Research Nester released a report titled “Hematopoietic Stem Cell Transplant Market: Global Demand Analysis & Opportunity Outlook 2029” which delivers a detailed overview of the hematopoietic stem cell transplant market in terms of market segmentation by transplant type, disease indication, application, end user, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
With the increasing prevalence of hematopoietic diseases, advancement in medical technology, and the rising demand for a cure for various medical conditions, the global hematopoietic stem cell transplant market is expected to witness growth by a substantial CAGR during the forecast period, i.e., 2021 – 2029. Research from secondary sources stated that in the year 2021 in the United States, more than 129,000 people are evaluated to be diagnosed with a serious blood disorder. Moreover, an increase in research-based initiatives on a global level is another significant factor that is expected to drive the growth of the market.
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The hematopoietic stem cell transplant market is segmented on the basis of transplant type into allogeneic and autologous types. Amongst these, the segment for allogeneic transplant is evaluated to occupy the largest market share as the process creates a new immune system once the donated cells are embedded into the body of the patient.
Geographically, the global hematopoietic stem cell transplant market is segmented into five major regions, North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The market in North America is predicted to grab the largest share in 2021 owing to the growing prevalence of leukemia and lymphoma, and an increase in demand for improved treatment solutions in the region.
Increasing Prevalence of Hematopoietic Disorders
The number of people who develop blood-related diseases requiring hematopoietic stem cell transplants is on the rise. This has led to a surge in the number of researches being conducted in the field of healthcare, and the development of transplantation procedures with higher success rates, which are the major factors anticipated to boost the growth of the global hematopoietic stem cell transplant market over the forecast period.
“The Final Report will cover the impact analysis of COVID-19 on this industry.”
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However, the expensive cost of transplant treatment is projected to act as a hindrance to the hematopoietic stem cell transplant market in the coming years.
This report also provides the existing competitive scenario of some of the key players of the global hematopoietic stem cell transplant market which includes company profiling of Lonza Group Ltd. (SWX: LONN), Escape therapeutics, Inc., Regen BioPharma, Inc. (OTCMKTS: RGBP), ThermoGenesis Holdings, Inc. (NASDAQ: THMO), CSG-BIO Company, Inc., CBR Systems, Inc., Pluristem Inc. (NASDAQ: PSTI), Global Cord Blood Corporation (NYSE: CO), ViaCord, LLC, and Cynata Therapeutics Limited (ASX: CYP). The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials, and recent news and developments. On the whole, the report depicts a detailed overview of the global hematopoietic stem cell transplant market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities, and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.
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