Advanced Therapy Medicinal Products Market
By Therapy Type;
Cell Therapy - [Stem Cell Therapy and Non-stem Cell Therapy], CAR-T Therapy, Gene Therapy, and Tissue Engineered ProductBy Application;
Oncology, Cardiovascular Diseases, Musculoskeletal Disorders, Dermatology, and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Advanced Therapy Medicinal Products Market Overview
Advanced Therapy Medicinal Products Market (USD Million)
Advanced Therapy Medicinal Products Market was valued at USD 12,910.71 million in the year 2024. 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%.
Advanced Therapy Medicinal Products Market
*Market size in USD million
CAGR 13.2 %
Study Period | 2025 - 2031 |
---|---|
Base Year | 2024 |
CAGR (%) | 13.2 % |
Market Size (2024) | USD 12,910.71 Million |
Market Size (2031) | USD 30,752.13 Million |
Market Concentration | Low |
Report Pages | 377 |
Major Players
- Novartis AG
- Gilead Sciences, Inc.
- Spark Therapeutics (a subsidiary of Roche)
- bluebird bio, Inc.
- Bristol Myers Squibb
- Amgen Inc.
- Celgene Corporation (now part of Bristol Myers Squibb)
- Pfizer Inc.
- Takeda Pharmaceutical Company Limited
- Biogen Inc.
- Regeneron Pharmaceuticals, Inc.
- Sanofi
- Kite Pharma (a subsidiary of Gilead Sciences)
- Sangamo Therapeutics, Inc.
- Orchard Therapeutics plc
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Advanced Therapy Medicinal Products Market
Fragmented - Highly competitive market without dominant players
The Advanced Therapy Medicinal Products Market is redefining modern medicine through innovative solutions in gene, cell, and tissue-based therapies. These next-gen treatments are rapidly gaining momentum, especially in areas where conventional medicine has fallen short. Over 60% of ATMPs are focused on rare diseases, genetic disorders, and cancer, reflecting their transformative clinical potential.
Innovation in Platforms Enhances Therapeutic Precision
Progress in CRISPR, viral vectors, and stem cell technology is improving therapeutic targeting and reducing off-target effects. Nearly 50% of ongoing ATMP projects now utilize these platforms to enable durable and high-precision treatments. Such innovations are instrumental in advancing both clinical outcomes and product scalability.
Collaborative Frameworks Empower Development
Strategic partnerships account for over 55% of ATMP projects, with synergies forming between academia, biotech startups, and large pharma. These alliances streamline R&D timelines, enhance technical capabilities, and foster a shared infrastructure, allowing for efficient clinical and commercial scale-up of ATMPs.
Personalized Medicine Trends Boost Demand
Patients are increasingly seeking individualized, curative therapies, leading to a 40% rise in ATMP demand. These therapies align perfectly with personalized medicine trends, offering long-lasting solutions rather than temporary symptom relief. The growing shift toward disease modification highlights the critical role of ATMPs in the future of care.
Advanced Therapy Medicinal Products Market Recent Developments
-
In July 2023, the U.S. FDA approved the Investigational New Drug (IND) application for NTLA-2001, which marked the clearance for the first-ever CRISPR-based gene therapy intended for the in vivo treatment of transthyretin (ATTR) amyloidosis with cardiomyopathy.
-
In December 2023, the U.S. FDA granted approval for two gene-based treatments for sickle cell disease, marking a significant milestone. Notably, one of these therapies represented the first application of the gene-editing technique CRISPR in treating the disease.
Advanced Therapy Medicinal Products Market Segment Analysis
In this report, the Advanced Therapy Medicinal Products Market has been segmented by Therapy Type, Application, and Geography.
Advanced Therapy Medicinal Products Market, Segmentation by Therapy Type
The Advanced Therapy Medicinal Products Market has been segmented by Therapy Type into Cell Therapy - [Stem Cell Therapy and Non-stem Cell Therapy], CAR-T Therapy, Gene Therapy, and Tissue Engineered Product.
