Press release
T-Cell Therapy Market major players share estimates 2016 to 2019 and forecast analysis through 2026 | Top Players TCR2 Therapeutics, Inc., Pfizer Inc., and DiaCarta, Inc, etc.
The Global T-Cell Therapy Market is forecast to reach USD 8.37 Billion by 2027, according to a new report by Reports and Data.The T-cell therapy involves isolating the T-cells from the body and equipping them with new T-cell receptors; once the T-cells are activated and expanded, they are infused back into the body to fight off the cancerous cells. In the most common form of T-cell therapy, T-cells are hijacked from the body and the natural functions of those t-cells are augmented in the laboratory to steer them towards the tumorous or the cancerous cells particularly.
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The Global T-Cell Therapy market is growing at a substantial pace as the number of cancerous diseases and the implementation of T-cell therapeutic immunity system are drastically being propelled. An increased awareness about healthcare & wellness, changing disease patterns, government supports, and escalating volumes of implementation of the T-Cell therapies in various cancer research centers is expected to accelerate the further rapid growth of this market.
In market segmentation by manufacturers, the report covers the following companies:- Gilead Sciences, Inc., Sorrento Therapeutics, Fate Therapeutics Inc., Novartis International AG, AbbVie Inc., Adaptimmune Therapeutics PLC, Bluebird Bio, TCR2 Therapeutics, Inc., Pfizer Inc., and DiaCarta, Inc., among others.
The North American market is expected to retain its domination in the global market, owing to its adoption of advanced research & development for cancer immunotherapy, coupled with the increasing extensive demand for t-cell adoptive immunotherapy in the oncology departments in all the hospitals and cancer research centers. Asia Pacific, with its elevated advancement in the healthcare industry and escalating volumes of patients with cancers in China, and India, is likely to achieve a significant market share. China and India are some of the fastest-growing markets, while the United States and the United Kingdom hold some of the most prominent players in the market.
For the purpose of this report, Reports and Data have segmented the global T-Cell Therapy market on the basis of type, type of therapy, end-users, and region:
Type Outlook (Revenue, USD Billion; 2019-2026)
Hematologic Malignancies
Solid Tumors
Type of Imaging Outlook (Revenue, USD Billion; 2019-2026)
CAR T Cell Therapy
TCR Therapy
TIL Therapy
End-Users Outlook (Revenue, USD Billion; 2019-2026)
Hospitals
Clinics & Ambulatory Centers
Cancer Research Institutes
Others
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Regional Outlook (Revenue, USD Billion; 2019-2026)
North America
Europe
Asia Pacific
MEA
Latin America
Further key findings from the report suggest:
Chimeric Antigen Receptors (CAR) T-cell therapy is a type of adoptive cell immunotherapy that uses specially altered CAR T-cells to fight cancer cells. Certain amount of T-cells are collected and boosted with the special chimeric antigen receptors structures and then re-infused into the body to fight off the tumor or cancerous cells. CAR T-cells are highly effective for blood cancers. CAR T-cell therapy is growing at a CAGR of 15.7% throughout the forecast period.
Ambulatory centers & clinical healthcare facilities are focused on providing immediate therapeutic care and releasing the patients right after the therapy. The ambulatory centers have a more convenient outpatient procedure alternative to the hospital based inpatient systems, maintaining a strong track record of quality care. Clinics & ambulatory centers, incorporating all the required and modern t-cell therapeutic techniques & oncologists, are expected to grow fastest at a rate of 13.2% throughout the forecast period.
The hospitals around the world have been incorporating the t-cell therapeutic systems for cancers in all the oncology departments. Owing to the highest number of patient counts coupled with a handful amount of investment in the research & development in immune-oncology, the hospitals sub-segment is expected to retain its domination with a market share of 49.8% by 2027, and the CAGR is forecasted to be 15.0% during the period 2019 - 2027.
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The objectives of the report are:
-
To examine and forecast the market size of the T Cell Therapy Industry in the global market.
- To study the global key players with a focus on the SWOT analysis, value and global market share for leading players.
To analyze the market by type, end use, and region to draw a forecast for the years 2019-2026.
To assess the market potential and advantage, opportunities and challenges, restraints and risks faced by global key regions.
To decipher significant trends and elements driving or confining the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
- To critically analyze each submarket by evaluating individual growth trends and their role in the market.
To examine competitive developments such as agreements, business expansions, product launches, and possessions in the market.
To outline the key players and comprehensively analyze their growth strategies.
The research provides answers to the following key questions:
What type of customers are purchasing the products and services from companies operational in the T Cell Therapy Market?
What will be the roadmap for product manufacturers engaged in the T Cell Therapy industry for the forecast years from 2019 to 2026?
What are the recent advancements and feats by key competitors to look out for during the estimated period?
What are the major trends influencing customers' lifestyles and consequently, their purchasing activities?
How can brands best appeal to the customers they intend to target?
When, where, and how can the customers use or consume the products or services?
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Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.
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