Category | Advanced therapy
The cell therapy sector is experiencing significant growth, driven by innovations in biotechnology and increased investment in research and development. The global cell therapy market was valued at approximately $17.4 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 23.17% from 2024 to 2032, potentially reaching $113.53 billion by 2032. In the U.S., the cell therapy market was valued at $2.66 billion in 2023 and is expected to grow at a CAGR of 21.18% from 2024 to 2030.
This growth is propelled by several key trends within the industry, including the shift toward personalized medicine, the push for standardization and scalability in manufacturing processes, and significant technological breakthroughs.
According to the Alliance for Regenerative Medicine’s Sector Snapshot, 2024 is positioned to be a strong year for advances in cell therapy. Specific trends include increased effectiveness in treating blood cancer (both CAR-T and non-CAR-T approaches), accelerating progress in treating solid tumors, and clinical breakthroughs in treating autoimmune diseases such as lupus, type 1 diabetes, multiple sclerosis, and more.
Despite the promise of these therapies, the intricate manufacturing processes for both autologous and allogeneic treatments present significant challenges. Developing autologous therapies necessitates individualized handling and processing due to the need to tailor each treatment to the patient's unique cells, while allogeneic therapies must ensure consistent quality and address immune compatibility across different recipients.
Recognizing the unique challenges of cell therapy, regulatory agencies have implemented several guidelines and frameworks to streamline development and approval processes. For example, the FDA’s Regenerative Medicine Advanced Therapy (RMAT) designation, which is part of the 21st Century Cures Act, expedites the development and review of regenerative medicine products, including cell therapies, that demonstrate potential to address unmet medical needs.
Additionally, the EMA’s PRIME (Priority Medicines) scheme offers early and enhanced support to developers of medicines that target an unmet medical need, facilitating accelerated assessment and approval processes. And both the FDA and EMA have updated their Good Manufacturing Practice (GMP) guidelines to address the specific requirements of cell therapy manufacturing, focusing on quality control, contamination prevention, and traceability.
As regulatory frameworks become more harmonized, global collaboration and market expansion will likely increase, making these therapies accessible to a broader patient population.
In navigating the complex landscape of cell therapy, Thermo Fisher Scientific’s commitment as a manufacturing partner is to stay at the forefront of these advancements, driving innovation and ensuring the highest standards in cell therapy development and manufacturing. By addressing current challenges and leveraging emerging technologies, we are enabling our customers to contribute to the future of medicine, where cell therapy becomes a mainstream option for patients worldwide.