Cell Therapy - [Stem Cell Therapy and Non-stem Cell Therapy]
Cell therapy dominates the market due to its potential to regenerate damaged tissues and organs. Stem cell therapy has gained traction in treating conditions like leukemia and Parkinson’s disease. Non-stem cell therapies are also progressing in areas like autoimmune disorders and cardiac repair. The growing clinical pipeline and increasing approvals are fueling segment growth.
CAR-T Therapy
CAR-T therapy is rapidly evolving, with innovations targeting solid tumors beyond hematologic cancers. The market is witnessing significant investment in CAR-T research and next-generation platforms. Its success in treating refractory B-cell malignancies is driving regulatory approvals and commercialization. Logistics and cost remain challenges, but expansion in clinical access is progressing.
Gene Therapy
Gene therapy continues to reshape the treatment of rare genetic disorders and inherited diseases. The rise in orphan drug approvals and technological advancements in CRISPR and viral vector systems is accelerating adoption. Companies are targeting ophthalmology, hemophilia, and neurology indications. Growing confidence from regulators and investors supports this segment's robust pipeline.
Tissue Engineered Product
Tissue engineered products offer promising solutions in wound healing, skin substitutes, and orthopedic implants. These therapies enhance functional tissue regeneration using biologically active scaffolds and biomaterials. Market growth is driven by increased demand in reconstructive and regenerative medicine. Regulatory clarity and collaborations between biotech and academia are further strengthening this domain.
Advanced Therapy Medicinal Products Market, Segmentation by Application
The Advanced Therapy Medicinal Products Market has been segmented by Application into Oncology, Cardiovascular Diseases, Musculoskeletal Disorders, Dermatology, and Others.
Oncology
Oncology is the leading application segment, benefiting from the surge in cell and gene therapy approvals for cancers. Therapies like CAR-T and gene-editing tools are revolutionizing personalized treatment approaches. Increasing global cancer incidence and supportive reimbursement policies are fueling demand. Clinical trials targeting rare and resistant tumors also add momentum to this segment.
Cardiovascular Diseases
Advanced therapies for cardiovascular diseases are being explored to regenerate heart tissues and treat conditions like myocardial infarction. Cell-based therapies are emerging as viable options for restoring damaged cardiac muscle. Research is expanding into ischemic diseases, and early-stage approvals are shaping future treatment paradigms. Collaboration between medical device and biopharma sectors is enhancing innovation.
Musculoskeletal Disorders
This segment is experiencing growth with applications in cartilage regeneration, osteoarthritis, and spinal cord injury. Tissue engineering techniques are enabling minimally invasive and effective treatment options. Rising geriatric populations and sports-related injuries are boosting adoption. Biocompatible scaffolds and advanced biomaterials are being increasingly integrated into clinical practice.
Dermatology
Dermatological applications are expanding, particularly for chronic wound healing, burns, and aesthetic procedures. Products like bioengineered skin substitutes are transforming care outcomes. The demand for non-invasive and regenerative treatments is creating opportunities for market players. Increased awareness and access to aesthetic therapies in developing regions are contributing to steady growth.
Others
The "Others" segment includes emerging indications such as ophthalmology, neurology, and metabolic disorders. Innovations in gene editing and stem cell delivery systems are enabling progress across these fields. The segment holds potential for future expansion with a growing number of clinical trials and regulatory attention. Cross-disciplinary advancements are opening new therapeutic frontiers.
Advanced Therapy Medicinal Products Market, Segmentation by Geography
In this report, the Advanced Therapy Medicinal Products Market has been segmented by Geography into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
Regions and Countries Analyzed in this Report
Advanced Therapy Medicinal Products Market Share (%), by Geographical Region
North America
North America leads the market with a dominant share of 42%, driven by advanced research infrastructure and high R&D investments. The U.S. FDA’s supportive regulatory pathways for cell and gene therapies accelerate commercialization. A strong presence of biotech firms and collaboration with academic institutions enhance innovation. The region continues to witness rapid clinical trial activity.
