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Gmp Cell Therapy Consumables Market SWOT Analysis and Key Growth technologies, Demands and Forecast till 2028

03-03-2023 08:18 AM CET | Health & Medicine

Press release from: Premium Market Insights

Gmp Cell Therapy Consumables Market

Gmp Cell Therapy Consumables Market

The GMP cell therapy consumables market is expected to grow from US$ 11,031.25 million in 2021 to US$ 59,985.89 million by 2028; it is estimated to grow at a CAGR of 27.5% from 2022 to 2028.

The "Gmp Cell Therapy Consumables Market" forecast 2028 report analyses the present and future competitive scenario of the analytics industry. Gmp Cell Therapy Consumables Market report offers an in-depth analysis on segments including top companies, products, applications, revenue and regions. a number of topics including likewise market share, drivers, trends and methods. This report additionally offers insights into the latest growth and trends. It encapsulates key aspects of the market, with focus on leading key player's areas that have witnessed the highest demand, leading regions and applications.

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The List of Companies -
- Sartorius AG
- Thermo Fisher Scientific Inc
- Miltenyi Biotec BV & Co KG
- Bio-Techne Corp
- Corning Inc
- FUJIFILM Irvine Scientific Inc
- Lonza Group AG
- BPS Bioscience Inc
- Merck KGaA
- Global Life Sciences Solutions USA LLC

Good Manufacturing Practices (GMP) ensure that products are consistently produced and controlled according to quality standards. Cell therapy manufacturing processes are complex and require an underpinning pharmaceutical quality system and quality control (QC) laboratory. Also, all aspects of cell therapy manufacturing require trained personnel. As the process is complex, there may be chances of contamination; therefore, GMP in cell therapy is becoming mandatory. Also, the increasing use of cell therapy to treat various diseases is propelling the demand for cell therapy consumables manufactured according to GMP regulations.

The companies in the GMP cell therapy consumables market is making strategic collaborations for the development of new products and cell therapy treatments. A few strategic collaborations in the GMP cell therapy consumables market is mentioned below:

- In October 2022, Pluristyx, panCELLa, and Implant Therapeutics management announced the corporate merger, pending shareholder approval. The merged company will combine complementary portfolios to offer end-to-end customer support and provide increased access to a wide range of induced pluripotent stem cell (iPSC)-related products and services. The integrated technology and service offerings will greatly accelerate the development and delivery of revolutionary cell therapies to patients.

- In November 2021, Laurus Labs signed an investment agreement with Immunoadoptive Cell Therapy Private Limited (ImmunoACT), an advanced cell and gene therapy company, to acquire a 26.62% stake (fully diluted basis), subject to the fulfillment of certain conditions.

The increase in strategic collaborations among market players for cell therapy development has propelled the use of GMP cell therapy consumables to achieve the desired products, which drives the growth of the GMP cell therapy consumables market.

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Based on process, the GMP cell therapy consumables market is segmented into cell collection and characterization/sorting and separation, cell culture and expansion/preparation, cryopreservation, cell processing and formulation, cell isolation and activation, cell distribution/handling, process monitoring and control/readministration/quality assurance, and others.. The cell collection and characterization/sorting and separation segment held the largest market share in 2021. However, the cryopreservation segment is expected to register the highest CAGR during the forecast period.

Cryopreservation has become a significant aspect of the manufacturing process for many cellular therapies. It occasionally comes before cell culture (conserving the starting cellular material before moving forward with large-scale manufacturing) and generally follows cell expansion therapies. The ability to store cells at different points during the manufacturing process enables the creation of a customized workflow. Selecting GMP-grade or suitable cryoprotective agents (CPAs) and controlled-rate freezing equipment with appropriate cooling profiles for immune cells is one of the best practices adopted to help generate high-quality cells. Sartorius designs NutriFreez cell freezing solutions for the cryopreservation of cells manufactured in compliance with GMP services.

In the US, leukemia treatment using CAR T-cell therapy costs around US$ 800,000 to US$ 900,000. However, Indian start-ups and pharmaceutical companies are focusing on offering this treatment at a lower cost by reducing the treatment time and increasing the effectiveness of cell therapy. Also, the government is investing in cell therapy for leukemia treatment. For instance, in June 2021, the Department of Biotechnology (DBT) supported the first CAR T-cell therapy conducted at ACTREC, Tata Memorial Center in Mumbai. This increased the demand for cell therapy consumables in India as Phase I/II trials were carried out in the country.

The World Health Organization (WHO), US Food and Drug Administration (FDA), US Centers for Medicare & Medicaid Services, and Johns Hopkins University are among the primary and secondary sources referred to while preparing the report on the GMP cell therapy consumables market.

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TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 by Product
1.3.2 by Cell Therapy
1.3.3 by End Use
1.3.4 by End Use
1.3.5 by Geography
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America PEST Analysis
4.2.2 Europe PEST Analysis
4.2.3 Asia Pacific PEST Analysis
4.2.4 South & Central America PEST Analysis
4.2.5 Middle East & Africa PEST Analysis
4.3 Experts' Opinion
5. Key Market Dynamics
5.1 Market Drivers
5.1.1 Rise in Research & Development and Drug Discovery
5.1.2 Increase in Strategic Collaborations
5.2 Market Restraints
5.2.1 Stringent Regulatory Policies
5.3 Market Opportunities
5.3.1 Growing Regulatory Approvals for Cell and Gene Therapy (CGT) Product
5.4 Future Trends
5.4.1 Increasing Clinical Trials and Rising GMP Demand
5.5 Impact Analysis
6. Global Analysis
7. Revenue and Forecast to 2028 - by Product
Continued…

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