Global Cart Cell Therapy Market Is Anticipated To Grow At A Strong CAGR By 2028 | Novartis AG, Kite Pharma, Mustang Bio, Cellectis, Legend Biotech

The global CAR-T cell therapy market is estimated to be valued at US$ 355.1 million in 2018 and is expected to witness a CAGR of 29.4% over the forecast period (2018 - 2028).

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CAR-T cell therapy is the healing significant treatment for cancer patients. Cart cell therapy is an emerging treatment since the introduction of chemotherapy and is one of the biggest revolutions for the patients. Foremost, CAR-T is a type of immunotherapy where doctors collect immune cells from a patient's body and then modify them in a laboratory thereafter then the doctor provides them the supremacy to easily diagnose and kill cancer cells from the patient body.

key leading players:
o Novartis AG,
o Kite Pharma,
o Mustang Bio,
o Sorrento Therapeutics,
o CARsgen Therapeutics,
o Autolus Therapeutics,
o Pfizer Inc.,
o Cellectis,
o Legend Biotech,
o Bellicum Pharmaceuticals and others.

In the recent past, targeted immunotherapy has been the first line of treatment in cancer, which includes CAR-T cell therapy. It is a very effective treatment as it has been preferred over chemotherapy, surgery, and radiation. CAR-T cells or Chimeric Antigen Receptors are special protein receptors. In CAR-T cell therapy T-cells are derived from the patient's blood and added with CAR that binds to specific protein's cancer cells. Millions of such cancer cells are developed in the laboratory and are administered in patients through an infusion. These cells have the ability to bind to infected cancer cells and kill them, in order to cure cancer. In fact, masking of cancer cells from immune cells can be dealt with the inclusion of immune checkpoint inhibitors in the body, which can identify and remove cancer cells. This novel approach to use the patient's immune cells to combat cancer cells has been extremely successful and is used in the treatment of pediatric relapsed acute lymphoblastic leukemia, refractory non-Hodgkin lymphoma, and other cancers.

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Based on the application, diffuse large B-cell lymphoma is a cancer of B cells, a type of white blood cell responsible for producing antibodies. It is the most common type of non-Hodgkin lymphoma among adults. This cancer occurs primarily in older individuals, with a median age of diagnosis at approximately 70 years of age, though it can also occur in children and young adults in rare cases. DLBCL is an aggressive tumor which can arise in virtually any part of the body, and the first sign of this illness is typically the observation of a rapidly growing mass, sometimes associated with B symptoms of fever, weight loss, and night sweats.

Regional Outlook:
Based on the region, the global cart cell therapy market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World. In terms of revenue, North America holds a dominant position in the global cart cell therapy market. The region's dominance is attributable to favorable government policies for the prevention of disease and HCIT adoption, increasing funding for population health management, rising prevalence of chronic diseases, and the presence of well-developed healthcare infrastructure.

Key Developments in Cart Cell Therapy Market:
o In April 2019, Autolus Therapeutics PLC was assigned an orphan drug designation by the US FDA for the treatment of acute lymphoblastic leukemia (ALL) to autologous enriched T-cells, genetically modified with a retroviral vector to express two chimeric antigen receptors targeting CD19 and CD22.
o In April 2019, Cellectis received approval from the US FDA to initiate a Phase 1 clinical trial for UCARTCS1, in patients with multiple myeloma (MM).
o In May 2018, Kite Pharma leased a new cell therapy engineering facility in the Netherlands. With this, the company is aiming to strengthen its position in the global market for CAR T-cell therapy.

Reasons to Buy This Report:
o Market size estimation of the cart cell therapy market on a regional and global basis
o Unique research usage for market size estimation and forecast
o Profiling of major companies operating in the market with key developments
o Broad scope to cover all the possible segments helping every stakeholder in the market

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Market Segmentation:
By Target Antigen
CD19
CD22
Others

By Application
Acute Lymphoblastic Leukemia
Diffuse Large B-Cell Lymphoma
Others

By End User
Pharmaceuticals Companies
Hospital
Clinic
Other

By Region:
North America
By Country (US, Canada, Mexico)
By Target Antigen
By Application
By End User

Western Europe
By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
By Target Antigen
By Application
By End User

Eastern Europe
By Country (Russia, Turkey, Rest of Eastern Europe)
By Target Antigen
By Application
By End User

Asia Pacific
By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
By Target Antigen
By Application
By End User
Middle East

By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
By Target Antigen
By Application
By End User

Rest of the World
By Region (South America, Africa)
By Target Antigen
By Application
By End User

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This release was published on openPR.