Cell Therapy Market Worth $23.0 Billion By 2028 | CAGR: 14.5%
Cell Therapy Industry Overview The global cell therapy market size is expected to reach USD 23.0 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 14.5% from 2021 to 2028. The emergence of new technologies to support the development of advanced cellular therapies has aided in market growth. Companies are leveraging new technologies not only for the expansion of their product portfolio but also for establishing out-licensing or co-development agreements with other entities to support their product development programs. Cell Therapy Market Segmentation Grand View Research has segmented the global cell therapy market on the basis of use-type, therapy type, and region: Based on the Use-type Insights, the market is segmented into Clinical-use, Research-use. The research-use segment dominated the market for cell therapy and accounted for the largest revenue share of 60.9% in 2020. The stem ce...