The global cell therapy market size was valued at USD 8.22 billion in 2021 and is poised to grow at a significant CAGR of 13.3% during the forecast period 2022-28. Cell therapy is a procedure that involves replacing damaged or malfunctioning cells with active and functional cells. Because stem cells have the ability to develop into specific cells that are needed to heal damaged or dysfunctional tissues or cells, they are used in these sophisticated therapies.
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