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  • Published In : May 2024
  • Code : CMI1728
  • Pages :205
  • Formats :
      Excel and PDF
  • Industry : Biotechnology

Regional Analysis

Cell Therapy Manufacturing Market Regional Insights

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North America remains the dominant region in the global cell therapy manufacturing market and is estimated to hold 43.8% of the market share in 2024. The presence of leading biopharmaceutical companies and research institutions focused on cell therapies has fueled extensive research and development activities in the region. Countries like the U.S. have supportive regulations and reimbursement policies spurring clinical trials and commercialization of new cell therapy products. Access to capital for funding clinical trials along with increasing healthcare expenditure provides North American players an advantage. Several major players have set up their manufacturing facilities in the U.S. to cater to the large patient pool and tap into the growing demand. Over the years, these have built capabilities across the manufacturing value chain from cell sourcing and processing to final drug product formulation, storage, and distribution.

Asia Pacific has emerged as the fastest-growing regional market for cell therapy manufacturing. Countries like China and Japan recognize the potential of cell-based therapies, and are aggressively supporting industry growth. Their governments provide funding and infrastructure development initiatives to develop domestic capabilities. Lower operating costs and talent availability in the regions are attracting investments from global industry players seeking to expand production footprints. Local companies in Asia have ramped up technology innovations centered around process intensification. The rapid economic growth across Asia Pacific translates to increased healthcare spending and demand for advanced treatment options like cell therapies. This makes the region an attractive long-term investment destination for both regional as well as global manufacturers.

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