Report ID: SQMIG35H2061
Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Cell Therapy Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Cell Therapy industry players.
The global cell therapy market is driven by surging investments in R&D of stem cell and regenerative medicine. Growing prevalence of chronic diseases and use of cell therapies for the treatment of the same are also expected to boost revenue generation in the future. Technological innovations in cell manufacturing processes are also predicted to help expand the scope of application for cell therapies. Launch of new expedited regulatory pathways for cell therapy products by regulatory bodies is also slated to create new business scope for cell therapy providers. The success of CAR-T cell therapies in treating certain cancers is also projected to create a wide range of new opportunities for market players in the long run.
According to SkyQuest Technology “Cell Therapy Market By Technology (Somatic Cell Technology, Cell Immortalization Technology), By Cell Type (Stem Cell, Non-stem Cell), By Therapy Type (Allogeneic Therapies, Non-Stem Cell Therapies), By Therapeutic Area, By End User, By Region - Industry Forecast 2025-2032,” Global cell therapy market is projected to grow at a CAGR of over 21.5% by 2032, as more and more indications are being treated using novel cell therapies. The shift towards personalized medicine is also expected to bolster the adoption of cell therapies as they help tailor treatments to individual patient profiles. Growing patient awareness regarding the benefits of cell therapies can also expand the demand for novel cell therapies in the future.
|
Company |
Est. Year |
Headquarters |
Revenue |
Key Services |
|
Thermo Fisher Scientific Inc. |
1956 |
Waltham, Massachusetts, USA |
$42.87 billion (2024) |
Cell-therapy reagents & instruments, bioprocessing equipment, GMP raw materials, cell-manufacturing workflows, analytics and QC solutions. |
|
Merck KGaA (EMD / MilliporeSigma) |
1668 |
Darmstadt, Germany |
$22.77 billion (2024) |
Life-science reagents (MilliporeSigma), process development, delivery systems, cell-culture media and biologics manufacturing support |
|
Danaher Corporation
|
1969 |
Washington, D.C., USA |
$23.87 billion (2024) |
Bioprocessing systems, automation, analytical instruments, single-use technologies and CDMO-enabling platforms for cell therapies. |
|
Becton, Dickinson and Company (BD) |
1897 |
Franklin Lakes, New Jersey, USA |
$20.64 billion (2024) |
Cell-therapy consumables, infusion and delivery devices, cell processing disposables, and advanced patient-monitoring integration. |
|
Lonza Group |
1897 (origins) / Lonza formed 1978 |
Basel, Switzerland |
$7.27 billion (2024) |
Large-scale CDMO for cell and gene therapies: viral vector and cell-manufacturing, process development, supply chain and analytical services. |
|
Sartorius AG |
1870 |
Göttingen, Germany |
$3.63 billion (2024) |
Bioreactors, single-use systems, filtration, process analytics and automation used in cell-therapy manufacturing. |
|
Nkarta Inc.
|
2015 |
South San Francisco, California, USA |
NA |
Off-the-shelf allogeneic NK-cell therapies, cell engineering platforms, clinical development in oncology and autoimmune indications. |
|
Aurion Biotech (Aurion Biotherapeutics) |
2021 |
USA (headquarters / operations in US) |
NA |
Regenerative and cell-based therapies (notably ophthalmology), cell manufacturing scale-up and clinical development. |
|
S. BIOMEDICS |
2005
|
South Korea
|
NA |
Stem-cell platforms for regenerative medicine (parkison’s, spinal cord, fibroblast therapies), clinical development and IND/MA pathways. |
|
MEDIPOST Co. Ltd. |
2000 |
Seoul / Busan, South Korea |
$50.41 million (2024) |
Commercialized cell therapy (Cartistem® for knee OA), cord-blood banking, clinical development, and cell-therapy manufacturing & distribution. |
Thermo Fisher Scientific is a dominant industrial partner to the cell-therapy ecosystem: it supplies the reagents, instruments, single-use bioreactors, GMP raw materials and analytics that underpin discovery, preclinical work and commercial manufacturing. The company acts as a key enabler for companies focusing on developing cell and gene therapies, biomanufacturing processes, and advanced clinical products. Thermo Fisher’s end-to-end offering for cell therapy spans frozen storage, closed-system cell processing platforms, viral vector production reagents, cell culture media, sterility and release testing systems, and cloud-connected lab informatics that support regulatory compliance. Because many smaller biotech developers outsource critical manufacturing steps, Thermo Fisher’s scale and global GMP footprint make it a first-line supplier for both early-stage and commercial cell-therapy programs; its investments in automation and integrated workflows aim to reduce per-dose cost and accelerate time to market.
