic malignancies.
Strategic Insights
Drivers and Opportunities in the Cell Therapy Instrument Market
Advancements in Cell Therapy Manufacturing
Growing research in cell therapy has led to remarkable advancements in cell therapy instruments aimed at treating genetic disorders and enhancing immune responses. Various companies provide essential consumables like reagent kits and enzymes, while others offer the necessary instruments, equipment, and software for a wide array of cell therapy processes.
The use of specialized equipment is crucial for producing cell therapies such as T cells, hematopoietic stem cells (HSC), mesenchymal stem cells (MSC), pluripotent stem cells (PSC), and neural stem cells (NSC). Since these products are derived from human or animal cells, maintaining contamination-free conditions is vital. Consequently, the instruments used in cell therapies are designed to prevent contamination and facilitate increased production. Notable companies like Corning Incorporated, Hitachi Chemical Advanced Therapeutics Solutions, LLC, Cytiva (a General Electric Company), Thermo Fisher Scientific Inc., Invetech, and Miltenyi Biotec have developed various instruments and consumables for cell therapy applications.
The biotechnology industry in the Asia Pacific and Middle East regions is rapidly expanding, bolstered by significant investments and strategic initiatives from both private and public sectors, particularly in comparison to North America and Europe. For example, in December 2024, Astellas Pharma Inc. from Japan announced its acquisition of Audentes Therapeutics Inc., a gene therapy firm, for US$ 3 billion. Similarly, in November 2024, Fujifilm revealed plans to invest approximately US$ 120 million (13 billion yen) in gene therapy as part of its contract development and manufacturing segment. Additionally, the Japan Pharmaceutical Medical Device Agency (PMDA) approved two gene therapy products under the Sakigake designation, which is akin to the FDA's breakthrough therapy designation and the EMA's Priority Medicine (PRIME) designation, with expectations to approve at least one therapy annually. Such strategic moves by domestic players in Asian countries are likely to drive demand for cell therapy instruments in the near future.
Segmentation Analysis of the Cell Therapy Instrument Market
The analysis of the cell therapy instrument market is segmented by disorder and service providers.
Geographical Analysis of the Cell Therapy Instrument Market
The geographical scope of the cell therapy instrument market report is divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South America/South & Central America.
The United States stands out as the largest and fastest-growing market for cell therapy instruments, driven by increased research and development and the rising adoption of cell therapies, including gene, stem cell, and immune therapies. Furthermore, government support is significantly contributing to the growth of cell therapies, positively impacting market expansion. For instance, the American Society of Gene & Cell Therapy (ASGCT) is a public organization that offers memberships to scientists, physicians, professionals, and patient advocates involved in gene and cell therapies, aiming to enhance knowledge, education, and awareness regarding the clinical applications of these therapies.
Scope of the Cell Therapy Instrument Market Report
Recent Developments in the Cell Therapy Instrument Market
The evaluation of the cell therapy instrument market is based on qualitative and quantitative data collected through primary and secondary research, including significant corporate publications, association data, and databases. Recent developments in the market include:
Report Coverage and Deliverables for the Cell Therapy Instrument Market
The report titled "Cell Therapy Instrument Market Size and Forecast (2021-2031)" offers an in-depth analysis of the market, covering the following areas: