The global advanced therapy medicinal products market is anticipated to grow at a significant CAGR of over 15% during the forecast period. The advanced therapy medicinal products have the potential to treat a range of degenerative disorders including conditions that don’t possess any treatment today. There has been significant progress in both basic and applied research of advanced therapy medicinal products including technical innovation and various scientific discoveries to promote advanced therapies.

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Factors such as the prevalence of chronic diseases and genetic disorders across the globe coupled with the rising government investments in regenerative medicine research would fuel the global advanced therapy medicinal products market. Additionally, new product approvals and a growing pipeline of medical products are also anticipated to contribute to the growth of the market. However, ethical concerns related to advanced therapies such as the use of embryonic stem cells in R&D will serve as a major restrain for the advanced therapy medicinal products market. Moreover, the rising demand for organ transplantation all across the globe will create new opportunities for market growth during the forecast period.

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Advanced therapy medicinal products Market Segmentation

By Type of Therapy

Cell Therapy

CAR-T Therapy

Gene Therapy

Tissue Engineered Product

Regional Analysis

North America

US

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe

Asia-Pacific

China

India

Japan

Rest of Asia-Pacific

Rest of the World

Company Profiles

Abeona Therapeutics Inc.

Amicus Therapeutics, Inc.

AlloVir

Bluebird Bio, Inc.

Celgene Corp.

Caladrius Biosciences, Inc.

Gilead Lifesciences, Inc.

Humacyte, Inc.

JCR Pharmaceuticals Co., Ltd.

KolonTissueGene, Inc.

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