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Report Overview
The global cell therapy market size was valued at USD 4.65 Billion in 2025. The market size is projected to grow at a compound annual growth rate (CAGR) of 11.20% during the forecast period from 2026 to 2035, with market size values likely reaching USD 13.44 Billion by 2035. Advances in therapeutic development, and the emphasis of biotechnology companies to promote innovative cell therapies, regenerative medicine, are amongst the key trends in the healthcare industry. The market growth is also driven by the rising development around new cell types.
2025
Base Year
2019-2025
Historical Period
2026-2035
Forecast Period
Cell Therapy Market Key Companies & Market Share Insights
The market is driven by key companies leveraging collaborations, partnerships, and technological advancements to enhance therapeutic solutions. These companies are pivotal in shaping market growth through innovation and strategic initiatives. Some major players include:
- Thermo Fisher Scientific Inc.- Founded in 1956 and located in Waltham, Massachusetts, Thermo Fisher Scientific is a leader in lab instruments and reagents. In the cell therapy field, the company supports manufacturing through innovative solutions. In February 2024 , Thermo Fisher teamed up with Multiply Labs to automate production. The partnership integrates robotics and advanced equipment, improving scalability, cutting costs, and speeding up processes.
- Merck KGaA- Merck KGaA, established in 1668 and headquartered in Darmstadt, Germany, excels in science and technology. In the cell therapy sector, the company focuses on viral vector manufacturing. In May 2024, Merck acquired Mirus Bio for USD 600 million, boosting its viral vector production capabilities and reinforcing its commitment to cell and gene therapies.
- Danaher Corporation- Danaher Corporation, founded in 1969, is leading in life sciences and diagnostics. The company’s expertise spans cell culture, gene editing, and biomanufacturing. In January 2024, it partnered with the Innovative Genomics Institute to scale CRISPR-based treatments, enhancing gene-editing technologies in cell and gene therapy.
- Novartis AG- Novartis AG, based in Basel, Switzerland, was founded in 1996. Known for its leadership in CAR-T therapies. It advanced this field further in November 2024 through a partnership with Vyriad. By combining Vyriad’s lentiviral vector technology with Novartis's expertise, the collaboration aims to expand treatment possibilities in CAR-T therapies.
Other key players in the market are Becton, Dickinson and Company, Terumo BCT, Inc., Sartorius AG, Corning Incorporated and Lonza.
Cell Therapy Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2025, the Cell therapy market was valued at approximately USD 4.65 Billion.
The market is projected to grow at a compound annual growth rate (CAGR) of 11.20% during the forecast period from 2026 to 2035 with values likely to reach USD 13.44 Billion by 2035.
Cancer held a substantial cell therapy market share.
Key players in the cell therapy market include Thermo Fisher Scientific Inc., Merck KGaA, Danaher Corporation, Becton, Dickinson and Company, Terumo BCT, Inc., Novartis AG, Sartorius AG, Corning Incorporated, and Lonza.
Factors driving the cell therapy market include advancements in gene editing, growing adoption of CAR-T therapies, increasing prevalence of chronic diseases, rising demand for regenerative medicine, and enhanced regulatory frameworks.
The cell therapy market faces challenges such as high development costs, regulatory hurdles, manufacturing complexities, limited access to skilled professionals, and concerns over long-term safety and efficacy.
The regional markets covered in the EMR report include North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa, focusing on industry trends, growth drivers, and market dynamics in these regions.
Stem cell is expected to lead the market share based on cell type in the forecast period.
Recent developments in the cell therapy market Cellistic's February 2025 release of Allo Chassis, an immune-cloaked induced pluripotent stem cell line to streamline development. In March 2025, Anova Therapeutics also initiated a Phase I/II gene therapy trial for high-grade gliomas.
Partnerships, collaborations, mergers, and acquisitions among key market players enhance innovation, expand market reach, and foster resource sharing, driving competitive advantages and shaping the dynamics of the industry.
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