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Increasing prevalence of chronic diseases such as blood cancer, autoimmune disorders, orthopedic conditions among others is slated to boost the market revenue. For instance, according to a recent study published by University of Oxford, autoimmune diseases affect around 10% of the global population and in UK around 1 in 10 individuals are affected with autoimmune disorder.
Thus, growing prevalence of serve chronic disease is propelling the demand for autologous cell therapy. Furthermore, autologous cell therapy promote tissue regeneration, enhance immune responses and provide personalized treatments along with regenerative and immunomodulatory properties lead to improved treatment outcomes, reduced risk of rejection or adverse reactions, and potentially lower long-term healthcare costs.