We have an updated report [Version - 2024] available. Kindly sign up to get the sample of the report.
all report title image

ALLOGENEIC STEM CELL TRANSPLANTATION MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Allogeneic Stem Cell Transplantation Market, By Source (Bone Marrow, Peripheral Blood, Umbilical Cord Blood, Adipose Tissue, Dental Pulp, and Others), By Application (Cancer, Autoimmune Diseases, Blood Disorders, Cardiac Disorders, Neurological Disorders, Diabetes, and Others), By End User (Hospitals, Research Institutes, Specialty Clinics, and Others), By Cell Type (Allogeneic MSCs, Allogeneic HSCs, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

  • Published In : Nov 2023
  • Code : CMI6407
  • Pages :130
  • Formats :
      Excel and PDF
  • Industry : Pharmaceutical

Market Challenges And Opportunities

Allogeneic Stem Cell Transplantation Market Drivers:

  • Rising Incidence of Chronic Diseases: The rising prevalence of chronic diseases, such as cancer, autoimmune diseases, and blood disorders, is a major factor driving the growth of the allogeneic stem cell transplantation market. The number of new cases of diseases like leukemia, multiple myeloma, and lymphoma has steadily increased over the past decade. Allogeneic hematopoietic stem cell transplantation represents a potentially curative treatment approach for many of these high-risk and drug-resistant hematological malignancies. According to the World Health Organization (WHO), cancer was responsible for nearly 10 million deaths worldwide in 2020. The surging patient pool and demand for advanced therapies to treat these conditions will drive the market growth.
  • Increased Research and Clinical Trials: A number of research studies and clinical trials are underway to evaluate the safety and efficacy of allogeneic stem cell therapies for newer applications beyond traditional blood cancers and disorders. Several phase 2 and 3 trials are ongoing to assess allogeneic stem cell therapies for indications such as bone marrow fibrosis, osteoarthritis, stroke, traumatic brain injury, and myocarditis among others. Robust pipeline activities focused on broadening the treatment landscape will provide new avenues for market growth. For instance, Novartis, a global pharmaceutical company, initiated a study using allogeneic stem cell transplantation for the treatment of bone marrow fibrosis. The study is in phase 2 of clinical trials and is expected to be completed by October 2024.
  • Technological Advancements in Stem Cell Therapies: Significant advances in stem cell harvesting, expansion, and therapeutic application have enhanced the scope of allogeneic stem cell-based treatments. New developments in apheresis for stem cell collection from peripheral blood, use of cord blood as a source, and advances in ex-vivo expansion techniques have improved cell yields and transplantation outcomes. Companies are also developing advanced allogeneic 'off-the-shelf' cell therapies using gene editing tools like CRISPR to make universal CAR T-cell therapies for cancer treatment. Such cutting-edge technologies and treatment modalities will propel the market growth.
  • Favorable Government Regulations: Regulatory bodies like the U.S. FDA (Food & Drugs Administration) and EMA (European Medicines Agency) have enacted expedited approval pathways, such as breakthrough therapy, fast track, and priority review, to accelerate approval timelines for promising regenerative medicine therapies. The U.S. FDA has also implemented the Regenerative Medicine Advanced Therapy designation to provide benefits to cell therapies showing significant efficacy in early studies. Such regulatory support and initiatives are creating a favorable environment for growth of the allogeneic stem cell transplantation market.

Allogeneic Stem Cell Transplantation Market Opportunities: 

  • Increasing Use of Allogeneic MSCs: Mesenchymal stem cells sourced from adult tissues like bone marrow and adipose tissue hold significant promise for allogeneic applications owing to their immunomodulatory functions. Allogeneic MSC (mesenchymal stem cell) therapies are being increasingly evaluated in regenerative medicine applications beyond traditional hematopoietic stem cell transplantation. This presents a key growth opportunity as players expand their capabilities to tap the strong clinical potential of allogeneic MSCs for newer indications.
  • Combination Therapies: Combining allogeneic cell therapies with approved drugs or treatment modalities is an emerging opportunity to improve patient outcomes. Early research on combining allogeneic NK (Natural killer) cells and MSCs with checkpoint inhibitors for cancer is showing synergistic effects. Cell therapy and drug combinations for blood cancers have also shown positive results. Such combination approaches are expected to gain traction and maximize the benefits of allogeneic stem cell therapies.
  • Scale-up in Emerging Markets: Emerging markets across Asia Pacific, Latin America, and the Middle East represent significant growth opportunities owing to expanding healthcare budgets, rise in medical tourism, and improving regulations for cell-based research. Companies are increasingly establishing high-tech stem cell manufacturing and processing facilities in these markets to serve the growing regional demand. Rising partnerships and distributor agreements will help players tap growth prospects.
  • Expanding Applications: In gene therapy, allogeneic stem cells are gaining increasing relevance as delivery vehicles for gene therapies, especially for monogenic diseases. Advances in genetic modification tools have enhanced the prospects of engineering allogeneic cells with desired gene sequences before transplantation into patients. The expanding application scope of gene-modified allogeneic cell therapies will provide new market prospects.

Allogeneic Stem Cell Transplantation Market Restraints:

  • High Costs of Cell Therapies: Allogeneic stem cell transplantation involves substantial upfront costs for specialized infrastructure, stringent manufacturing protocols, robust quality control, and skilled personnel. Complex handling and transportation requirements also add logistics expenses. Lack of adequate reimbursement and limited insurance coverage in several regions negatively impacts affordability. The resultant high costs of therapy are a key restraint to the market growth.
  • Stringent Regulatory Frameworks: While regulatory policies are evolving to support cell therapy approval and commercialization, ambiguity around long-term safety and efficacy continues to warrant strict regulatory evaluation. Companies have to comply with extensive manufacturing regulations right from stem cell sourcing to good tissue practices, cGMP protocols, quality checks, and mandated preclinical studies. Navigating changing regulatory landscapes across major markets like the U.S., EU, China, and Japan remains challenging.
  • Limited Donor Availability: While sources like mobilized peripheral blood and umbilical cord blood provide abundant stem cell material, finding HLA (Human Leukocyte Antigens)-matched allogeneic donors, especially among minority populations, continues to be difficult. Low volunteer registrations and donor attrition also impact donor grafts. Such limitations in sourcing HLA-matched donors can restrict patient therapy access and hinder growth prospects.

Need a Custom Report?

We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports

Customize Now
Logo

Credibility and Certifications

ESOMAR
DUNS Registered
Clutch
DMCA Protected

9001:2015

Credibility and Certifications

27001:2022

Credibility and Certifications

EXISTING CLIENTELE

Joining thousands of companies around the world committed to making the Excellent Business Solutions.

View All Our Clients
trusted clients logo
© 2024 Coherent Market Insights Pvt Ltd. All Rights Reserved.