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Cell Therapy Packaging Products and Services Market to be Worth $1.25 Billion by 2030 – Exclusive Insight Analytics Report

Insight Analytics Pvt. Ltd. announces the release of a market assessment report on the ‘Global Market for Cell Therapy Packaging Products and Services, by Therapy (T Cell Therapies, Dendritic Cell Vaccines, Stem Cell Therapies, NK Cell Therapies and Other ATMPs), Package Technical Design (Primary Packaging and Secondary Packaging), trends, industry competitive analysis, revenue and forecast to 2030.”

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Cell Therapy Packaging Market: Rising Demand, Fueled by Innovation and Growing Need for Advanced Therapies
InsightAce Analytics estimates that the global cell therapy packaging market will reach $1.25 billion by 2030, reflecting a robust CAGR of 20.32% from 2022. This growth is driven by the transformative potential of cell therapy in the treatment of chronic diseases.

Cell therapy, in addition to gene therapy, represents a revolutionary approach in modern medicine. It involves manipulating genetic material to fight a wide range of diseases. This has led to significant investment in the biopharmaceutical sector, with a focus on developing innovative and adaptable ‘patient-centric medicines’ alongside supply chain improvements.

Cell and gene therapies pose unique packaging challenges:

• Maintain product stability: Packaging materials must withstand high temperatures and mechanical stresses to ensure product integrity.

• Ensuring sterility: Leak-free closures are critical to prevent contamination.
• Easy access to products: The packaging design should allow easy access for healthcare professionals.

Several factors are driving the cell therapy packaging market:

• Growing demand for cell therapies: The increasing need for cell-based treatments for various conditions is a key driver.

• Advances in Packaging and Labeling: Continued advances in packaging and labeling technologies improve product safety and functionality.

• High cancer rates: The increasing incidence of cancer worldwide is driving the demand for cell-based therapies as potential treatment options.

• State-of-the-art medical technology: Advanced medical technologies create a more favorable environment for cell therapy applications.

• Healthcare Outsourcing Trends: The growing trend of healthcare outsourcing is driving increased demand for specialized packaging solutions.

• Expanding provider portfolios: Providers are actively expanding their portfolios to meet the changing needs of the cell therapy market.

• Investments in innovation: Leading companies are expected to increase their investments in the development of new medicines and advanced packaging technologies.

However, the market also faces challenges:

• High production costs: The high cost of specialized packaging equipment can be a barrier to entry for some players.

• Undefined treatment procedures: The lack of standardized therapy protocols creates uncertainties in packaging development.

• Operational complexity: The complex nature of cell therapy manufacturing requires highly specialized packaging solutions.
Geographically, North America is expected to dominate the market due to:

• Stringent Regulation: Stringent regulatory frameworks ensure high quality standards for cell therapy products and packaging.

• Rising prevalence of chronic diseases: The increasing burden of chronic diseases is driving the demand for new treatment options.

• Greater public awareness: Growing public awareness of cell and gene therapies is creating a more receptive market.

• Increased government funding: Government support for cell therapy research and development drives innovation.

The European market is also expected to experience significant growth thanks to a booming cell therapy manufacturing sector, adoption of new technologies and advancements in the biopharmaceutical industry.

Overall, the cell therapy packaging market offers a promising future, driven by the transformative potential of cell therapies and the increasing need for innovative packaging solutions to ensure the safe and effective delivery of these life-saving treatments.

Key market players operating in the cell therapy packaging products and services market include:
Almac, Catalent Pharma Solutions, Cryoport Systems, Core Cryolab Inc., Yourway, Lufthansa Cargo, Saint-Gobain Life Sciences, Thermo Fisher Scientific, Sharp, West Pharmaceutical Services, Chart Industries Inc. and other prominent players.

Recent collaborations and agreements in the market:

• In February 2022, cell and gene therapy developers will now have access to Thermo Fisher Scientific’s brand new integrated commercial packaging and distribution capabilities, designed to help patients in the US and EU make a smooth transition from clinic to commercial launch . To support developers’ logistics plans, Patheon Commercial Packaging Services for Cell and Gene Therapies (CGT) offers an end-to-end solution that includes GMP warehousing, serialization, ultra-cold and cryogenic packaging and global distribution.

• In February 2020, Almac and Pfizer reported steps to shorten labeling times for gene therapy. Multinational pharmaceutical research and manufacturing company Almac Group expanded its U.S. commercial packaging capabilities at its Audubon, Pennsylvania location in April 2018.

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Market segments
Global Cell Therapy Packaging Products and Services Market, by Therapy, 2022-2030 (US$ Million Value)
• T cell therapies
• Dendritic cell vaccines
• Stem cell therapies
• NK cell therapies
• Other ATMPs

Global Cell Therapy Packaging Products and Services Market, by Package Technical Design, 2022-2030 (US$ Million Value)
• Primary packaging
• Secondary packaging

Global Cell Therapy Packaging Products and Services Market, by Region, 2022-2030 (US$ Million Value)
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

North America Cell Therapy Packaging Products and Services Market, by Country, 2022-2030 (US$ Million Value)
• US
• Canada

Europe Cell Therapy Packaging Products and Services Market, by Country, 2022-2030 (US$ Million Value)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe

Asia Pacific Cell Therapy Packaging Products and Services Market, by Country, 2022-2030 (US$ Million Value)
• India
• China
• Japan
• South Korea
• Australia & New Zealand

Latin America Cell Therapy Packaging Products and Services Market, by Country, 2022-2030 (US$ Million Value)
• Brazil
• Mexico
• Rest of Latin America

Middle East and Africa Cell Therapy Packaging Products and Services Market, by Country, 2022-2030 (US$ Million Value)
• GCC countries
• South Africa
• Rest of the Middle East and Africa

Why should you buy this report:
 Receive a comprehensive analysis of the prospects for the global cell therapy packaging products and services market
 To receive an industry overview and future trends in the cell therapy packaging products and services market
 Analyzing the market drivers and challenges for cell therapy packaging products and services
 To get information on the forecast market value of cell therapy packaging products and services (US$Mn) through 2030
 Significant investments, mergers and acquisitions in the cell therapy packaging products and services market sector

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InsightAce Analytic is a market research and consulting firm that empowers clients to make strategic decisions.
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This release was published on openPR.