The Allogeneic Stem Cell Transplantation Market is Anticipated to Witness Steady Growth Owing to Increasing Prevalence of Cancer

0
753

The allogeneic stem cell transplantation market involves transplanting stem cells from a donor into a patient, allowing replacement of the patient's unhealthy bone marrow with healthy bone marrow. This is primarily used in the treatment of blood cancers such as leukemia, lymphoma, and myeloma. The procedure aims to establish healthy blood and immune cells in the patient's body. It has curative intent and allows for high-dose chemotherapy along with total body irradiation to destroy cancer cells.

The global allogeneic stem cell transplantation market is estimated to be valued at US$ 4.5 Mn in 2024 and is expected to exhibit a CAGR of 6.5% over the forecast period 2024 to 2031.

Key Takeaways

Key players operating in the allogeneic stem cell transplantation are Wacker Neuson SE, Sany Heavy Industry Co. Ltd, Volvo Construction Equipment, Wirtgen Group, Caterpillar Inc., Atlas Copco, Terex Corporation, Zoomlion Heavy Industries Science & Technology Co Ltd, Fayat Group, BOMAG GmbH, and XCMG Co. Ltd. The increasing prevalence of blood cancers such as leukemia, lymphoma, and myeloma is expected to drive the demand for allogeneic stem cell transplantation over the forecast period. Technological advancements in stem cell collection, preservation, and transplant procedures are also supporting the growth of this market.

Market Trends

Growing clinical research is one of the key trends being observed in the Allogeneic Stem Cell Transplantation Market Growth. Several clinical trials are investigating the potential of stem cell therapy in the treatment of various blood cancers and other conditions. For instance, a phase 3 clinical trial is evaluating the impact of reduced-intensity conditioning prior to stem cell transplant in lymphoma patients. Such research studies aim to expand the applicability of stem cell transplantation.

Adoption of haploidentical stem cell transplants is another major trend. This involves using partially matched family donors for transplantation and offers an alternative for patients without a matched related or unrelated donor. Haploidentical transplants can be performed faster compared to conventional transplants.

 

Get more insights on Allogeneic Stem Cell Transplantation Market

Search
Sponsored
Categories
Read More
Other
Rise in Application as Chemical Intermediate to Promote Naphthalene Market Share
Market Scope Market Research Future (MRFR) studied the global naphthalene market for the...
By Christian Johnson 2022-06-14 06:59:00 0 2K
Other
THE GOOD VS. THE UGLY: POSING THE RIGHT QUESTIONS TO YOUR TENANT
As a property owner, it is important to be well-aware of your tenants’ backgrounds. This...
By Binu Prakash 2022-02-24 09:11:27 0 2K
Other
SEO For Service Based Business – 10 Strategies to Look Forward
Service-based businesses operate distinctly from the usual selling businesses. The focus of the...
By Hyperlocal SEO Services 2022-01-27 13:39:18 0 3K
Shopping
Boho-Chic Bridesmaid Style by Joanna August 2016
These bridesmiad gowns are glorious for fresh, sun-kissed celebrations. An easy, bohemian...
By Qiamb Cheng 2022-01-20 02:06:38 0 3K
Health
Fildena xxx 100 | Best for ED Treatments | USA
Fildena xxx 100 Mg is a drug used to treat the problem of impotence. Fildena xxx 100 is taken 1...
By Strapcart Online 2022-01-07 04:42:45 0 3K