The bone marrow transplantation market is set growth at a compound annual growth rate (CAGR) of 5.9% during the forecast period from 2025 to 2033. According to the research findings provided by Bristol-Myers Squibb Company, by 2040 there will be 1.85 million new cases of blood cancer will be reported worldwide.
"Lower risk of disease recurrence and significant rise in the number of healthy donors drive the allogeneic bone marrow transplant market growth"
Allogeneic bone marrow transplant are currently dominating the type segment for bone marrow transplantation market. The graft is free from contaminating tumor cells, the immunocompetent cells derived from healthy donor may produce an immune graft versus malignancy effect. Significant rise in the number of healthy donors and lower risk of disease recurrence together drive the allogeneic bone marrow transplant market. Autologous bone marrow transplant will be capturing the market in the near future owing to increasing number of stem cells banks which store healthy cells from the patients and, after conditioning treatment are introduced in the patient to produce healthy blood cells.
"Significant rise in the new cases of Hodgkin lymphoma patients and better survival rates post bone marrow transplantation drive the lymphoma indication market growth"
Lymphoma is currently reigning the indication segment for bone marrow transplantation market. It is of 2 types Hodgkin lymphoma and Non-Hodgkin lymphoma. National Cancer Institute (NCI) has reported 83,180 new cases of lymphoma in 2024. Significant rise in lymphoma patients and better survival rates post bone marrow transplantation drive the lymphoma indication market growth. Leukemia is the abnormal production of white blood cells in the bone marrow, National Cancer Institute (NCI) has reported 60,300 new cases of leukemia in 2024.
"Rising prevalence of chronic lymphocytic leukemia and presence of sophisticated healthcare infrastructure drive the market growth in North America"
In the present scenario North America with a revenue share of 38% is the clear leader in bone marrow transplantation market. The chief parameters contributing towards its market success are rising prevalence of chronic lymphocytic leukemia. According to American Cancer Society (ACS) research findings in 2020, it is estimated that approximately 20,720 new cases of chronic lymphocytic leukemia will be reported in North America. The prevalence rate is slightly more in men in comparison to women. Presence of sophisticated healthcare infrastructure further consolidates the market growth in North America region. Europe is in second position accounting for 32% market share owing to increasing number of patients suffering with multiple myeloma. As per the latest report provided by Myeloma Patients Europe (MPE) by 2025 the number of patients suffering with multiple myeloma will be around 46,000. Domicile of major players such as Lonza Group Ltd., Merck Millipore Corporation and PromoCell GmbH further bolster the market growth in Europe. Currently Asia Pacific holds 20% market share on account of proactive government policies to curb mortality rate associated with blood cancer and technological advancement in the bone marrow transplantation technique.
Biotechnology firms actively engaged in bone marrow transplantation procedures are AllCells LLC., Conversant Bio., Cellular Dynamics International, Gamida Cell Ltd., Hemacare Corporation, Lonza Group Ltd., Merck Millipore Corporation, Mesoblast Ltd., PromoCell GmbH and STEMCELL Technologies.
Historical & Forecast Period
This study report represents analysis of each segment from 2023 to 2033 considering 2024 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2025 to 2033.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Bone Marrow Transplantation market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE | DETAILS |
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Research Period | 2023-2033 |
Base Year | 2024 |
Forecast Period | 2025-2033 |
Historical Year | 2023 |
Unit | USD Million |
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Region Segment (2023-2033; US$ Million)
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Key questions answered in this report