{"id":107830,"date":"2021-03-10T17:00:00","date_gmt":"2021-03-10T17:00:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2848160"},"modified":"2021-03-10T17:00:00","modified_gmt":"2021-03-10T17:00:00","slug":"growing-at-an-annualized-rate-of-over-16-5-the-cell-therapy-manufacturing-market-is-estimated-to-reach-close-to-usd-11-billion-by-2030-claims-roots-analysis-3","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2021\/03\/10\/growing-at-an-annualized-rate-of-over-16-5-the-cell-therapy-manufacturing-market-is-estimated-to-reach-close-to-usd-11-billion-by-2030-claims-roots-analysis-3\/","title":{"rendered":"Growing at an annualized rate of over 16.5%, the cell therapy manufacturing market is estimated to reach close to USD 11 Billion by 2030, claims Roots Analysis"},"content":{"rendered":"
\n
iCrowdNewswire<\/strong> Mar 10, 2021 12:00 PM ET<\/span> <\/div>\n<\/p>\n<\/div>\n
<\/div>\n

The approval of KYMIRAH\u00ae, YESCARTA\u00ae, Alofisel\u00ae and Zyntelgo\u00ae has increased the interest of pharma stakeholders in cell therapies; further, owing to the technical challenges in this field, outsourcing manufacturing operations has become a necessity<\/em><\/p>\n

Roots Analysis<\/strong><\/a> has announced the addition of \u201cCell Therapy Manufacturing Market<\/strong><\/a> (3rd Edition), 2019 \u2013 2030\u201d report to its list of offerings.<\/p>\n

Owing to various reasons, the demand for cell therapies is anticipated to increase over the coming years. Therefore, both therapy developers and contract service providers may need to strengthen their capabilities and expand available capacity. In this context, automation is expected to be a key enabler within the cell therapy manufacturing and contract services industry.<\/p>\n

To order this 550+ page report, which features 160+ figures and 250+ tables, please visit this <\/em><\/strong>\u2013 https:\/\/www.rootsanalysis.com\/reports\/view_document\/cell-therapy-manufacturing\/285.html<\/em><\/strong><\/a><\/p>\n

Key Market Insights <\/strong><\/p>\n

More than 160 organizations claim to be engaged in cell therapy manufacturing<\/strong><\/p>\n

The market landscape is dominated by industry players, representing more than 60% of the total number of stakeholders. Amongst these, over 55 are large or mid-sized firms (having more than 50 employees<\/em>).<\/p>\n

100+ players focused on T-cell and stem cell therapies<\/strong><\/p>\n

Most of these players are focused on manufacturing T-cell therapies, including CART, TCR or TILs. It is worth highlighting that more than 35 organizations claim to have necessary capabilities for the manufacturing of both types of therapies.<\/p>\n

Presently, 70+ companies have commercial scale capacity <\/strong><\/p>\n

As majority of the cell therapy products are in clinical trials, the demand is high at this scale. However, it is worth noting that several players (~50%) have already developed commercial scale capacity for cell therapies.<\/p>\n

Europe is currently considered a current hub for cell therapy production<\/strong><\/p>\n

More than 220 manufacturing facilities have been established by various players, worldwide; of these, 35% are in Europe, followed by those based in North America. Other emerging regions include Australia, China, Japan, Singapore, South Korea and Israel.<\/p>\n

50+ facility expansions reported between 2015-2019<\/strong><\/p>\n

More than 85% of the expansions are related to setting up of new facilities across different regions. Maximum expansion activity was observed in the US and in certain countries within the Asia Pacific regions.<\/p>\n

20+ companies offer automated solutions to cell therapy developers <\/strong><\/p>\n

Players that claim to offer consultancy services related to automation include (in alphabetical order<\/em>) Berkeley Lights, Cesca Therapeutics, Ferrologix, FluDesign Sonics, GE Healthcare and Terumo BCT. Further, we identified players, namely (in alphabetical order<\/em>) Fraunhofer Institute for Manufacturing Engineering and Automation IPA, Invetech, KMC Systems, Mayo Clinic Center for Regenerative Medicine and RoosterBio, that offer consultancy solutions related to automation.<\/p>\n

Partnership activity has grown at an annualized rate of 16%, between 2014 and 2018<\/strong><\/p>\n

More than 200 agreements have been inked in the last 5 years; majority of these were focused on the supply of cell-based therapy products for clinical trials. Other popular types of collaboration models include manufacturing process development agreements (16%), services agreements (12%) and acquisitions (10%).<\/p>\n

By 2030, developed geographies will capture over 60% of the market share<\/strong><\/p>\n

Asia Pacific is anticipated to capture the major share (~36%) of the market by 2030. It is also important to highlight that financial resources, technical expertise and established infrastructure is likely to drive cell therapy manufacturing market in Europe, which is estimated to grow at a CAGR of ~26%.<\/p>\n

To request a sample copy \/ brochure of this report, please visit this \u2013  <\/em><\/strong>https:\/\/www.rootsanalysis.com\/reports\/285\/request-sample.html<\/em><\/strong><\/a>        <\/em><\/strong><\/p>\n

Key Questions Answered<\/strong><\/p>\n