Europe
Europe holds a market share of approximately 28%, backed by favorable regulatory frameworks like the EMA’s ATMP designation. Countries like Germany, France, and the U.K. are at the forefront of regenerative medicine trials. Public-private partnerships and rising healthcare expenditure support market penetration. Ethical and policy alignment is improving access and approvals across EU nations.
Asia Pacific
Asia Pacific accounts for nearly 17% of the market and is gaining momentum with significant investments in biotech innovation hubs. Countries like Japan, China, and South Korea are leading in stem cell and gene therapy programs. Government initiatives and expedited regulatory reviews are propelling growth. Increasing patient awareness and clinical access support rising demand.
Middle East & Africa
The Middle East & Africa region contributes around 7% to the global market, with growing interest in personalized medicine and stem cell banking. UAE and Saudi Arabia are emerging as key markets with investments in medical infrastructure. Adoption is gradual but gaining pace through partnerships and regulatory improvements. Healthcare tourism and pilot projects are influencing expansion.
Latin America
Latin America holds a share of 6% and is seeing early-stage development in advanced therapies. Brazil and Mexico lead the region with improved access to clinical trials and research funding. Efforts to streamline regulatory approval and increase awareness are aiding market entry. Collaborations with global firms and academic networks are opening growth channels.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Advanced Therapy Medicinal Products Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunities Analysis
Drivers:
- Technological advancements in manufacturing
- Increasing prevalence of chronic diseases
- Growing demand for personalized medicine
- Favorable regulatory environment
-
Rising investments in research: The global advanced therapy medicinal products (ATMPs) market is experiencing a significant surge in investments in research and development, driven by growing demand for innovative treatment options across various therapeutic areas. ATMPs, including gene therapies, cell therapies, and tissue-engineered products, represent a promising frontier in healthcare, offering potential cures or long-term disease management for conditions that were previously considered incurable. Factors such as increasing prevalence of chronic diseases, advancements in biotechnology, and favorable regulatory pathways are fostering a conducive environment for the expansion of the ATMPs market.
The heightened interest from both pharmaceutical companies and biotechnology firms, coupled with substantial government initiatives and funding, is propelling the growth of the global ATMPs market. With ongoing breakthroughs in genetic engineering, stem cell research, and regenerative medicine, stakeholders are increasingly optimistic about the transformative potential of ATMPs in addressing unmet medical needs. However, challenges related to manufacturing complexities, high development costs, and regulatory compliance persist, necessitating collaborative efforts among industry players, policymakers, and healthcare stakeholders to realize the full therapeutic potential of advanced therapy medicinal products.
Restraints:
- High cost of therapy
- Stringent regulatory requirements
- Limited reimbursement options
- Complex manufacturing processes
-
Potential side effects: The global advanced therapy medicinal products (ATMPs) market is experiencing robust growth, driven by advancements in biotechnology and regenerative medicine. ATMPs encompass a range of innovative therapies, including gene therapies, cell therapies, and tissue-engineered products, designed to treat complex diseases at the genetic level or repair damaged tissues. These therapies offer promising solutions for conditions that have traditionally been difficult to treat, such as genetic disorders, cancer, and degenerative diseases. The market is characterized by a surge in research and development activities, as well as increasing investments from both public and private sectors to support the development and commercialization of ATMPs.
However, despite the immense potential of ATMPs, the market faces several challenges, including regulatory hurdles, high manufacturing costs, and complex reimbursement mechanisms. Regulatory agencies worldwide are tasked with ensuring the safety and efficacy of these innovative therapies, which often involves navigating novel scientific and ethical considerations. Moreover, the high cost of manufacturing ATMPs, coupled with uncertainties surrounding reimbursement and market access, pose significant barriers to widespread adoption. Nevertheless, as technological advancements continue and stakeholders collaborate to address these challenges, the ATMPs market is poised for continued growth, offering new hope for patients with unmet medical needs.
