Bone Marrow Transplant Market registered a profitable valuation of USD 11.02 billion in 2024 and is projected to register USD 17.24 billion in 2037, expanding at a CAGR of 3.5% during the forecast period, i.e., 2025-2037. In 2025, the industry size of bone marrow transplant is estimated at USD 11.41 billion.
The primary growth driver of the bone marrow transplant market is the increasing prevalence of hematologic disorders, including leukemia, lymphoma, and multiple myeloma, which often require BMT as a key therapeutic option. According to the Leukemia & Lymphoma Society, in the U.S., an estimated 1,698,339 persons are living with or in remission from leukemia, lymphoma, myeloma, myelodysplastic syndromes (MDS), or myeloproliferative neoplasms. Genetic blood disorders like sickle cell anemia and thalassemia, also require BMT as a critical treatment option. According to the American Society of Hematology, around 70,000 to 100,000 U.S. population have sickle cell anemia.
Additionally, older adults are at an elevated risk for blood-related cancers and disorders due to the natural aging of bone marrow and immune cells, which can lead to genetic mutations and weakened immune function. According to the World Health Organization (WHO), the percentage of people over 60 years of age across the world will almost double, from 12% to 22%, between 2015 and 2050. The global aging population is contributing significantly to the demand for bone marrow transplants, as advancements in medical techniques make the procedure safer and more accessible for elderly patients. This trend is expected to drive continued growth in the bone marrow transplant market.
Growth Drivers
Challenges
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
3.5% |
Base Year Market Size (2024) |
USD 11.02 billion |
Forecast Year Market Size (2037) |
USD 17.24 billion |
Regional Scope |
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Transplant Type (Autologous and Allogeneic)
By the end of 2037, autologous segment is estimated to dominate around 56.4% bone marrow transplant market share. The growth can be attributed to the rising adoption of autologous transplant procedures due to their reduced risk of immune rejection and complications. A 2023 published report on autologous stem cell transplantation published by the American Society for Transplantation and Cellular Therapy (ASTCT), reported that 20% to 50% of patients with multiple myeloma undergo autologous stem cell transplantation. The autologous type of transplant uses the patient’s stem cells, which are harvested before high-dose treatments like chemotherapy, and then reinfused after treatment to help restore bone marrow. Improved techniques in stem cell harvesting and storage have made the autologous transplant procedure more accessible, encouraging more patients and healthcare providers to consider it as a viable treatment.
Moreover, autologous transplants generally incur lower healthcare costs compared to allogeneic transplants due to fewer complications and no need for donor match. This cost benefit is driving adoption in healthcare systems focused on reducing overall treatment costs.
End user (Hospitals, Multispecialty Clinics, and Ambulatory Surgical Centers)
In bone marrow transplant market, hospital segment is poised to account for more than 92.2% revenue share by the end of 2037. The growth can be attributed to the rising demand for specialized, high-quality care for such complex procedures. Hospitals hold a substantial share of the bone marrow transplant market, especially large, well-equipped medical centers with dedicated oncology and hematology departments.
Hospitals, especially large and specialized institutions, account for a significant share of bone marrow transplants due to the need for advanced technology and 24/7 medical teams to monitor patients before, during, and after the procedure. There are approximately 200 medical centers (hospitals) that perform transplants in the U.S. Globally, the number of bone marrow transplants conducted each year is increasing. In 2021, 4,276 related and 5,073 unrelated bone marrow and cord blood transplants were performed in the U.S., according to the Center for International Blood and Marrow Transplant Research.
Our in-depth analysis of the bone marrow transplant market includes the following segments:
Transplant Type |
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Disease Indication |
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End user |
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Europe Market Forecast
Europe bone marrow transplant market is estimated to capture revenue share of over 54.5% by 2037. The aging population in the region increases the prevalence of age-related hematologic cancers and blood disorders, creating a sustained demand for BMT. According to the United Nations Population Fund (UNPF), as of 2022, one in five people in Europe is 65 years or older. Many countries are increasing their healthcare expenditure to support advanced cancer treatments and transplants, which benefits the bone marrow transplant market by improving access to treatment.
In the UK, innovations in stem cell research, including gene therapy and precision medicine, have enhanced the efficacy and safety of bone marrow transplants. These advancements make transplants a more viable treatment option and increase market demand. Moreover, efforts to expand the donor registry, including campaigns by organizations like Anthony Nolan and NHS Blood and Transplant, help improve the availability of matched donors. This expansion makes finding suitable donors easier, supporting bone marrow transplant market growth.
In Germany, the healthcare system is well-developed, with a strong emphasis on advanced treatments and technology. This infrastructure enables the widespread adoption of complex procedures like bone marrow transplants, making the market more robust. Also, the local government and institutions such as the German Cancer Research Center (DKFZ) provide substantial support and funding for cancer research, particularly for treatments like stem cell and gene therapy. This funding encourages innovation and growth in the bone marrow transplant market.
North America Market Analysis
By 2037, North America bone marrow transplant market is projected to hold more than 35.8% revenue share. The market growth can be attributed to high incidences of hematological diseases, advanced healthcare infrastructure, robust research and development, and supportive regulatory frameworks. North America has seen an increasing incidence of hematologic cancers, such as leukemia, lymphoma, and multiple myeloma, which are primary indications for bone marrow transplants. Also, the region is at the forefront of innovations in stem cell mobilization, cryopreservation, and post-transplant care. Technologies like improved conditioning regimens and novel graft-versus-host disease management techniques have enhanced the success rates of bone marrow transplants.
In the U.S. there is a high incidence of hematologic cancers. According to the Leukemia and Lymphoma Society, new cases of leukemia, lymphoma, and myeloma accounted for 9.4% of the expected 2,001,140 new cancer cases diagnosed in the U.S. in 2024. The local government provides substantial funding and support for BMT through organizations like the Health Resources and Services Administration (HRSA) and the National Institutes of Health (NIH). These agencies fund BMT research, improve access, and support donor recruitment initiatives, making transplants more accessible.
Canada has established partnerships with international organizations like the World Marrow Donor Association (WMDA) and global stem cell networks, enabling access to a wider donor pool and fostering knowledge exchange. International collaborations allow local researchers to stay at the forefront of global advancements in BMT and access to innovative treatments. These partnerships also enhance Canada’s ability to provide cutting-edge treatments and high-quality care to a diverse patient population.
Key players are expanding the bone marrow transplant market, improving accessibility and patient outcomes, and advancing the capabilities of BMT. This coordinated approach among healthcare providers, biopharmaceuticals, registries, and governments is transforming BMT into a more effective widely available treatment for a range of diseases.
Here are some key players in the bone marrow transplant market:
Author Credits: Radhika Pawar
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