Advanced therapy medicinal products Market Trends, Size, Forecast - 2019-2025
The global advanced therapy medicinal products market is anticipated to grow at a significant CAGR of over 15% during the forecast period. The advanced therapy medicinal products have the potential to treat a range of degenerative disorders including conditions that don’t possess any treatment today. There has been significant progress in both basic and applied research of advanced therapy medicinal products including technical innovation and various scientific discoveries to promote advanced therapies.
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Factors such as the prevalence of chronic diseases and genetic disorders across the globe coupled with the rising government investments in regenerative medicine research would fuel the global advanced therapy medicinal products market. Additionally, new product approvals and a growing pipeline of medical products are also anticipated to contribute to the growth of the market. However, ethical concerns related to advanced therapies such as the use of embryonic stem cells in R&D will serve as a major restrain for the advanced therapy medicinal products market. Moreover, the rising demand for organ transplantation all across the globe will create new opportunities for market growth during the forecast period.
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Advanced therapy medicinal products Market Segmentation
By Type of Therapy
Cell Therapy
CAR-T Therapy
Gene Therapy
Tissue Engineered Product
Regional Analysis
North America
US
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
Rest of the World
Company Profiles
Abeona Therapeutics Inc.
Amicus Therapeutics, Inc.
AlloVir
Bluebird Bio, Inc.
Celgene Corp.
Caladrius Biosciences, Inc.
Gilead Lifesciences, Inc.
Humacyte, Inc.
JCR Pharmaceuticals Co., Ltd.
KolonTissueGene, Inc.
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