GMP Cell Therapy Consumables Market, By Product Type (Cell Culture Media and Supplements, Cell Separation and Purification Consumables, Cryopreservation Consumables, Cell Transduction Consumables, Other Consumables), By Cell Type (Stem Cells, T-Cells, Nat

GMP Cell Therapy Consumables Market, By Product Type (Cell Culture Media and Supplements, Cell Separation and Purification Consumables, Cryopreservation Consumables, Cell Transduction Consumables, Other Consumables), By Cell Type (Stem Cells, T-Cells, Natural Killer (NK) Cells, Other Cell Types), By Application (Oncology, Regenerative Medicine, Neurology, Cardiovascular, Immunology, Other Applications), By End User (Biopharmaceutical Companies, Contract Manufacturing Organizations (CMOs), Academic and Research Institutions, Hospitals and Clinics, Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Global GMP cell therapy consumables market growth is driven by increasing prevalence of chronic diseases like cancer. Cell therapy involves extracting cells from patient's/ donor's body and modifying them to fight against diseases. GMP consumables play a vital role in cell therapy procedures as these ensure sterility and prevent contamination during development and manufacturing of cell therapy products. Factors such as rising funding for cell-based research, growing geriatric population susceptible to chronic illnesses and augmenting healthcare expenditure can boost demand for GMP consumables in cell therapy globally. However, high costs associated with cell therapy developments and stringent regulatory guidelines for GMP facilities can hamper the market growth.

Market Dynamics:

Global GMP cell therapy consumables market growth is driven by factors such as rising incidence of cancer and other chronic illnesses worldwide. As per WHO, cancer burden has increased to 18.1 million new cases and 9.6 million deaths in 2018. This has boosted demand for advanced treatment solutions like cell therapy, thus, boosting the need for GMP consumables. Growing investments in cell-based research by public-private organizations can drive the market growth. For instance, National Institutes of Health granted over US$ 150 million towards cell therapy research in 2022. However, high costs associated with cell therapy development and maintenance of GMP facilities can hamper the market growth. Strict regulatory standards for GMP manufacturing can hamper the wider commercialization of cell therapy products. Moreover, reimbursement issues related to cell therapies can hamper the market growth. Ongoing technological advancements in GMP consumables to simplify manufacturing processes and rising applications of cell therapies can provide growth opportunities for market players.

Key features of the study:

This report provides in-depth analysis of the global GMP cell therapy consumables market, and provides market size (USD Million) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global GMP cell therapy consumables market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include Merck KGaA, Danaher Corporation, Sartorius AG, Thermo Fisher Scientific, General Electric, PBS Biotech, Meissner Filtration Products

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

Global GMP cell therapy consumables market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global GMP cell therapy consumables market

Detailed Segmentation-

Product Type Insights (Revenue, USD Mn, 2019 - 2031)

Cell Culture Media and Supplements

Cell Separation and Purification Consumables

Cryopreservation Consumables

Cell Transduction Consumables

Other Consumables (Labware, Bioreactors, etc.)

Cell Type Insights (Revenue, USD Mn, 2019 - 2031)

Stem Cells (Embryonic, Induced Pluripotent, Adult)

T-Cells

Natural Killer (NK) Cells

Other Cell Types (Dendritic Cells, Chondrocytes, etc.)

Application Insights (Revenue, USD Mn, 2019 - 2031)

Oncology

Regenerative Medicine

Neurology

Cardiovascular

Immunology

Other Applications

End User Insights (Revenue, USD Mn, 2019 - 2031)

Biopharmaceutical Companies

Contract Manufacturing Organizations (CMOs)

Academic and Research Institutions

Hospitals and Clinics

Others

By Regional Insights (Revenue, USD Mn 2019 - 2031)

North America

U.S.

Canada

Latin America

Brazil

Argentina

Mexico

Rest of Latin America

Europe

Germany

U.K.

Spain

France

Italy

Russia

Rest of Europe

Asia Pacific

China

India

Japan

Australia

South Korea

ASEAN

Rest of Asia Pacific

Middle East

GCC Countries

Israel

Rest of Middle East

Africa

South Africa

North Africa

Central Africa

Key Players Insights

Thermo Fisher Scientific Inc.

Lonza Group

Merck KGaA

Corning Inc.

Sartorius AG

Danaher Corporation

Miltenyi Biotec

Stemcell Technologies Inc.

GE Healthcare

Takara Bio Inc.

Bio-Techne Corporation

HiMedia Laboratories

Eppendorf AG

Avantor, Inc.

Beckman Coulter, Inc.

Terumo BCT, Inc.

Roche Diagnostics

Irvine Scientific

Fujifilm Irvine Scientific, Inc.

CellGenix GmbH