Global Advanced Therapy Medicinal Products Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Therapy Type;

Cell Therapy - Stem Cell Therapy and Non-stem Cell Therapy, CAR-T Therapy, Gene Therapy, and Tissue Engineered Product.

By Application;

Oncology, Cardiovascular Diseases, Musculoskeletal Disorders, Dermatology, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn143472941 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Advanced Therapy Medicinal Products Market (USD Million), 2021 - 2031

In the year 2024, the Global Advanced Therapy Medicinal Products Market was valued at USD 12,910.71 million. The size of this market is expected to increase to USD 30,752.13 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 13.2%.

The global advanced therapy medicinal products (ATMPs) market represents a pioneering frontier in healthcare, offering innovative treatments that harness the power of cutting-edge technologies like gene therapy, cell therapy, and tissue engineering. ATMPs hold immense promise for addressing previously untreatable diseases and conditions, ranging from rare genetic disorders to cancer and degenerative disorders. With the ability to target underlying molecular and cellular mechanisms, these therapies have sparked excitement within the medical community and among patients seeking alternatives to conventional treatments. As a result, the ATMP market has experienced remarkable growth in recent years, driven by advancements in biotechnology, increasing investment in research and development, and regulatory support aimed at expediting the approval process for these novel therapies.

Despite their immense potential, ATMPs also present unique challenges. The complexity of manufacturing personalized cell therapies and ensuring their safety and efficacy pose significant hurdles for developers and regulatory bodies alike. Additionally, high development costs, limited scalability, and uncertainties surrounding reimbursement have tempered the rapid expansion of the ATMP market. However, ongoing efforts to streamline manufacturing processes, enhance clinical trial methodologies, and establish robust regulatory frameworks are gradually addressing these challenges, paving the way for wider adoption of advanced therapies.

The landscape of the ATMP market is characterized by a diverse array of stakeholders, including pharmaceutical companies, biotechnology firms, academic institutions, and healthcare providers. Collaborations and partnerships between these entities are becoming increasingly prevalent as they seek to pool resources, expertise, and infrastructure to accelerate the development and commercialization of ATMPs. Moreover, the growing involvement of venture capital and private equity firms underscores the attractiveness of this emerging market segment and its potential for delivering substantial returns on investment.

The future of the global ATMP market appears promising, with continued innovation driving the development of next-generation therapies and expanding their applicability across a broader spectrum of diseases. As research uncovers new insights into the biology of diseases and technological advancements enable more precise targeting and delivery of therapies, ATMPs are poised to revolutionize healthcare by offering patients personalized and curative treatments that were once unimaginable.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Therapy Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Advanced Therapy Medicinal Products Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological advancements in manufacturing
        2. Increasing prevalence of chronic diseases
        3. Growing demand for personalized medicine
        4. Favorable regulatory environment
        5. Rising investments in research
      2. Restraints
        1. High cost of therapy
        2. Stringent regulatory requirements
        3. Limited reimbursement options
        4. Complex manufacturing processes
        5. Potential side effects
      3. Opportunities
        1. Emerging markets expansion
        2. Development of novel therapies
        3. Collaborations and partnerships
        4. Adoption of advanced manufacturing techniques
        5. Increasing healthcare expenditure
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Advanced Therapy Medicinal Products Market, By Therapy Type, 2021 - 2031 (USD Million)
      1. Cell Therapy
        1. Stem Cell Therapy
        2. Non-stem Cell Therapy
      2. CAR-T Therapy
      3. Gene Therapy
      4. Tissue Engineered Product
    2. Global Advanced Therapy Medicinal Products Market, By Application, 2021 - 2031 (USD Million)
      1. Oncology
      2. Cardiovascular Diseases
      3. Musculoskeletal Disorders
      4. Dermatology
      5. Others
    3. Global Advanced Therapy Medicinal Products Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Novartis AG
      2. Gilead Sciences, Inc.
      3. Spark Therapeutics (a subsidiary of Roche)
      4. bluebird bio, Inc.
      5. Bristol Myers Squibb
      6. Amgen Inc.
      7. Celgene Corporation (now part of Bristol Myers Squibb)
      8. Pfizer Inc.
      9. Takeda Pharmaceutical Company Limited
      10. Biogen Inc.
      11. Regeneron Pharmaceuticals, Inc.
      12. Sanofi
      13. Kite Pharma (a subsidiary of Gilead Sciences)
      14. Sangamo Therapeutics, Inc.
      15. Orchard Therapeutics plc
  7. Analyst Views
  8. Future Outlook of the Market