Merck KGaA’s life-science arm (MilliporeSigma in the U.S.) is a foundational supplier for cell-therapy developers, offering media, buffers, viral-vector reagents, transfection systems, and process analytics. For cell therapies specifically, the company provides critical upstream and downstream materials, closed processing systems, GMP manufacturing components, and column resins used in the purification of cell products and viral vectors. The company’s investments in platform chemistry, single-use assemblies, and quality-by-design workflows are positioning it as a major player for the long run.
The company’s life-science and bioprocessing businesses provide process monitoring, single-use consumables, cell-separation technologies, and automation that reduce variability in cell production. Danaher’s portfolio includes firms focused on bioprocess analytics, flow cytometry, purification, and in-line process control, is tailored to the needs of cell-therapy developers and CDMOs. Because cell therapies are highly sensitive to manufacturing conditions, Danaher’s instrumentation and software for in-process testing, environmental monitoring, and quality control are crucial for meeting regulatory release criteria and scaling production. Danaher also supports the trend toward closed, automated manufacturing suites that enable reproducible, lower-cost cell therapy manufacturing at clinical and commercial scale.
BD is a leading medtech company whose devices and consumables are integral to many cell-therapy workflows. While BD’s fiscal 2024 filings cover broad medtech revenue, the company supplies critical disposables—sterile tubing sets, single-use bioprocess assemblies, syringes, infusion systems, and containment technologies—that support cell processing, formulation and delivery. Recent strategic moves (including the addition of advanced patient-monitoring and critical-care assets) expand BD’s role in the post-manufacturing care pathway for cell-therapy patients. Importantly, BD’s strength in regulatory affairs, global distribution and clinician-facing devices bridges lab manufacturing and bedside administration: clinicians rely on validated delivery systems for cell infusions, and BD’s portfolio helps customers meet traceability and safety requirements. As cell therapies advance commercially, BD’s device expertise and global reach make it a core partner for developers, CDMOs and healthcare providers.
Lonza is one of the world’s largest CDMOs for cell and gene therapies, offering integrated process development, clinical- and commercial-scale manufacturing, viral-vector production and fill-finish services. Lonza is focusing on expanding its cell & gene capabilities and an expanding its global footprint of GMP facilities. Lonza’s value proposition is the ability to take a program from process development through scale-up to commercial production, often solving bottlenecks that small biotech companies cannot address in-house. Lonza is known for its analytical development services, supply of critical raw materials, and technology transfer to multiple manufacturing sites—services that de-risk commercialization for customers.
Sartorius is a specialist supplier of bioprocessing equipment and single-use technologies used extensively in cell-therapy production. Sartorius provides single-use bioreactors, filtration and chromatography modules, sensors, and automation software that enable closed, scalable cell-manufacturing processes. For cell therapies, single-use systems are attractive because they reduce contamination risk and shorten changeover times between batches, which is critical for personalized and allogeneic cell products. Sartorius’s focus on process standardization, modular manufacturing components, and process analytics helps developers shorten development timelines and support regulatory filings by providing reproducible, documented process data.
Nkarta is a clinical-stage cell-therapy company developing allogeneic (off-the-shelf) natural killer (NK) cell therapies for oncology and, in some programs, autoimmune indications. The company’s public filings and 2024/2025 results show an R&D-heavy, clinical-stage balance sheet rather than commercial product revenue. Nkarta’s platform centers on engineered NK cells designed for potency, persistence and reduced graft-versus-host risks versus traditional allogeneic T-cell products; manufacturing advances such as closed systems, standardized expansion protocols and cryopreservation are core to making NK products broadly distributable. Nkarta’s clinical readouts and IND activity (and anticipated investigator-sponsored trials) will determine its near-term value inflection points; if safety and efficacy are confirmed, scalable manufacturing and supply partnerships will be essential to convert clinical promise into commercial adoption.