Opportunities:
- Emerging markets expansion
- Development of novel therapies
- Collaborations and partnerships
- Adoption of advanced manufacturing techniques
-
Increasing healthcare expenditure: The global advanced therapy medicinal products (ATMPs) market has been witnessing significant growth over recent years, driven by the increasing prevalence of chronic diseases and the growing demand for innovative treatment options. ATMPs, which include gene therapy, cell therapy, and tissue-engineered products, offer promising solutions for various challenging medical conditions. These therapies hold immense potential in addressing unmet medical needs, especially for diseases with limited treatment options, such as cancer, genetic disorders, and autoimmune diseases. Moreover, advancements in biotechnology and regenerative medicine have paved the way for the development and commercialization of novel ATMPs, further fueling market expansion. However, despite their therapeutic potential, ATMPs face regulatory and manufacturing challenges, including complex production processes, stringent quality control requirements, and high manufacturing costs, which may hinder market growth to some extent.
As healthcare expenditure continues to rise globally, driven by factors such as aging populations, increasing disease burden, and technological advancements, investment in advanced therapy medicinal products is expected to escalate. Governments, healthcare organizations, and pharmaceutical companies are increasingly recognizing the value of ATMPs in improving patient outcomes and reducing the overall economic burden of chronic diseases. Additionally, initiatives aimed at accelerating the development and commercialization of ATMPs, such as regulatory reforms, funding programs, and partnerships between academia and industry, are likely to foster market growth. Furthermore, the growing adoption of precision medicine approaches and personalized therapies is expected to drive demand for ATMPs, as these treatments offer tailored solutions based on individual patient characteristics. Overall, with ongoing research and development efforts, coupled with favorable regulatory policies and increasing investment, the global ATMPs market is poised for robust expansion in the coming years.
Competitive Landscape Analysis
Key players in Global Advanced Therapy Medicinal Products Market include:
- Novartis AG
- Gilead Sciences, Inc.
- Spark Therapeutics (a subsidiary of Roche)
- bluebird bio, Inc.
- Bristol Myers Squibb
- Amgen Inc.
- Celgene Corporation (now part of Bristol Myers Squibb)
- Pfizer Inc.
- Takeda Pharmaceutical Company Limited
- Biogen Inc.
- Regeneron Pharmaceuticals, Inc.
- Sanofi
- Kite Pharma (a subsidiary of Gilead Sciences)
- Sangamo Therapeutics, Inc.
- Orchard Therapeutics plc
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Therapy Type
- Market Snapshot, By Application
- Market Snapshot, By Region
- Advanced Therapy Medicinal Products Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Technological advancements in manufacturing
- Increasing prevalence of chronic diseases
- Growing demand for personalized medicine
- Favorable regulatory environment
- Rising investments in research
- Restraints
- High cost of therapy
- Stringent regulatory requirements
- Limited reimbursement options
- Complex manufacturing processes
- Potential side effects
- Opportunities
- Emerging markets expansion
- Development of novel therapies
- Collaborations and partnerships
- Adoption of advanced manufacturing techniques
- Increasing healthcare expenditure
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Advanced Therapy Medicinal Products Market, By Therapy Type, 2021 - 2031 (USD Million)
- Cell Therapy
- Stem Cell Therapy
- Non-stem Cell Therapy
- CAR-T Therapy
- Gene Therapy
- Tissue Engineered Product
- Cell Therapy
- Advanced Therapy Medicinal Products Market, By Application, 2021 - 2031 (USD Million)
- Oncology
- Cardiovascular Diseases
- Musculoskeletal Disorders
- Dermatology
- Others
- Advanced Therapy Medicinal Products Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Advanced Therapy Medicinal Products Market, By Therapy Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Novartis AG
- Gilead Sciences, Inc.
- Spark Therapeutics (a subsidiary of Roche)
- bluebird bio, Inc.
- Bristol Myers Squibb
- Amgen Inc.
- Celgene Corporation (now part of Bristol Myers Squibb)
- Pfizer Inc.
- Takeda Pharmaceutical Company Limited
- Biogen Inc.
- Regeneron Pharmaceuticals, Inc.
- Sanofi
- Kite Pharma (a subsidiary of Gilead Sciences)
- Sangamo Therapeutics, Inc.
- Orchard Therapeutics plc
- Company Profiles
- Analyst Views
- Future Outlook of the Market