Cell Therapy Market size was valued at USD 5.93 billion in 2024 and is likely to cross USD 73.77 billion by 2037, registering more than 21.4% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of cell therapy is estimated at USD 6.95 billion.
It is believed that the rising incidence of cancer across the globe is driving this market expansion. The Food and Drug Administration (FDA) has approved CAR T-cell therapies, bringing them into the mainstream for the management of multiple myeloma, leukemia, and lymphomas.
As per the World Health Organization (WHO), it is anticipated that there will be over 35 million new cases of cancer in 2050, a 77% increase over the projected 20 million cases in 2022.
Author Credits: Radhika Pawar
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