Aurion Biotech is an emerging regenerative-medicine and cell-therapy company (recently visible in funding and IPO filings) focused on ophthalmology and other localized indications. As a private / pre-commercial company it has been raising capital to support late-preclinical and early clinical work and to scale manufacturing. Aurion’s approach emphasizes development of allogeneic or engineered cell products and the manufacturing processes required for reproducible clinical supply, particularly for delicate tissues like the retina where cell delivery, dosing and immune management are specialized. The company’s fundraising and planned IPO activity indicate investor conviction in regenerative cell approaches for vision restoration, translating that into durable patient outcomes will depend on validated manufacturing workflows, regulatory approvals and distribution capabilities.
S.Biomedics is a European/Asian cell-therapy developer active in stem-cell programs for regenerative medicine, including fibroblast- and neuronal-precursor approaches (notably a dopamine progenitor program for Parkinson’s disease). The company is advancing multiple clinical candidates and has reported promising early-stage data for certain indications; it emphasizes platform technologies that attempt to deliver functional cell replacements and durable symptomatic improvement.
MEDIPOST is a South Korean pioneer in commercial cell therapy: it developed and commercialized Cartistem®, an allogeneic umbilical-cord-blood-derived stem-cell product for knee osteoarthritis, and operates a large hybrid cord-blood bank (CellTree). In 2024 the company reported roughly KRW 70.7 billion of revenue, and MEDIPOST continues to expand clinical programs and global regulatory activities (including Phase-3 IND work and trials in Japan). MEDIPOST’s model that focuses on combining biobanking, a commercial product, manufacturing capabilities and pipeline R&D demonstrates how regionally successful cell therapies can scale into exports and global trials.
The global cell therapy market is anticipated to expand at a robust CAGR but faces challenges from high manufacturing costs and ethical issues. Cell therapy companies are expected to leverage artificial intelligence and other advanced digital technologies to help them fast track their R&D and manufacturing. Collaborations between academic institutions, biotechnology companies, and pharmaceutical firms are accelerating the development and commercialization of cell therapies.
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Currently, there are autologous and allogeneic cell therapy types along with sub categories such as stem cell therapies (e.g., hematopoietic, mesenchymal) and non-stem cell therapies (e.g., CAR-T, T-cell receptor-based therapies) variable precision targeted regenerative therapies.
Cell therapy is being used throughout medicine including cancer, cardiovascular disease, musculoskeletal conditions, dermatological conditions, and emerging infectious diseases, with better outcomes in when regenerative and personalized treatment is used for chronic and life-threatening illness.
CAR-T therapy is revolutionary in oncology, because it provides highly effective individualized treatments for tumors of hematologic origin predominantly in the time since the high profile use for acute lymphocytic leukemia and commonly for multiple myeloma, as supported by the increasing number of FDA approvals and success in clinical trials.
The emerging gene editing technologies such as CRISPR, are promoting precision in cell therapy through the ability to target genetic modification, which increases the therapeutic effect and reduces side effects, which enriches the potential planning of patient specific therapies in regenerative medicine and cancer.
Regulatory organizations, such as the U.S. FDA and the Horizon Europe program in the European Union, helps approve and fund cell therapy projects that demonstrate safety, efficacy, and assurance that ethical safeguards are being given for the progression of personalized and regenerative medicine.
COVID-19 revealed the power of cell therapy in research to understand and treat emerging disease situations, providing a burst of research and development investment and value appropriating advanced diagnostics and therapeutic platforms for the purpose of responding to infectious threats and improving health outcomes.
Investment opportunities in cell therapy are driven by growth in clinical trial funding, improved manufacturing infrastructure, and strength in strategic partnerships. The increase in investment for next-generation therapies, principally from companies and governments, have established cell therapy as a viable high-growth sector with a competitive and profitable market potential.
Progress in cell therapy research consists of improved cell engineering; more pathways using CAR-T therapies; allogeneic therapies from iPCS; advancements in delivery methods; greater advances to pervasive regenerative treatments that are safer, scalable, and have the potential for delivery.
AI is shaking up cell therapy development by unifying and optimizing various manufacturing features, minimizing contamination concerns, speeding up the drug discovery process, enhancing the speed of therapy development while consistently optimizing the process to produce greater efficiency and support quick scale of cell-based treatment platforms.
The increasing push towards regenerative medicine created three things: demand for cell therapies accelerated by the growing prevalence of chronic disease and aging population and for curative potential that is often absent in available conventional treatments.
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