The Asia Pacific cell therapy market size is expected to reach USD 2.9 billion by 2028. The market is expected to expand at a CAGR of 14.9% from 2021 to 2028.
Rapid advancements in regenerative medicine are anticipated to provide effective solutions for chronic conditions. A substantial number of companies in the growing markets, such as India and South Korea, are striving to capitalize on the untapped opportunities in the market, thereby driving the market.
The growth is greatly benefitted by the fund and regulatory support from government bodies and regulatory agencies. For instance, in August 2020, the government of South Korea passed an Act on the Safety and Support of Advanced Regenerative Medical Treatment and Medicine to establish a regulatory system for patient safety during quality control and clinical trials and to strengthen the regulatory support for regenerative medicine development.
The implementation of the act is expected to enhance clinical studies and approvals of regenerative medicine in South Korea. Furthermore, CAR-T and TCR T-cell therapies have already revolutionized hematologic cancer treatment. With the onset of the COVID-19 pandemic, scientists are deciphering its potential against the novel coronavirus. The concept of using T cells against chronic viral infections, such as HIV and hepatitis B, has already been proposed.
Based on the previous research insights, Singapore-based Duke-NUS medical school's emerging infectious diseases research program demonstrated the utility of these immunotherapies in treating patients with COVID-19 infection.
Thus, an increase in research for use of cell therapies for COVID-19 treatment is expected to drive the market in Asian countries. In April 2021, a team of researchers from Japan used induced pluripotent stem cells (iPS) to find drugs that can effectively inhibit the coronavirus and other RNA viruses.
Key Topics Covered:
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary 2.1 Market Snapshot
Chapter 3 Cell Therapy Market Variables, Trends, and Scope 3.1 Market Trends and Outlook 3.2 Market Segmentation and Scope 3.3 Market Dynamics 3.3.1 Market driver analysis 188.8.131.52 Rise in number of clinical studies for cellular therapies in Asia Pacific 184.108.40.206 Expanding regenerative medicine landscape in Asian countries 220.127.116.11 Introduction of novel platforms and technologies 3.3.2 Market restraint analysis 18.104.22.168 Ethical concerns 22.214.171.124 Clinical issues pertaining to development & implementation of cell therapy 126.96.36.199.1 Manufacturing issues 188.8.131.52.2 Genetic instability 184.108.40.206.3 Condition of stem cell culture 220.127.116.11.4 Stem cell distribution after transplant 18.104.22.168.5 Immunological rejection 22.214.171.124.6 Challenges associated with allogeneic mode of transplantation 3.3.3 Market opportunity analysis 126.96.36.199 Approval of Kymriah and Yescarta across various Asian countries 188.8.131.52 Developments in CAR T-cell therapy for solid tumors 3.3.4 Market challenge analysis 184.108.40.206 Operational challenges associated with cell therapy development & usage 220.127.116.11.1 Volume of clinical trials for cell and gene therapy vs accessible qualified centers 18.104.22.168.2 Complex patient referral pathway 22.214.171.124.3 Patient treatment, selection, and evaluation 126.96.36.199.4 Availability of staff vs volume of cell therapy treatments 3.4 Penetration and Growth Prospect Mapping for Therapy Type, 2020 3.5 Business Environment Analysis 3.5.1 SWOT Analysis; By factor (Political & Legal, Economic and Technological) 3.5.2 Porter's Five Forces Analysis 3.6 Regulatory Framework 3.6.1 China 188.8.131.52 Regulatory challenges & risk of selling unapproved cell therapies 3.6.2 Japan
Chapter 4 Cell Therapy Market: COVID-19 Impact analysis 4.1 Challenge's analysis 4.1.1 Manufacturing & supply challenges 4.1.2 Troubleshooting the manufacturing & supply challenges associated to COVID-19 4.2 Opportunities analysis 4.2.1 Need for development of new therapies against SARS-CoV-2 184.108.40.206 Role of T-cell based therapeutics in COVID-19 management 220.127.116.11 Role of mesenchymal cell-based therapeutics in COVID-19 management 4.2.2 Rise in demand for supply chain management solutions 4.3 Challenges in manufacturing cell therapies against COVID-19 4.4 Clinical Trial Analysis 4.5 Key Market Initiatives
Chapter 5 Asia Pacific Cell Therapy CDMOs/CMOs Landscape 5.1 Role of Cell Therapy CDMOs 5.2 Key Trends Impacting Asia Cell Therapy CDMO Market 5.2.1 Regulatory reforms 5.2.2 Expansion strategies 5.2.3 Rising investments 5.3 Manufacturing Volume Analysis 5.3.1 Wuxi Biologics 5.3.2 Samsung Biologics 5.3.3 GenScript 5.3.4 Boehringer Ingelheim 5.3.5 Seneca Biopharma, Inc. 5.3.6 Wuxi AppTech 5.4 Competitive Milieu 5.4.1 Regional network map for major players
Chapter 6 Asia Pacific Cell Therapy Market: Use Type Business Analysis 6.1 Market (Stem & non-stem cells): Use type movement analysis 6.2 Clinical Use 6.2.1 Market (stem & non-stem cells) for clinical use, 2017 - 2028 (USD Million) 6.2.2 Market (stem & non-stem cells) for clinical use, by therapeutic area 18.104.22.168 Malignancies 22.214.171.124.1 Market (stem & non-stem cells) for malignancies, 2017 - 2028 (USD Million) 126.96.36.199 Musculoskeletal disorders 188.8.131.52 Autoimmune disorders 184.108.40.206 Dermatology 6.2.3 Market (stem & non-stem cells) for clinical use, by cell type 220.127.116.11 Stem cell therapies 18.104.22.168.1 Market, 2017 - 2028 (USD Million) 22.214.171.124.2 BM, blood, & umbilical cord-derived stem cells/mesenchymal stem cells 126.96.36.199.3 Adipose-derived stem cell therapies 188.8.131.52.4 Other stem cell therapies 184.108.40.206 Non-stem cell therapies 6.3 Research Use
Chapter 7 Asia Pacific Cell Therapy Market: Therapy Type Business Analysis 7.1 Market (Stem & Non-stem Cells): Therapy type movement analysis 7.2 Allogeneic Therapies 7.3 Autologous Therapies
Chapter 8 Asia Pacific Cell Therapy Market: Country Business Analysis 8.1 Market (Stem & Non-stem Cells) Share by Country, 2020 & 2028
Chapter 9 Asia Pacific Cell Therapy Market: Competitive Landscape