Atlanta, GA, November 01, 2017 --(PR.com
)-- The market of cell therapy in terms of revenues is $3 billion and its global market is poised to grow at a CAGR of 23.27% during the period 2017-2021. The market of stem cell therapy is expected to reach USD 145.8 million by 2021, growing at a CAGR of 11.0% during the forecast period 2016-2021. The global stem cell therapy market on the basis of the mode of treatment is segmented into allogenic and autologous stem cell therapy. Moreover, the gene therapy market in spite of presenting few marketable products and being nascent in terms of revenue generation holds tremendous growth potential. As per a new estimation carried out in a latest study, the global gene therapy industry has the potential to become a multi-million dollar industry by the end of 2018 as new products, especially those in the advanced stage of clinical studies or with pending approvals, may enter the market to boost the growth.
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